How Binance Works (Simple Explanation)
Binance may seem complex at first, but its operation is simpler than it appears. The platform is divided into several useful sections according to your needs. The Spot allows you to buy and sell cryptocurrencies in a classic way. The P2P allows you to buy directly from other users, often without fees, ideal in many African countries. Binance Earn gives you access to passive income through staking, flexible or auto-invest. There is also the Futures section, reserved for experienced users, as it carries high risks.
Finally, Binance Square is the social space where you can learn, share, inform, and even earn without investing.
Understanding the structure of Binance is the foundation for advancing smoothly in your crypto journey.
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