I started investing in crypto using Luno but sekarang I mostly guna Binance.

Thread on how to use Binance and their awesome features that enables you to grow more coins on top of your coin

Disclaimer:
I still guna Luno, Luno sangat senang nak guna, very user friendly, tapi Luno ada 4 crypto je;
Bitcoin, Ethereum, Litecoin and Ripple.

There are actually more than 5 thousand coins out there.
And this is why I started using Binance.

If belum invest in crypto, I suggest guna Luno dulu, Binance panjang sikit steps dia compare to Luno.

Binance sangatttt lah banyak functionnnn.
So I'm just going to explain on what I understand and currently using.

Plus, I baru guna few weeks, feel free to add and correct me if I'm wrong okay guys

1. Cara deposit/withdraw duit dalam Binance, guna P2P trading.

Once dah register Binance,
Go to wallets > P2P > P2P trading
Boleh nampak USDT, BTC, BUSD, BNB, ETH, DAI
I beli USDT.
USDT ni stablecoin - harga dia ikut harga USD - untuk senangkan urusan jual beli

Skrg harga 1 US Dollar = RM4.08 so USDT pun sama, 1 MYR = 4.08 USDT
If you nak masukkan RM100 to Binance then cari Limit RM100 or less.
Ni contoh limit rm100.

Click Buy > Enter Amount > then open your bank acc and buat fund transfer macam biasa.
That's why it's called P2P - kita transfer ke individual acc, bukan ke Binance.
Within few minutes seller akan approve.
Now you have MYR100 or 24.51 USDT in your Binance

Cara nak withdraw your crypto from Binance to your bank account pun sama.

Means that nanti you will be the one who sells them, tunggu orang lain to buy your USDT and transfer their money to your bank account.

How long? Idk, tak pernah withdraw lagi.

*Side Note:
When you buy rypto on Binance, referance letak your Order ID ONLY. So on your bank statement there will be no traces of crypto.

If guna Luno, on your bank statement will be written Luno. So.. I leave it there for you to interpret further okay..

2. Cara nak beli crypto:

Your USDT is now in your P2P wallet,
Click Transfer > To spot wallet. Amount I letak MAX.

Now your USDT is in your Spot Wallet.

Bukak Market, example you want to buy Polka Dot (DOT), pilih DOT/USDT > Click BUY

Choose "Limit" - limit ni kita bid harga yang kita nak beli. Contoh harga skrg 16.05.
I nak beli masa harga 16.00 (Min untuk beli any crypto is 10 USDT btw).
Then click BUY.
Bila harga market turun to 16.00 terus your order masuk.

Boleh tengok charts etc., letak price alert jugak, Indicator pun ada dah siap dekat bawah tu, senang.

Top right Star tu to add the coin on your Favorite list.

Btw, Market tu means kita beli harga skrg. Order terus masuk, tak payah tunggu. Tapi fee tinggi sikit compare to Limit. Berapa tu tak sure. Maaf

Stop-Limit dgn OCO tu pun tak sure apa. Help?

But paling senang is guna Limit or Market

Ok kita masuk part best pasal Binance -

HOW WE CAN GROW OUR COINS ON TOP OF OUR COINS

1. Get "dividens" on top of your coins - Earn !

Dekat Home > Tekan Savings.

Ada Flexible, Activity, Locked.
I currently subscribe my coins on Flexi.
Flexi means anytime I boleh redeem and jual/move my coin bila bila I nak.

If dekat "Locked" - ada tempoh coin kena locked, tak boleh nak redeem.

"Activity" tu I tak pernah try lagi.

Once you subs for Flexi, your coin will be in your Earn wallet instead of Spot wallet.

Flexi Saving:
If you tak beli any coin pun, you subscribe your USDT here, you dpt 6% annually.
Macam ASB, dpt dividend 6% untuk setahun.
Tapi Binance bagi setiap hari, means
6% divide by 365 days = 0.016%.

Dapat lah 0.016% everyday on top of your USDT.

For Bitcoin, Binance bagi 1.20% annually.

Quite small tapiiii that's literally free Bitcoin.

Siapa nak bagi free Bitcoin? Kita subscribe flexi savings and nak redeem interest pun takde fees.

Ada banyak lagi on the Flexi Saving selain USDT and BTC. Can download Binance and check your self.

2. Get free tokens/coins on top of your coins - Launchpad

Dekat Home > Launchpad.
Currently I tengah stake my BNB here.
I stake BNB, I dapat LIT coins.
Nak subscribe takde fee, LIT coins dapat setiap hari, anytime boleh redeem.

Current price for 1 LIT is 0.083$, yes 0.02 LIT = 0.025 USD, sikit..but lagi few months, mungkin harga LIT naik, kita jual, that's free money y'all !

Ada banyak lagi features lain on Binance - margin, futures, loans, but I'm not currently on this and this is for Pro's only in my opinion, sbb risky.

The only cons on Binance to me is, it is NOT regulated by Security Commission of Malaysia.

That means, if your money gone in Binance..sadly there's no law to protect you...I think

However, Binance is one of the most famous crypto platform in the world, thus I trust Binance.

If you haven't download Binance, use this link and you get 10% commission!
https://www.binance.com/en/register?ref=W4ARG72D

Pasal referral ni pun menarik, you can set you dapat berapa %, orang yang guna your referral dapat berapa %.

Yang referral ni I buat I dapat 10%, you dapat 10%
Boleh je nak set 20% : 0% or 15% : 5% up to you

Ni beza trading fee on Binance and Luno

On Binance/Luno ni shariah compliant ke tak, ada unsur riba ke tak dan sebagainya, I honestly have no idea, maaf belum cukup ilmu pasal ni, tak boleh nak cakap.

Tak jumpa lagi resource/reference yang legit.
If you have, please add below

Last disclaimer:
Not a Financial Advise,
Only Invest in what you can lose,
Binance CAN change its features within a day,
This is just an opinion, not a fact,
I could be right, I could be wrong
Please Do Your Own Research (DYOR),