Thank you what's up mahaka investor Welcome to our how to trade crypto boot camp so I'm kahane one of the mentors or Educators here in this new course from investagrams and chamber this week so we'll be tackling the basics first for the week is an introduction to cryptocurrencies and for today's videoWe'll be talking about how you can create your centralized exchange account so agenda Nathan will be what is a centralized Exchange how you can create your account and what it would look like or how you can navigate through your account so what is a centralized Exchange in a nutshell a centralized exchange isA platform where you can buy or sell crypto using other crypto or Fiat so as a Trader or investor who wants to get into the crypto markets foreign why because this is where you'll be exchanging your dollars your pesos or whatever currency you have into crypto like Bitcoin usdt uh busd and othersCryptocurrencies and of course when choosing a platform you need to consider which one's the best for you so personally uh us mentors or us Educators here at investor University usually use binance and most of our samples will be using binance as a platform use given that it's reality it's relatively easy to useAnd feast it is a platform so if you want to create your own account your own balance account we'll be sharing the link in the comments registered and if you follow the link that we sent so much signup page for binance so you just sign up with the phone or anEmail uh it's up to you what uh which one you want to use uh for me I'll use an email for this example so15 at yahoo.com then of course a password uh make sure that the password is something you'll remember and of course something strong enough all right soAnd yeah so of course you check the boxes the boxes that apply to you so there's a terms of service and the privacy policy and of course main marketing updates from binance if you want to receive them or not so for me I'll just leave it blankThen create a personal account so it will send an email uh to your well your email account and then now uh email address at all so I'll just input my verification code and email verified and ion uh it's that easy to make an account uh you also need to verify your yourAccount which is which involves a little bit of well a little bit more steps so here you'll be asked something residency is a government issued ID so basically uh either a driver's license a passport or whatever uh you're gonna use it so you're gonna input your detailsAnd of course I won't be inputting mine for my own security since of course he released in the public but then basically just input all of the info that you have on your IDs and then uh you're gonna be asked to take a selfie with your ID you're really the person you're claimingTo be so in selfie can be done with a webcam or veterans a binance apps so after all of those I'll show you what the binance platform looks like all right so let me just show you what you'll be seeing it's a platform s platform uh when you first log inWallet or review more how much DTC and Fiat money you have and then of course since centralized Exchange this is where you can buy BTC fusct for your money for your uh paper money so when I become options uh when doing transactions so you can do P2P tradingWhich for me is really hassle free you just basically look for a seller of the coin you want and then mode of payment that you prefer so sorry you can use gcash you can use BPI video Whatever Traditional Bank you have and then initially in transactions itFinishes at around in around like five minutes or so uh but of course among instant alaga you can buy crypto directly from binance so you can use your credit or debit card to buy cryptocurrencies from binance and of course options to buy crypto here in this platformSo aside from buying crypto so they also have a markets tab and basically on crypto market so now uh cryptocurrencies and how they performed as well as gong liquid basala or rather adding each random volume for the past so until this or so and so hours and then of course trading platform soWe can trade here and just to show you just to show you what it looks like so this is what the spot Trading uh platform looks like here in binance so at first glance but then really Madeline you just imagine er sorry it just really functions similar to how our traditional brokersWork so sample is let's say esdt so input impressed for your order and then the amount you want so of course uh sample and contradato you wouldn't want to buy like I don't know at the price of 100 usdt for 10 BTC but sample launcher so priceAmount then you just buy it or of course you can choose to short sell here since Short Selling is allowed in the crypto in the crypto Market so just input your orders and executive and of course open orders so trade history and yeah so that's pretty much it for a spotUh for margin it's the same page actually so with margin you just need to answer a quiz just to make sure that you're someone who's eligible for leverage since not everyone can handle the increased riska and then basically you can start using Leverage so that's pretty much it forUh spot trading in binance and then derivatives so if the content is a leverage available available with spot trading so we can move on towards derivatives so it's a derivatives advantage to with trading derivatives is that malaking leveraged Ito so it reaches all the way up to 50 times 100 timesSocial media sometimes it's because uh derivatives 20 times or 50 times now leverage for their trades so ayun uh again this is for Traders who are more advanced who already have solid risk management protocols so much so that they can uh they can just tank through the increased risks in the derivatives MarketSo that's for the derivatives Tab and then also have uh earning sorry they also have earning features for you so what I mean by this is they make it easier for us to stake our crypto or to access liquidity pools so in a nutshell and uh just yeah is thatWe can earn a passive income through cryptocurrencies and then Finance so fun fact you can get loans and you can get crypto assets as you loan Mo so and then nfts uh institutional so that's pretty much it for what's inside the balance platform so that's it for today's lessonHopefully you guys learned a lot and for those who are just tuning in to our crypto trading boot camp for the first time and would like to enroll here's three easy steps so you can enroll for free step one is to create an investagrams account you will need anAccount on investor to access the quizzes and our exclusive group step number two is to join our exclusive investor group on the platform this is a place where you can ask questions directly to our Educators and receive instructions for quizzes and activities step number three subscribe to ourYouTube channel and follow our official Facebook page all recorded videos of our lessons and important announcements will be 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