How to Start Crypto Trading on Binance (Beginner Guide 2025)
If you’re new to crypto and want to start trading on Binance, you’re in the right place. Binance is one of the world’s largest crypto exchanges, known for its security, low fees, and beginner-friendly interface. This guide explains exactly how to start crypto trading on Binance, how much money you need, and whether it’s legal in Pakistan — plus tips for trading with as little as $1 or 100 rupees.
How to Start Trading on Binance for Beginners
Starting on Binance is simple if you follow these steps:
1. Create a Binance Account
Visit the official Binance website and sign up using your email or mobile number.
2. Complete KYC Verification
Upload your ID card, passport, or driving license. Verification is required for deposits and withdrawals.
3. Deposit Funds
You can add money using:
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Bank transfer
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Debit/credit card
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P2P trading (available in Pakistan)
4. Choose a Trading Option
For beginners, Binance recommends:
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Spot Trading (most simple)
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Convert Feature (one-click swap)
Avoid futures trading as a beginner because it is high-risk.
5. Buy Your First Crypto
Search for a coin (e.g., BTC, ETH, USDT) and choose:
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Buy
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Select amount
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Confirm purchase
That’s it — you’ve started trading on Binance.
How Much Do I Need to Start Trading on Binance?
You can start with any amount, even less than $10.
Minimums vary by coin, but generally:
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Some coins allow trading with $1 to $5
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Using the Convert option allows even smaller amounts
You don’t need a big budget — consistency matters more than capital.
Can I Invest 100 Rupees in Binance?
Yes, you can invest around 100 PKR (roughly $0.35) using P2P, but you must buy the minimum amount allowed by the seller.
However, Binance trading pairs usually require a minimum of $1–$5, so practically:
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You can deposit 100 PKR
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But you’ll need at least $1 (approx. 280 PKR) to start trading properly
Still, Binance is beginner-friendly even with very small investments.
How to Trade on Binance With 1 Dollar
Yes — trading with $1 is possible using the Convert feature.
Here’s how:
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Go to Trade
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Click Convert
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Choose “From: USDT → To: Any Coin”
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Enter $1
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Confirm the conversion
This option is perfect for new traders who want to experiment with tiny amounts.
Is Binance Legal in Pakistan?
Currently:
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Binance is not officially banned in Pakistan.
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It is also not officially approved by the government.
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Users in Pakistan commonly trade using Binance P2P safely.
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You can use Binance, but trade at your own risk since crypto regulations in Pakistan are still evolving.
Always stay updated on the latest SECP and SBP guidelines.
Which Coin Is Best for Beginners in Binance?
If you’re a beginner, stick to well-known, stable, and popular cryptocurrencies:
Best Coins for Beginners
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Bitcoin (BTC)
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Ethereum (ETH)
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BNB
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Solana (SOL)
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USDT (stablecoin for holding and trading)
Avoid new meme coins or volatile tokens when starting out.
How Do Beginners Learn Crypto Trading?
If you’re new to trading, follow this learning roadmap:
1. Learn the Basics
Understand:
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Spot trading
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Market orders
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Limit orders
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Stop loss
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Crypto wallets
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Blockchain basics
2. Start With Small Amounts
Trade with $1–$5 to understand the market without risking real money.
3. Use Binance Academy (Free)
Binance Academy offers free, beginner-friendly education.
4. Follow Market Trends
Use tools like:
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CoinMarketCap
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Binance charts
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Social media updates (from verified traders)
5. Avoid Emotional Trading
Trade logically, not emotionally.
How to Trade Crypto on Binance for Beginners (Step-By-Step)
Here’s a simple beginner-friendly trading method:
Step 1: Deposit USDT via P2P
USDT is the most commonly used stablecoin.
Step 2: Select a Coin (e.g., BTC)
Go to Spot Market.
Step 3: Choose Buy Order Type
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Market Order = instant purchase
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Limit Order = buy at your selected price
Step 4: Monitor Price Movement
Check support/resistance levels.
Step 5: Sell for Profit
When price goes up, sell back to USDT.
Repeat and grow steadily.
Final Thoughts
Trading on Binance is simple, safe, and beginner-friendly if you follow the correct steps. You can start with as little as $1, practice trading with small amounts, and gradually learn market behavior. Always focus on education, risk management, and long-term learning.