The questions crypto beginners ask most
Clear answers to the questions newcomers care about — and the pitfalls they fall into. Can't find yours? Ask our AI assistant.
Buying & Funds
Can beginners make money buying Bitcoin?
Some make money, some lose money; there's no guarantee of profit. Bitcoi…
Can I buy Bitcoin with 100 yuan? What is the minimum amount to start?
Yes. Bitcoin can be divided into very small units. On major exchanges, y…
Is it too late to buy Bitcoin now?
No one can judge 'early or late'. Bitcoin can be bought anytime, even in…
How much money should I start with in crypto?
Only use spare money that you can afford to lose without affecting your …
Safety & Risk
What to do if I forget or lose my seed phrase?
If you lose the seed phrase of a self-custodial wallet, it is basically …
Is USDT a scam? Is it safe?
USDT is the largest and most widely used stablecoin by market cap, pegge…
How to tell if a coin is a scam/air coin?
Watch for these red flags: promises of guaranteed high returns, aggressi…
If I send a transfer to the wrong address or wrong network on-chain, can I get it back?
Blockchain transfers are irreversible; sending to the wrong address is a…
What to do with Binance Google Authenticator (2FA) after changing phones?
The key is not to reset/discard the old phone before migration. Before s…
What is the use of Binance verification codes? Are they mandatory?
Verification codes are security credentials to confirm that "the person …
Trading & Risk Control
What is the most common reason beginners lose money in crypto?
The most common reasons are: going all-in or borrowing money to invest, …
Can you make a lot of money in futures in a day? Can beginners trade futures?
Futures use leverage, which can theoretically amplify gains, but also am…
The coin I bought keeps dropping, should I cut my losses?
There is no standard answer. First ask yourself: why did you buy it in t…