mistake

#MistakesToLearnFrom #MistakesToAvoid #Mistake #WriteToEarnUpgrade #CreatorOfTheYear

Many beginners lose money on Binance not because the platform is unsafe, but because of simple, avoidable mistakes.
If you are new to crypto, understanding these errors early can save you from stress, losses, and scams.
Below are the 5 most common mistakes new Binance users make — and how to avoid them step by step.
1️⃣ Sending Crypto on the Wrong Network
❌ The mistake
New users often withdraw crypto without checking the network.
For example:
Sending USDT (ERC20) to a TRC20 address
Sending BNB to a non-BNB chain address
This can lead to permanent loss of funds.
✅ How to avoid it
Always match the network on both sending and receiving platforms
If unsure, send a small test amount first
Read Binance’s network warning carefully before confirming
📌 Rule: Same coin + same network = safe transfer
2️⃣ Clicking Fake Binance Links (Phishing)
❌ The mistake
Scammers create:
Fake Binance websites
Fake support chats
Fake emails claiming “account risk”
Many users unknowingly log in and lose access to their accounts.
✅ How to avoid it
Bookmark the official Binance website
Enable Anti-Phishing Code in security settings
Binance support never DMs first
📌 Rule: If someone pressures you urgently, it’s likely a scam.
3️⃣ Rushing Trades Without Understanding
❌ The mistake
Beginners jump into:
Futures trading
High leverage
Fast market orders
…without understanding how these tools work.
✅ How to avoid it
Start with Spot trading only
Learn using Binance Academy
Use small amounts while learning
📌 Rule: Learning first is always cheaper than losing money.
4️⃣ Ignoring Security Settings
❌ The mistake
Many users rely only on a password and skip:
2FA
Device management
Withdrawal whitelist
This makes accounts vulnerable.
✅ How to avoid it
Enable:
Google Authenticator (2FA)
Anti-Phishing Code
Withdrawal address whitelist
📌 Rule: Strong security = long-term peace of mind.
5️⃣ Trusting “Guaranteed Profit” Advice
❌ The mistake
New users follow:
Telegram signals
YouTube “guaranteed profit” videos
Random DMs promising returns
This usually leads to losses.
✅ How to avoid it
Avoid anything promising guaranteed returns
Focus on education, not shortcuts
Use official Binance resources only
📌 Rule: In crypto, there are no guarantees — only risk management.
Final Thoughts
Binance is a powerful platform, but like any tool, it must be used carefully and patiently.
Most beginner losses happen due to:
Lack of awareness
Rushing decisions
Ignoring security
Avoiding these 5 mistakes can make your crypto journey safer and more confident.

Thank you for reading.