Binance CEO Richard Teng recently talked about how to start using cryptocurrencies and gave advice to people who are new to the space.
First, Teng emphasized how important it was to understand the basics of blockchain and crypto, telling possible investors to learn a lot.
Research And Binance Investment
The second thing he stressed was doing a lot of study. He told them to look into blockchain networks, protocols, and projects, with the main idea being “Do Your Own Research.”
Lastly, Teng said to start with small investments on trustworthy platforms and to gradually become more involved and improve your plan.
Despite his position, Teng made it clear that his advice is not financial, but rather based on his years of experience.
Teng recently said that he was the most optimistic person in the market, citing the fact that the number of real stores accepting Bitcoin as proof.