Soroush School Digital Currency Trading Course

Introduction

• Welcome back to Soroush School.
• Course covers digital currency trading from beginner to advanced level.
• Taught by Soroush Osivand, founder of Soroush Company (UAE).
• Aimed at those looking to enter cryptocurrency trading and learn price action.
• The course is free; only cost is support through likes, shares, and comments.

Course Objective

• Designed for individuals starting from scratch.
• Many are inspired by friends/family making money in cryptocurrency.
• Aim is to provide accessible education in trading and cryptocurrency.

Key Points About KuCoin

• Overview of the KuCoin platform:
  • Download from App Store or Google Play.
  • Registration process includes email and password, referral code for fee discount (40% off).
  • Importance of security settings on your account:
    • Avoid using Touch ID/Face ID for financial apps.
    • Enable Google Verification for enhanced security.
    • Create a Trading Password.
• KuCoin serves Iranian users without restrictions unlike other exchanges (e.g., Binance).

Trading on KuCoin

• Spot Trading Overview:
  • Peer-to-peer trading platform.
  • Order book includes:
    • Red: Sell orders.
    • Green: Buy orders.
    • Mark price: Last transaction price.
• Order Types:
  • Limit Order: Set specific price for buying/selling.
  • Market Order: Execute transaction at current market price.
• Assets and Transactions:
  • Main Assets vs Trading Assets.
  • Deposit and withdrawal process.
  • Importance of the correct network (e.g., TRC20 for Tether).

Making Transactions

• Process of depositing Tether (USDT) for trading:
  • Ensure network compatibility.
  • Transfer process from another wallet.
• Buying and Selling:
  • How to place buy orders (limit and market).
  • Monitor order status (open orders, filled orders).
  • Example of buying and selling Cardano (ADA).

Conclusion

• Next steps include learning about futures trading and advanced strategies.
• Encouragement to provide feedback via likes and comments.
• The goal is to become a professional trader step by step.

Final Thoughts

• Thank you for participation.
• Reminder to stay engaged and follow the course for further learning.