Hello to the guys of Soroush School I am back with another money-making video Welcome to Soroush School digital currency trading training course This course is from zero to hundred, that is, from beginner to advanced For those who want to enter this market and learn the price action and make money from this market I am Soroush Osivand, the founder of Soroush Company It is an active company in the field of technology cryptocurrency blockchain and artificial intelligence in the UAE And the founder of the startup Soroush School, an online trading, blockchain and cryptocurrency school that teaches hundreds of thousands of people to learn how to trade. This course is made for all the people who ask us daily… They say we want to start from scratch, but we don't know anything about this market But we hear that our friends, colleagues, and family are making money from this market Their lives have improved, they bought a car, they bought a house, and when we ask them what they do, they say, "I'm working in cryptocurrency, I'm working in trading." And we want to start So if you want to start, be sure to stay with me until the end of this course And the only cost you pay for this course is your support
It means like, share and comment Because this course is completely free and it is interesting to know that many people have the same course and sell it at very high prices: 350 $, 500 $, 700 $ or maybe even more. But since I am an entrepreneur in the field of e-commerce
I was in the field of communication and technology from a young age that’s why I believe that in the modern age in the modern society in the age of technology Everyone should have free access to information and no one should have to pay for education these days So stay with me until the end of this course And try to motivate us with your support to continue with strength In this section you will learn how to create an account Get to know the KuCoin platform And learn the basic principles of creating an account and changing your money, transferring your money And trade in Kocoin spot Now what is spot or what are these terms?
You will learn all of these Only if you are a professional hold on with us until the next episodes, please because, if we are telling this stuff because this is for people who applied and don't know anything about trading. We try to teach them these principles very briefly and quickly and actually onboard them so that they can prepare to go to the next parts. Let's see the first episodes together Well, guys, after downloading the KuCoin app, Download it from the App Store or Google Play and make sure you get the original version. Of course, I haven't seen the fake version yet, but make sure it's the original version, it has several million downloads So, when you download it, this is the main page of the application, here, we click on the user icon, click login, and here you register because you do not have an account. You register with an email and password and in the referral code section Enter our referral code
Because KuCoin is an exchange whose fees are significant And every time you buy and sell, the fee will be reduced from you, and you may never notice it If you click our referral code, you will get a 40% discount on fees And you help our community to become stronger in KuCoin Well, I enter my email and password and log in Well, I'll paste the referral code here
You can type it rJ8PMPF Pay attention to small and capital letters I click credit account and wait for this puzzle to come I complete this puzzle I will enter the code sent to my email here so that my email is confirmed and my registration is complete. Well guys, my registration in KuCoin is done The first security point, try not to activate Touch ID and Face ID in your financial applications, exchange, and wallets because of security issues. So I choose Maybe Later I close this too Here I enter the menu and go to the security section
And the first step is to enable Google Verification It causes a withdrawal from my account at any time The Google code must be required and this increases the security of the account, I click send Another email verification code will be emailed to me Here it says to go and download the google authenticator application, which is in the App Store and Google Play Store, and you can download it on Android and iOS. If you download it, choose this option. If you don't download it, here is the download link Because I have it installed, I choose this option It will give you a code or a private key, this private key is very important, you have to add it to your google authenticator Anyone who has the private key can actually install the google authenticator app and add this private key to it and have access to your KuCoin account, that is, to your KuCoin’s google verification. So please be careful We copy this, click next And inside google authenticator, we click on + here, we click Enter a setup key, I enter my account name Because I may have several accounts, I write in parentheses which one is my account Then I will paste that private key
came here, and I enter this code This code changes every 30 seconds Well, my Google has changed, that is, it has been activated, and now the security of my account is almost OK
And I also have to do one more thing In fact, I must enable Trading Password inside KuCoin From here we check and enter the code Well, here it says to give a password for trading that should be numeric I give a six digit password And, activated Be careful, the password training is very important, check the password so that you don't forget it My account has been created and its security is OK and ready. The first thing you should know about KuCoin is that KuCoin serves Iranians indirectly, which means it has no problem with Iranians and it has no problem with Iran's IP either. According to their slogan
They say, "We are an exchange for people and we have no problems." It is not like Binance that has binance US in America or has an office there that wants to ban Iranians due to sanctions. Or like SafePal or Coinlocally or other apps serve through interface applications, KuCoin is not like this. KuCoin's policies are different, it is working and saying globally
"Currently, we have no problem with the Iranians" One day, if it wants to stop serving Iranians according to the new rules and conditions, it will announce "take your money from our exchange" That is, it is not like the exchange takes people's money. An exchange with more than 10 million to 15 million users and so many credits will not do such a thing. But in the end, nothing is 100% So you should always be aware of these issues But in general, KuCoin has no problem with Iranians, and because I have the KuCoin Gold Card And we are among the old partners of KuCoin So, you can easily trade in KuCoin for now, and you will have no problem Let's go to the trade section See, this spot trading platform is called "peer to peer". It means that buyers and sellers are doing business with each other here We have an order book section where these red colors are sales orders, and the green ones are purchase orders The middle is the mark price, which means the last transaction price between buyers and sellers As you can see, they are making a deal with each other momentarily This part is the currencies that I have a Favorite list that I haven't favorited anything for now I have a USDT pair, for example, I can trade different currencies with the USDT pair, that means I must have Tether with which I can buy ETH/USDT, for example. Or I can trade with the BTC pair, the same 'ETH/BTC' that is here, I can trade, but our signals are mostly with USDT. Now why don't you trade BTC
Or what are the advantages and disadvantages Don't get into this right now I can search any currency I want, for example, ADA here And if I choose it here, you can see that the price is 52 cents, I can place a purchase order here This is the part of the order panel, this is the part of the order book, and this is the part of the orders Well, I have a buy and sell in the order panel, which is very simple and clear A limit, market and order type Limit means that I limit my order to the price I want, for example, when ADA reached 50 cents, now it is 52 cents, if it becomes cheaper and reaches 50 cents, buy for me And how many to buy? And… Well, I can't buy right now because I don't have Tether, I have to buy first. This was a limit order The market order is for when you want your purchase or sale to be done as quickly as possible. Market mode buys or sells for you at whatever price "Mark Price" has now And stop limit and stop market that you don't need right now And let's go to the next step This is the Order History, there is no order in my history at the moment Open Orders, Stop Orders and Order History I haven't made any trades yet That's all you need to know about Spot platform And there is a part of the chart where you can see the chart, for example, the 15-minute chart, you can see the changes, for example, you can see the 60-minute chart, or you can see the 4-hour chart. I click Back, another point, here you can favorite a currency, for example, this ADA In this case, ADA is included in my favorites We need money to be able to trade here, we need Tether, which we don't currently have So let's go to Assets In the Assets section We have a Main Assets that is a wallet, we have a Trading Assets that if you want to trade, you must put your Tether and the currencies you have into Trading so that you can trade on the spot. We have a Futures that we will explain in future episodes, we have nothing to do with it at the moment, also Margin and Finance. Trading Assets, which is connected to this trade and brings my assets here And the currencies that I buy and sell are stored in the Trading Assets section A series of currencies that I want to hold and keep long-term and do not trade with them, only in my wallet, I can keep them in Main Assets We have a Withdraw and Deposit Well, I want to deposit Tether to my account now so that I can trade with it I go to the Deposit section and search USDT here or it is here in the Hot section (the ones that are most used). For example, I choose Tether
Important security point Both transfer and currency networks must be the same, that is, if I am going to give this address of my wallet to an money-changer or want to transfer Tether from another wallet, it must be the same network, which means that I cannot use the ERC20 network after I will move Tether on the other side under the TRC20 network Otherwise, my money will practically disappear
Pay attention to this point, please So I choose TRC20 because the fee is very low, it usually starts with a big T and here it says TRC20. This is my wallet address under the Tron or TRC20 network So make sure that the network is the same and the currency address is the same That means, for example, be careful not to put bitcoins in this wallet address by mistake Newbies may make this mistake This is the wallet address of Tether, it is like an account number We go to the next stage I will copy this address of my wallet here and go to my Tron link wallet where I have some Tron For example, I want to buy 100 Tether so that I can trade Well, guys, this is my link It is a wallet that is actually under the Tron network and can hold TRX, Tether, etc Now, your money may be in the exchange or in the Iranian exchange Or maybe you converted your Rial to Tether in the Iranian exchange and want to transfer to KuCoin from there So finally you want a wallet address and a network Well, I press send in Tether and paste the KuCoin wallet address here and press next amount of 100 dollars
Then I click send Here it gets a confirmation from me Here From, my wallet address And the To, check it first and last to make sure there is no mistake Well, I will confirm
I enter my password and the transfer is done Well, the transfer is being done
It may take a few minutes Well, its done Then you will see that 100 dollars is being confirmed here Well, guys, you can see that $100 has arrived, but it is here in my main wallet Still, if we go into the trading section, my available USDT is zero Well, now I can click on this arrow and go to the transfer section
And Then select the currency here, we can transfer USDT from Main Account to Trading Account or vice versa We choose 100 dollars or any amount we want, then I confirm Well, this comes to wallet trading and I can do buying and selling or any other transaction inside the spot The signals we give you have an entry point, for example, buy ADA at the current price of 0.5250. For example, 50% of my capital, which is equal to 50 dollars, which is 95 ADA I want to order at the same price Here it asks you for the Trading Password
I enter Trading Password And my order is this yellow icon
It will be filled It means that it is close to being filled now It is in open order, but it has not been filled yet
This order is called a limit order It means that I set a price, when it is matched with that price, it will be bought for me, that is, if there is a seller who sells to me at that price, my order will be filled, and in other words, the order will be completed. Well, you can see that it is not done yet
Currently, it has bought 10 ADAs out of the 95 it should have bought Why is it not done?
Because the price is rising That is, my purchase price was 0.5253, someone came and sold me 10 Priced at 0.5258
Other people didn't sell their ADAs So it is going higher
I want to buy faster I am going to cancel this and I will click the rest of my money, about 40 dollars, to the first seller, that is, the one who sells me cheaper, the price will be filled here and I will buy from him. You can see that my purchase was completed quickly and I now have 100 Cardanos If I want to sell it all right now The process of selling is the opposite of buying So, you learned how to buy, now I want to place a sell order, for example, I want to sell all of my Cardano or half of it, here, at this price. This sell order, the one with the yellow icon, is my order My order and the rest of the people who placed a sell order on this price My order was placed high because Cardano is going lower and my price is higher In general, you can buy and sell easily I am canceling my order now, I want to sell it quickly I select the order from the Market type, which sells all my ADAs quickly, I don't have to wait anymore You see it did the sale and it was 99.89 $, why?
Because it reduced the fee, which was a very small amount Because you came with our referral code, you get a fee discount But on high amounts, this amount per month and per week on your transactions is a significant amount that you can use this discount. Well, I tried to teach you how to buy and sell on the spot platform in a very simple and smooth way This was the order book, this was the ordering panel
You learned to buy and sell In the next part… We will learn futures, we will get to know the futures platform, which is a more risky trading platform And also in the next parts we will enter other levels of training Thank you for being with us If you liked this style of teaching and it was useful for you, tell me with your likes and comments Thank you for your good energy
Be profitable and successful Together, step by step, we advance this training to the price action and advanced stage And you will become a professional trader Good luck
Goodbye