SignavaWhat crypto trading actually is
Crypto trading means buying and selling coins to profit from price changes over hours, days or weeks — as opposed to investing, where you buy and hold for years. Traders make many small decisions; investors make a few big ones. Both are valid; this guide is about trading.
Step 1: Choose an exchange
An exchange is where you buy and sell. The largest global ones are Binance, Bybit, OKX and Bitget. When choosing, look at:
- Availability in your country and how you can deposit money (bank, card or peer-to-peer).
- Fees — typically around 0.1% per trade on spot.
- Liquidity — big exchanges fill your orders at fair prices.
- Security record and proof-of-reserves.
Step 2: Secure your account
- Turn on two-factor authentication with an authenticator app, not SMS.
- Use a unique password you don't use anywhere else.
- Set an anti-phishing code so you can recognise genuine emails from the exchange.
- Never share your login, 2FA codes or seed phrase — no real support agent will ask for them.
Step 3: Add funds and buy USDT
Most trading pairs are priced in USDT, a stablecoin that tracks the US dollar. Deposit money, buy USDT, and you're ready to trade pairs like BTC/USDT or SOL/USDT.
Step 4: Plan your first trade before you place it
A trade has four parts. Decide all of them before buying:
| Part | Question it answers |
|---|---|
| Entry | At what price do I buy? |
| Stop loss | At what price am I wrong, and get out? |
| Take profit | Where do I sell for a gain? |
| Size | How much do I buy, so a stop-out costs only what I planned? |
This is exactly what a Signava signal gives you — the plan is done, you decide the size.
Step 5: Risk a small amount per trade
Professional traders usually risk around 1% of their account on a trade. Use our position size calculator to turn "I'll risk $10" into "I'll buy $230 of this coin".
The mistakes that cost beginners most
- Starting with leverage. Futures with 20x leverage can wipe an account in one move. Start on spot.
- No stop loss. Hoping a falling coin comes back is how small losses become large ones.
- Chasing pumps. Buying after a coin has already jumped 30% usually means buying from people taking profit.
- Trusting screenshots. Anyone can post winning trades. Look for a public record that includes losses — see how to spot fake signal groups.
- Trading too often. Fees and bad decisions add up. Fewer, better trades usually win.
Frequently asked questions
How much money do I need to start crypto trading?
Most exchanges let you start with $10 or less. Start small: your first months are for learning the process, not for making money.
Is crypto trading good for beginners?
It can be, if you start with spot (not leverage), always use a stop loss and risk only a small share of your account per trade. Most beginners lose money by skipping those three rules.
Can I trade crypto from my phone?
Yes. Every major exchange has a mobile app, and Signava sends its signals to your phone with the entry, stop loss and targets.
