Started trading 3 months ago. Lost money on these 3:
1. Using 20x leverage with $10. Got liquidated in 2 hours. 2. Sending crypto to “airdrop” links on Telegram. Scam. 3. Not setting stop loss. Held a coin down 70%.
New to Binance P2P? Here’s how it works in Uganda:
1. Buy USDT with MoMo/Airtel via P2P. No bank needed. 2. Check seller rating + 100+ trades. Avoid new accounts. 3. Rates change with USD/UGX. Today it’s ∼ 3850. Check before you buy. 4. Always use Binance chat. Never move to WhatsApp.