Question from user @MSM
Asalamualaikum my brothers and sisters. My name is Mamsait and im a first year international university student in Dubai originally from the Gambia. Ive recently gained an intrest for binance trading as being involved in it would help me be financially independent and, lift some burdens of my parents back since im not allowed to work in Dubai which means ill have to be dependent on my parents for all my needs. As a muslim i wouldnt want to deal with any sort of haram income and ive already made up my mind on learning and trading in binance. So i would like to ask for any suggestions on where i could pay and learn halal binance trading online as a complete newbie.
Walaikum Salam, There is an article you may wat to read about the basics on binance at https://cryptoummah.com/is-binance-halal/ There are so many resources online that you can learn trading for free, on youtube for example look for a channel called Urbanforex, the guy explains really simply how to read charts. His focus is on foreign exchange but the same rules apply when reading any chart.
It takes a long time to learn, like months or even years and the best way to learn is just practice, either with a test account which a lot of exchanges offer, sometimes referred to as “paper” or fake/ fictional money so you dont make or lose anything, just learn from pretend trading.
Another alternative is investing in an index. For crypto specifically we are in the process of launching a shariah compliant crypto index, where we manage the index and you simply allocate the amount you want to invest every month. You can join the group at https://cryptoummah.com/groups/shariah-compliant-cryptocurrency-index/
