How to use Binance Exchange?
Binance is currently the world's largest digital currency exchange by trading volume, and it is relatively simple to use. This article will introduce how to trade, deposit and withdraw on Binance in a combination of pictures and texts.
First, you need a Binance account, which can be registered on the official website:
Binance Official Site
After registration, you need to perform security verification. Here is an example of a mobile phone:
Then you can start to perform various operations on Binance. Here are some basic steps and explanations:
1. Deposit: Deposit your Bitcoin or other cryptocurrencies to your Binance account.
Click "Funds", select the currency type you want to recharge in the drop-down menu, and then select "Deposit".
Next, enter the recharge amount and receiving address. After confirmation, your coins will be recharged to your Binance account.
If you don't have Bitcoin, you can buy Bitcoin on other exchanges first, and then recharge it to Binance.
2. Trading: Buy and sell digital currencies on Binance.
Click "Trade" and select the currency you want to trade in the drop-down menu.
Enter the trading interface to see the market conditions of various digital currencies and the highest and lowest prices that can be traded.
If you want to sell Bitcoin for US dollars, select "Coin-to-Coin Trading" - "BTC/USDT", then enter the number of Bitcoins you want to sell, and the system will automatically calculate a reasonable price for you. After confirming that it is correct, you can click "Buy" to complete the transaction.
3. Withdraw: Withdraw your coins from your Binance account to other exchanges or wallets.
Click "Funds" and select "Withdraw" in the drop-down menu.
Enter the withdrawal amount and withdrawal address, then select the currency you want to withdraw, submit the application after confirmation, and wait for Binance to review and approve it.
Withdrawal usually requires some handling fees, and the handling fees for different currencies are also different. The specific fees are subject to Binance.
The above are the basic operations on Binance, I hope it will be helpful to you.
