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Author Topic: USE BINANCE Trading  (Read 205 times)
israt1@ (OP)
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March 03, 2021, 09:09:27 PM
 #1

                   https://www.binance.com/en

In binance trading, you will first login to it. It will be easy to use. You can deposit  buy, sell,withdraw easily.
                    
                   Deposit

You will see the first wallet option. You can then see the deposit option by clicking here. You will now choose which token to deposit and copy the wallet link and deposit.
                       
                    Buy

To buy any token you have to choose the market option. Now you have to search the token you want to buy from the purchase option. When you have buy the token, you can see the value of the token.

                      Sell

The token you want to sell needs to be searched by clicking on Market Options. Here you can sell from the sell option.
                      
                  Withdraw

You have to click on your own wallet and press to withdraw. Then you can withdraw any token and specify its amount. Now you can leave it with the link of your own wallet.
This way you can use binance very easily.

Thanks

Cherylstar86
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March 03, 2021, 09:50:53 PM
 #2

                  https://www.binance.com/en

In binance trading, you will first login to it. It will be easy to use. You can deposit  buy, sell,withdraw easily.
                    
                   Deposit

You will see the first wallet option. You can then see the deposit option by clicking here. You will now choose which token to deposit and copy the wallet link and deposit.
                       
                    Buy

To buy any token you have to choose the market option. Now you have to search the token you want to buy from the purchase option. When you have buy the token, you can see the value of the token.

                      Sell

The token you want to sell needs to be searched by clicking on Market Options. Here you can sell from the sell option.
                      
                  Withdraw

You have to click on your own wallet and press to withdraw. Then you can withdraw any token and specify its amount. Now you can leave it with the link of your own wallet.
This way you can use binance very easily.

Thanks

Indeed, using binance has no hassle when doing specific transactions that you wanted to do. Most importantly you need to verify your mobile number also so that you won't have a future problems when there's a possible maintenance or whatsoever changes on their side of profile updates. KYC isn't that significant with binance, but it's good to have assurance before it's too late.
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March 04, 2021, 12:21:57 AM
Last edit: March 05, 2021, 05:39:53 AM by maxreish
 #3

Ive been using Binance for a long time and I can say that it is one of the best exchange that I've used so far. And adding binance leverage trading is one of the great feature they have been added as I am margin trader in the other exchange. With many coins available to trade and easy to use with of course reasonable fees, it was my first choice to use Binance.
 
 If you've also heard about  that trading competition on their exchange that offered ONT rewards and it was just a cool idea to attract more traders. Also, you can actually do some btc transactions even without KYC or even with unverified account.
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March 04, 2021, 03:38:17 AM
 #4

The best way to learn before you use Binance for trading is going to Binance Academy. Click on the Topics tab and choose Trading to be directed to: https://academy.binance.com/en/articles?page=1&tags=trading

Read their articles on Tutorial: https://academy.binance.com/en/articles?page=1&tags=tutorials
or on Binance: https://academy.binance.com/en/articles?page=1&tags=binance

Those pages and articles can help you learn basics on Binance. If you need more, you can read more articles on other group with the filter.

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March 04, 2021, 04:38:35 AM
 #5

Binance is one of the exchanges that are the top choice of crypto traders nowtoday, data from CMC is sufficient to describe how Binance is used by many traders.
https://coinmarketcap.com/rankings/exchanges/
I have been using Binance for a long time but unfortunately at the moment, I cannot access it due to policies from my government, unless using VPN.

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israt1@ (OP)
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March 04, 2021, 08:00:04 AM
 #6

Binance is one of the exchanges that are the top choice of crypto traders nowtoday, data from CMC is sufficient to describe how Binance is used by many traders.
https://coinmarketcap.com/rankings/exchanges/
I have been using Binance for a long time but unfortunately at the moment, I cannot access it due to policies from my government, unless using VPN.

Where are you from??no vpn useing and use Binance simply

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March 04, 2021, 10:04:25 AM
 #7

All Traders always use Binance crypto currency exchange and Everybody know about this exchange. When i was new on crypto world then i heard about Binance exchange.             
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March 04, 2021, 10:22:24 AM
 #8

All Traders always use Binance crypto currency exchange and Everybody know about this exchange. When i was new on crypto world then i heard about Binance exchange.              
I'd say most but not all, well, it's newbie friendly that's why this is the widely used exchange and that is why it's well-known. Well, the referral system was good too so people flock in this exchange, not to mention the promotions.
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March 04, 2021, 10:34:25 AM
 #9

All Traders always use Binance crypto currency exchange and Everybody know about this exchange. When i was new on crypto world then i heard about Binance exchange.             
I'd say most but not all, well, it's newbie friendly that's why this is the widely used exchange that is why it's well-known. Well, the referral system was good too.

Yes, don't say all. Because when I was still new here, I had no opportunity to use Binance but I used medium exchanges where I can trade my tokens or coins with. Because you will find out soon that not all alts especially small projects are not listed in Binance. So you have no choice but use the exchange where your coins are listed with. And unfortunately, not all projects can go thru Binance's requirements. But definitely, I will vouch for Binance if you are trading with popular coins, they have very good liquidity and your coins are safe in their platform.
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March 04, 2021, 11:08:30 AM
 #10

I don't think there was any need for this topic since almost all crypto traders know about binance already, and if they're still using another exchange it could be either they don't like the exchange based on their personal opinion or they just see there are better trading opportunities on other trading platforms/exchanges.

Where are you from??no vpn useing and use Binance simply

People from US have to use vpn to access international Binance website at Binance.com, or they should use the US version of their exchange at Binance.us which does not have as many tokens/coins available fro trading.

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March 04, 2021, 11:24:02 AM
 #11

All Traders always use Binance crypto currency exchange and Everybody know about this exchange. When i was new on crypto world then i heard about Binance exchange.             
Not all traders but many of us prefer to trade in Binance because it's proven to be a good and reliable exchange. When I was a newbie, there's no Binance yet and the most popular before was bittrex and cex.
But this time, we're telling every newbie to trade in Binance because of its reliability and customer support is very good and approachable for which is favorable for new users.

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March 04, 2021, 12:33:38 PM
 #12

                  https://www.binance.com/en

In binance trading, you will first login to it. It will be easy to use. You can deposit  buy, sell,withdraw easily.
                    
                   Deposit

You will see the first wallet option. You can then see the deposit option by clicking here. You will now choose which token to deposit and copy the wallet link and deposit.
                       
                    Buy

To buy any token you have to choose the market option. Now you have to search the token you want to buy from the purchase option. When you have buy the token, you can see the value of the token.

                      Sell

The token you want to sell needs to be searched by clicking on Market Options. Here you can sell from the sell option.
                      
                  Withdraw

You have to click on your own wallet and press to withdraw. Then you can withdraw any token and specify its amount. Now you can leave it with the link of your own wallet.
This way you can use binance very easily.

Thanks

You have stated right and guided how to use the binance platform for trdes; but you did not mention account security so i will reference that. Always make sure to use a unique password and email to sign up exchange platforms (can be binance or others). Then ensure ensure to enable 2FA security such as your phone sms and GA Authenticator.

Finally, if you use web browser; ensure to bookmark the exchange websites on your browser

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March 04, 2021, 01:30:23 PM
 #13

Yes, don't say all. Because when I was still new here, I had no opportunity to use Binance but I used medium exchanges where I can trade my tokens or coins with. Because you will find out soon that not all alts especially small projects are not listed in Binance. So you have no choice but use the exchange where your coins are listed with. And unfortunately, not all projects can go thru Binance's requirements. But definitely, I will vouch for Binance if you are trading with popular coins, they have very good liquidity and your coins are safe in their platform.
To be honest I don't start with Binance but I was introduced into Poloniex and Bittrex this are the newbie friendly and trusted site way back 2017 when was still new and just developing their reputation. Well, these days the most asked in Telegram when a project bus still new that would be "when Binance?" I sometimes feel was Binance that kind of saint of exchanges?

It's funny to think but more people are flocking into Binance these days, well, as you say it's where liquidity lies within and that's the pure reason.
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March 04, 2021, 02:14:27 PM
 #14

Binance features is also like with other crypto exchange but the difference is Binance is the best among all those exchanger. The best to use with low transaction fee if you are going to withdraw your funds. Binance is very convenient to use and a user friendly exchange. Unfortunately, not all the tokens that you have is listed in Binance, so, you don't other choice but to use other crypto exchange where your tokens are listed. If you just trade with Bitcoin and Ethereum, then, the best trading platform to be use id Binance.

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March 04, 2021, 05:47:18 PM
 #15

All Traders always use Binance crypto currency exchange and Everybody know about this exchange. When i was new on crypto world then i heard about Binance exchange.              
I'd say most but not all, well, it's newbie friendly that's why this is the widely used exchange and that is why it's well-known. Well, the referral system was good too so people flock in this exchange, not to mention the promotions.
There are many things that like the Binance exchange, a lot of things are happening there, I am sure that most of the investors are also there with a lot of promotions that are being done, that's why everyone is intensively sharing the referrals, especially with the launchpad that will be launched that's what many are on. Bondong I think this exchange is unifying above the other exchanges.

Binance has many partners with other big crypto projects people can also point of view from this and the almost hype tokens created here means the influence on the coins that are there is too big.

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March 04, 2021, 09:53:30 PM
 #16

Have been into cryptocurrency for so many years now have tried different exchange but I believe one of the best exchange is binance, it is very easy to use binance is just having a unique future which you can't just compare to other exchange. Binance is very easy to use your withdrawal and deposition is very easy, your funds are secure there and you don't have to be scare that you will lose your funds there, you can easily withdraw to your local account without stress, must of the coins in binance are very good project and you won't find any shit coin on binance. There are lot's of reasons why I really like binance.

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shushu9977
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March 05, 2021, 05:08:21 AM
 #17

Binance is the top-rated exchange which is very popular and worldly well known exchange. I also used this exchange which is also good for trading. Yes, it is used to deposit, buy, sell and withdraw system which is very easy.

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tygeade
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March 06, 2021, 07:08:05 AM
 #18

Those are the basics and I think anyone who has traded in the past knows the basic options and their use. Binance has an easy to understand layout which actually makes it easy to understand for a new trader.

If you've also heard about  that trading competition on their exchange that offered ONT rewards and it was just a cool idea to attract more traders. Also, you can actually do some btc transactions even without KYC or even with unverified account.
Yes, that's right, you can withdraw up to 2 BTC without any hassle if you are unverified, and given the current price of Bitcoin, I don't think many users would withdraw more than 2 BTC anyways. But that is given you are not involved in any shady practices otherwise they might freeze your account and ask questions or even KYC before you are allowed to withdraw or trade.

For someone who is a clean trader should not have problems providing KYC either and such users aren't asked many questions. People indulged in money laundering or similar kind of things are more prone to these kind of things.

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March 06, 2021, 09:35:38 AM
 #19

its as simple as it is. binance UI is very straightforward and easy. anyone finding it difficult can simply watch videos on youtube to get more familiar as pictures makes things more clearer than ordinary words. new members should try to verify their accounts , its a easy step to have more access other functionalities on the exchange
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