Binance Lite offers a user-friendly platform for beginners to buy, sell, and convert cryptocurrencies without any complexity.
Here's a trading guide to buy, sell and convert on Binance Lite:
Before starting make sure to switch "Lite Mode", To switch Click the profile icon located on the top left corner of the Binance App home screen and Tap the “Lite” switch and you’re done.
⭐ Buy Crypto with Fiat:
Go to Trade: Tap "Trade" (central yellow button), You might see a dedicated "Buy" button. Tap on it to initiate the sell order.
Select Crypto: Pick the cryptocurrency you want to purchase.
Pay & Confirm: Enter amount (by crypto quantity or by fiat amount), choose your preferred payment method (e.g., debit card, bank transfer - options vary), confirm & buy.
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⭐ Sell Crypto for Fiat:
Go to Trade: Tap "Trade" (central yellow button), You might see a dedicated "Sell" button. Tap on it to initiate the sell order.
Select Crypto: Pick the cryptocurrency you want to sell.
Sell & Confirm: Enter amount (by crypto quantity or by fiat amount) and choose your preferred receiving payment method (e.g., debit card, bank transfer - options vary), Tap "Sell" to complete the sale (receives fiat directly to your preferred method).
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⭐ Swap Crypto with Convert:
Find Convert: Tap "Trade" (central yellow button), You might see a dedicated "Convert" button. Tap on it to initiate the conversion process.
Pick Cryptos: Choose the crypto you have (source) and the one you want (destination) from the lists.
Preview & Confirm: Enter the amount of your source cryptocurrency you want to swap, then review the details including source, destination, amount, and rate, and finally tap "Confirm" to execute the swap.