If you’re new to cryptocurrency or a seasoned trader looking for a simpler way to buy, sell, or convert crypto, Binance Lite is the solution for you.
**Binance Lite Overview**
Binance Lite is a streamlined version of the Binance App that provides essential information without overwhelming details. It can be especially useful for users with low-quality internet connections or older devices. To access it, tap on the top left corner of your home screen, and you’ll see Binance Lite at the bottom.
**How Binance Lite Works**
When you open Binance Lite, you’ll find a list of cryptocurrencies on the home screen. You can sort these according to your preferences, such as market capitalization, price trends, or popularity.
To view the price trend of a specific coin, simply tap on it to see a simple candlestick chart. You can adjust the chart to display trends over various time periods. At the bottom of the page, you’ll find all the necessary information and news related to the selected cryptocurrency.
In addition to basic trading features, Binance Lite also offers various Binance Earn products to help you grow your cryptocurrency holdings.
**How to Buy Crypto Using Binance Lite**
**Step 1:**
Select the cryptocurrency you want to buy. For example, if you want to purchase BNB, click on it. You’ll see a simple BNB trend chart, the current price, and details about the coin. Click on the ‘BUY’ button in the bottom right corner.
**Step 2:**
Enter the amount you want to spend on BNB and tap ‘BUY’ again. Choose your payment method and confirm your selection.
**Step 3:**
Review your order details, including the amount of BNB you’ll receive. Follow the seller’s payment instructions, and after completing the payment, take a screenshot and tap on ‘Transferred, notify seller.’
**Step 4:**
Once completed, you’ll see the BNB in your portfolio. It’s that simple to buy cryptocurrency on Binance Lite!
**How to Sell Crypto Using Binance Lite**
**Step 1:**
Tap on the portfolio icon in the bottom right corner to view your assets. Select the asset you wish to sell.
**Step 2:**
A page will display your transaction history and balance for that cryptocurrency. Tap on ‘Sell’ at the top, enter the amount you want to sell, and tap ‘Sell’ again at the bottom.
**Step 3:**
Choose your preferred method for receiving your fiat currency, and you’re done! After receiving the payment, log back into your account to confirm it, then release the cryptocurrency to the buyer.
With these steps, trading on Binance Lite is hassle-free!
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