Binance is one of the world's most famous cryptocurrency exchanges. Due to its high security, fast transaction speed, and support for multiple cryptocurrency transactions, it has become one of the first choices for cryptocurrency enthusiasts.
However, for newcomers, completing transactions on Binance is still a big problem. Below, we will analyze in detail how to trade Bitcoin on Binance from multiple angles.
Binance download registration address: https://www.binance.com/zh-CN/join?ref=565010509
What is Binance? Binance is a world-renowned cryptocurrency exchange. Founded in 2017, it is headquartered in Malta. Binance offers trading pairs for more than 100 cryptocurrencies and supports a variety of trading types. At the same time, Binance also provides professional trading tools and security measures, which have attracted the attention of a large number of cryptocurrency enthusiasts.
What is the official website of Binance Exchange? Visiting the official website of Binance Exchange is the first step to trade with Binance Exchange. The official website of Binance Exchange is: binance.
Steps to trade Bitcoin on Binance Exchange:
Step 1: Register and log in to a Binance exchange account Before trading on the Binance exchange, you need to register and log in to a Binance exchange account.
Go to the Binance exchange official website, click the "Register" button in the upper right corner, enter your email address and password, and then click the "Register" button. If you have already registered a Binance exchange account, you can directly click the "Login" button in the upper right corner, enter your email address and password, and then log in.
Step 2: Complete KYC certification Completing KYC certification is a prerequisite for trading on Binance Exchange. KYC certification refers to the mobile phone number authentication and identity authentication required.
Click on the avatar in the upper right corner, select "Identity Verification", and then upload your ID and personal photo as required. Wait for the review of Binance Exchange, and you can trade after the review is passed.
Step 3: Deposit Bitcoin To trade Bitcoin on Binance, you need to deposit Bitcoin into your Binance account first.
Click "Wallet" in the upper right corner, select "Deposit", and then select "Bitcoin (BTC)" to top up. Binance will provide you with a Bitcoin wallet address. You need to send your Bitcoin to this address and wait for Binance to confirm. After confirmation, you can trade.
Step 4: Buy Bitcoin After depositing Bitcoin, you can buy Bitcoin on the Binance exchange.
Click the "Trade" button in the middle of the interface, select "Bitcoin (BTC)", then select the quantity and price you want to buy. After confirming the transaction, the system will transfer the Bitcoin to your Binance exchange account and you can trade.
Step 5: Sell Bitcoin If you want to sell Bitcoin, you can also do it on Binance exchange.
Click the "Trade" button in the middle of the interface, select "Bitcoin (BTC)", then select the quantity and price you want to sell. After confirming the transaction, the system will transfer the Bitcoin to the buyer's account and the corresponding fiat currency will be credited to your Binance exchange account.
Conclusion: Binance is one of the world’s famous cryptocurrency exchanges that can provide safe and fast trading services, attracting the attention of a large number of cryptocurrency enthusiasts.
To trade Bitcoin on Binance, you need to first register and log in to a Binance account, complete KYC verification, deposit Bitcoin, and buy or sell Bitcoin.
I hope this article will be helpful for novice users of Binance Exchange.