Learn How to Trade with Binance Lite
Whether you're new to cryptocurrency or an experienced trader looking for a simpler way to trade, Binance Lite offers an easy-to-use version of the Binance App for buying, selling, and converting crypto.
What is Binance Lite?
Binance Lite is a streamlined version of the Binance App designed for simplicity, with only essential information displayed. It's especially useful for users with low-quality internet connections or older phone models, offering a smoother experience than the regular Binance Pro version.
To access Binance Lite, tap on the top left corner of your home screen, where you'll find "Binance Lite" at the bottom.
How Binance Lite Works
Once you open Binance Lite, you'll see a list of cryptocurrencies on your home screen. You can filter them by market cap, price trends, popularity, and more. If you want to view a cryptocurrency's price trend, tap on it to see a basic candlestick chart. You can adjust the chart to display different time frames.
At the bottom of the page, you'll find all relevant information and news about the selected cryptocurrency.
In addition to basic trading functions, Binance Lite also offers a variety of Binance Earn products to help you grow your crypto holdings.
How to Buy Crypto on Binance Lite
Step 1: Tap on the cryptocurrency you want to purchase (e.g., BNB). A page will open showing the price trend, current price, and coin details. In the bottom right corner, tap "BUY."
Step 2: Enter the amount you wish to spend on BNB and tap "BUY" again. Choose your payment method and tap "CONFIRM."
Step 3: Review your order details and check the payment terms from the seller. After making the payment, take a screenshot and tap "Transferred, notify seller."
Step 4: After confirming the transaction, you'll see BNB in your portfolio. It's that simple to buy crypto on Binance Lite!
How to Sell Crypto on Binance Lite
Step 1: Tap on "Portfolio" at the bottom right corner to view your assets. Select the cryptocurrency you wish to sell.
Step 2: A page will open showing your transaction history and balance. Tap "Sell" at the top. Enter the amount of crypto you want to sell and tap "Sell" again at the bottom.
Step 3: Choose your preferred payment method for receiving fiat currency. Once the payment is received, confirm it by logging into your account and then release your crypto.
With these easy steps, you can start trading crypto seamlessly using Binance Lite!