Binance Newbies: Step-by-Step Guide on How to Trade on the Binance Lite App - Episode 1
Hello Binance Family:
I hope all is well and safe in your homes. We think we should start a series about Binance for newbies. We are starting with our first episode about Binance Lite app. Today we have chosen the topic “ How To trade on Binance Alite App.
Step 1: Install the Binance App:
Go to the App Store or Play Store app. Search for the Binance app. Click on 'Install.' When you have done this, you can simply create an account. If you already have an account on Binance, simply log in and start trading. Here's more guidance on trading below:
Step2:- Click on Depsoit: When you have Completed Account and having Some fund in your account. Click on deposit as give you can see below:
Step3:- Click on Convert:
When you have clicked the deposit button, you can see some options. You click on convert as you can see:
Step4:- Enter Amount:
When you entered on convert button then you will see this Homepage. There is two option Market and Limit. If you use market option then it will buy instantly on market rate. If you want to Convert or exchange your usdt into token. As in figure i have select upper side $USDT and below
After that click on Preview Conversion then you will redirect to this page 👇
Click on the Convert. You can see it’s successfully converted.
After these steps. It’s successfully converted. Now the Question raised in our mind where fund will be shown. Step5:- Click on Portfolio: You can see at the right end corner of the page. As mentioned in figure below Click on portfolio. Then you can see your tokens. How much you are holding.
As i get 0.03392531 BNB in my wallet. Successfully traded. Successfully traded. I hope all newbies got the point. How we trade on binance lite App.
If you have any query please you can ask in comment section. We are always there. Stay tuned for further updates. If you are a new user on binance square you can follow crypto eagles for more tips🤝 #newbieTrader #TradingLegends #binance @Binance
BNB Surpasses 320 USDT with a 1.20% Decrease in 24 Hours
On Feb 12, 2024, 04:58 AM (UTC). According to Binance Market Data, BNB has crossed the 320 USDT benchmark and is now trading at 320 USDT, with a 1.20% decrease in 24 hours.
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According to CoinDesk, decentralized borrowing protocol Liquity has seen its native token LQTY rally 80% over the last month, contrasting with the sluggish performance in the broader cryptocurrency markets. Liquity is a borrowing and lending platform where users can take out loans denominated in Liquity’s U.S. dollar stablecoin, LUSD, after staking ether (ETH) as collateral. A month ago, LQTY was trading at $0.75 and is now around $1.35. In comparison, bitcoin has seen a 2% increase over the same time period, while Ethereum lost 3% and Solana’s SOL gained 20%.
The LQTY token has a market capitalization of about $120 million. However, the price was down 12% on Friday with no notable news, highlighting the volatility of smaller cryptocurrencies. The protocol has experienced increased activity over the past month, which could be contributing to the price movement. Users who staked in the protocol were collectively paid around $625,000 over the past month. The LQTY staking pool allows users to stake LQTY tokens and earn protocol fees, which are paid out in LUSD and ETH.
A spokesperson for Liquity mentioned that Bluechip, an independent stablecoin agency, recently gave it an A rating, which might have also contributed to the price surge.
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