What is Binance Lite?
#BinanceLite is a simplified version of the Binance application. The application has an intuitive interface with less information on the homepage. Users see only the basic features when they open the application. This makes Lite mode an excellent option for crypto beginners and new Binance users. In addition, Binance Lite may offer better performance than the classic Pro version if you are using an older mobile device or your internet connection is limited.
Currently, Binance Lite is the default interface for users opening the Binance app for the first time. Users can easily switch Decently between Lite and Pro modes at any time according to their preferences and trading needs. To change the application mode, you need to tap the profile icon in the upper-left corner and swipe the button next to the [Binance Lite] item.
Compared to the Binance Pro version, the usability of Binance Lite has been improved, making it easier for new users to navigate within the application. Users will only see the prices of the more popular cryptocurrencies on the Lite version's app homepage, along with a green or red line representing the price trend for a specific time December. Despite the simplified interface, users also have the option to sort coins by popularity, market value, price and 24-hour exchanges. Users can also see the prices of this coin on an easy-to-read candlestick chart by tapping a specific coin, and this chart can be personalized to show the trend at different time intervals December. It is also possible to access information and news about the coin from the bottom of the chart.
Users can get crypto on Binance Lite with just a few steps. For this, it is enough to tap the [Buy Sell] button on the coin page. The nominal currency to be used is selected, the amount to be purchased is entered, and the order is approved by selecting the pay method. Purchased cryptos can be displayed in the wallet. The same applies to selling crypto. The [Sell] button in the upper-right corner is tapped, or the [Convert] feature is used to switch between different coins.Dec.
In addition to the basic trading functions, Binance Lite also offers other Binance Earn products so that users can increase their crypto savings. Binance Earn is similar to a savings account. Users can start getting stable returns by depositing their idle coins into the BNB Vault. Earn products are flexible, meaning users can deposit funds, earn returns and withdraw these returns at any time without paying any transaction fees.
To participate in Binance Earn products, tap the place where Earn is written on the application homepage. All available coins and the estimated annual return rates (APY) of these coins will be displayed to users.
What is the difference between Binance Lite and Binance Pro?Dec.
As we mentioned earlier, Binance Lite mode is the interface that will be opened for everyone who uses the application for the first time. Thanks to its more user-friendly nature for those who are new to crypto trading, it allows these people to quickly check prices and make purchases from the home dashboard.
Although more complex functions have been removed from Lite mode, it is possible to easily access the most frequently used basic features from the navigation bar located at the bottom of the screen. Users can tap the yellow icon in the middle to buy, sell or convert crypto, or the wallet icon to check wallet balances, asset allocation and portfolio value.
