A Beginner’s Guide to Binance Lite: Buying, Selling, and Converting Made Easy
If you’re new to cryptocurrency, Binance Lite offers a user-friendly platform to help you navigate your first transactions. This tutorial will walk you through the essential features of Binance Lite, including how to buy, sell, and convert assets effortlessly.
Getting Started with Binance Lite
You don’t need to install a separate app to access Binance Lite; it’s integrated within the main Binance app. If you’re having trouble locating this feature, ensure your app is updated to the latest version.
To switch to Lite mode, simply tap the Binance logo in the top left corner.
Now, let’s explore how to make the most of Binance Lite for your crypto journey!
Just tap on the Binance Lite icon at the bottom of your app, and you'll be directed to the Binance Lite interface.
Binance Lite is an enhanced version of Binance Pro, featuring a simplified interface for easier navigation. It emphasizes popular cryptocurrencies and provides sorting options by popularity, market cap, price, and 24-hour changes. Users can also track price trends using a customizable candlestick chart.
How to Buy or Sell on Binance Lite H
Buying crypto on Binance Lite is easy and can be done in just a few steps. First, select the cryptocurrency you want to purchase, for example, BTC. Tap on it, then click the [BUY] button on the coin's page.
Choose the fiat currency you wish to use, enter the amount you want to purchase, and select your payment method to confirm the order. You can view the purchased crypto in your wallet. To sell crypto, simply tap [Sell] in the top right corner.
Binance Convert
You can also use binance convert option to trade between other Crypto currencies.
To access Binance convert option on Binance lite app Simply Tap on this trade symbol as shown in the below picture
Once you tap that there you will see a convert option, Go there
Binance convert market option
Select the cryptocurrency you want to convert to another, for example, converting BNB to USDT as shown in the image. Enter the amount you wish to convert and preview your conversion to continue.
With the market option, your order will be executed immediately at the current market price.
For the limit option, you can set your order at a specific price for buying or selling.
CLOSING THOUGHTS.
If you are an active or experienced trader, the Pro version might be a better choice, as it provides more features and trading tools for you to take advantage of the diverse Binance products and services we have to offer. If you are new to the space and looking for a quick and easy way to get started, we recommend using the Lite mode first. Either way, you can always experiment with both options as it’s very easy to switch between the Lite and Pro versions.
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