How to trade on Binance Exchange? Binance Exchange Trading Tutorial

To trade on Binance exchange, you first need to register an account and make a deposit. Next, find a trading pair, select the order type (limit order, market order, conditional order) and place the order. Finally, check the order status and withdraw funds. Be aware of trading risks and protect account security.

How to trade on Binance exchange

1. Register an account

First, you need to register an account on the Binance official website. Follow the prompts to fill in your personal information and complete the real-name authentication.

2. Deposit

After logging in to your account, click the "Recharge" button on the homepage. Select the currency you want to deposit and copy the deposit address. Transfer funds to this address via other platforms or wallets.

3. Find the trading pair

Click "Trade" and select the currency pair you want to trade. For example, if you want to trade Bitcoin, enter "BTC".

4. Place an order

In the trading interface, select the order type. There are several ways:

• Limit Order: Set a specific price at which you are willing to buy or sell.
• Market order: Executed immediately according to the current market price.
• Take profit and stop loss orders: Set conditional orders that automatically trigger buying and selling when a specific price is reached.

Enter the amount you want to trade and click "Buy" or "Sell".

5. Check the order

After placing an order, you can check the status of the order through the "Order" tab. Successfully completed orders will be displayed as "Completed".

6. Withdrawal

When you want to withdraw funds, click the "Withdrawal" button on the homepage. Select the currency you want to withdraw, enter the withdrawal address and amount. Follow the prompts to complete the withdrawal operation.

Note:

• Be sure to understand the trading risks before trading.
• Binance offers a variety of trading features, such as leverage trading and margin trading. These features are not suitable for all investors.
• Protect the security of your account information and funds.

The above is the detailed content of How to trade on Binance Exchange? Binance Exchange Trading Tutorial. For more information, please follow other related articles on the PHP Chinese website!