How to buy and sell Binance Coin? Binance Coin trading graphic tutorial

How to buy and sell Binance Coin? Specific steps to buy and sell Binance Coin on the Binance platform: Create a Binance account and deposit Select the Binance Coin trading pair and enter the purchase amount Transfer BNB to the spot account Select the BNB/USDT trading pair and enter the sell amount

Binance Coin Buying and Selling Graphical Tutorial

Buying Binance Coin

Step 1: Create Coin Secure your account

• Visit the official Binance website and click "Register".
• Enter your email address, password and referral code (if applicable).
• Complete the identity verification process.

Step 2: Deposit

• Log in to your Binance account and click "Deposit".
• Select the payment method you want to use (e.g. bank transfer, credit card).
• Follow the instructions and complete the top-up.

Step 3: Buy Binance Coin

• Click on “Trading” and then select “Classic”.
• Enter "BNB" in the search bar.
• Select the trading pair you want to buy BNB (e.g. BNB/USDT).
• Enter the quantity you want to buy and click "Buy".
• Check order details and confirm purchase.

Sell Binance Coin

Step 1: Transfer BNB to Spot Account

• If your BNB is in another wallet , you need to transfer it to a Binance spot account.
• Click "Assets" > "Currency" and find BNB.
• Click "Recharge" and enter the address you want to transfer.

Step 2: Sell BNB

• Select the BNB/USDT trading pair.
• Enter the quantity you want to sell and click "Sell".
• Check the order details and confirm the sale.

Notes

• Binance platform supports various payment methods, but the specific supported payment methods may vary by region.
• Different payment methods may require different processing times and fees.
• Before buying or selling cryptocurrency, it is important to understand the associated market risks.
• Make sure you store your cryptocurrencies in a safe place.

BNB surges strongly by 4.61%

BNB’s current price is $537.34, with a 24-hour trading volume of $1.701 billion. The price of BNB has surged by 4.61% in the past 24 hours.

Factors driving the price movement

This rise is mainly attributed to the overall optimism about the cryptocurrency market and expectations for the application of BNB blockchain technology increase.

Future Outlook

Technical analysis for BNB suggests it may continue to move higher in the short term. If the price breaks the resistance at $550, further gains are likely. However, a break below $510 could lead to a consolidation or pullback.

Investor Advice

For investors looking to invest in BNB, the current price can be an attractive entry point. It is crucial to keep a close eye on technical indicators and manage risk.

Short Term Forecast

Based on current technical indicators, BNB is expected to continue towards resistance at $550 in the coming days.

Indicators

• Current price: 537.34 USD
• 24 hour trading volume: 1.701 billion USD
• Price changes ( 24 hours): +4.61%
• Circulation: 145,934,828 BNB
• Maximum supply: None
• Total supply: 145,934,828 BNB
• Circulation market capitalization: US$78.417 billion

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