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How to buy and sell Bitcoin on Binance

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Release: 2024-04-01 11:06:26
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The steps to buy Bitcoin on Binance are as follows: 1. Register an account and verify your identity; 2. Deposit; 3. Select the Bitcoin trading pair on the spot trading page, enter the transaction quantity and price, and click Buy or Sell out. When buying Bitcoin, the price should be higher than the current market price; when selling, the price should be lower than the market price.

How to buy and sell Bitcoin on Binance

How to Buy and Sell Bitcoin on Binance

How to buy and sell Bitcoin on Binance

Operation steps:

  1. Register a Binance account: Go to the Binance official website, click "Register" and fill in the relevant information.

    How to buy and sell Bitcoin on Binance

  2. Verify identity: To improve account security, identity verification needs to be completed. Submit documents such as ID card or passport for verification.

  3. Deposit: Fund your account through fiat transactions or cryptocurrency transfers.
  4. Buy or sell Bitcoin: On Binance’s spot trading page, select a Bitcoin trading pair (such as BTC/USDT), enter the amount of Bitcoin you want to buy or sell, and click "Buy" or "Sell".

Detailed Guide:

1. Register and verify identity:

  • Visit Binance official website , click the "Register" button in the upper right corner.
  • Fill in your email address, mobile phone number and password, and then click "Create Account".
  • Verify email and mobile phone number, and complete identity verification.

2. Deposit:

  • Log in to your Binance account and click "Buy Coins" on the navigation bar.
  • Select the deposit method (fiat or cryptocurrency).
  • Follow the prompts on the page to complete the deposit operation.

3. Buy or sell Bitcoin:

  • On Binance’s spot trading page, select the Bitcoin trading pair (such as BTC/USDT ).
  • In the "Limit Order" section, enter the amount of Bitcoin you want to buy or sell and its price.
  • Click the "Buy BTC" or "Sell BTC" button.

Note:

  • When buying Bitcoin, the price should be higher than the current market price.
  • When selling Bitcoin, the price should be lower than the current market price.
  • Be sure to confirm the transaction details, including price and quantity, before trading.
  • Transactions may incur handling fees. Check the handling rate before submitting an order.

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