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Trading CryptoCurrency in Binance.Us – The Beginners Guide to Trading

Binance.us provides investors with an easy way to buy and trade cryptocurrencies, easily manage their portfolios, and invest on a scheduled basis. They offer a platform that can help investors in developing markets participate in the cryptocurrency market without needing technical knowledge or experience.

It has been designed to provide secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry. It provides a transparent and user-friendly experience for cryptocurrency enthusiasts and makes it easier for them to trade Bitcoin, Ethereum, Litecoin, Ripple, Zcash, and more without any hassle. They are also planning to open a Binance Chinese office in Beijing as there is no office in China until now even though the founder Zhao is a Chinese man & Zhao Binance CEO entered the 100 billion club recently.

How to Trade Cryptocurrency On Binance.us?

Why are Binance.US’s trading platforms so popular? Because they make crypto trading easy, and you can monitor your transactions by reviewing them later on. They also offer the most basic type of trade, which is called a Limit order. Once you learn how to create these types of trades, you’ll be more aware of all the different kinds of orders out there. To Trade cryptocurrency on Binance.us:

Set Up Your Account

To get started in Binance.us, you need to log in to your account first. There will be a little arrow at the top left corner of your screen that you can click on to see what the steps are for interacting with the platform. In this case, it is trading. You should click on “Trade,” then “Advanced,” and then “Trading.”

Hover The Trading Pairs

On the Binance.us website, you can locate your desired trading pair on the Markets page and click “Trade” to make your purchase. Alternatively, you can also enter “BTC/USD” in the search bar to quickly find your most favorable buy order.” The platform allows users to trade in over 180 different pairs of cryptocurrencies, giving them a wide range of opportunities.

Explore The Statistics 

On the Binance.US Trading page, you will see information that is useful for traders looking to purchase cryptocurrencies. At the bottom, you will see a series of statistics, including the order book and current price, how it has changed over the last 24 hours, and trading volume over 24 hours.

Select The Suitable Pair To Buy Or Sell

Select the current trading pair at the top of the screen to buy BTC on Binance.us. Just enter BTC into the search bar, and you will be able to easily find it along with USDT. Once you have selected BTC/USDT on the trading page, it will show you relevant market data on the left pane and let you buy or sell BTC with USDT. The process for buying or selling is essentially the same if you’re using US$.

Navigate Through The Buy And Sell Options

There is a navigation section at the bottom of the page if you are ready to start trading. It provides various options, like Sell Coin at the price you are willing to accept or buy and Buy Coin with the amount you wish to buy/sell with their respective dollar values in USDT. This site provides you with all the information needed for your trade on one platform. To get started, just go to the appropriate section listed under “Trade.”

Check Or Modify Your Orders

To purchase bitcoin from this site, follow the steps on the homepage. You will begin by verifying your ID with a short pop-up that displays in the lower right-hand corner. Limit Buy Orders can be viewed from the Open Orders section of the platform. From here, you can view details of your open orders, view or cancel what your order has been so far, and find out the status.

Wait Till The Order Confirms 

After you order, be sure to check the confirmation email you were sent. Market orders are processed right away on Binance.us and may take a bit of time, depending on the order size. Open orders must be confirmed before they execute, though. Your trade is successful when you complete it. It will now be visible on your ‘Orders’ page.

You can view your open or canceled orders on your ‘Orders’ page. You’ll be able to find all of the trades that you made, so you know what is still being processed. Alternatively, you can opt to cancel pending orders in the order range of up to 90 days.

Overview On Binance.us

Binance.us is a secure, user-friendly service designed to offer cryptocurrency users the tools they need to protect their digital assets. This service offers a number of advantages, including the use of cold storage, private keys, 2FA authentication, and more. With state-of-the-art storage technology, it allows users to buy, sell, and trade cryptocurrencies from their laptop, tablet, or mobile device on a 24/7 basis.

Eleena Wills
Hi, I’m Eleena Wills. Being a writer and blogger, I strive to provide informative and valuable articles to people. With quality, constructive, and well-researched articles, one can make informed choices. I cover a wide range of topics, from home improvement to hair styling and automotive.
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