Market Cap: $103,625,484,500
Cryptos: 2,073
Market Cap: $103,625,484,500
24h Vol: $10,783,685,167
BTC Dominance: 54.9403 %

How to Trade Cryptocurrency on Binance

2 months ago

Binance is the most popular trading platform for adding a lot of support for cryptocurrencies, trading with the most unconventional trading pairs and having the highest liquidity and performance of engine in comparison to other cryptocurrencies. The exchange also offer it’s own cryptocurrency as a trading pair, store of value and utility.

This guide will help you set up and guide you from transferring the funds from a wallet to Binance.

Requirements

  • E-mail (Gmail, preferrably)
  • Google Authenticator
  • Phone Number

Steps

  1. Go to www.binance.com
  2. Press the “register” on the header
  3. Fill out the form with your main E-mail and a very strong password, feel free to leave out the referral ID
  4. A verification mail will be sent on the E-mail that has been used, please click the link, it will automatically verify the account.
  5. After verification, the user will be redirected to login page, where you would fill out the same e-mail and password as the registration details.
  6. Once logged in, you would be greeted with these options
  7. Choose Google Authenticator
  8. Download the app on your device, and sign into the same gmail account that was used in the signing process
  9. Scan the QR code from the website on the app
  10. Securely copy the backup key
  11. Enter Binance login password and google authenticator code from the app to the website
  12. Click ‘Enable Google Authentication’
  13. Congratulations! Your account is secure
  14. Navigate to ‘Deposits’ from the ‘Funds’ box
  15. A redirection towards a dropdown menu will be shown, please choose the coin you wish to deposit.
  16. Once selected an address will show of the coin 
  17. Transfer coins from the current wallet to the address posted in Binance
  18. Once done, the balances with the current amount will show
  19. Navigate to ‘Exchange’ and select ‘Basic’
  20. Make an order with the current balance in this box
  21. For selling, fill out these
      
                   

 

Congratulations! You have figured out how to buy and sell, you can proudly call yourself a trader!

 

Tune in regularly for the next tutorial!