Whether you're new or experienced, buying and selling on Binance is simple once you know the right steps. Follow this easy guide to trade confidently!
1️⃣ Creating and Securing Your Binance Account 🔐
- Register on Binance.com or through the Binance app with your email or phone number.
- Set a strong password and enable **Two-Factor Authentication (2FA)** for added security.
- Complete your identity verification (KYC) to unlock full trading features and higher limits.
2️⃣ Deposit Funds to Your Binance Wallet 💰
- Deposit fiat currency (USD, EUR, INR, etc.) via bank transfer or credit/debit card.
- Alternatively, deposit cryptocurrency from another wallet or exchange into your Binance wallet.
- Binance supports various payment methods depending on your location.
3️⃣ Navigating to the Buy/Sell or Trading Interface 🎯
- On the Binance homepage, use the Buy Crypto or Sell Crypto buttons for instant buy/sell options.
- For advanced trading, navigate to Trade → Spot Trading to buy/sell using market or limit orders.
- Choose your trading pair (e.g., BTC/USDT, ETH/BTC) depending on what you want to trade.
4️⃣ Placing Your Buy or Sell Order 🛒
- Market Order: Buy/sell immediately at the current market price. Good for fast executions.
- Limit Order: Set your desired buy or sell price; the order executes only when the market reaches your price.
- Enter the amount you want to buy or sell and review the order details.
- Confirm the order and monitor its status in the Open Orders panel.
5️⃣ Withdrawing Your Funds Safely 🏦
- Once you sell crypto and have fiat, withdraw via bank transfer, debit/credit card, or P2P transfers.
- For crypto withdrawals, send coins to your private wallet (e.g., Trust Wallet or Ledger) for long-term security.
- Always double-check withdrawal addresses and payment details to avoid mistakes.
