1. Open the Binance app and log into your account.
2. Go to the section: on the bottom panel, click [Trade], then select the [Spot] tab.
3. Select a trading pair, for example, BTC/USDT. Trading pairs consist of a base asset (the first in the pair) and a quote asset (the second in the pair). In this case, you are buying or selling BTC for USDT.
4. Select the order type:
Market order: buy or sell at the current market price.
Limit order: set the desired price at which you want to buy or sell an asset. The trade will occur when the market reaches this price.
5. Enter order details:
For a limit order, specify the price and quantity of the asset.
For a market order, specify only the quantity of the asset.
6. Press the button: [Buy] or [Sell] depending on your intention.
7. Track your orders: go to the [Open Orders] section to view active requests.
🔔 Additional features
Order history: in the [Markets] > [Spot] section, select the desired trading pair, click on the settings icon, and enable the display of order history on the chart.
Order notifications: in the [Trade] > [Spot] section, click on the three-dot icon in the upper right corner, then [Settings], and activate notifications for spot trading.
📚 Helpful tips
Order types:
Market order is suitable for quick buying or selling at the current price.
A limit order allows you to set a desired price, which can be beneficial in volatile markets.
Technical analysis: use indicators such as RSI, MACD, and moving averages to make more informed trading decisions.
Take profit and stop loss: set levels for take profit and stop loss to manage risks and protect your investments. $XRP #TradeStories #AltcoinSeasonLoading