A detailed explanation of each section in the Binance app in a simplified way. Part Two

4. Transfer:

Purpose: To transfer cryptocurrencies between your Binance account and your personal wallet.

Contents:

From account to wallet: If you want to transfer your cryptocurrencies from your Binance account to your personal wallet.

From wallet to account: To transfer funds from your wallet to your Binance account.

5. P2P (Peer-to-Peer Exchange):

Purpose: This is a special section for buying and selling cryptocurrencies directly between you and other people.

Contents:

Buying currencies: You can buy cryptocurrencies directly from other users.

Selling currencies: You can sell your cryptocurrencies to someone else.

Payment methods: Payment can be made through methods like bank transfer, Vodafone Cash, or other methods as agreed.

6. Discounts and Rewards (Earn):

Purpose: A special section for opportunities to increase your balance through saving or earning interest.

Contents:

* **Savings: You can save cryptocurrencies and earn interest over time. Staking: You can "freeze" your cryptocurrencies for a period and earn interest on them.

7. Education (Learn):

Purpose: A special section for educational lessons for beginners.

Contents:

Training Courses: Binance offers free courses to help you learn about cryptocurrencies and how to trade.

Questions and Answers (FAQ): If you have any questions about the app or cryptocurrencies.