The ETH marketplace on Binance refers to the platform where users can buy, sell, and trade Ethereum (ETH) using various trading pairs and financial products.
๐น Key Features of the ETH Marketplace on Binance:
1. Spot Trading
ETH Trading Pairs: ETH/BTC, ETH/USDT, ETH/BUSD, ETH/FDUSD, ETH/EUR, etc.
You can directly buy or sell ETH for other cryptocurrencies or stablecoins.
Market, Limit, and Stop-Limit orders are available.
2. Convert Function
A simple tool that lets you convert other assets to ETH instantly without using the advanced trading interface.
3. Futures Trading
Trade ETH with leverage using contracts like ETHUSDT perpetual.
Allows short or long positions.
High risk; suitable for experienced traders.
4. Margin Trading
Borrow funds to trade ETH with more capital.
Available in isolated and cross-margin modes.
5. Buy ETH with Fiat
You can buy ETH using your local currency through:
Credit/debit card
Bank transfer
P2P trading (peer-to-peer)
6. ETH Staking / ETH 2.0
Stake ETH on Binance to earn rewards, particularly related to Ethereum's Proof of Stake (ETH 2.0).
ETH is often represented as BETH (Binance ETH) when staked.
