Binance Coin Trading Tutorial

The steps for Binance Binance trading include: Log in to your account, select a trading pair (such as BTC/USDT), select an order type (market order, limit order, stop-profit and stop-loss order), enter the transaction amount, and place an order (buy or sell)

Binance Coin Trading Tutorial

How to conduct Coin trading?

Coin-to-crypto trading is trading between two cryptocurrencies. On Binance, you can trade crypto-to-crypto through the following steps:

Step 1: Log in to your Binance account

Log in to your Binance account or create a new account.

Step Two: Select a Trading Pair

At the top of the page, select the cryptocurrency pair you want to trade. For example, BTC/USDT represents the Bitcoin to Tether trading pair.

Step 3: Select the order type

Binance provides a variety of order types, including market orders, limit orders, and stop-profit and stop-loss orders. For beginners, market orders are the simplest option and will instantly execute your trade at the market price.

Step 4: Enter Transaction Amount

Enter the amount or amount of cryptocurrency you want to trade.

Step 5: Place your order

Click the "Buy" or "Sell" button to place your order.

Detailed explanation of the transaction process:

• Market order: Market order will immediately execute your transaction at the current market price. This is suitable for situations where you want to buy or sell cryptocurrencies quickly.
• Limit Order: A limit order allows you to specify the price at which you wish to trade. The order will only be executed if the price reaches or exceeds the limit price you specify.
• Take Profit and Stop Loss Orders: Take Profit and Stop Loss orders are advanced order types that allow you to set a price trigger point to automatically buy or sell cryptocurrency when the price reaches that trigger point.

Binance Binance Trading Fees:

Binance charges a small fee for Binance trading, usually 0.1%. Fees vary based on your trading volume and the amount of BNB you hold.

Note:

• Be sure to check the trading pair and order type before placing an order.
• Understand the risks of the cryptocurrency market as prices can fluctuate rapidly.
• Only trade money you are willing to lose.

In the cryptocurrency market, BUSD (BUSD) stands out for its amazing stability, becoming a trusted store of value and medium of exchange. As of 10:00 AM on July 11, 2024, BUSD is worth $1.0004403100753, with a whopping $8642238.7415683 traded in the past 24 hours.

BUSD’s value has grown steadily over the past day, rising by 0.00637365%, indicating the market’s growing confidence in its stability. The circulating supply of BUSD is 69511447.778167, which means there are so many BUSD tokens circulating in the market. Its total supply is also 69511447.778167, which means no additional BUSD tokens can be created. This further ensures the stability of BUSD as it is not affected by newly minted coins.

BUSD’s circulating market capitalization is currently $69542054.36897, reflecting the recognition of its value and stability by investors in the cryptocurrency market. As the cryptocurrency market continues to mature, BUSD is expected to continue to play a key role in providing traders and investors with a reliable and stable store of value.

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