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How to sell coins on Binance exchange video tutorial

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2024-08-26 14:06:01376browse

How to sell coins on Binance? Log in to your account and select the coin you want to sell Click the "Sell" button Select the sale type and enter the order details Confirm and submit the order Track the order status and use tips to secure your transaction

How to sell coins on Binance exchange video tutorial

How to Sell Coins on Binance Exchange Kind of

Step 1: Log in to your Binance account

Visit the Binance website or open the app and log in to your account using your email address or mobile number.

Step 2: Select the currency you want to sell

On the home page, click on the "Wallet" tab. Then, select the Spot page and find the currency you want to sell.

Step 3: Click the "Sell" button

After finding the currency you want to sell, click the "Sell" button.

Step 4: Select the sale type

Binance offers a variety of sale types, including limit orders, market orders, and stop-loss orders. Choose the type that best suits your strategy.

Step 5: Enter order details

Based on the sale type you choose, enter the following information:

  • Limit order: Specify the price at which you sell the currency.
  • Market Order: Sell immediately at current market price.
  • Stop Loss Order: Trigger a sell when the currency price reaches a specific level.

Step Six: Confirm and Submit Order

Check your order details carefully and click the "Sell" button. Your order will be submitted to the Binance exchange.

Step 7: Track your order

You can track the status of your order on the Orders page. Once your order is executed, you will receive a confirmation email or text message.

Tip:

  • Understand market trends: Before selling a coin, please understand the market trends and price fluctuations.
  • Set a stop-loss order: To limit potential losses, consider setting a stop-loss order.
  • Sell in batches: Don’t sell all coins at once, you can sell in batches to get a better price.
  • Use Security: Always use two-factor authentication (2FA) and a strong password to protect your account.

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