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Homeweb3.0How to make profit selling U coins on Binance exchange

How to make profit selling U coins on Binance exchange

Sep 10, 2024 pm 12:46 PM
cryptocurrencyBinanceusdtexchangeu-book

You can sell U Coins for profit by following these steps on the Binance exchange: Sign up for an account. Recharge U coins. Select a trading pair (U/USDT or U/BUSD). Set up a sell order (limit or market order). Waiting for the order to be executed. Withdraw profits to a bank account, credit/debit card or cryptocurrency wallet.

How to make profit selling U coins on Binance exchange

How to make profit by selling U coins on Binance exchange

Step 1: Register a Binance account

  • Visit Binance.com and create an account.
  • Complete KYC verification to enable fiat trading.

Step 2: Recharge U Coin

  • Log in to your Binance account and click "Wallet" > "Spot".
  • Search for "U" and select U Coin.
  • Click "Recharge" and select the transfer method: deposit address, fiat currency or cryptocurrency.
  • Follow the instructions to transfer U Coins to your Binance account.

Step 3: Select the trading pair

  • Open the "Trading" page and select the trading pair in the upper left corner.
  • Select U/USDT (trade U coins with USDT) or U/BUSD (trade U coins with BUSD).

Step 4: Set up a sell order

  • On the right side of the trading page, select "Limit Order" or "Market Order".
  • Limit Order: Specify the specific price at which you wish to sell U Coins.
  • Market order: sell U coins immediately at the current market price.
  • Enter the amount of U coins you want to sell.
  • Click the "Sell U" button.

Step 5: Wait for order execution

  • Your order will be entered into the order book.
  • When the market price reaches your limit price, your order will be executed.
  • Market orders will be executed immediately.

Step Six: Withdraw Profit

  • The funds from your U Coin sale will be deposited into your Binance spot account.
  • You can check your profits in "Wallet" > "Spot" > "USDT" or "BUSD".
  • Click "Withdraw" and choose the transfer method: bank transfer, credit/debit card or cryptocurrency.
  • Follow the instructions to withdraw your profits.

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