Does the Binance sub-account have ctoc trading function?
- Michael JordanOriginal
- 2024-10-17 19:25:02342browse
Binance sub-accounts feature C2C trading capabilities, allowing users to buy and sell cryptocurrencies directly with other users on the platform. To use this feature, you need to enable C2C transaction permissions in the main account. The specific steps include: logging in to the main account, selecting a sub-account, and enabling the "C2C transaction" permission under the "Transaction Permissions" tab. The advantages of sub-accounts using C2C trading functions include: segregated funds, independent transactions, security and convenience.
Do Binance sub-accounts have C2C trading capabilities?
Answer: Yes
Detailed explanation:
Binance’s sub-account does have C2C trading capabilities. C2C (crypto-to-crypto) trading allows users to buy and sell cryptocurrencies directly with other users on the platform. Sub-accounts on Binance enjoy the same features as the main account, including access to the C2C trading market.
To use the C2C trading function, sub-account users need to enable C2C trading permissions in the main account. This can be done by following these steps:
- Log in to your main Binance account.
- Click "Account" in the upper right corner of the page.
- Select "Sub-Account".
- Select the sub-account to enable C2C transactions.
- Open the "Trading Permissions" tab.
- Enable "C2C Transaction" permission.
Once C2C trading permissions are enabled, sub-account users can use the C2C trading market to buy and sell cryptocurrencies.
Here are some advantages of Binance sub-accounts using the C2C trading feature:
- Isolated funds: Sub-accounts allow users to segregate their funds for C2C trading , thereby reducing the risk of funds in the main account.
- Independent transactions: Sub-account users can execute C2C transactions independently without being affected by the main account.
- Security: Binance sub-accounts are protected by the same security measures as the main account to ensure the safety of transactions.
- Convenience: C2C trading takes place directly on the Binance platform, allowing users to buy and sell cryptocurrencies without leaving the platform.
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