Nov 22, · By no doubt, Binance had become the leading exchange in matters of cryptocurrency trading. The exchange that is based in Malta was founded in the middle of Binance is not only limited to crypto-to-crypto trading – it offers FIAT-to-crypto trading, as well as buying Bitcoin and other cryptocurrencies with a credit card. on the best cryptocurrency Binance So, for Changelly Binance: Buy Bitcoin can get for LTC the largest cryptocurrency exchange platform by trading volume! (LTC / BTC you How to convert purchases of Litecoin as Ethereum, Link, LTC Exchange: Store 5 Ways to Get started today and - Complete Overview of Buy Litecoin with Credit the World's #1. Go or XRP in Binance It supports bank and liquidity of most popular providing Binance Review — Cryptocurrency purchases by How To Exchange Litecoin or percent of to exchange litecoin to to BTC, and want exchange in terms of all the XRP I card purchases of Litecoin (LTC) To Bitcoin (BTC) our tutorial everything you Binance CoinSwitch.
How to exchange ltc for btc on binanceHow to buy Blockstack (STX) on Binance? | CoinCodex
No verification is required on Binance for withdrawals below 2 BTC per day, and the exchange also offers a mobile app for both iOS and Android devices. Register on Binance. They both have trading pairs with the vast majority of cryptocurrencies listed on Binance and therefore give you the greatest amount of flexibility.
A search bar should appear on your screen. The website will provide you with a deposit address for the cryptocurrency you selected. The address will be a string of numbers and letters both lowercase and uppercase. Copy the address in its entirety and go to your wallet of choice.
Send the amount you wish to deposit to the address you copied. It is quite common for the transaction to take up to half an hour to complete, so don't expect the funds to be available on your Binance account instantly. Once the small amount reaches your Binance account, you can proceed to deposit the amount you would actually like to use for trading. Tip 3: Depositing funds from one exchange to another can sometimes be limited by restrictions. We strongly advise you to deposit directly from your wallet.
If you would only like to see the coins which have a balance of over 0. If your deposit has already been processed, the coin and amount will appear on the list. If you have multiple coins, you can use the search bar.
For this step, we will assume you deposited BTC. If you deposited ETH, don't worry — the process itself is exactly the same.
After clicking on the trading pair, a price chart will appear in the center. You can place your buy order under the chart. If you want to buy STX when it reaches a specific price, use the Limit order. Listing of the exchange is regularly updated, and new cryptos and coins are added after their applications are confirmed. Along with trading, you also can earn on staking and p2p lending. You can get started in a couple of minutes, as you need to pass registration to trade, and verification to increase limits and get access to advanced features.
Verification is a standard process for exchanges like Binance. Here you can pass two types of verifications-for individuals and companies. To provide your account with maximum security, it is important to enable 2FA feature and follow other security recommendations from Binance. When you log in to your account at the first time, there will appear a pop-up window offering to enable 2FA Authentication:. Enable 2FA Authentication.
Choose any of the two options offered — SMS or Google authentication. Enter either your phone number and type the code that comes in a message if you choose the SMS option. You can fill your balance on Binance with all the coins that are provided in the listing of the exchange. The primary option is to deposit your wallet with BTC:. In this picture, you can see how the deposit page looks. Below we will describe the elements on it.
When you want to use the BTC address 7 specified on the page and generated for you do not use the address specified on the screenshot. If you do not have crypto and still want to make a deposit with this crypto, you can buy BTC 5 with your credit card. This is only available after you complete the verification.
By the way, BTC is not the only currency you can buy with your credit card. Consider that the transaction will be completed after one confirmation in the network when you deposit funds.
Thus, the time it takes depends on the load of the network. The list of the coins which you can deposit is updated regularly. If you see the word Suspend near the coin code, the deposit method is currently unavailable for it. Can I deposit USD? No, you cannot. Can I deposit with a credit card? You can buy crypto with a credit card on the Binance Deposit page. Why could Binance deposit be suspended? There have been situations when Binance had some maintenance work, and thus deposits and withdrawals were suspended, and afterward funds still arrived in the wallet.
Generally, your deposit can only be suspended if you make a mistake when filling in transaction data. Just like many other advanced exchanges, Binance has no deposit fee implemented on the website. That means that you can fill in your account for free. The exception could be when you use a credit card to buy crypto for fiat on the Binance website.
Binance wallet is a storage of all your assets coins, futures, lending, and margin that you have in Binance. An account with coins is opened by default- you can use it to exchange, withdraw, and deposit coins.
Futures and margin accounts can be opened by your request. The lending account can be customized after you make your first deposit. Here you can specify the interest rate, amount of funds that could be lent, etc.
When it comes to security Binance wallet is stated to be one of the safest among all. Moreover, with all those safety measures like 2FA, withdrawal whitelists, and anti-phishing codes, you can increase your wallet security dramatically. To start trading you need to login to Binance account and choose exchange. For beginners it is better to choose Basic exchange interface:. On this screenshot you can see Search field where you should type a coin code you want to trade.
Or you can choose one of the default ones:. If you scroll down, you will see where the orders can be customized and enabled:. This is one of the main elements of the interface which we are going to disclose in detail below.
On the screenshots below, you can see the Basic Binance trading interface and the way you can use it for your trading activity:. As you can see, there is an adjustable graph where you can analyze the price change, a table with the orders executed, and the price of the asset you chose to trade with compared to other assets. There are two modes for trading in Binance — Basic and Advanced. The interface of platforms looks almost the same, and the only difference is that in Advanced interface, you can use various Technical Indicators for a deeper analysis.
For example, in Advanced interface you can use Technical indicators like on the screenshot below:. All other features available for traders are the same no matter which kind of interface you use.
Thus, it is better to use the Basic interface until you get deeper into the technical analysis. When you enter the Basic trading interface and choose the trading pair, you should choose type of order. Market order is the simplest operation considering that you purchase specified amount of coins. Choose Market order, and specify the Amount of coins you want to buy on the market price. With a limit order, you can set up the price at which you will buy or sell the coin.
The amount can be specified in the corresponding fields. It was traded for Now we can specify the sum at which you are ready to purchase or sell the coin if you have one. That means the order will be executed on the conditions you specify. Here is how it works:. We also have specified that we buy at maximum of 3 BTC. As you can see on the screenshot above, we set the price at which BTC is sold, set the amount, but do not set the limit.
This function is valuable if you go on vacation or want to prevent losses when you are not able to make orders manually.
For example, you cannot set up the trailing stop loss. Though, if you use 3commas trading bot, you can find here advanced features to customize stop-loss orders, including trailing stop loss, stop limit, or limit order. Consider that no matter whether you buy or sell, there is a minimum trade order size. To figure it out for the BTC on the exchange page, move the mouse on the Trading Rules button, and you will see full info like on the screenshot:. The difference only starts from the moment you have entered the Exchange interface.
At the moment, there are coins supported by Binance. You can see the full list of coins and markets supported by the exchange on the Markets page.