Binance is a popular cryptocurrency exchange that allows users to trade a wide variety of digital assets, including Bitcoin, Ethereum, Litecoin, and many others. It was founded in 2017 by Changpeng Zhao and has quickly become one of the largest exchanges in the world by trading volume. Binance offers a user-friendly platform that is suitable for both novice and experienced traders. The exchange has a low trading fee, and also offers margin trading, spot trading, and futures trading. Additionally, Binance has its own cryptocurrency, called Binance Coin (BNB), which can be used to pay for trading fees on the exchange.
Do you know how to buy cryptocurrency from your favorite crypto exchange using fiat currency?
Yes
Binance P2P is a peer-to-peer trading platform that allows users to buy and sell cryptocurrency directly with other users, rather than through a centralized exchange. To buy cryptocurrency using Binance P2P, you will need to first create an account on the Binance website and verify your identity. Once you have done this, you can search for sellers who are offering the cryptocurrency you wish to buy, and place an order to purchase it. You can pay for the cryptocurrency using a variety of methods, including bank transfer or credit card. It is important to be cautious when buying or selling cryptocurrency on P2P platforms, as there is a higher risk of fraud compared to centralized exchanges. Make sure you verify the identity of the person you are buying from and ensure that the payment method you choose is secure
Open binace application and chose P2P and lets start
Select add and before that change the currency to your currency type, see the ratings of the seller
Enter the amount of Usdt you want to buy and then selecte ok with in 15 mint seller must pay your ammount and if it isnt you can add appel against seller
Red circle show currency change tab you can chose your pament currency type
We generally buy stablecoins because their value does not go up or down much stable cryptocurrency are USDt,BUSD
Binace have steem coin
I have bought Steem Coin through Binance several times and credited it to my steemit wallet.selling cryptocurrency currency is much easier than buying cryptocurrency according to my choise.
Thank you @josepha holding such a good contest have a nice day
Thank you for sharing posts, improve the quality of your posts and stay original.
Observation: You have done well in showing us the steps in buying and selling cryptos from your favorite crypto exchange Binance. Binance is indeed, a world class crypto exchange.
Have a nice day !
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Thank you 🤝
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Please correct your hastage immediately. Use hastage of #steemexclusive properly.
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Corrected my mistake
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Your post has been supported by @josepha from team 2 of the Community Curation Program, at 30%. We invite you to continue sharing quality content on the platform, and continue to enjoy support, and also a likely spot in our weekly top 7.
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thank you @steemcurator05
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Your post has been successfully curated by @fredquantum at 30%.
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