How To Buy Cryptocurrencies With Binance?

in whatisblockchain •  7 years ago  (edited)

Binance is one of the newest crypto exchanges, which offers to buy a lot of cryptocurrencies with Bitcoin (BTC), Ethereum (ETH), Tether (USDT) or BinanceCoin (BNB). Binance gives you great opportunities in trading cryptocurrencies and gives a wallet for every coin which you can buy at Binance.

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First of all, to get started you need to send Bitcoin/Ethereum/Tether/BinanceCoin to your Binance wallet address from your crypto wallet. If you have Bitcoin, I would recommend you to change it into Ethereum and then send it to Binance, because it will be faster and cheaper. Just pick one of these 4 cryptocurrencies and click Deposit. And then send to the shown address.

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So how do you buy cryptocurrencies with Binance?

Well, if you already see your sent cryptocurrency in Binance, then click on Exchange - Basic.

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On the right side you can see a box where you can pick with which cryptocurrency (BTC, ETH, USDT or BNB) you want to buy altcoins and which altcoins you would love to buy.

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There's an option to buy cryptocurrency at that price that it is right now or you can enter the price you would love to buy cryptocurrency and Binance will automatically buy it when the price drops to what you've wrote.

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So just click on Buy and cryptocurrency should be in your Funds or will be in a few minutes. The same is with selling cryptocurrencies. Hope this helped.

👑Recommended Exchange - Binance: https://goo.gl/5mC8Mj
🔒Hardware Wallet: https://goo.gl/fGS2Z7

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