![]() Access the Fee section on the website to know the rates for buying, selling or transfers. You can see the trade history, open orders and funds in your account once you begin to trade. Similarly you can also place a sell order. If you are a buyer, you have the option to place a buy order on market price or on a price below through Limit order. ![]() Like any stock trading platform, on Binance you can see the current price of a cryptocurrency, their volume traded and charts showing the opening, high, low and current price. There are no trading fees charged for P2P transactions and even the information of buyers and sellers are protected. There is also the P2P Exchange where you can buy and sell crypto with over 150 payment methods, including PayPal and cash. Stablecoins can be purchased through USD, Euros or Pound Sterling. On Binance, you can decide to hold the currency in wallet, trade, or send to anyone with their wallet address. You can also purchase currency with Visa or MasterCard. The stablecoins can then be used to buy a cryptocurrency on the exchange. To begin, registered users can buy coins listed through bank transfer. Do enable the 2 Factor Authentication (2FA) to protect your account from hackers. There will be a KYC verification after which all the features will be available to use. The fast and secure technology can be accessed on the web or smartphone app.Ī new account can be opened freely on the website. Binance supports the deposit of more than 150 cryptocurrencies. It can be used to trade as well as pay fees and purchase of goods. ![]() ![]() For the uninitiated, BNB is the native coin of the Binance Chain blockhain. Users can buy and sell Bitcoin, Ethereum, Ripple, Litecoin, Dogecoin, DeFi and BNB. Initially based in China, the company has now moved its headquarters to Cayman Islands. It further claims to manage 1,400,000 transactions per second. A combination of words Binary and Finance, Binance boasts of an average volume of 2 billion each day, making it the largest cryptocurrency exchange by volume. Binance is a growing cryptocurrency exchange founded by Chinese entrepreneur Changpeng Zhao. ![]()
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