Binance exchange app novice buying coin graphic tutorial

To initiate the process of purchasing cryptocurrency on Binance, download the official app, establish an account, and undergo the identity verification procedure.

Oct 05, 2024 at 04:41 pm

1. Download the Binance App
   Download the Binance app from the official website or app store. Create an account and complete the identity verification process.
2. Fund Your Account
   To buy coins, you will need to fund your Binance account. You can do this by transferring fiat currency (e.g., USD, EUR) from your bank account or credit card. You can also fund your account with cryptocurrency from another wallet.
3. Choose a Coin
   Once your account is funded, decide which coin you want to buy. Binance offers a wide variety of coins, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
4. Select a Trading Pair
   Choose the trading pair for the coin you want to buy. For example, if you want to buy BTC, you would select the BTC/USDT trading pair.
5. Place a Buy Order
   Enter the amount of the coin you want to buy and the price you are willing to pay. You can choose between a limit order and a market order.
6. Confirm Your Order
   Review your order details and confirm it. Binance will process your order and execute it as soon as possible.
7. Check Your Balance
   Once your order is executed, your coin balance will be updated. You can view your balance in the "Assets" section of the Binance app.
8. Withdraw Your Coins
   If you want to withdraw your coins from Binance, select the "Withdraw" option in the "Assets" section. Enter the amount of coins you want to withdraw and the address of your destination wallet. Binance will process your withdrawal request and send your coins to the specified address.