To deposit any cryptocurrency on Binance you have to move to spot wallet and choose the cryptocurrency you want to deposit. Click the deposit button from the corresponding cryptocurrency. Now a screen something like below pops up. Once you will choose the cryptocurrency from 1, it will show you a deposit address. After the login, please click [Wallet] - [Spot Wallet] on the upper right-hand side of the page, and then click on [Deposit]. 3. Input the abbreviation or full name of a coin/token that you want to deposit or select it from the list. 4. Take Bitcoin (BTC) as an example, after confirming the address, copy it into the [Recipient's BTC Address] field, and enter the withdrawal amount. The system will automatically calculate the handling fee and give the actual arrival amount: actual arrival amount = withdrawal amount-withdrawal fee.
How to deposit bitcoin on binanceBinance Review: Fees, Deposits/Withdrawals, Purchase Limits – Tokens24
The Trades, tab is where you will be doing all the transactions related to your purchase and sales. The funds tab is your wallet, that will show you, your profits and current balance in your account. But to have a chance to view all of these, like stated earlier- one needs to register themselves to move forward. Enter your existing email id and a password of your choice to register.
On doing that, the page will send a verification code to your mail. Go back to your mail and copy the 6 digit code. Enter this code in the space provided to proceed further. Once you successfully finish that, your account will be ready and you can start trading. Before you start making your trade calls on the app, you will first need to secure your account using the various security measures provided.
This is to keep your account secure in case of any compromise or breach of security and safe guard your account. The app uses a 2FA 2 — Factor Authentication protocol to secure your account. You can use either of the two options provided. To enable the Google Auth, follow the instructions provided on the website to dot and set it up. You will also need an account with an exchange that allows you to buy a major crypto e. Then you deposit those coins into Binance.
Tap on it to add the particular to your favorites tab for easier access. Here you can easily sell or buy the coins you want. Put in the amount of coins you want, or click the percentage based on what is in your wallet. Seems like everyone has caught onto the Bitcoin bug and it has turned out to be quite a revolution in these past couple of months. The demand for bitcoins was relatively low earlier, due to its lesser significance.
But a sudden splurge of activities around the world has made this little wonder a global phenomenon. The millennial generation swear by Bitcoins and believes that it is the future.
The demand has been real and its meteoric rise is relatively due to all the attention it has been getting through media and other sources. Future stock markets and trading are set to be built upon Bitcoins because of its wide range of benefits. To facilitate this process, there are many online trading platforms that now accept Bitcoins as a source for trading.
One such app is Binance that has been around for quiet some time and also has a lot of positive feedback. Once you click on buy or sell it will go to 7, ie open orders. Once you order, the order comes here until it gets fully executed.
You can learn about margin trading here. To deposit any cryptocurrency on Binance you have to move to spot wallet and choose the cryptocurrency you want to deposit. Click the deposit button from the corresponding cryptocurrency. Now a screen something like below pops up. Once you will choose the cryptocurrency from 1, it will show you a deposit address. The instructions are quite clear, send the cryptos to this correct address or you will lose your crypto.
Copy this address given in 2 and use it to withdraw from other exchange or wallet. To withdraw any cryptocurrency from Binance you have to go to spot wallet and click on withdraw on specific cryptocurrency. You will screen something like below. Choose the cryptocurrency from 1, choose the amount you want to send in 2, put down the address and click send.
This is necessary and required for a proper transition. You can also check the status of your withdrawal in deposit and withdraw history from the left menu. In conclusion, we understand how to use Binance in all ways as a beginner. You can consider it as the ultimate guide to understand how to trade, deposit or withdraw any cryptocurrency in Binance.
We understand the User interface of Binance, understand its structure and use it without additional help. Found this article interesting or helpful?
Comment and Share it with your friends. You can also follow me there for more articles. You can also request for an article here on cryptocurrencies. What is Binance? How to Register on Binance? What is Wallet in Binance? In Binance we are going to use Spot Wallet so we will explain what it is and how to use it.
What is Spot Wallet? How to trade any cryptocurrency in Binance? This is Binance update spot, their latest news, everything they want to tell their users they show it here. This is the graph section, whatever you choose from 3. The graph of that will be shown here. The ups and downs show the cryptocurrencies price over a period of time. The top left on 2, will give you graphs for hours, weeks and months. These are the list of all the cryptocurrency trade pair that you can buy or sell on Binance.
Click on any of them and the whole page refreshes for that specific pair. This spot gives you live trading details. The live trades that are currently going on. How to Deposit any cryptocurrency in Binance To deposit any cryptocurrency on Binance you have to move to spot wallet and choose the cryptocurrency you want to deposit.
How to withdraw any cryptocurrency in Binance To withdraw any cryptocurrency from Binance you have to go to spot wallet and click on withdraw on specific cryptocurrency. Conclusion In conclusion, we understand how to use Binance in all ways as a beginner. Pingback: How to earn Bitcoin for free genuinely online - TechCrook. Pingback: What is cryptocurrency trading? Pingback: How to invest in cryptocurrencies to get 3x return in one month - TechCrook. Pingback: Why or why not to invest in cryptocurrency like Bitcoin - TechCrook.
Pingback: How easy and secure to invest in cryptocurrencies - TechCrook. Daniel Komirik. I love to research and find out crazy stuff. I love technical challenges. I started writing as a student for fun, now I started loving it.
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