How to use Binance for buying and selling cryptocurrency

Binance has established itself as a prominent cryptocurrency exchange for individuals seeking to buy and sell digital assets. Since its inception in 2017 by Changpeng Zhao, Binance has grown in popularity and become a trusted platform. Moving its headquarters out of China further solidified its global presence.
One key aspect of using Binance, like many other exchanges, is the requirement of KYC (know your customer) verification. This process ensures the security and legitimacy of transactions by confirming the identity of users. On Binance, users can withdraw up to 2BTC once they have completed the KYC process.

How to buy cryptocurrency on Binance

1. Login or register on Binance.
2. Click on Markets and make sure that you are on the spot markets tab.

      3. In the search box type, e.g BTC, a list of different BTC pairs will display.

    4.  Select ETH/BTC. You will see the limit or market tab. With a limit order you can set the price you will like to sell or buy crypto or, With a Market order, you can sell or buy crypto at the current market price. 

    5. Set any price and click the Buy ETH button. Congrats! you have just bought crypto using Binance sport markets.

How to sell cryptocurrency on Binance

1. Login or register on Binance.
2. Click on Markets and make sure that you are on the spot markets tab.

    3. In the search box type, e.g BTC, a list of different BTC pairs will display.

     4.  Select ETH/BTC. You will see the limit or market tab. 

      5. Set any price and click the Sell ETH button