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How can I buy and sell in Binance? How do I sell an order on Binance?

coinbaseaccount

Sure! Here's how to buy and sell on Binance:

  1. Creating an Account: To begin, you need to create an account on Binance. Visit the Binance website and sign up using your email address. Complete the registration process by verifying your email.

  2. KYC Verification: For enhanced security and higher withdrawal limits, complete the KYC verification process. This involves submitting your ID and a selfie.

  3. Depositing Funds: Before you learn how to buy and sell on Binance, you need to deposit funds into your account. You can deposit cryptocurrencies from another wallet or use fiat currency through bank transfers or credit cards.

  4. How to Buy on Binance:

    • Go to the 'Markets' section.
    • Select the cryptocurrency you want to buy.
    • Click on 'Buy'.
    • Enter the amount and choose the order type (market order, limit order, etc.).
    • Confirm the purchase.

  5. How to Sell on Binance:

    • Navigate to the 'Markets' section.
    • Select the cryptocurrency you want to sell.
    • Click on 'Sell'.
    • Enter the amount and choose the order type (market order, limit order, etc.).
    • Confirm the sale.

  6. Trading on Binance: To understand how to buy and sell on Binance more effectively, explore different trading options like spot trading, margin trading, and futures trading.

  7. Withdraw Funds: Once you know how to buy and sell on Binance, you might want to withdraw your profits. Go to the 'Wallet' section and select 'Withdraw'. Choose the currency and follow the instructions to transfer it to your external wallet.

By following these steps, you'll master how to buy and sell on Binance. Remember, understanding how to buy and sell on Binance involves familiarizing yourself with various order types and trading strategies to maximize your gains.

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[–]coinbaseaccount[S] 0 points1 point ·  (0 children)

How to get a verified Binance account? Buying verified Binance accounts is against Binance's terms of service and is not recommended due to security and legal risks. Instead, here's how to properly get your own Binance account verified:

  1. Sign Up: Visit the Binance website or app and create an account using your email or phone number.

  2. Log In: After registering, log in to your Binance account.

  3. Navigate to Verification: Go to the user dashboard and select "Identification" or "Verify" from the account menu.

  4. Provide Personal Information: Enter your personal details such as name, date of birth, and address. Make sure this information matches your official documents.

  5. Upload Documents: Submit a government-issued ID (passport, driver's license, or ID card) and a selfie or a photo of yourself holding the ID. Some regions may also require proof of address, like a utility bill or bank statement.

  6. Complete Facial Verification: Follow the on-screen instructions to complete a facial recognition scan using your phone or webcam.

  7. Wait for Approval: Binance will review your documents and information. This process can take anywhere from a few hours to a few days.

  8. Verification Confirmation: Once approved, you will receive an email confirmation, and your account will have increased limits and access to more features.

Remember, it's essential to follow the official verification process to ensure the security of your account and compliance with regulations.

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