common-close-0
BYDFi
Trade wherever you are!

What is the process for buying bankrupt assets on Binance US and how does it work in the context of digital currencies?

avatarMuhammad KhateebDec 15, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for purchasing bankrupt assets on Binance US? How does this process work specifically in relation to digital currencies?

What is the process for buying bankrupt assets on Binance US and how does it work in the context of digital currencies?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    As an expert in the field, I can tell you that the process for buying bankrupt assets on Binance US is quite simple. First, you need to create an account on the platform and complete the necessary verification process. Once your account is set up, you can navigate to the bankrupt assets section and explore the available options. You can then place a bid or make an offer on the assets you are interested in. If your bid is accepted, you will need to complete the payment process to finalize the purchase. The assets will be transferred to your Binance US account. In the context of digital currencies, the process is similar, but instead of physical assets, you will be purchasing digital assets that were involved in bankruptcy cases. It's important to consider the potential risks and rewards associated with buying bankrupt assets and to conduct thorough research before making any investment decisions.