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What is the process of selling bitcoins on Binance?

avatarEG JeansNov 29, 2021 · 3 years ago3 answers

Can you explain the step-by-step process of selling bitcoins on Binance? I'm new to cryptocurrency trading and would like to understand how to sell my bitcoins on this platform.

What is the process of selling bitcoins on Binance?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Sure! Selling bitcoins on Binance is a straightforward process. First, you need to create an account on Binance and complete the necessary verification process. Once your account is set up, you can deposit your bitcoins into your Binance wallet. To do this, go to the 'Wallet' tab and select 'Deposit.' Choose Bitcoin as the cryptocurrency you want to deposit and copy the provided deposit address. Use this address to send your bitcoins from your personal wallet to your Binance wallet. Once the transaction is confirmed, your bitcoins will appear in your Binance account. To sell your bitcoins, go to the 'Trade' tab and select the BTC trading pair you want to use. Choose the 'Sell' option and enter the amount of bitcoins you want to sell. Review the details and confirm the transaction. Congratulations, you have successfully sold your bitcoins on Binance!
  • avatarNov 29, 2021 · 3 years ago
    Selling bitcoins on Binance is as easy as 1-2-3! First, sign in to your Binance account. If you don't have one, you'll need to create an account and complete the verification process. Once you're logged in, navigate to the 'Wallet' tab and select 'Deposit.' Choose Bitcoin as the cryptocurrency you want to deposit and copy the provided deposit address. Now, go to your personal wallet and send your bitcoins to the Binance deposit address. Once the transaction is confirmed, your bitcoins will be credited to your Binance account. To sell your bitcoins, go to the 'Trade' tab and select the BTC trading pair you prefer. Click on the 'Sell' option, enter the amount of bitcoins you wish to sell, and review the transaction details. Finally, click 'Confirm' to complete the sale. Voila! Your bitcoins are now sold on Binance!
  • avatarNov 29, 2021 · 3 years ago
    Selling bitcoins on Binance is a breeze! First, you'll need to create an account on Binance if you haven't already. Once you're logged in, go to the 'Wallet' tab and select 'Deposit.' Choose Bitcoin as the cryptocurrency and copy the deposit address. Now, open your personal wallet and send your bitcoins to the Binance deposit address. After the transaction is confirmed, your bitcoins will be available in your Binance account. To sell your bitcoins, head over to the 'Trade' tab and choose the BTC trading pair you want to use. Click on the 'Sell' option, enter the amount of bitcoins you want to sell, and review the details. When you're ready, click 'Confirm' to finalize the sale. That's it! Your bitcoins are successfully sold on Binance. Happy trading!