March 18, 2025

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Table Of Contents:

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Why Binance:

It is the largest crypto exchange globally, with high liquidity and good security.
Multiple methods to buy crypto using cash (fiat)
A large number of cryptocurrencies that are available to buy. </aside>

Setting up the Binance App for new users

Step 1: Click the Binance profile icon at the top left (i.e. The Yellow icon as shown below)

Step 2: At the bottom, Select BINANCE Pro to switch to Pro mode from Lite mode.

Spot

How to Buy or Sell Crypto Spot in Binance

Go to Market (tab at the bottom) in the homepage
In ‘Search Coin Pairs’ Search for the Crypto you want to sell
Select Sell
Select the Market option (if not pre-selected) instead of the Limit

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- NB: You can either sell in USDT or in ‘respective crypto’ units.
  - If USDT is selected as the units, the quantity field is called Total
  - If ‘Respective Crypto’ is selected as the units, the quantity field is called Amount </aside>
Option A: Sell USDT equivalent:
- Sell in base USDT by selecting the dropdown button next to Amount / Total.
- Select USDT
- Enter the Amount you want to sell in USDT in the Amount field
Option B: Sell in Crypto units:
- Sell in base ‘Respective Crypto” by selecting the dropdown button next to Amount / Total.
- Select ”Respective Crypto”
- Enter the Amount you want to sell in Respective Crypto in the Total field
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- Select Sell “Crypto” i.e. Sell BTC as shown in the image on the side