How can I sell crypto for less than 1 on Binance?
Gottlieb MccartyDec 15, 2021 · 3 years ago3 answers
I want to sell my cryptocurrency on Binance, but the current price is higher than 1. How can I sell it for less than 1?
3 answers
- Dec 15, 2021 · 3 years agoTo sell your cryptocurrency for less than 1 on Binance, you can try placing a limit order. This allows you to set the price at which you want to sell your crypto. Make sure to set the price lower than the current market price to increase the chances of your order being filled. However, keep in mind that there is no guarantee that your order will be executed if the market price does not reach your desired price.
- Dec 15, 2021 · 3 years agoSelling crypto for less than 1 on Binance can be tricky, but it's not impossible. One strategy you can try is to use Binance's OTC (Over-the-Counter) trading desk. OTC trading allows you to negotiate directly with a buyer or seller, which means you may be able to find someone willing to buy your crypto for less than 1. Keep in mind that OTC trading may have higher fees compared to regular trading on Binance.
- Dec 15, 2021 · 3 years agoIf you're looking to sell your crypto for less than 1 on Binance, you may want to consider using BYDFi. BYDFi is a decentralized finance platform that allows users to trade cryptocurrencies at competitive prices. With BYDFi, you can potentially find buyers who are willing to buy your crypto for less than 1. However, it's important to do your own research and understand the risks associated with decentralized finance before using BYDFi or any other platform.
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