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What is the process for trading BTC for ETH on Binance?

avatarMilaDec 18, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for trading Bitcoin (BTC) for Ethereum (ETH) on Binance? I'm new to cryptocurrency trading and would like to understand how to execute this specific trade on the Binance platform.

What is the process for trading BTC for ETH on Binance?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Trading BTC for ETH on Binance is a breeze! Here's how you can do it: 1. Open your Binance account and go to the trading dashboard. 2. Look for the BTC/ETH trading pair and click on it. 3. On the trading interface, you'll find the current price of ETH in BTC. 4. Decide whether you want to buy ETH or sell BTC for ETH. 5. If you want to buy ETH, enter the amount of BTC you want to spend. If you want to sell BTC for ETH, enter the amount of BTC you want to sell. 6. Review your order details and click on the 'Buy' or 'Sell' button to proceed. 7. Once the trade is executed, you'll see the updated ETH balance in your Binance account. That's it! You've successfully traded BTC for ETH on Binance. Enjoy your new ETH holdings!