common-close-0
BYDFi
Trade wherever you are!

Can you guide me on how to use Bitcoin to buy coins on Binance?

avatarGiorgiaDec 30, 2021 · 3 years ago3 answers

I'm new to cryptocurrency and I want to know how I can use Bitcoin to buy coins on Binance. Can you provide me with a step-by-step guide on how to do it?

Can you guide me on how to use Bitcoin to buy coins on Binance?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to use Bitcoin to buy coins on Binance: 1. Create an account on Binance if you haven't already. 2. Go to the 'Funds' tab and select 'Deposit' for Bitcoin. 3. Copy the Bitcoin deposit address provided by Binance. 4. Open your Bitcoin wallet and initiate a transfer to the Binance deposit address. 5. Wait for the transaction to be confirmed on the Bitcoin network. 6. Once the Bitcoin is credited to your Binance account, go to the 'Markets' tab and select the coin you want to buy. 7. Choose the trading pair that has Bitcoin as the base currency. 8. Enter the amount of the coin you want to buy and review the order details. 9. Click on 'Buy' to execute the trade. 10. Congratulations! You have successfully used Bitcoin to buy coins on Binance.
  • avatarDec 30, 2021 · 3 years ago
    No problem! Here's a simple guide to help you use Bitcoin to buy coins on Binance: 1. Sign up for an account on Binance if you haven't done so already. 2. Navigate to the 'Funds' section and click on 'Deposit' for Bitcoin. 3. Copy the Bitcoin deposit address provided by Binance. 4. Open your Bitcoin wallet and send the desired amount of Bitcoin to the Binance deposit address. 5. Wait for the transaction to be confirmed on the Bitcoin network. 6. Once the Bitcoin is deposited into your Binance account, go to the 'Markets' section and select the coin you want to buy. 7. Choose the trading pair that includes Bitcoin. 8. Enter the amount of the coin you wish to purchase and review the order details. 9. Click on 'Buy' to complete the transaction. 10. Congratulations! You have successfully used Bitcoin to buy coins on Binance.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide on how to use Bitcoin to buy coins on Binance: 1. First, create an account on Binance if you haven't already. 2. Once you're logged in, navigate to the 'Funds' tab and select 'Deposit' for Bitcoin. 3. Copy the Bitcoin deposit address provided by Binance. 4. Open your Bitcoin wallet and initiate a transfer to the Binance deposit address. 5. Wait for the transaction to be confirmed on the Bitcoin network. 6. Once the Bitcoin is credited to your Binance account, go to the 'Markets' tab and choose the coin you want to buy. 7. Select the trading pair that has Bitcoin as the base currency. 8. Enter the amount of the coin you want to buy and review the order details. 9. Click on 'Buy' to execute the trade. 10. Congratulations! You have successfully used Bitcoin to buy coins on Binance.