Is it possible to sell less than one coin on Binance?

I am new to trading on Binance and I was wondering if it's possible to sell a fraction of a coin on the platform. For example, if I have 0.5 Bitcoin, can I sell only 0.3 Bitcoin and keep the remaining 0.2 Bitcoin?

3 answers
- Yes, it is possible to sell less than one coin on Binance. The platform allows you to trade fractions of a coin, so you can sell a specific amount of your holdings without having to sell the entire coin. This feature is particularly useful for traders who want to manage their portfolio more precisely and take advantage of price movements.
Mar 18, 2022 · 3 years ago
- Absolutely! Binance supports trading with fractions of coins. You can sell any amount you want, even if it's less than one whole coin. This flexibility allows you to make more precise trades and take advantage of smaller price movements in the market. Just make sure to specify the exact amount you want to sell when placing your order.
Mar 18, 2022 · 3 years ago
- Yes, you can sell less than one coin on Binance. The platform offers a feature called 'Partial Sell' which allows you to sell a specific amount of a coin without selling the entire holding. This feature is especially useful when you want to take profits on a portion of your investment while still keeping some exposure to the market. Simply enter the amount you want to sell when placing your sell order on Binance.
Mar 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 99
How does cryptocurrency affect my tax return?
- 90
How can I minimize my tax liability when dealing with cryptocurrencies?
- 68
What are the best practices for reporting cryptocurrency on my taxes?
- 57
What are the advantages of using cryptocurrency for online transactions?
- 53
What are the tax implications of using cryptocurrency?
- 40
Are there any special tax rules for crypto investors?
- 36
What are the best digital currencies to invest in right now?
- 36
How can I buy Bitcoin with a credit card?