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What are the requirements to sell a coin for BTC on Binance?

avatarShivadan DograDec 25, 2021 · 3 years ago3 answers

What are the specific requirements and steps to follow in order to sell a coin for BTC on Binance?

What are the requirements to sell a coin for BTC on Binance?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    To sell a coin for BTC on Binance, you need to meet certain requirements. First, you must have a Binance account and complete the identity verification process. This involves providing your personal information and verifying your identity. Once your account is verified, you can deposit the coin you want to sell into your Binance wallet. After the deposit is confirmed, you can navigate to the trading section, select the BTC trading pair for the coin you want to sell, and place a sell order. Make sure to set the desired price and quantity before confirming the order. Once the order is executed, you will receive BTC in your Binance account.
  • avatarDec 25, 2021 · 3 years ago
    Selling a coin for BTC on Binance is a straightforward process. First, you need to create an account on Binance and complete the necessary verification steps. Once your account is set up, you can deposit the coin you want to sell into your Binance wallet. After the deposit is confirmed, you can go to the trading section and select the BTC trading pair for the coin you want to sell. From there, you can place a sell order and specify the price and quantity. Once the order is filled, you will receive BTC in exchange for your coin.
  • avatarDec 25, 2021 · 3 years ago
    To sell a coin for BTC on Binance, you need to follow these steps. First, sign up for a Binance account and complete the verification process. Once your account is verified, deposit the coin you want to sell into your Binance wallet. Next, navigate to the trading section and select the BTC trading pair for the coin you want to sell. Place a sell order with your desired price and quantity. Once the order is matched with a buyer, the transaction will be executed and you will receive BTC in your Binance account. It's important to note that Binance may have specific requirements or restrictions for certain coins, so make sure to check the coin's listing details before attempting to sell it.