QUESTION
How do I sell cryptocurrency on Binance?
ANSWER
To sell cryptocurrency on Binance, he must first have an account registered with the platform and pass any necessary verifications. Once he is logged in, he should deposit the cryptocurrency he wishes to sell into his Binance wallet. Then he navigates to the exchange section of Binance, where he can select the appropriate trading pair that matches the cryptocurrency he wants to sell with the currency he wants to get in return. Upon selecting the relevant trade pair, he enters the amount of cryptocurrency he wishes to sell. He can choose between different types of orders: limit, market, or stop-limit. For a quick transaction at current market prices, he selects a market order. After placing his order, it will be matched with buyers' orders on the order book. When his sale is complete, the resulting funds will appear in his Binance account balance, ready for withdrawal or further trading as per his desire.
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