Nov 27, · What is the Minimum Order Size? The Minimum Order Size is a numerical representation of the minimum amount needed to be traded on a Exchange Market, expressed in the Primary currency. (the primary currency from a coin pair, is the left currency in each coin pair. Ex: BTC . Binance has lowered the minimum order size in the BTC trading market to BTC, down from BTC previously. Thanks for your support! Please refer to the link below for the latest trading rules: bitmoneylab.de
Binance btc minimum tradeBinance Affiliate Program | Binance Blog
On steps on how to trade on cryptocurrency exchanges like Binance, click here. Skip to content. Please share and grow the BitPinas community. Table of Contents. Register for Binance here. You will then see the registration page same as the image above. After completing the registration, click or tap on Register and they will then send you a verification email.
You can click on the link or copy it to your browser. Though highly lucrative, the Chinese government is wary of the technology, which they argue provides a way for its citizens to skirt their tightly regulated currency to move money outside the country. So far, Binance is the only major exchange to offer mobile apps for both Android and iOS.
Binance is free to install, so head on over to either the iOS App or Google Play Store, or tap on the links provided below. For iPhone users in particular, it's worth noting that Binance has had a history of being removed form the App Store — either by Apple or by Binance themselves.
So don't be surprised if it disappears from the iOS App Store yet again. That said, Binance has stated that the current version is its latest stable release, so grab it now while it's still available. If it gets taken off the App Store again, or if you don't mind dealing with some potential bugs in order to experience the latest that Binance has to offer, you always have the option of downloading the beta version instead.
We have guide on installing the beta iOS app directly from Binance, so check it out below. Binance only supports cryptocurrency deposits and withdrawals on their exchange — this means you can't transfer fiat currency like USD or EUR in and out of Binance. So to use the app, you'll first have to buy BTC, LTC, or ETH using an app like Coinbase or any other service that accepts traditional money , then transfer your newly acquired digital coin to Binance and start trading for alt-coins.
Binance makes trading cryptocurrency on your iPhone or Android relatively hassle-free, though it falls on you to do your research on your target alt-coin in order to minimize losses.
There are two main ways to buy and sell digital coins within the app, namely limit and market orders. In a nutshell, limit orders let you buy or sell alt-coins at a specific price, which is then placed on the books until the order is fulfilled. Due to market fluctuations, limit orders can take time to be fulfilled. Market orders are much simpler to execute and allow you to instantly buy or sell cryptocurrencies at their current price by tapping on either "Buy" or "Sell" after entering the desired amount.
The main disadvantage of this method is the inherent risk of missing out on opportunities. Binance charges a flat 0. The flat fee is applied automatically once a buy or sell order is fulfilled, and is deducted from the end cryptocurrency. Binance will then apply the 0. The 0. In essence, Binance's flat 0. The fee will then be deducted off your BNB wallet. As Binance explains it:. Fees are calculated from the currency you're receiving at a rate of 0.
If you have 0. Otherwise you pay 0. The discount decreases over time , however, and is cut by half every year for four years, then disappears entirely on the fifth year. It is also currently unknown how long Binance will offer the discount as new users stream in, so stay tuned as more concrete information surfaces regarding this matter. In addition to charging fees for executing cryptocurrency trades, Binance also charges a fee for making withdrawals out of their exchange, and there's a minimum amount that needs to be met or exceeded before Binance allows that transfer.
Both the minimum amount and fees vary from coin to coin. Crypto Communities. With Binance, you and your friend, Earn Together! Use this opportunity to share your Binance referral link with your followers. To apply, please fill out this form , and we will reach out to you. Less than BNB holding requirement waived. More than For each Affiliate, the referral commission rate will be adjusted first for 3 months that is, 90 days after the adjustment date , and upon the completion of 90 days, only affiliates that meet the below-mentioned criteria will continue to receive referral commission benefits.
Upon successfully meeting the minimum requirements, affiliates will receive a further 90 days extension at which time the next assessment will be conducted. Binance Blog.