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The BNB token is used to pay the exchange fees on Binance with a 50% discount. Tip 1: If you're planning to trade different cryptocurrencies, purchase some first. Enter the desired price (in BUSD) and the amount of SHIB you want to buy, then click the Buy SHIB button. If you want to buy SHIB when it reaches a specific price, use the Limit order. You can place your buy order under the chart. The SHIB/BUSD trading pair should appear.Īfter clicking on the trading pair, a price chart will appear in the center. On the top right corner, select BUSD and search for SHIB, which is the ticker for SHIBA INU.
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To place an order, go to Exchange > Basic.įor this step, you'll need to first acquire some BUSD or USDT.
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If you have multiple coins, you can use the search bar. If your deposit has already been processed, the coin and amount will appear on the list. If you would only like to see the coins which have a balance of over 0.001 BTC, click on Hide small assets. In order to check your balance, go to Funds > Balances in the navigation bar at the top of the website. We strongly advise you to deposit directly from your wallet. Tip 3: Depositing funds from one exchange to another can sometimes be limited by restrictions. Once the small amount reaches your Binance account, you can proceed to deposit the amount you would actually like to use for trading. Tip 2: For your first deposit, it is recommended to start with a small amount of ETH or BTC just to be safe. Tip 1: Depositing ETH is usually faster than depositing BTC, and comes with lower fees. It is quite common for the transaction to take up to half an hour to complete, so don't expect the funds to be available on your Binance account instantly. Send the amount you wish to deposit to the address you copied. Copy the address in its entirety and go to your wallet of choice. The address will be a string of numbers and letters(both lowercase and uppercase). The website will provide you with a deposit address for the cryptocurrency you selected. Enter the ticker ( BTC for Bitcoin, ETH for Ethereum) for the cryptocurrency you wish to deposit and select it from the drop-down menu. In order to make your deposit, go to the navigation bar at the top of the website and click Funds > Deposits.Ī search bar should appear on your screen. Note that only BUSD and USDT can be traded for SHIB on Binance. They both have trading pairs with the vast majority of cryptocurrencies listed on Binance and therefore give you the greatest amount of flexibility. The most convenient cryptocurrencies to deposit are and.
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How to buy Bitcoin (BTC) with a credit card on Binance ? 2. If you don’t own any cryptocurrency, you can get started by purchasing some BTC on Binance with a credit or debit card.
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No verification is required on Binance for withdrawals below 2 BTC per day, and the exchange also offers a mobile app for both iOS and Android devices. A major reason for Binance's popularity is its extensive selection of altcoins, which continues to grow with frequent additions.
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Register on Binanceīinance is one of the most widely used cryptocurrency exchanges in the world. In order to buy on Binance, you first need to open an account.