common-close-0
BYDFi
Trade wherever you are!

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

avatarBatsal ShresthaDec 28, 2021 · 3 years ago3 answers

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?

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

3 answers

  • avatarDec 28, 2021 · 3 years ago
    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.
  • avatarDec 28, 2021 · 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.
  • avatarDec 28, 2021 · 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.