What is the process of converting bitcoin to cash on Binance?

3 answers

• Dec 25, 2021 · 3 years ago
  Sure! Converting bitcoin to cash on Binance involves a few simple steps. First, you need to create an account on Binance if you don't have one already. Once you're logged in, go to the 'Funds' tab and select 'Deposits'. Look for the Bitcoin (BTC) option and click on 'Deposit'. You'll be provided with a Bitcoin address. Copy this address and use it to transfer your bitcoin from your wallet or another exchange. After the transfer is confirmed, go back to the 'Funds' tab and select 'Spot'. Look for the Bitcoin (BTC) trading pair with your desired cash currency, such as USD or EUR. Click on it to open the trading page. On the trading page, you'll find the 'Sell' option. Enter the amount of bitcoin you want to sell and review the details. If everything looks good, click on 'Sell BTC' to execute the trade. Once the trade is completed, you'll have cash in your Binance account. You can then withdraw the cash to your bank account or use it for other trading activities.
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• Dec 25, 2021 · 3 years ago
  Converting bitcoin to cash on Binance is a straightforward process. First, you'll need to sign up for an account on Binance if you haven't already. Once you're logged in, navigate to the 'Funds' tab and click on 'Deposits'. Look for the Bitcoin (BTC) option and click on 'Deposit'. You'll be provided with a unique Bitcoin address. Use this address to transfer your bitcoin from your wallet or another exchange. Once the transfer is confirmed, go back to the 'Funds' tab and select 'Spot'. Look for the Bitcoin (BTC) trading pair with your desired cash currency, such as USD or EUR. Click on it to access the trading page. On the trading page, you'll find the 'Sell' option. Enter the amount of bitcoin you want to sell and review the trade details. If everything looks good, click on 'Sell BTC' to complete the transaction. After the trade is executed, you'll have cash in your Binance account, which you can withdraw to your bank account or use for other purposes.
  966322
• Dec 25, 2021 · 3 years ago
  Converting bitcoin to cash on Binance is a process that can be easily done. First, you'll need to create an account on Binance if you haven't already. Once you're logged in, go to the 'Funds' tab and select 'Deposits'. Look for the Bitcoin (BTC) option and click on 'Deposit'. You'll be given a unique Bitcoin address. Use this address to transfer your bitcoin from your wallet or another exchange. After the transfer is confirmed, return to the 'Funds' tab and choose 'Spot'. Look for the Bitcoin (BTC) trading pair with your desired cash currency, such as USD or EUR. Click on it to access the trading page. On the trading page, you'll find the 'Sell' option. Enter the amount of bitcoin you want to sell and review the trade details. If everything looks good, click on 'Sell BTC' to finalize the trade. Once the trade is completed, you'll have cash in your Binance account, ready to be withdrawn or used for further trading.
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