How to Sell Crypto on the Binance App

Step 1: Download and Set Up the Binance App
Before you can sell cryptocurrency, you need to have the Binance app installed on your mobile device. Search for "Binance" in the App Store (for iOS users) or Google Play Store (for Android users) and download the app. Once installed, open the app and sign up for a Binance account if you haven't already. You'll need to provide some personal information and verify your identity.

Step 2: Deposit Crypto into Your Binance Account
If you already have cryptocurrency that you want to sell, you'll need to deposit it into your Binance account. To do this, follow these steps:

1. Open the Binance App: Log in to your account.
2. Navigate to Wallet: Tap on the "Wallet" icon at the bottom of the screen.
3. Select Deposit: Choose "Deposit" and then select the cryptocurrency you want to deposit.
4. Generate Deposit Address: Binance will provide you with a deposit address. Copy this address and use it to transfer your crypto from another wallet or exchange to Binance.

Step 3: Access the Trading Screen
Once your cryptocurrency is in your Binance account, you need to access the trading screen:

1. Open the Binance App: Log in if necessary.
2. Navigate to Trade: Tap on the "Trade" button at the bottom of the screen.
3. Select the Trading Pair: Choose the cryptocurrency you want to sell and select the corresponding trading pair (e.g., BTC/USDT if you're selling Bitcoin for USDT).

Step 4: Place a Sell Order
To sell your cryptocurrency, you'll need to place a sell order. There are two main types of sell orders: market orders and limit orders.

1. Market Order: This order type sells your cryptocurrency immediately at the current market price. To place a market order:
   • Choose Market: Select "Market" from the order types.
   • Enter Amount: Specify the amount of cryptocurrency you want to sell.
   • Confirm: Review the details and confirm the order.
2. Limit Order: This order type sells your cryptocurrency at a specified price. To place a limit order:
   • Choose Limit: Select "Limit" from the order types.
   • Set Price: Enter the price at which you want to sell your cryptocurrency.
   • Enter Amount: Specify the amount you want to sell.
   • Confirm: Review and confirm the order.

Step 5: Monitor Your Order
Once you've placed your sell order, you can monitor its status:

1. Navigate to Orders: Tap on the "Orders" tab in the app.
2. Check Status: View your active and completed orders. For limit orders, you might need to wait until the price reaches your specified level.

Step 6: Withdraw Your Funds
After your sell order has been completed, you can withdraw your funds:

1. Go to Wallet: Open the "Wallet" tab.
2. Select Withdraw: Choose "Withdraw" and then select the currency you wish to withdraw.
3. Enter Withdrawal Details: Provide the necessary details for your withdrawal, such as your bank account information or external wallet address.
4. Confirm Withdrawal: Review the details and confirm the withdrawal.

Additional Tips:

• Security: Always enable two-factor authentication (2FA) on your Binance account for added security.
• Fees: Be aware of the trading and withdrawal fees that may apply.
• Market Conditions: Monitor market conditions to make informed decisions about when to sell your crypto.

By following these steps, you'll be able to successfully sell cryptocurrency on the Binance app. Happy trading!