Binance Us Convert Btc To Eth

By reading the article “How To Exchange Ethereum To Bitcoin on Binance?” published in Adaas Investment Mag, you lot will get acquainted with
how to open up an account in the Binance Exchange and how to trade and withdraw cryptocurrencies
in full general. This level of familiarity tin can be enough when y’all need educational data about this topic.

Convert Ethereum to Bitcoin on Binance


With the
increasing popularity
of the cryptocurrency market among investors and traders new to the market, the
use of Binance exchange
to convert cryptocurrencies to each other has also increased.

Although Binance Exchange is 1 of the
cheapest centralized exchanges
today, some traders prefer to convert cryptocurrencies such equally Ethereum and Bitcoin
direct to each other for a lower fee
than the method of converting to a Stable Coin and and so other tokens.

To convert Etheruem to Bitcoin in Binance Exchange, all you have to do is
follow this tutorial to the stop
and convert any cryptocurrency yous want to without whatever mistakes.

How To Exchange Ethereum To Bitcoin on Binance

one- Register and log in to Binance


In order to exist able to
trade, deposit, and withdraw cryptocurrency
in the Binance exchange, y’all demand to first create
an business relationship with hallmark
in this exchange.

To do this, nosotros enter the website of this exchange and so we
register a user account
by clicking on the
Get Started button.

Note
Utilise a valid and verified email
in the Enter Email field. Considering account opening or withdrawal
confirmation codes
will be sent to your electronic mail and besides this email is your way of communication with the Binance platform back up team.



2- Deposit crypto or fiat currency


One time yous have opened your account, by
selecting the Wallet
tab in the peak bar of the folio, you will enter the deposit and withdrawal section of your account, and and so
select the Eolith

selection.

After entering the eolith folio, you will be provided with
two options
of depositing through cryptocurrency and depositing through Fiat currency.
Select the Crypto option
and then select the cryptocurrency you want such as Ethereum.



Once you have selected the desired token,
when receiving the deposit address,
be sure to select the blockchain on which your token is stored

in your wallet.

 For case, if your Ethereum token is based on Binance Smart Chain, select the BEP20 pick, and if information technology is stored on the Ethereum blockchain, select the ERC20 option to get the correct deposit address.

3- Trade or convert cryptocurrency in Binance


Once you take sent the cryptocurrency to the selected address and the
deposit process has been completed, information technology is fourth dimension to catechumen or trade your tokens.

Binance Exchange offers three options for
simple convert, advanced trades, and futures trading
. In this tutorial, we will explain the advanced trading part and then that we tin can catechumen Ethereum into Bitcoin
or whatever other cryptocurrency

in the shortest time and without fear of wrong trading.

To enter the cryptocurrency trading platform,
select the Trade option and and so Avant-garde. After
inbound the trading page
in Binance Substitution, nosotros will run into dissimilar sections such as price charts, trades reports, and ordering section.

To convert Ethereum to Bitcoin in the Binance Commutation, we must commencement select the ETH / BTC currency pair. To exercise this,
search for the proper name of the ETH/BTC
currency pair through the chart name in the
upper left corner of the price nautical chart.

Afterwards selecting the cryptocurrencies to be traded, if you lot desire to catechumen deposited Ethereum to bitcoin, yous must
select the Sell selection in the Place Order section
on the right side of the paradigm.

Binance Exchange provides you with more than 4 ordering models. In this tutorial, we volition use the
Market ordering
model so that our transaction is done correctly at the moment. Note that the
transaction fee
with the Market model
is slightly college

than other ordering models.

After selecting the Market selection, in the
Amount section
enter the
number of tokens
nosotros want to convert and then select the
Sell ETH button
to complete the transaction. In this transaction, Ethereum will be converted into bitcoin and stored in your wallet in the Binance exchange.

4- Withdrawal from Binance commutation


In one case yous have properly converted your Ethereum to Bitcoin, yous can, if you wish, withdraw your Bitcoins from the Binance exchange and
transfer them to your wallet
.

Information technology is good to know that Binance Commutation is always trying to provide maximum security for its users and you will not have to worry nearly losing assets, but storing assets in a non-custodial bitcoin wallet also
has its advantages.

To withdraw from the Binance Commutation, we must
enter the Wallet
folio and then
select the Withdraw
choice. And then on that page nosotros select the cryptocurrency we want to transfer.

In the Recipient’s Address field, we have to enter the address
where we can shop bitcoins
in our wallet, and in the
Corporeality field, we enter the
desired number of bitcoins
and click the
Submit
button.

At this stage,
depending on the type of security

of your business relationship, you must get through the steps of
confirming the withdrawal request
from the business relationship. For example, if you utilize the Google Authenticator application for two-footstep verification, in add-on to the verification code sent to the email, yous must too enter the code displayed in this application for this exchange to ostend your withdrawal request.

The end words


At Adaas Capital, we promise that by reading this article you will be fully immersed in How To Exchange Ethereum To Bitcoin on Binance. Yous can help u.s. improve
by sharing
this article which is published in Adaas Investment Magazine and assistance optimize this commodity by
submitting your comments.

FAQ

What should I do to use the Binance substitution?

To convert Ethereum to Bitcoin in Binance Exchange, all you have to exercise isfollow this tutorial to the endand convert any cryptocurrency you want to without any mistakes.

How to exchange ETH to BTC in Binance?

1- Annals And Log In To Binance
2- Deposit ETH tokens
3- Trade Or Convert ETH to BTC
four- Withdrawal From Binance

Source: https://adaascapital.net/how-to-exchange-ethereum-to-bitcoin-on-binance/

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