This is the address where you should be sending your new coins that you got from Coinbase. Closeup of the “Deposit” and “Withdrawal” buttons Zoomed out to see the whole line. Yes, that is my real BTC address! From Coinbase, you input your address that you get from Binance. Once you send your BTC or ETH into your respective Binance wallet, then you are ready to actually start trading on Binance and proceed to the next step!
This is the moment we’ve been waiting for. We’ll briefly explain each part. The first thing we’ll do is configure which crypto pair we want to trade. To get to this page directly, here’s the link: On the left is a giant line chart price over time. One of my favorite visuals is the “Depth” chart, or a visual representation of the “Order Book”.
Deposit Bitcoin into Binance
Click on “Depth” to see all of the buy orders and all of the sell orders that people have placed and are waiting to trade on. At the middle is where the buyers and sellers are closest together. These prices are what you will want to trade against. On the right is a seemingly complicated table of numbers. Red numbers are “sell orders” that go down in value from top down, where they meet in the middle with the Green numbers, which are “buy orders” that go up in value from bottom up.
The bigger number in the middle 0. You can get a general sense of buy or sell patterns and size of orders going through recently. In the screenshot above, you can see a huge order went through at Finally, the bottom right is the actual execution prompt that lets us buy and sell BNB.
We’ll only deal with the left side, as we want to buy BNB and not sell it right now. If we click on the input box, it will show us the maximum number of BNB we can buy based on our balance and price. After clicking “BUY”, then my order will either be executed or sit in the order book at that ETH price, waiting for someone else to trade against it. There is a new option for “Market” buy see screenshots below And finally, on the bottom left, you can see all of your “Open Orders”, as well as your “Trade History” and “Funds”.
Here you can see I have an open order to buy 10 BNB for 0.