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How to make money selling u coins on Binance exchange

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Release: 2024-08-26 14:05:01
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Steps to make money selling U coins on Binance exchange: Register and verify a Binance account. Get U coins. Navigate to the buy and sell page. Select U Coin trading pair. Select the sell order type. Enter the sell quantity. Submit order. Monitor orders. Withdraw earnings.

How to make money selling u coins on Binance exchange

How to make money selling U coins on Binance exchange

Step 1: Register and verify a Binance account

Visit the official Binance website to register an account and complete the identity verification process.

Step 2: Obtain U Coins

Obtain U Coins through purchase or other methods. Binance supports multiple ways to obtain U Coin, including purchasing it directly or transferring it from an external wallet.

Step Three: Navigate to the Buy and Sell Page

After logging into your Binance account, navigate to the “Trading” tab and select “Classic” or “Advanced” mode.

Step 4: Select U Coin Trading Pair

Enter "U" in the trading pair selector and select the desired trading pair (for example, U/USDT).

Step Five: Select Sell Order Type

There are three sell order types:

  • Market Order:Sell your U coins immediately at the current market price.
  • Limit Order:Sell your U Coins at the price you specify or lower.
  • Stop Loss Order:Sell your U Coins when the price of U Coins reaches a specific price.

Step 6: Enter the selling quantity

Enter the number of U coins you want to sell. You can enter it manually or use preset options (for example, 50% or all).

Step Seven: Submit Order

After selecting your preferred order type and entering the quantity, click the "Sell" button to submit your order.

Step 8: Monitor your order

Your order will appear in the "My Orders" tab. You can monitor the status of your order until it is fully executed.

Step 9: Withdraw Profit

Once your order is executed, you can withdraw the proceeds to your bank account or other wallet.

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