What are the rules for buying and selling Bitcoin on Binance?

Binance rules for buying and selling Bitcoin

Binance provides a variety of ways to buy and sell Bitcoin, including:

Spot trading:

• In the spot market, you can buy Bitcoin using a variety of fiat currencies or other cryptocurrencies.

• The minimum transaction amount for spot trading is 0.001 BTC.

• Binance charges a 0.1% trading fee for spot transactions.

Leveraged Trading:

• Leveraged trading allows you to borrow funds to amplify your trading position.

• Binance offers leverage trading up to 100x.

• Leveraged trading carries a higher risk, please use it with caution.

Contract Trading:

• Contract trading is a type of futures trading that allows you to trade at a specific price on a future date. Price to buy or sell Bitcoin.

• The risk of contract trading is high, please use it with caution.

Other rules:

• Binance requires all users to undergo real-name authentication.

• Binance has different trading rules for different regions.

• Please read Binance’s trading rules carefully to ensure you understand all relevant regulations.

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