Binance.US makes trading easy, even when using our "Advanced Trading" screen. With this guide, you will learn how to trade crypto on our Advanced Trading feature, using either a Market Order or Limit Order. You can also learn more about the differences between Market and Limit orders here.
*Please note: Trades made using the Advanced Trading screen must have a minimum $10 USD order value. For orders smaller than this, or for a more streamlined experience, you can use the Buy & Sell (and Convert) page. For very large orders, we recommend using Limit, OTC, or even Iceberg orders.
How to Use a Market Order
Using a Market Order on the web
1. Log in to your Binance.US account
2. Hover over 'Trade,' which you will find at the top of the screen. Select 'Advanced Trading' from the drop-down menu
3. Alternatively, you can select 'Markets' (left of 'Trade') and click 'Trade' to the right of your desired trading pair (the currencies that you will trade between). This will also bring you to the Advanced Trading screen.
4. Once you're on the Advanced Trading screen you can also change your trading pair by clicking the trading pair displayed in the upper-left corner (in the example below: 'BTC/USD'). From the drop-down menu you can scroll to find, or search for, your desired trading pair.
5. Once you have chosen your trading pair, you can focus on the 'Place Order' section on the right-hand side of your screen to continue making your trade. Let's do a quick overview of the options available when placing a Market Order (below the image):
A. The BUY and SELL tabs. For this example, 'BUY' is selected. If you would like to place a sell order, click 'SELL.'
B. Tabs for Limit, Market, and Stop-Limit orders. For more information on the differences between the three order types, see here. In this example we are placing a 'Market' order, make sure the 'Market' tab is selected.
C. Your available balance. Which currency is displayed will depend on the following:
-For a BUY order: The currency you will be using to trade with (or spending).
-For a SELL order: The currency you will be trading for (or receiving).
D. The amount of the cryptocurrency you wish to buy or sell.
E. An optional slider, allowing you to quickly select a percentage of your balance (see C) to trade.
6. To move forward with the trade, click the bar that says "Buy BTC" (or whichever cryptocurrency you are trading for). Then confirm your order details in the pop-up window.
7. A pop-up will briefly display in the lower right-hand corner, confirming your trade.
8. Your Market Buy order can be viewed in the Open Orders section in the lower left of the screen. In this section, we will see the open Market Buy Order, as well as any other open orders. From here you can view details of your open orders, and cancel individual orders or all open orders.
Using a Market Order on the mobile app
1. Tap the 'Trade' icon on the bottom of your app screen
2. Tap the appropriate trading pair (the currencies that you will trade between). You can scroll down or use the search bar to find more trading pairs.
3. From the main screen for the trading pair you've selected, tap 'Buy' or 'Sell.' In this example we will be placing a Buy order (and thus tapping 'Buy'). If you'd like to place a Sell order, tap 'Sell.'
4. You can now begin to place your Market Order. Let's do a quick overview of the options available when placing a Market Order (below the image):
A. Tabs for Limit, Market, and Stop-Limit orders. For more information on the differences between the three order types, see here. In this example we are placing a 'Market' order, make sure the 'Market' tab is selected.
B. The amount of the cryptocurrency you wish to buy or sell.
C. The Price you will pay. For a Market Order you are accepting the current market price. This section also shows your available balance. Which currency is displayed for this balance will depend on the following:
-For a BUY order: The currency you will be using to trade with (or spending).
-For a SELL order: The currency you will be trading for (or receiving).
D. Optional percentage tabs, allowing you to quickly select a percentage of your balance (see C) to trade.
5. To move forward with the trade, tap the button that says "Place Buy Order." Then, confirm your order details in the pop-up window.
6. Your Market Buy order can be viewed in the Open Orders section for your chosen trading pair. In this section, we will see the open Market Buy Order, as well as any other open orders. You can tap on an order to get more details. From here you can also cancel the order.
How to Use a Limit Order
Using a Limit Order on the web
1. Log in to your Binance.US account
2. Hover over 'Trade,' which you will find at the top of the screen. Select 'Advanced Trading' from the drop-down menu.
3. Alternatively, you can select 'Markets' at the top of your screen and click 'Trade' to the right of your desired trading pair (the currencies that you will trade between). This will also bring you to the Advanced Trading screen.
4. Once you're on the Advanced Trading screen you can also change your trading pair by clicking the trading pair displayed in the upper-left corner (in the example below: 'BTC/USD'). From the drop-down menu you can scroll to find, or search for, your desired trading pair.
5. Once you have chosen your trading pair, you can focus on the 'Place Order' section on the right-hand side of your screen to continue making your trade. Let's do a quick overview of the options available when placing a Limit Order (below the image):
A. The BUY and SELL tabs. For this example, 'BUY' is selected. If you would like to place a sell order, click 'SELL.'
B. Tabs for Limit, Market, and Stop-Limit orders. For more information on the differences between the three order types, see here. In this example we are placing a 'Limit' order, make sure the 'Limit' tab is selected.
C. Your available balance. Which currency is displayed will depend on the following:
-For a BUY order: The currency you will be using to trade with (or spending).
-For a SELL order: The currency you will be trading for (or receiving).
D. The Limit Price of the cryptocurrency (in terms of USD) at which you are willing to buy or sell.
E. The amount of the cryptocurrency you wish to buy or sell at that price.
F. An optional slider, allowing you to quickly select a percentage of your balance (see C) to trade.
G. The total USD value you will pay for your buy, or receive for your sell.
In this example we are buying BTC, so we will use the Buy BTC section (A) to place a limit order. Here, enter the amount of BTC you would like to buy (E), and the price at which you would like to buy it (D). If you prefer to use a specific percentage of your USD balance for the purchase, you can use the slider (F) in the appropriate section.
6. To move forward with the trade, click the bar that says "Buy BTC" (or whichever cryptocurrency you are trading for). Then confirm your order details in the pop-up window.
7. A pop-up will briefly display in the lower right-hand corner, confirming your trade.
8. Your Limit Buy order can be viewed in the Open Orders section in the lower left of the screen. In this section, we will see the open Limit Buy Order, as well as any other open orders. From here you can view details of your open orders, and cancel individual orders or all open orders.
Using a Limit Order on the mobile app
1. Tap the 'Trade' icon on the bottom of your app screen
2. Tap the appropriate trading pair (the currencies that you will trade between). You can scroll down or use the search bar to find more trading pairs.
3. From the main screen for the trading pair you've selected, tap 'Buy' or 'Sell.' In this example we will be placing a Buy order (and thus tapping 'Buy'). If you'd like to place a Sell order, tap 'Sell.'
4. You can now begin to place your Limit Order. Let's do a quick overview of the options available when placing a Limit Order (below the image):
A. Tabs for Limit, Market, and Stop-Limit orders. For more information on the differences between the three order types, see here. In this example we are placing a 'Limit' order, make sure the 'Limit' tab is selected.
B. The Limit Price of the cryptocurrency (in terms of USD) at which you are willing to buy or sell.
C. The amount of the cryptocurrency you wish to buy or sell.
D. The total USD value you will pay for your buy, or receive for your sell.
E. Your available balance. Which currency is displayed for this balance will depend on the following:
-For a BUY order: The currency you will be using to trade with (or spending).
-For a SELL order: The currency you will be trading for (or receiving).
F. Optional percentage tabs, allowing you to quickly select a percentage of your balance (see E) to trade.
Enter the amount of BTC you would like to buy (C), and the price at which you would like to buy it (B). If you prefer to use a specific percentage of your USD balance for the purchase, you can use the percentage tabs (F) in the appropriate section.
5. To move forward with the trade, tap the button that says "Place Buy Order." Then, confirm your order details in the pop-up window.
6. Your Limit Buy order can be viewed in the Open Orders section for your chosen trading pair. In this section, we will see the open Limit Buy Order, as well as any other open orders. You can tap on an order to get more details. From here you can also cancel the order.
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