Binance for the iPhone ▷ Everything about the Exchange iOS app!
Cryptocurrency prices can move exceptionally quickly within a few seconds. The Binance mobile app can be very helpful in such situations when you are on the go and need to do a quick crypto trade.
You have probably searched for the Binance iOS app in the Apple Store and could not find it. The official Binance iPhone app is currently still in beta and we will now show you how to set up this app.
How do you install the Binance iPhone app?
Before installing the app, you need to sign up for a Binance account.
A few facts about Binance:
Large selection of coins: Get access to over 100 cryptocurrencies.
· Easy to use: The stock exchange has probably one of the simplest user interfaces.
· Customer support: Multilingual support
- Binance App Download: Once you've created your account, open Safari on your iPhone and go to Download page from Binance.
- When you click the Install button, a notification will appear stating that the download is from an 'Untrusted Business Developer'. The reason for this is that the Binance iOS app was not listed in the iOS store.
- Adjust your iPhone trust settings to make your Binance download work. In order to do this:
* Open "Settings".
* Select "General".
* Click on "Device Management".
- Finally, you confirm that you trust the official developer, Hunan Shituo TechnologyDevelopment Co.
- Your Binance Mobile App is now ready for use. You are now able to enjoy all the usual trading functions.
How do you use the Binance app?
As soon as you log in, you will see the market screen. Directly below you can see all four trading pairs: BNB-Coin, Bitcoin, Ethereum and USD Tether. Select the trade pair you want to trade with.
To get to the trading screen, select the cryptocurrency you want to trade in the Markets area. If you wanted to trade Substratum with Bitcoin, you would click on the SUB / BTC market.
Clicking on a market takes you to the Binance Trading screen. Here you can see the various cryptocurrency charts, the trading volume and the processing of buy or sell orders.
Clicking the "Buy" button takes you to the order screen of the BinanceMobile app. Here you can choose to place a limit or a market order. Most people trading on the go will want to buy instantly at the current market price. To do this, click the Limit Order button to activate a drop-down menu and select "Market Order". This way you can buy at the current market price.
After you have selected the type of market order you want, in the next step enter the number of coins you want to buy. Click on the box under the market price "and a number pad will appear in which you can enter the number of coins.
Once you click the "Buy" button, your order will be processed.
Selling a cryptocurrency works the same way as buying it. Just make sure you select the "Sell" button on the top navigation bar of the trading screen. If you want to sell Substratum for Bitcoin in the Binance iOS app, you will see the following screen:
The Fund section
You can check the value of your balance, deposit or withdrawal by clicking the "Money" button at the bottom of the screen. In this section of the app you will also find a list of all the different cryptocurrencies that you have in your account.
Is the Binance iOS app safe?
Just because the Binance iOS app isn't in the Apple Store doesn't make the app unsafe. Lots of people have been using the app for months and haven't reported any problems. However, if you are uncomfortable with installing the app, you can always use the in-browser version of Binance on your phone. However, the Binance iOS app turned out to be one of the most useful crypto trading apps. It can only be expected that the official release of the app will offer even more functions and features. The Bitcoin News.one Team is in favor of downloading the app.
You should be aware that the official beta version may contain bugs.
If you want to read more information about the Binance Exchange, feel free to read our ultimate Binance Guide read.