Complete Guide on How to Trade on Binance DEX!
Hi Everyone This is a guide for **newbies** who wish to trade on **Binance DEX.** ****A little Intro about**** *****Binance DEX*********?**** `Binance DEX is based on the Peer-to-Peer (P2P) protocol and allows users to exchange crypto assets directly between each other. Binance DEX is created on a high powerful blockchain engine “Tendermint Core” with one-second block times, that provides the speed, which is also the same to centralized exchanges.` To trade on **Binance Dex** directly with your wallet funds,firstly you need a wallet I'll be giving examples with **Trust Wallet** and **Atomic Wallet.** ****Step 1- Download Wallet**** **1.Trust Wallet -****Download** https://share.trustwallet.com/NFiqmuI
**2.Atomic Wallet-****Download** https://atomicwallet.io/join?kid=1A8TS9
****Step 2-Create Wallet**** **-Install** App -Create **Multicoin-Wallet**
-Write down **12 seeds phrases** in ur notebook.(If you forgot these **12 phrases**,your wallet can ***NEVER*** be recovered.) ****Step 3-Fill the wallet with BNB**** To Trade on ***Binance DEX,*** you will need **Binance Coin(BNB)** mainly as all the coins listed on **DEX** are paired to **BNB.** **If you don't have BNB,you can buy from** **Binance****.** https://www.binance.com/en/register?ref=37392366 ****Step 4-Connect Your Wallet to**** *****Binance DEX***** First go to Binance DEX website. https://www.binance.org/en
Click ***Connect Wallet***
Click '**Get WalletConnect QR Code**' and you will be given a **QR code** which you have to scan with ur specific wallet. For **Trust Wallet,** **-**Open the **App**
**-**Click **Setting** Icon
**-**Click **WalletConnect** and scan **QR code** given from the site. For **Atomic Wallet**, -Open the **App**
**-**Click **Setting** Icon
**-**Click **WalletConnect** and scan **QR code** given from the site. After connecting your **Wallet To Binance DEX,**the **bnb** address of your Wallet will appear on the site like this and you can start trading the coins listed on **Binance Chain.**
Happy Trading **on Binance DEX!** **Share me your thoughts/questions about** ***Binance DEX.***
4 comments
Thanks for sharing
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