How-To Use Easy Buy/Sell on Binance TH

The Easy Buy/Sell function on Binance TH  by Gulf Binance simplifies the process of converting cryptocurrencies quickly and efficiently. Follow these steps to convert your currencies hassle-free.

Step 1: Logging In and Accessing Easy Buy/Sell

Log in to your Binance TH account via Website or Application, then navigate to the [Easy Buy/Sell] section from the [Home] page.

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Application

You can click the [Buy/Sell] button to go to the "Easy Buy/Sell" page to proceed. 

Step 2: Selecting Conversion Details

(2.1) Choose Conversion [From]

Select the currency you wish to convert from e.g., THB.

(2.2) Choose Conversion [To]

Select the cryptocurrency you want to convert to (e.g., BTC, ETH, etc.)

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Application

Step 3: Entering Conversion Amount

Input the amount of currency you want to convert or select [MAX] for maximum conversion based on your available balance.

Step 4: Reviewing Conversion Details

Review the conversion details to check the current conversion rate and the estimated amount of cryptocurrency you will receive.

Note:

"Inverse Price" refers to the reciprocal relationship between two cryptocurrencies or digital assets. Specifically, it indicates the price of one asset in terms of another. For instance, if we know the standard price of 1 Thai Baht (THB) in USDT (Tether), the inverse price would be the value of 1 USDT in THB. This calculation is essential for traders and investors to understand the relative value of assets when converting between them.

Example:

Suppose the current market rate for Thai Baht (THB) is ฿30.00 per 1 USDT (Tether). To find the inverse price, we calculate how much 1 USDT is worth in THB:

- The standard price of 1 baht per 1 USDT is dividing 1 baht by 30.00, which equals 0.03333333 USDT.

- Inverse Price: 1 USDT is equal to 30.00 THB.

Step 5: Confirming and Executing Conversion

Confirm and Execute with 1 to 2 clicks to proceed with the transaction.

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Application

Note: 

• You have 8 seconds to confirm your order. If you do not confirm within the specified time, you will need to refresh the prices to proceed.

Step 6: Completion and Transaction Details

The Easy Buy/Sell system will complete your conversion instantly, and the corresponding amount of cryptocurrency will be deposited directly into your wallet.

Step 7.1: Viewing transaction details through the website

You can check your transaction history for detailed relevant information by

(7.1.1) Click the [View Status] button when the transaction is complete.

(7.1.2) Click the [Order] icon, select [Buy/Sell Orders] to view detailed information.

Step 7.2: Viewing Transaction Details via application

You can check your transaction history for detailed information by

(7.2.1) Click the [View Status] button when the transaction is completed.

(7.2.2) Click the [Transaction history] icon to view detailed information about the conversion.

For any questions or assistance, please contact our Customer Support team. Click

Start converting effortlessly with Binance TH today! Click