How to Use Binance App on PC: A Comprehensive Guide
Binance, one of the world's leading cryptocurrency exchanges, offers a user-friendly app that enables users to trade cryptocurrencies with ease. However, many users prefer using their desktop computers for trading due to larger screens and more comfortable typing environments. This guide will walk you through the steps to set up Binance on your PC, enabling you to leverage this powerful platform in a new way.
Step 1: Download Binance API Widget
The first step is downloading the Binance API Widget for your desktop browser. The widget allows you to access your Binance account directly from any web page and perform trades without leaving the site. To download, open your preferred web browser and follow these steps:
1. Go to [https://www.binance.com/en/futures/API](https://www.binance.com/en/futures/API).
2. Click on "Download Binance API Widget" under the widget section.
3. The widget will be downloaded in a .js format. Save it to your local device.
4. Open the file with any web browser (like Chrome, Firefox, or Safari) by right-clicking and selecting 'Open'.
5. After opening, you will receive a message prompting you to paste the code into your website.
6. Copy the generated widget script and navigate to your website editor if you are using WordPress or other content management systems.
7. Paste the copied script into the header section of your site (where you'd find other scripts), save it, and refresh your site for the widget to appear on every page.
Step 2: Access Binance from Any Web Page
Once the Binance API Widget is set up on your PC, you can access your account information, trade cryptocurrencies, and watchlist by navigating any web page. The widget will display the following sections:
1. Account: Displays balances and other account-related details.
2. Trading: Provides a list of trading pairs, allowing direct trade from anywhere on the internet.
3. Wallet: Shows your wallet balance and allows you to send or receive cryptocurrencies directly through the widget interface.
4. Futures Trading: For users with futures account balances, this section is enabled, showing futures trading options.
5. Withdraw/Deposit: Allows you to initiate withdrawal or deposit processes for various currencies without leaving your web page.
6. Watchlist: Manage and add cryptocurrencies of interest on the fly.
7. Market Detail: Provides live order book and market detail charts, enabling advanced trading strategies.
8. Account Status & Trading Fee Rate: Shows account status, trading fee rates, and other related details.
9. Help Center: Offers support links for Binance users.
10. API Widget Usage Guide: A brief guide on how to use the API widget on your website or webpage.
Step 3: Trading with Binance API Widget
Now that you have set up and configured the Binance API Widget, it's time for trading. Here are some basic steps in executing trades directly from your PC:
1. Click on 'Trading' to access a list of available trading pairs.
2. Choose a currency pair to trade. You can select from spot markets (like Binance Coin (BNB) / Tether (USDT)) or futures markets for advanced traders.
3. Clicking on the selected trading pair will display detailed information about the current price, order book, and other relevant details.
4. Place an Order: To place a trade, you have two options: Market and Limit orders. Market orders execute at the current market price, while limit orders set your desired buy/sell prices.
5. Enter the quantity of cryptocurrencies to be traded or specify the amount of funds to be used for trading in fiat currency (like USD).
6. Select whether you want to place a Buy or Sell order and proceed with the trade execution.
7. For futures traders, Binance API Widget also allows managing margin level, setting stop losses, and taking advantage of advanced trading options for cryptocurrency derivatives.
Conclusion
With this guide on how to use Binance app on PC, you can now trade cryptocurrencies directly from your desktop computer with the convenience of a mobile-like interface. The Binance API Widget offers flexibility, accessibility, and unparalleled trading experience to its users, making it an essential tool for both beginners and professionals in the world of cryptocurrency trading.