In brief
Binance Lite is a simplified version of the Binance App. Its purpose is to make buying and selling cryptocurrencies easier, even for those new to cryptocurrency trading. With Binance Lite, users can track the prices of popular cryptocurrencies, purchase and check wallet balances, or sign up for Binance Earn products in just a few steps.
Note, you can access the Binance Lite feature right in the Binance App. You don't need to download another app. If you can't find this feature, you may need to update the Binance app.
Introduce
As cryptocurrencies continue to grow in popularity, the growing number of exchanges and trading instruments can be an obstacle for new users. To make it easier for people to buy bitcoin and other popular cryptocurrencies, Binance has launched a simplified version of the Binance app, which is called Binance Lite. This functionality is now available to all Binance users.
What is Binance Lite?
Binance Lite is a simplified version of the Binance app. It offers an intuitive interface with minimal information on the app homepage. Users will only see basic features when they use this version of the app. This makes Lite mode the optimal choice for those new to cryptocurrency and new to Binance. Additionally, if you are using an older mobile device or have internet connection limitations, Binance Lite may offer better performance than the classic Pro version.
Currently, Binance Lite is the default interface displayed when users use the Binance app for the first time. Users can easily switch between Lite and Pro modes at any time, depending on their preferences and trading needs. To change the app mode, tap the profile icon in the top left corner and enable the [Binance Lite] button next to it.
So sánh với Binance Pro, Binance Lite đã cải thiện khả năng sử dụng của mình, giúp người dùng mới có thể dễ dàng nắm bắt hơn. Trong phiên bản Lite, người dùng chỉ thấy giá của các loại tiền mã hóa phổ biến trên trang chủ của ứng dụng, cùng với đường màu xanh lá cây hoặc màu đỏ thể hiện xu hướng giá trong một khoảng thời gian nhất định. Mặc dù giao diện này khá đơn giản, nhưng người dùng vẫn có thể tùy ý sắp xếp các đồng tiền theo mức độ phổ biến, vốn hóa thị trường, giá cả và theo dõi các thay đổi trong 24 giờ. Người dùng cũng có thể chạm vào một đồng tiền cụ thể để tìm hiểu xu hướng giá của nó trên biểu đồ hình nến tương đối dễ đọc. Biểu đồ này còn có thể được tùy chỉnh để hiển thị xu hướng giá trong các khoảng thời gian khác nhau. Thông tin và tin tức về từng loại tiền mã hóa vẫn được sắp xếp ở dưới cùng.
Users can quickly buy cryptocurrency in just a few steps on Binance Lite. All they need to do is click the [Trade] button on the cryptocurrency page. Select the fiat currency you want to use, enter the amount to buy and select the payment method to confirm the order. After purchasing cryptocurrency, users can view the purchased amount in their wallet. The same goes for selling cryptocurrencies. Click [Sell] in the top right corner or use the [Convert] function to convert between different currencies.
In addition to basic trading functions, Binance Lite also offers various Binance Earn products for users to increase their cryptocurrency holdings. Binance Earn is similar to a savings account, users can put their idle money into BNB Vault or Flexible Savings to receive stable profits. The Binance Earn product is flexible, users can deposit funds, earn interest, and withdraw them at any time without having to pay transaction fees.
To sign up for Binance Earn products, tap the Earn banner on the app homepage. Users will also see all available coins and the corresponding estimated APY.
For more information on how to use Binance Lite, read the detailed guide here: Start Using Binance Lite to Buy and Sell Cryptocurrency.
What is the difference between Binance Lite and Binance Binance Pro?
As mentioned, Binance Lite mode is the default mode for all first-time users. This mode has a user-friendly interface, especially for users new to cryptocurrency trading, allowing them to quickly view prices and buy tokens right from the home page.
Although the product's more complex functions have been removed from Lite mode, users can still use the most core features from the navigation bar at the bottom. Users can tap the yellow icon in the middle to buy, sell, or convert cryptocurrencies, and tap the wallet icon to check their balance, asset allocation, and portfolio value.
Binance Lite is suitable for users new to cryptocurrency trading. Meanwhile, Binance Professional offers a variety of flexible trading functions such as Futures Trading, Options Trading, and Margin Trading to meet the needs of professional traders. The trading interface on the Pro version will be more detailed and offer a variety of advanced charting tools, as well as order types. In addition to the more complex interface, users can trade on Binance P2P with other users or accumulate additional crypto assets using the various staking options available on Binance Earn.
summary
If you are a regular or experienced trader, the Pro version may be a better choice, as it offers many features and trading tools for you to take advantage of diverse products and services. of Binance. If you are new to this field and are looking for the quickest and easiest way to get started, we recommend using Lite mode first. No matter which version you use, you can test both and easily switch from Binance Lite to Pro or vice versa.
