Gain Access to Binance by Trading Risk-Free on BitKan
Can’t trade on Binance? Try trading Binance’s liquidity on BitKan!
What can you do if you are unable to trade safely or access certain functions on Binance including spot trading and futures trading of cryptocurrencies? We have the answer for you!
5 Advantages of Using BitKan:
- Deep Aggregated Liquidity Pool
- Wide Selection of Cryptocurrencies
- Competitive Pricing and Trading Fees
- Minimal Slippage and Reduced Price Spreads
- Seamless Web and APP usage without the need for a VPN
If you have always wanted to buy your favourite coin on Binance, Huobi or OKEx, but you are unable to do so due to taking additional risks or the exchange has ceased its product offering in your country, fret not! With BitKan, you no longer need to use external applications such as a Virtual Private Network (VPN) to trade the coins listed on these exchanges anymore. In addition, you may trade stress-free on BitKan without worrying that your funds will be frozen in the midst of trading too. BitKan has emerged as a promising bridge to aggregate the trade options from various leading exchanges onto one single platform. We have an aggregated liquidity with over 800+ trading pairs generated across 8 of our partner exchanges.
You’ll be glad to know that our partner exchanges currently include Binance, OKEx, Huobi, Bitfinex, Poloniex, FTX, Gate, and Bit.com.This means that you will be able to find your favourite coins on BitKan as the intermediary gateway to our partner exchanges. The variety of coins being offered on all of BitKan’s exchange partners can also be bought and traded on BitKan. In fact, the entire liquidity across BitKan’s partner exchanges can be accessed through BitKan! With BitKan being the one-stop trading platform, traders can enjoy the best of both worlds when it comes to the variety of cryptocurrency tokens available coupled with the best prices in the market.
With BitKan, you can increase efficiency and profitability by up to 3 times via market-leading spreads. The aggregated liquidity on BitKan eliminates the costs of slippage with access to over 80% of available global liquidity. Traders also get to enjoy reduced price spreads which lead to lower trading costs and increased profits. Furthermore, prices across leading exchanges present opportunities for traders to exploit price differentials between exchanges. With over 1200+ trading pairs and futures to choose from, what are you waiting for?
Begin Trading on BitKan
We will use the LTC/BTC pair as an example to explain the operation of buying and selling coins through Spot Trading.
Step 1. Prepare Spot Trading Wallet With Coins
● Find out how to buy cryptocurrency with fiat currency
● Find out how to deposit coins onto BitKan
Step 1A. Transfer Coins from BitKan General Wallet to Bitkan Spot Trading Wallet
Click on [Wallet] at the bottom right of the APP. Next, click on [Transfer] which is located in the middle. This is the page where you can select which coin you would like to transfer from your BitKan General Wallet to your BitKan Spot Trading Wallet. Moving on, enter the amount you would like to transfer, and click [Transfer] to proceed accordingly.
Step 1B. Head on to Spot Trading section
Click on [Trade] at the bottom right of the APP. Next, click on [Spot] which is located at the top left of the screen. This is the page where you can begin to spot trade.
Step 1C. Search for LTC/BTC Trading Pair
Click on the search function on the top left of the screen beside the current trading pair (E.g. BTC/USDT), and enter the keyword “LTC” in the search box. Next, select your desired trading pair, which is LTC/BTC in this case.
Step 1D. In this section, you can choose to Buy or Sell. If you intend to buy, simply input your limit order, enter the amount you would like to buy and click [Buy LTC]. If you intend to sell, the process is similar. Simply input your limit order, enter the amount you would like to sell and click [Sell LTC].
There are 4 types of parameters you can customise:
● Limit Orders: set a price at which you want to buy/sell, and when the price reaches the preset price, a buy or sell operation is executed.
● Market Orice Orders: quick buy or sell at the current market price.
● Iceberg Order: Iceberg orders are large orders split up into a series of small limit orders. Typically, they are placed in this way to avoid disrupting the market with a single large order. Hence, this parameter automatically split the large single order into multiple orders. Next, it automatically performs small single orders according to the latest buy/sell price and the price strategy set by you.
● Stop Profit and Stop Loss: when the latest market price reaches the trigger price, the system will automatically lower the order price and quantity according to your pre-set order price.
To view the coin’s past transaction information, click on [History] on the bottom right corner of the APP.
Advantages of Spot Trading:
Prices are transparent and rely only on the supply and demand of the spot market. A spot market is different from a futures market, which often contains multiple reference prices. As a result, spot trading is more straightforward and accessible, especially to beginners. It has easy-to-understand rules, rewards, and risks. When you invest on the spot market, you can easily calculate your risk based on your entry and the current price. Furthermore, you can enter and exit a trade whenever you want. Unless you intend to make short-term trades, there is no need to constantly check on your investment.
Do you know that other than a desktop web, BitKan also has a fully fleshed-out mobile app for investors who do their crypto investing on the go? Most importantly, we place an emphasis on making BitKan a one-stop trading platform for all crypto traders. Give it a try today!
New to BitKan? Here are some crypto gifts for you!
1. Win Daily Crypto Rewards
2. Get a $100 BitKan Sign-Up Gift
3. Earn $100 For Every Friend You Refer
Benefits of BitKan Cryptocurrency Exchange:
- Receive the most recent daily news within the community
- Trade 1200+ coins across 8 exchanges with 1 BitKan account
- Use custom price alert and portfolio tracker at your fingertips
- Start a Spot, Futures, Automated Bot Trade, BitKan Earn & more
- Served 10+ million users in 170 countries with 9 years of experience
- Discover the latest events, coins & enjoy the best prices on Web & APP
- 8 Partner Exchanges Include Binance, OKX, Bitfinex, Gate.io, Huobi, MEXC, Poloniex, and Bit.com.
- Based in Singapore and Japan, BitKan holds the Digital Asset Exchange License from the Financial Services Agency of Japan.
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