Summary

Binance Lite is a simplified version of the Binance App. It is designed to make buying and selling cryptocurrencies easier for those new to cryptocurrency trading. On Binance Lite, users can check the prices of popular cryptocurrencies, buy, check their wallet balance, or subscribe to Binance financial products in just a few simple steps.

Note that you can access Binance Lite features in the Binance App without downloading another app. If you can’t find the relevant feature, please check if your Binance App needs an update.

Introduction

Cryptocurrency has become more and more popular, and it has also given rise to more and more There are more and more trading platforms and trading tools, which may bring certain challenges to users, especially new users. To make it easier for everyone to buy Bitcoin and other popular cryptocurrencies, Binance has launched a simplified version of the Binance App called Binance Lite. This feature is now available to most Binance users.

What is Binance Lite?

Binance Lite is a simplified version of the Binance App. It provides an intuitive interface and reduces the information displayed on the App homepage. Users can only see basic features when launching the app, making the Lite version ideal for cryptocurrency newbies and new Binance users. Additionally, if you are using an older mobile device or have a limited internet connection, Binance Lite offers better performance than Classic Pro.

Currently, Binance Lite is the default interface when users open the Binance App for the first time. Users can easily switch between the simple and professional modes at any time according to their preferences and trading needs. To switch to App mode, tap the profile icon in the upper left corner and toggle the button next to [Binance Lite].

Compared to Binance Pro, Binance Lite improves usability and makes it easier for new users to navigate. In Binance Lite, users will only see the prices of the more popular cryptocurrencies on the app’s homepage, along with a green or red line representing the price trend over a given time period. Although the interface is simple, users can still sort tokens based on popularity, market cap, price and 24-hour volatility. They can also tap on a specific token to see its price trend on an easy-to-read candlestick chart that can be customized to show trends over different time periods. Information and news about this coin are shown at the bottom.

In Binance Lite, users can buy cryptocurrencies in just a few simple steps, just click on the token Click the [Transaction] button on the page, select the legal currency to be used, enter the purchase amount, select the payment method and confirm the order. Users can then view the purchased tokens in their wallet. Selling tokens also takes just a few simple steps. Tap [Sell] in the upper right corner, or use the [Exchange] function to exchange between different tokens.

In addition to basic trading functions, Binance Lite also provides other financial products to allow users to increase their cryptocurrency holdings. Binance Finance is similar to a savings account. Users can use their idle tokens to subscribe for BNB Super Mining or Binance Savings Current and obtain stable income. The flexibility of financial management products means that users can deposit funds, earn interest, and redeem funds at any time without paying transaction fees.

To subscribe to Binance financial products, please tap the financial management banner on the App homepage. Users will see all available tokens, along with their respective APY estimates.

For more information on how to use Binance Lite, check out this step-by-step guide: Binance Lite EditionA Beginner’s Guide to Buying and Selling Cryptocurrencies.

What is the difference between Binance Lite and Binance Pro?

As mentioned above, Binance Lite mode is the default mode for all first-time users. It's more user-friendly for those new to cryptocurrency trading, allowing them to quickly check prices and make purchases from the homepage dashboard.

Although more complex product features have been removed from the light version, the most commonly used core features are still easily accessible through the navigation bar at the bottom. Users can tap the yellow icon in the center to buy, sell or exchange cryptocurrencies, or tap the wallet icon to view wallet balance, asset allocation and portfolio value.

On the other hand, Binance Pro offers diverse trading features to meet the needs of professional traders, such as futures Trading, Options Trading and Margin Trading. The professional version's trading interface is more powerful and provides advanced charting tools and order types. In addition to a more sophisticated interface, users can trade with other users on Binance P2P or grow their crypto assets through various staking programs on Binance Money.

Summary

If you are an active or experienced trader, the Pro version may be a better choice as it offers more features and trading tools , allowing you to take advantage of the various Binance products and services we offer. If you're new to this and looking for a quick and easy way to get started, we recommend starting with the light mode. Whichever you choose, you have both options, as switching between Lite and Pro is simple.