Binance App is a cryptocurrency exchange application for Android and iOS that brings buying, selling, trading and account balances into one interface. Binance also offers desktop clients for Windows, macOS and Linux. On mobile, its Lite and Pro modes provide different ways to work with the same service: a simplified purchase screen or a trading interface with charts and order controls. Trading requires an account and identity verification, and available assets, payment methods and services depend on the user’s region.
Binance Lite and Pro modes
Binance Lite puts prices, purchases and wallet balances close together. To buy cryptocurrency, the user selects an asset and enters either the amount of local currency to spend or the quantity of cryptocurrency to receive. The app displays an estimated quantity or price before the payment method is chosen. Supported channels can include a debit or credit card, an existing cash balance or local P2P payment options, depending on the country and currency.
Selling reverses that process: the amount can be entered as a quantity of cryptocurrency, a percentage of the holding or a desired fiat amount. The available payout channels determine how the proceeds can be received.
Binance App also allows a switch to Pro from the account area. Pro exposes additional charts, order types and P2P trading, alongside access to products such as margin, futures and options where available.
Spot orders
Spot trading works through asset pairs. The first asset in a pair is the one being bought or sold, while the second supplies the price denomination.
In Pro, the user selects the pair, chooses the buy or sell side and specifies the order type. A market order requests a trade at the current market price. A limit order instead carries a chosen price and quantity; a balance percentage control can be used to set how much of the available funds the order uses.
The order screen separates open orders from completed activity. A pending limit order appears under Open Orders, while the chart’s Order History option can display earlier orders for the selected pair. Binance App can also send a notification when an order is filled through its Spot/Margin order reminder preference.
Binance Convert
Binance Convert exchanges one supported asset for another through a quotation screen. For an instant conversion, the user selects the source and destination assets, enters the amount and previews the quantity to be received. The quote expires after a short period and is updated on the confirmation screen. Confirming submits the conversion request at that quoted price, with the resulting asset credited to the account if the transaction executes.
The Pro interface also offers recurring conversions. A plan specifies the assets, the amount for each transaction, the schedule and the account that receives the converted assets.
A Convert limit order uses a selected price and expiry period. Its assets are locked for the chosen duration, and an unexecuted order expires automatically; open orders can also be cancelled. Reaching a market price does not guarantee that Binance will execute the conversion.
Crypto transfers
Binance App receives cryptocurrency from external wallets through an on-chain deposit address. Selecting the coin and network produces an address and QR code, and the user can choose a Spot or Funding wallet as the deposit destination. The selected network must match the sending platform’s network. The deposit is credited after the required blockchain processing, whose timing depends on the network and its traffic.
For an outgoing transfer, the app takes the destination address, network and amount, then shows the network fee and the amount the recipient can receive. The user chooses the wallet balance to draw from and authorizes the withdrawal with a passkey or two-factor authentication. Asset History displays deposit and withdrawal status, giving these blockchain transfers a separate record from the app’s trading orders.
