How to Sell DOT on Binance Spot (with Real-Time Price Example)

Here’s a simple, engaging guide using Polkadot (DOT) as an example—showcasing how to sell at today’s price of $4.09.


Step-by-Step Guide:

1️⃣ Log In

Open the Binance app or website and sign into your account.

2️⃣ Go to Spot Trading

Web: Navigate to Trade → Spot

App: Tap Trade at the bottom, then select Spot

3️⃣ Choose the Right Trading Pair

Search for DOT/USDT if you want to sell DOT for USDT.

4️⃣ Pick Your Order Type:

Market Order: Sells instantly at the current price (~$4.09).

Limit Order: Set your own price (e.g., $4.20) and sell when that price is reached.

5️⃣ Set the Amount to Sell

Example: Selling 100 DOT at $4.09 = $409 USDT

Use quick buttons for 25%, 50%, 75%, or 100% of your DOT balance.

6️⃣ Confirm and Sell
Click or tap Sell DOT. Your USDT will show up in your Spot wallet—done!


Quick Tips:

Use Limit Orders to capture better prices above $4.09 if you anticipate upside.

Pay fees with BNB to enjoy a 25% discount on trading fees.

Check the charts—maybe DOT could spike to $4.20 or more before you sell! 😉