Binance Lite and Binance Pro – Comparison of the Two

This is a review between Binance Lite and Binance Pro, we will evaluate some of its points of difference. On both of the platforms, you will have to go through the Binance login verification process. And then we will tell you which platform should be used as per our assessment. We will study both platforms separately. Without making you wait any more let’s begin our analysis.

Introduction to Binance Lite

Binance Lite was introduced in February 2021 by Binance Exchange. The motive behind it was to make it easy for crypto users to buy and sell currencies easily. This exchange is already in integration with Binance therefore Binance lite app can be easily downloaded from the Google Play store. The benefit of this platform is that the users can view price changes in the currencies without having to open the whole chart book.

Overview of Binance Pro

Moving further in our review of Binance Lite and Binance Pro our next topic is some details of Binance Pro. This Binance Pro app was introduced for seasoned traders and those who want to grow their existing assets on the Binance exchange. You must be thinking “Is Binance Pro free” So to answer your question, Binance Pro does charge a fee but it is minimal as compared to other exchanges. The Binance pro fees is 0.1% only. Therefore, it is fair to say that it is one of the cheapest cryptocurrency exchanges available.

How to switch from Binance Lite to Binance Pro

If you are an existing user of Binance then the switching process will be easy for you. But if you are not an existing user first you will have to complete the Binance sign-up procedure. In this section, we will discuss the procedures for switching between Binance Lite and Binance Pro Visit.

Switching to Binance Lite

Follow the steps stated below to switch to the Binance Lite:

1. In the first step, you will have to do a Binance US login (assuming that you already have an account).
2. Then press the button of your profile icon and wait for it to open.
3. Then, on the new screen, a toggle button will be displayed stating Binance Lite.
4.  You have to enable that toggle button.

After you have enabled it you will be switched to Binance Lite. Now whenever you try to log in it will be your Binance Lite login.

Switching to Binance Pro login

If you want to explore the Binance US Pro version, then you will have to comply with the following stated instructions:

The process is the same as mentioned in the above section, all you have to do is to check which version of Binance you are using between Binance Lite and Binance Pro. You can check your version by going to your mobile settings and then looking at the details of installed applications. If you are using the lite version, then the toggle button will be available allowing you to switch to the Pro version.

Things to know about Binance Wallet

We know that Binance has acquired Trust Wallet and now it is officially recognized as the Wallet of Binance. But do you know that Binance had also launched its own Wallet? If you decide to use Binance Wallet, then it will be more beneficial to you because this wallet has more specific features that the users will enjoy and it is more trustable as per user’s review.

Summing it up

Between Binance Lite and Binance Pro, it is advised that if you are a first-time user going for Binance Lite would be an excellent choice because of its simple and user-friendly interface. But the disadvantage of using this Lite exchange is that the user will not get the best suitable price. Therefore, if you want to get the best price for your currencies then Binance Pro is the one for you. Sometimes if you are not able to get access to your account, try to search for Binance login issues today in your browser and see if the exchange is facing any issues today. If yes, then wait till the issue has been resolved.