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Binance Beginner’s Guide

Binance Beginner’s Guide

2021-01-14 05:52
Welcome to Binance! Kickstart your crypto journey in 4 quick and easy steps:
  • Step 1: Register for an account
  • Step 2: Complete identity verification
  • Step 3: Buy/Deposit crypto
  • Step 4: Start trading

Step 1: Register for an account

Register for a Binance account from the app or website with your email, phone number, or Apple/Google account.

Step 2: Complete identity verification

Complete identity verification for your Binance account to unlock deposit, withdrawal, and trading limits. This process typically takes a few minutes to complete. You’ll need to provide your basic information, ID documentation, and complete a facial verification.
Be sure to secure your Binance account: While we do everything to keep your account secure, you also have the power to increase the security of your Binance account greatly. We recommend enabling at least one two-factor verification (2FA) for your account. Check out the security tips section for more details.

Step 3: Buy/Deposit crypto

3.1 Buy crypto

You can buy crypto on Binance using bank transfer, credit/debit card, or P2P trading. For more details, please refer to these buy crypto guides.

3.2 Deposit crypto

If you already hold cryptocurrencies in another wallet or platform, you can deposit them into your Binance account. For more details, please refer to these deposit/withdrawal guides.

Step 4: Start trading

You can trade hundreds of crypto on Binance via the Spot, Margin, Futures, and Options markets. If you hold BNB and use it to pay for trading fees, you can receive special discounts (25% on Spot and Margin and 10% on Futures). If you are a VIP user, you can also receive a 25% discount on top of your VIP discount. For more details, please visit Benefits of BNB.
If you wish to grow your crypto holdings, check out the various products offered on Binance Earn. For example, Simple Earn, BNB Vault, Launchpool - just to name a few.
If you're new to crypto, be sure to visit Binance Blog and Binance Academy - your one-stop guide to learn all about blockchain and crypto.
Risk warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence. Purchasing crypto assets are not covered by the Financial Ombudsman Service or subject to protection under the Financial Services Compensation Scheme.