But you should see Binance’s request for your identification in the same way your local bank asks you to show your ID when you open a new account. Sending these kinds of data to a company you hardly know may seem like overstepping boundaries. In this step, you should take a photo of your passport and yourself, where you show a note stating “Binance, date, xxx” (see picture below). In order to use Binance, it is important that you send in your identification documents so that you can be 100% approved. Once you’ve done this, your account is active, and you have completed the first step and can now log into your account If you don’t receive the mail immediately, check your spam folder.Īfterwards, click on the verification link in your email in order to complete the registration. Once you choose your password, you can click on the Terms of use to read them, and then click on register.īinance will then send you an email, where you confirm your email address. Your password should be between 6 and 20 characters, it should include both big and small letter, as well as one or more numbers. Therefore, make sure that you are on the correct site when you type in your information and password.Įnter your email and password, confirm the password, and under referral ID you don’t have to write anything the first time. This is due to numerous scammers creating fake websites that aim to capture your account information. In the future, when you go back to the site to trade, it is important that you always write in the address field of your browser, and not search for Binance on Google. Go on and click on register in the right corner. When you register with Binance, it is important to know that Binance is not covered by investor-protection regulations that apply to other regulated platforms. Here is a short guide on how to register yourself on Binance, as well as how to get cryptocurrency transfers into your account. But it’s a challenge you need to overcome if you wish to delve into the cryptomarket and try to find the next rocket that will have a 10.000% increase in price. It may be a little more troublesome than you’re used to. When you have money on Coinbase, you should transfer it as for example bitcoin into your Binance wallet. Coinbase is one of the companies rendering this service. In order to use Binance, you should then first and foremost open a wallet, to which you can transfer euros or dollars from your bank account and exchange it into bitcoins. You should already own another cryptocurrency, such as Bitcoin, Ethereum, or Ripple, which can then be transferred to the platform via a wallet. You can trade here many of the well-known currencies such as Bitcoin and Ethereum, alongside lesser-known coins, such as IOTA, NEO, Cardano, Tron, EOS, Monero, and many more.īinance is a pure crypto-exchange, meaning that you cannot transfer money to the exchange using your credit card. Binance has one of the widest range of available cryptocurrencies. This has a number of advantages, as described here.īut if you wish to engage with the lesser known cryptocurrencies, you have to search for more specific crypto-exchanges. If you wish to trade the most common cryptocurrencies like Bitcoin, Ethereum, or Ripple, we recommend using a trading platform, where you trade currencies with contracts.
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