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Binance...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

Once you complete Identity Verification, your Binance account can start depositing and withdrawing fiat currency. 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. Check out the security tips section for more details.

Step 3: Buy/Deposit crypto

3.1 Deposit crypto

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

3.2 Fiat Deposit

In Binance Japan, you can deposit Japanese yen (JPY) via bank transfer. The deposited JPY can be directly exchanged or used to purchase cryptocurrencies.

Step 4: Start trading

Spot Trading

After obtaining your first crypto asset-backed securities, why not try our diverse trading products? In the spot market, you can trade crypto asset-backed securities, including BNB.

BNB supports the Binance ecosystem and is the native coin of Binance Chain and Binance Smart Chain. BNB has various use cases, including payments at Binance Exchange, online stores, and physical stores. Most importantly, if you choose to use BNB to pay trading fees, you can receive a special discount.

Binance Earn

If you wish to grow your crypto holdings, you can increase your crypto asset-backed securities holdings with Binance Earn. It offers financial products to increase passive income, such as Simple Earn (crypto assets lending), Launchpool (deposited crypto assets), and Binance Liquidity Swap.

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.

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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.