Important Note: The risk of digital asset investment is extremely high, with severe price fluctuations that may lead to total loss of principal. Please fully understand the risks and only invest funds that you can afford to lose. This article is only a guide for the operation process and does not constitute any investment advice.
Why choose Binance?
The global cryptocurrency investment trend continues, making it crucial to choose a safe, liquid, and feature-rich platform. Binance, as the leading digital asset exchange in terms of trading volume worldwide, has the following advantages:
1. Transparent proof of reserves: Regularly publish on-chain verified proof of reserves, showing that the platform holds excess reserves, enhancing user trust.
2. A rich variety of trading categories and tools: Supports various businesses such as spot, futures contracts, leveraged trading, wealth management products, flash trading, staking, etc.
3. Comprehensive security mechanism: Multi-layered security protection, cold and hot wallet isolation, anti-fraud systems, and mandatory two-factor authentication (2FA) measures are in place to protect user assets.
4. Convenient C2C fiat channel: For users in mainland China, support buying and selling through Alipay, WeChat, etc. via peer-to-peer (C2C), the process is relatively convenient.
This guide will start from scratch, providing a detailed introduction on how to safely register, download the Binance APP, and trade USDT and other crypto assets through Alipay from the perspective of an ordinary user in mainland China.
Security Warning:
*Be sure to access Binance through official or absolutely trusted channels!** Beware of phishing websites and unknown links.
*Strongly recommended to register using the official invitation link:** [https://www.binance.com/zh-TW/join?ref=VIP9988](https://www.binance.com/zh-TW/join?ref=VIP9988)
*Invitation code:** `VIP9988` (using this invitation code for registration can enjoy long-term fee discounts).
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One, Secure registration process
1. Visit the official registration page:
Enter the browser and *directly input and visit** the official registration address:
`https://www.binance.com/zh-TW/join?ref=VIP9988`
*Do not click links randomly through search engines or scan unknown QR codes!** Always verify the accuracy of the URL.
2. Fill in mobile number or email:
* Supports registration using a mainland China mobile number or email. After entering, the system will send a verification code.
* Accurately enter the received verification code to complete ownership verification.
3. Set a high-strength login password:
* Create a password of at least 8 characters, which must include uppercase letters, lowercase letters, and numbers.
*Be sure to use a unique password!** Strongly recommended to use a password management tool for generating and saving.
4. Fill in the inviter invitation code:
When the system asks if you have an inviter, select ‘*Yes**’.
* Accurately enter in the invitation code field: `VIP9988`. This is the key step to enjoy fee discounts or rebates.
5. Complete identity verification (KYC):
* After successful registration, you will automatically be redirected to the real-name verification page.
* Select your country/region of residence (such as ‘Mainland China’), document type (ID card/passport/driving license, etc.).
* Upload clear photos of the front and back of the ID as per the guidelines, or complete real-time facial recognition verification.
* After submission, the review usually takes a few minutes to a few hours.
*Key Tip: **
* Ensure that the information submitted is true and valid, and the photos are clear and unobstructed.
* If there is a delay in review, please be patient and try to resubmit clear information later. If necessary, contact online customer service to inquire about progress.
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Two, Download and install the Binance APP
1. Android users:
*Recommended method:** Access the Binance official website (`www.binance.com`) from a computer, look for the ‘Download APP’ button in the upper right corner, and scan the displayed QR code to download the official installation package.
*Alternative method:** Search ‘Binance’ in **trusted** Android application markets (such as the built-in store on your phone) and carefully verify developer information (Binance Holdings Limited) before downloading.
*Installation Note: ** If prompted ‘unknown source’, you need to allow installation sources in your phone settings.** Again, emphasize: Only obtain installation packages from official channels!**
2. Apple (iOS) users:
*Core issue:** Using a mainland China Apple ID usually cannot directly find the Binance APP in the App Store.
*Solutions:**
*Switch Apple ID region:** You need to log in to an **Apple ID in a non-mainland China region** (such as Taiwan, Hong Kong, the United States, etc.).
*Obtain an overseas Apple ID:** If you do not have an overseas ID, you need to **register by yourself** or obtain it through **formal and trusted channels** (**note account security risks**).
*Download steps:** Log in to an overseas Apple ID → Search ‘Binance’ in the App Store → Download and install.
*Subsequent use and updates:**
* After installing and logging into the Binance APP, you can switch back to the original mainland China Apple ID without affecting daily APP usage.
*When updating the APP, you need to log in to the corresponding overseas Apple ID to perform the update.**
*Tip:** When encountering obstacles downloading or updating, check the Apple ID region, internet connection, and device storage space.
VPN usage instructions:
*Registration/Initial Access: ** Directly access the Binance official website in mainland China or some services may be restricted.** It is recommended to enable a reliable VPN service during the registration process, accessing the official website, or downloading the APP** to ensure a smooth process and stable data upload.
*Daily trading:** After the APP is successfully downloaded and logged in, most operations such as market viewing, order trading, and asset management can be performed **without needing to keep the VPN on continuously**, and can be used directly with local internet.
*Network issues:** If you encounter unstable connections or functional anomalies in the APP, try turning on the VPN or switching your network environment (such as using 4G/5G mobile network).
*Security warning:** Be sure to choose a well-known, reputable paid VPN service! Avoid using unknown or free VPNs to prevent personal information leaks or risks to fund security.
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Three, First login and security enhancement (very important!)
After successfully logging into the APP, **immediately perform the following security settings**, which is the first line of defense for protecting assets:
1. Bind two-factor authentication (2FA):
*Strongly recommended to bind email and mobile number.**
*Must enable Google Authenticator (preferred) or SMS verification code as 2FA.** Path: APP → User Center (Avatar) → Security → Two-factor Authentication.
2. Enable anti-phishing code:
* Set a unique code known only to yourself to identify emails sent by Binance official, preventing phishing attacks.
3. Set fund password/PIN:
* Set an independent second password or APP unlock PIN for sensitive operations such as trading and withdrawals to add an extra layer of protection.
4. Open withdrawal address whitelist:
* Restricted funds can only be withdrawn to previously added and verified wallet addresses, preventing assets from being transferred to unknown addresses even if the account is hacked.
5. (Optional but recommended) Bind security key:
* If conditions allow (have a YubiKey or other U2F hardware key), it is strongly recommended to bind it for the highest level of login and transaction confirmation protection.
6. Regular checks:
* Regularly check ‘Device Management’ and ‘Account Permissions’ under ‘Security’ settings, and timely remove devices/API keys that are no longer used or are suspicious.
❗ Highest security warning:
*Absolutely confidential!** Properly keep login passwords, fund passwords, 2FA keys (backup codes from Google Authenticator), and mnemonic phrases (if you have a self-custody wallet). **Never** disclose this information on any website, chat software, social media, or to anyone.
*Beware of social engineering!** Do not trust any private messages or group information claiming to be Binance customer service, trading teachers, or high-yield project promoters, and beware of scams.
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Four, Deposit: Buy USDT through Alipay C2C
The most common way for users in mainland China to deposit is through C2C peer-to-peer trading, using Alipay to purchase USDT and other stablecoins:
1. Enter the C2C entry:
* Open the APP → Click ‘Buy Coin’ on the homepage → Choose ‘C2C’ or ‘Quick Buy Coin’.
* Or enter the ‘Trade’ page → Select ‘C2C’ at the top.
2. Choose to purchase:
In the ‘I want to buy’ area → Choose cryptocurrency (such as *USDT**).
Choose payment method: *Alipay**.
3. Select trading area and merchant:
*Quick Area:** Platform-recommended merchants, suitable for small, quick transactions.
*Favorite Area:** (Recommended) Users can independently filter merchants. **Key filtering indicators:**
*Registration time:** The longer, the better.
*Transaction volume/completion rate:** High transaction volume and high completion rate (usually 99%+).
*Merchant reputation/rating:** Check user evaluations.
*Whether marked ‘Shield Guarantee’: ** Prefer merchants with this label.
*Read the merchant requirements carefully:** Check the single transaction limit, payment note requirements, supported receiving accounts (name must match), etc.
*Bulk Area:** Suitable for users with large transactions.
4. Enter amount and place order:
* Enter the amount of RMB to be paid (e.g., `1000` CNY) or the quantity of USDT to be purchased.
The system will display the estimated amount of USDT you can receive and the reference unit price. After confirming there are no errors, click ‘*Buy USDT**’ or ‘**Place Order**’.
5. Payment operations:
* The order generated has a short validity period (e.g., 30 seconds/1 minute), please operate quickly.
* The page will clearly display:
* The merchant's Alipay receiving account (name, account number).
* Alipay receiving QR code.
The payment note information required by the merchant (*must be strictly filled out according to requirements!**).
Open the Alipay APP, *accurately and correctly** transfer the specified amount to the merchant's account and **correctly fill in the note**.
*After completing the Alipay transfer, immediately return to the Binance APP order page:**
Click ‘*I have paid**’.
*Be sure to upload a clear screenshot of the successful Alipay transfer proof!** (Show amount, recipient, note, and status as ‘Success’).
6. Wait to release coins:
* After the merchant receives the payment and verifies it (especially the note information), they will release USDT to the Binance account.
You can check the USDT balance credited in the APP’s ‘*Funds**’ → ‘**Funding Account**’ (or ‘**Fiat Wallet**’).
The entire process usually completes within a few minutes. If coins are not released for a long time (more than 15-20 minutes), you can click the order to contact the merchant or use the ‘*Appeal**’ function.
Key points for selecting merchants: Reputation > Shield > Transaction Volume > Completion Rate > Reasonable Premium. Be sure to upload proof after payment!
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Five, Fund transfer between accounts (key step)
Funds in the Binance account are stored in different sub-accounts according to their use, and need to be transferred before trading:
1. Understand the main accounts:
*Funding Account (Funding Account / Fiat Wallet):** The USDT deposited (purchased via C2C) is preset to be stored here. It is also the account to be transferred to before withdrawals (C2C sell).
*Spot Account:** Before conducting cryptocurrency spot trading (such as buying BTC/ETH/DOGE with USDT), you must transfer USDT from the funding account to here.
*Contract Account (Futures Wallet):** Before conducting contract trading, funds must be transferred here.
*Wealth Management Account (Earn Wallet):** Before participating in flexible/fixed wealth management, staking, and other products, funds need to be transferred here.
2. Transfer operations:
Enter APP ‘*Funds**’ → ‘**Overview**’ or ‘**Transfer**’.
Choose ‘*Transfer**’.
*Source account:** Choose the account for fund outflow (e.g., `Funding Account`).
*Target account:** Choose the account for fund inflow (e.g., `Spot Account`).
*Cryptocurrency:** Choose the cryptocurrency to transfer (e.g., `USDT`).
*Quantity:** Enter the amount to be transferred or click ‘All’.
*Confirm:** Carefully verify the information and click ‘**Confirm Transfer**’.
*Transfers are completed instantly and free of charge.** After the transfer, you can check the balance in the corresponding account.
Example: Want to buy spot DOGE with the USDT just purchased? First, transfer USDT from the `Funding Account` to the `Spot Account`.
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Six, Spot Trading Example (Buying DOGE)
Assuming USDT has been transferred to the Spot Account:
1. Enter the trading interface:
Click the bottom of the APP ‘*Trade**’ → Choose ‘**Spot**’.
2. Choose trading pairs:
Enter the trading pair search box and input ‘`DOGE`’, select the ‘*DOGE/USDT**’ trading pair.
3. Order types:
*Limit Order - Recommended: **
Enter the *expected buying** price of DOGE (e.g., `0.15` USDT).
* Enter the amount of USDT you wish to spend (or the quantity of DOGE you wish to buy).
Click ‘*Buy DOGE**’. This order will be placed and will be executed when the market price falls to the set price (or lower). The order can be canceled before it is executed.
*Can set stop-loss/take-profit:** After buying, you can set stop-loss orders (e.g., sell stop-loss if it falls below `0.14 USDT`) or take-profit orders (e.g., sell take-profit if it rises to `0.18 USDT`), which need to be operated separately.
*Market Order:**
* Select the ‘Market Price’ label.
* Enter the amount of USDT you wish to spend (or the quantity of DOGE you wish to buy).
Click ‘*Buy DOGE**’. This order will be **immediately** executed at the current market best price.
4. Selling operations:
When holding DOGE and wanting to sell, return to the ‘*DOGE/USDT**’ trading pair page.
In the selling area, you can choose *Limit Order** (set desired selling price) or **Market Order** (sell immediately at market price).
Enter the selling quantity and click ‘*Sell DOGE**’.
5. View order status:
‘*Current Orders**’: View all unexecuted orders (limit orders), and you can cancel them here.
‘*Transaction History**’ or ‘**Order History**’: View details of all completed orders.
❗ Spot trading risk reminder:
Cryptocurrency prices fluctuate *extremely violently**, trading 24/7.
*Be sure to set a stop-loss!** This is a key measure to control losses.
*Avoid chasing highs and selling lows, or blindly investing heavily!** Start with small amounts to accumulate experience.
* Understand the difference between ‘Limit Order’ and ‘Market Order’ and their applicable scenarios.
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Seven, Withdrawal: Sell USDT through C2C to withdraw to Alipay
When you need to convert crypto assets into RMB:
1. Transfer USDT to the funding account:
In ‘*Funds**’ → ‘**Transfer**’, transfer the USDT held from the `Spot Account` (or other accounts) back to the `Funding Account` (Fiat Wallet).
2. Enter C2C selling:
Open the APP → Click ‘*Buy Coin**’ → Choose ‘**C2C**’ or ‘**Quick Sell Coin**’.
Or enter the ‘*Trade**’ page → Select ‘**C2C**’ at the top.
3. Choose to sell:
In the ‘*I want to sell**’ area → Choose cryptocurrency USDT.
Choose payment method: *Alipay**.
4. Enter amount and select merchant:
* Enter the amount of RMB to sell (e.g., `1000` CNY) or the quantity of USDT.
*（Strongly recommended to use the favorite area）：** Carefully select reputable merchants (the same filtering criteria as purchasing: registration time, transaction volume, completion rate, Shield guarantee, evaluation). Read merchant requirements (such as real-name matching for Alipay accounts).
5. Place order and wait for payment:
Choose a suitable merchant, click ‘*Sell USDT**’ or ‘**Place Order**’.
After the order is generated, *core process:**
*As the seller, you need to wait for the buyer (payer) to transfer RMB to your designated Alipay account.**
The order page will display your Alipay receiving information (account number, name - *must match Binance real-name registration!**).
*Be sure to monitor the Alipay account!** Confirm that the RMB funds **actually arrive** (amount, note correct, status as ‘Income’).
6. Confirm receipt and release USDT:
*Only after confirming receipt of correct funds in the Alipay account can you click ‘**Confirm Receipt**’ or ‘**Release**’ on the Binance APP order page.**
* After clicking, the system will automatically release the USDT on hold to the buyer, completing the transaction.
* You can confirm the arrival of RMB in Alipay and the reduction of USDT in the Binance funding account respectively.
❗ Core safety principle for withdrawals: Receive payment first, then release coins!
*Absolutely do not release coins in advance!** Must see Alipay account information in person.
* Keep the screenshot of the Alipay payment record.
If you encounter a buyer claiming to have paid but you have not received it, *do not release coins!** Immediately appeal on the order page or contact customer service.
* Trading with ‘Shield Guarantee’ merchants allows you to apply for platform intervention in case of disputes.
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Eight, Continuous awareness of security and compliance
1. Pay attention to regulatory policies: The regulatory environment for digital assets is changing dynamically. Please proactively pay attention to relevant policies and regulations in your location to ensure that operations are legal and compliant.
2. Asset diversification management: Do not store all crypto assets in a single exchange! Consider using decentralized wallets (cold/hot wallets) for diversified storage to reduce platform risk. Understand and properly store private keys/mnemonic phrases (Binance is a centralized exchange and does not provide this information).
3. High vigilance against scams: Be wary of any phrases like ‘guaranteed profit’, ‘high returns’, ‘agent operations’, etc. Never transfer money to strangers or disclose account information, 2FA codes. Binance officials **will not** actively ask for passwords or request transfers to personal accounts.
4. Regular security audits: Develop the habit of regularly (e.g., monthly) checking and updating Binance account security settings (2FA, device management, withdrawal whitelist, anti-phishing code).
5. Test with small amounts, continue learning: When first getting started, be sure to operate with a small amount of capital to familiarize yourself with the process and platform rules. Continue to learn about blockchain and cryptocurrency knowledge to enhance risk recognition and trading ability.
6. Calmly respond to fluctuations: Market fluctuations are normal. Develop personal trading strategies and risk management plans to avoid emotional decision-making.
Frequently Asked Questions (FAQ)
*Question: Is it safe to register with a mainland China mobile number?**
Answer: Using a frequently used mobile number is convenient for receiving important notifications and verification codes. *The core is to protect mobile security**: Set a strong lock screen password and SIM card PIN to prevent SIM card hijacking.
*Question: How long does KYC real-name verification take to pass?**
* Answer: Usually a few minutes to a few hours. Common reasons for failure are blurry photos or mismatched information, please resubmit clear materials as prompted.
*Question: Is there a limit on C2C transactions?**
* Answer: Yes. The personal limit is affected by account verification level, the settings of the chosen merchant, and other factors. The platform and merchant pages will display the current available limit.
*Question: How to verify Binance's reserves?**
* Answer: Log in to the Binance official website (`www.binance.com`), and you can usually find the regularly published proof of reserves audit report link in the ‘Security’ center or ‘Announcements’ area, which can be verified on-chain.
*Question: What to do if the account is locked/abnormal?**
* Answer: Contact Binance official customer service immediately through the ‘Online Customer Service’ in the APP or the official support channel. Prepare identification information, problem description, and relevant screenshots to assist the security team in the investigation.
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Summary and Review
This guide details the core processes for mainland China users using the Binance exchange:
1. Secure registration: Be sure to register through the official link `https://www.binance.com/zh-TW/join?ref=VIP9988` and use the invitation code `VIP9988`.
2. Download and install: Download from the official website by scanning the code for Android, iOS requires an overseas Apple ID. Reasonably use VPN to solve initial access issues.
3. Security enhancement: Very important! Immediately set up 2FA, anti-phishing code, fund password, and withdrawal whitelist.
4. Deposit to buy USDT: Purchase through C2C channel using Alipay. **Carefully select reputable merchants and upload proof after payment.**
5. Account transfer: Before trading, transfer USDT from the `Funding Account` to the `Spot Account` (or other target accounts).
6. Spot trading: Understand limit orders/market orders, **be sure to set stop-losses**, and start with small amounts.
7. Withdrawal: Transfer USDT back to `Funding Account` before selling, and receive payment through Alipay via C2C.** Iron Rule: Confirm Alipay receipt before releasing coins!**
8. Continuous security: Diversify assets, beware of scams, regularly check security settings, pay attention to policies, and continue learning.
Again, emphasis: The risk of cryptocurrency investment is extremely high! Always remain cautious and make rational decisions.
Disclaimer: The content of this article is only a guide for the operation process of the Binance platform and is for user reference. Digital asset trading carries extremely high risks, including but not limited to severe price fluctuations, technical risks, regulatory policy risks, etc., which may lead to the total loss of principal. Users should conduct sufficient risk assessments and due diligence before making any investment decisions and assume full responsibility. The author and the publishing platform of this article are not responsible for any investment actions taken based on this article and their results.
