How is Binance rated?
The focus of Binance is on 'stability', which includes smooth trading operations and the ability to execute trades quickly in a very short time.
In terms of security, there is a user asset security fund (SAFU) and asset reserve fund support, making it a good choice for beginners entering the cryptocurrency market.
For those new to cryptocurrency, initially, you will only use spot trading and simple buy/sell operations, without high requirements for derivative products. Binance is not only stable and easy to use, but you can also find plenty of learning resources online.
Binance account opening tutorial 1: Prepare information
Once you have the following information ready, you can start the registration:
Identification documents: ID card, passport, or driver's license, one of these.
Phone camera or computer webcam: Used for facial verification.
Email: Used for account registration & receiving verification codes.
Mobile number: Used to receive verification codes.
Binance account opening tutorial 2: Register using email
Binance registration steps:
Click the registration link https://www.binance.com/join?ref=GQTRR5QP to enter the Binance registration page.
Choose to register with an email, Google account, or Apple account.
Check your email to receive and enter the verification code.
Set a password with at least 8 characters (including at least 1 number and 1 uppercase letter).
Bind the invitation code [GQTRR5QP] to enjoy a 20% fee discount.
Complete registration.
Remember not to use your birthday or common words when setting your password. Binance recommends setting a stronger password that includes at least 1 uppercase letter, 1 lowercase letter, 1 special character, and 1 number.
Binance account opening tutorial 3: Binance KYC identity verification tutorial
After registration, you need to go through KYC identity verification to enable basic functions such as trading and deposits.
Similar to opening a bank account, you need to fill out some basic information and attach identification. The same process is required to open an account on the exchange.
