Why should I open a Binance account?
Binance is growing at incredible speed, and if maintained, will be one of the most important crypto exchanges based on the scope of the operations. In addition, many new currencies / tokens with only one OIC would be more likely to trade in binary than other large transactions. So, if you’ve lost an ICO and want to hold back a particular currency, because of binance large trading volume, would be the recommended exchange option, offering better prices and a higher probability.
Register in a step: Visit Binance Website
To use the Exchange, users must first create an account. The process is pretty simple and you do not have to check your account at level 1, which is a daily payout limit of 2 BTC. For level 2, which allows up to 100 BTC per day, you’ll need to upload a photo ID and wait for approval. There are still higher limits, but you need to contact them directly to solve this problem.
The duration of the review may vary depending on the support staff’s occupancy. So be sure to plan ahead if you want to withdraw large sums of money and make sure that this step is complete before you deposit and exchange large sums during the conversion. After which you are done and your account is up and running successfully
To deposit funds into your account, visit the “Deposits”> “Deposits / Payouts” link at the top of the site and search for the currency you want to send, then click the “Deposit” button next to the address of the portfolios. , Then you can send your money to this address to start trading on the platform, depending on the currency you deposit and the time it takes to do so, as it depends on the currency block chain. Some currencies like Ethereum are faster than Bitcoin, which can take a while.
Step 2: Select the coin you want to release
Find the coin you want to drop and click Send. It is extremely important to simply click on the “Deposit” button specific to the coin you wish to deposit. Therefore, if you depositing Bitcoin (BTC), make sure you click Bitcoin in the “Deposit”. This is because the address is different for each coin. You can simply search the coin in the search box to speed up the process.
Step 3: Transfer your Coin to the generated address
The address to which the coin is located in the field generated by “BTC Deposit Address” (assuming you provide a BTC). Therefore, if you transfer BTC from your purse or other Binance bags, this is the address to which your BTC is sending to.
Step 4: Show your History
Your deposit history is shown in the Funds> Deposits / Withdrawals tab.
Now that your account is up, you can trade and invest with multiple digital currency pairs. Binance offers many options as it supports all the major digital currencies as well as many ICO lists and their respective tokens.
At this point, the platform can only be used to generate markets and limit orders. This was seen by some as a disadvantage as many of the expected trading options would be more advanced. After ordering, simply wait for execution according to the conditions specified.
Hello guys, how are you doing today. I have made this tutorial as easy as possible for you…