Binance is one of the most sophisticated cryptocurrency exchanges in the industry. It is mainly used by institutional traders and other cryptocurrency professionals. However, anyone can use Binance as long as they know how it works. If you want to use the cryptocurrency exchange, you have to follow the below steps:
Step One: Sign Up
The first thing you should do is visit Binance.com and sign up for an account. The sign up process is pretty basic. Click on the tab marked register. You should find it at the right-hand corner of the homepage. Enter the information required. Try to make your password long and technical to secure your account more. After you have filed the details, click on the register button to verify yourself. You should receive a confirmation email at this point.
Step Two: Enable 2FA
Enabling 2-factor authentication is one of the most effective ways to protect your business. After registering, it would be a good Idea to enable 2-factor authentication before you start any transaction. When the registration process is complete, you’ll see a pop-up window on the screen to this effect.
Step Three: Deposit Cryptocurrency
At this point, you can deposit cryptocurrencies into the account. To do this, go to your dashboard and click on the deposit/withdrawal button. You should find this under the funds tab. A list of coins should appear. Select the one you would like to make the deposit in and click on the deposit button.
Step Four: Make Transfers
After making your deposit, you can go ahead and make transfers to the address of your choice. You can send it from the field of the account you want to deposit to. If it is to LTC, for example, you can send it from the LTC field.
That’s how to open a Binance account. You can view your transaction history from the funds tab. Log into the cryptocurrency exchange anytime you want to make a transaction.
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