Binance is a cryptocurrency exchange platform that allows users to trade a wide range of cryptocurrencies. It was launched in 2017 and has quickly become one of the largest and most popular cryptocurrency exchanges in the world.
Binance App Registration Method
1. Open the Binance App and click [Register].
2. Choose the registration method. You can register via email address, mobile number, or Apple or Google accounts.
If you want to create a corporate account, click [Need a Corporate Account?] next to [Register]. Please choose the account type carefully. Once registered, the account type cannot be changed. Please refer to the "Corporate Account" tab for detailed guidelines.
Registering with an email/mobile number:
3. Choose [Email] or [Mobile Number] and enter your email address/mobile number. Next, create a secure account password.
Recommended: Gmail, Outlook, etc.
You will receive a 6-digit verification code via your registered email or mobile. Enter the code within 30 minutes and click [Submit].
Wait for the confirmation code to be sent to your email and enter it to proceed to the next step.
Enter the password and proceed. It is recommended that the password be complex.
Note:
The password must contain at least 8 characters, including 1 uppercase letter and 1 number.
If registering through a friend's invitation, make sure to fill in the referrer ID (optional).
Read and agree to the [Terms of Service] and [Privacy Policy], then click [Create Personal Account].
Congratulations! Your Binance account has been successfully created!
Function:
Binance serves as a trading platform where users can buy, sell, and exchange different cryptocurrencies. It provides advanced trading features, including spot trading, futures trading, margin trading, and decentralized finance (DeFi) services.
Characteristics:
Wide Range of Cryptocurrencies: Binance offers a vast selection of cryptocurrencies for trading, including popular ones like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many more.
Advanced Trading Tools: Binance provides an intuitive and user-friendly interface along with various trading tools, such as trading charts, order types, and indicators, to assist users in making informed trading decisions.
High Liquidity: Binance has a large trading volume and deep liquidity, making it easy for users to buy and sell cryptocurrencies at competitive prices.
Security Measures: Binance emphasizes robust security practices to protect users' funds and personal information. It incorporates features like two-factor authentication (2FA), cold storage of funds, and regular security audits.
Highlights:
Binance Coin (BNB): Binance has its native cryptocurrency called Binance Coin (BNB). It can be used for trading fee discounts, participating in token sales, and more.
Binance Launchpad: Binance Launchpad is a platform within Binance where new blockchain projects can conduct token sales. It provides users with opportunities to invest in promising projects.
Binance Charity: Binance has a philanthropic arm known as Binance Charity, which aims to improve global sustainability by using blockchain technology for charitable purposes.
Usage:
Binance is widely used by cryptocurrency traders and investors who want to trade various cryptocurrencies with ease and efficiency. It caters to both beginners and experienced traders due to its user-friendly interface and advanced trading features. Additionally, Binance is actively engaged in expanding its services and ecosystem, providing users with various options beyond simple trading.
