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Any enthusiast of the world of cryptocurrencies and who wants to exchange crypto or safely keep them will probably need an exchange platform. That is a service with the possibility of buying and selling different cryptocurrencies (in this case) at values determined by the market. Without a doubt, one of the most popular exchanges today is Binance, which has gained recognition in the crypto world due to the wide variety of currencies it offers and it's very low transaction fees.
In this article, we would be talking extensively about how to register and use Binance successfully.
The first thing we should know is that registration on Binance is completely free. Also, it is available to people from anywhere in the world. If you want to register with Binance you will only need an email and a password. The main page shows you in the upper right part the options "Start session" or "Register". This last button will take you to a file that will be filled with the following information:
Upon completion of registration, Binance will send you an email to confirm your account creation request. The link that comes in this email will verify you're a user and with it the possibility of using the Binance exchange.
The next step would be to put your email again together with the password to log in to the platform.
The Binance platform presents us with a menu with multiple options. On the upper left side (for desktop version) we find a drop-down menu with options related to the company. There we will see the following sections:
To buy or sell cryptocurrency in Binance, logically we need to have funds with which to carry out such transactions. This is done as follows:
Binance now also accepts credit card (TDC) payments. This option also appears within "Deposits". To do this we must cancel the amount in dollars or euros that corresponds to the number of cryptocurrencies that we want to buy. Once the calculations are made, the website will lead us to register our credit card details and process the payment, like any other purchase with TDC.
If, on the other hand, you want to withdraw funds from Binance, go to the same section of "Fund", in "Withdrawals", and look for the cryptocurrency that you want to withdraw. For this transaction, it is best to have two-factor authentication. This time you will be the one who will place the purse address at which you want to receive the money. After sending the withdrawal request, expect an email that will let you know that the request was verified.
To buy and sell cryptocurrencies on Binance, go to the "Exchange" menu and select the "Basic" option. This will automatically show a blackboard full of numbers and graphics that move in patterns.
The next thing to do is to go to the quadrant with the coins available to exchange, which is located on the right side of the screen (desktop version). There, select if you want to buy using Bitcoin (BTC), Ethereum (ETH), Binance coin (BNB), or Tether (USDT). For each option, a list of cryptocurrencies will be updated. With the search bar, you can get the one you want easier and faster.
With the cryptocurrency selected, a box will appear in the lower central part of our screen with two options: Buy or Sell. We only have to manually indicate the amount of cryptocurrency we want to buy or press the predetermined percentage of the available balance. Once this operation has been carried out, our transaction will be available in the "Order management" menu, in the "Open orders" option. This will happen while the order is in process. When completed, the balance of this movement will be available in the "Funds" menu, within the "Withdrawals" option.
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Apr 19, 2021 by Ebimo Dogubo 4.4K Views 0
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© Copyright The Watchtower 2010 - .