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HOW TO OPEN BINANCE ACCOUNT AND WHAT YOU SHOULD KNOW


Binance is one of the most popular cryptocurrency exchanges in the world with very low trading fees starting from 0.1%.

You can open a Binance account and start trading Bitcoin and hundreds of altcoins. Binance also allows users to trade Bitcoin and other cryptocurrencies with up to 125x leverage on Binance Futures.


In this step-by-step guide, I will show you how to open a Binance account with a 20% fee discount.

On top of that, you can also get an extra 25% fee discount by holding BNB in your wallet and enabling the option to pay fees in BNB.

How To Open Binance Account?

  1. Step 1: Go to Binance's Website. ...
  2. Step 2: Complete the Sign-Up Process. ...
  3. Step 3: Enable 2-Factor Authentication (2FA) ...
  4. Step 1: Go to the “Deposit” Page. ...
  5. Step 2: Select the Coin You Want to Deposit. ...
  6. Step 3: Transfer Your Coins to the Generated Address. ...
  7. Step 4: View Your History.

Step 1: Go to the Binance registration page

First click the link or the button below to go to Binance’s registration page: Register on Binance

REGISTER ON BINANCE

Step 2: Fill out the Binance registration form

Fill out the form by entering your email and password. Password must be at least 8 characters with uppercase letters and numbers.

After that, tick the box to agree to Binance’s terms of use and click on the ”create account” button.

Step 3: Verify your email address

Check out your email address for the confirmation code. After entering your verification code, your email address will be confirmed and you can start using your Binance account.

After your Binance account is successfully created, you need to set up 2FA (two-factor authentication) for your Binance account.


Step 4: Enable 2FA on your Binance account

Click on Google Verification to enable 2FA on your Binance account, or you can choose SMS authentication to receive 2FA codes for your account.


Step 5: Enable the option to pay fees in BNB

To lower Binance fees further, you can hold some Binance Coin (BNB) in your wallet and pay fees in BNB.

In this way, you will receive an extra 25% fee discount and pay much lower trading fees on Binance.

This option is enabled by default on Binance. But, as this may change anytime, you should still check it and see if it is enabled.

If you run out of BNB, you can no longer enjoy the 25% fee discount. You should buy some BNB from the market to continue paying fees in BNB.

                                          REGISTER ON BINANCE

Binance identity verification

After opening your Binance account, you will have a daily withdrawal limit of 2 BTC and you can’t deposit money into Binance.

To increase your daily withdrawal limit to 100 BTC and deposit fiat currencies into your Binance account, you should verify your identity.

To verify your identity on Binance, first click the ”identification” tab on Binance as shown in the image below.


On the ”basic info” page, you can verify your identity by clicking on the ”verify” button. You will need to provide your basic personal information, a photo of your ID and a selfie.

After completing the identity verification, your daily withdrawal limit will be 100 BTC and you will be able to deposit fiat currencies to your Binance account.

The address verification is not necessary. But, you may need to complete it as well to increase deposit limits for some fiat currencies.


How Do I Start Depositing To My Binance Account?



Step 1: Go to the “Deposit” Page

At your dashboard (or the first page you see when you log-in), click on the “Deposit/Withdrawals” button under the “Funds” tab on the top right-hand corner.


Step 2: Select the Coin You Want to Deposit

Search the coin that you want to deposit and press the “deposit” button. It is extremely important to only click the “deposit” button that is specific to the coin that you’re going to deposit.

So if you’re depositing Bitcoin (BTC), make sure you click the “Deposit” button only for Bitcoin (BTC). This is because the address for each coin is different. You can just search for the coin in the search field to expedite the process.

*** You can use P2P order facilities for use own country money.

                                     REGISTER ON BINANCE

Step 3: Transfer Your Coins to the Generated Address

The address you’ll be sending to will be generated in the field under “BTC Deposit Address” (assuming you’re depositing BTC).

So if you’re transferring BTC from your wallet or from other exchanges to Binance, this will be the address you send your BTC at.



Step 4: View Your History

The history of your deposit will be shown in the “Funds” > “Deposits/Withdrawals” tab.



So Signup you free account in Binance.

                Binance Official Site Link.



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