Guide to Registering a Binance Account for Beginners

Guide to Registering a Binance Account for Beginners
In the cryptocurrency market, Binance exchange is renowned for its large user base and support for a wide variety of cryptocurrencies.

Binance supports numerous cryptocurrencies and ensures fast exchanges between fiat and volatile currencies, making it a popular choice among cryptocurrency users.

If the combination of cryptocurrency support and quick transaction times has piqued your interest, it's time to create your first Binance account. Read on for a helpful guide on the process of setting up a Binance account on both mobile and web applications, including tips to smoothly verify your account.

Introduction to Binance Exchange
Binance emerged alongside the development of Blockchain technology, significantly contributing to the global cryptocurrency market boom. It is the world's largest cryptocurrency exchange with billions in daily trading volume, handling over 1000 trading pairs.

With its vast scale, Binance allows trading in numerous types of cryptocurrencies. One of its standout features is reliable, fast, and secure transactions.

Binance App is available for both Android and iOS, offering similar features to the web version. Investors can install and use it conveniently on their phones.

Special Features for Earning with Binance
To maintain rapid growth and leadership in the cryptocurrency market, Binance continuously develops features to optimize customer experience.

Some of the most attractive features for investors using Binance include:

• Relatively stable operation due to a robust multi-tier architecture system.
• Multi-device support with various web browsers like Android, HTML5, WeChat, etc.
• High performance capable of processing 1.4 million orders per second.
• Support for over 41 different languages including Chinese, English, Japanese, Korean, Russian, Spanish, Vietnamese, etc.
• Support for various fiat currencies such as USD, GBP, EUR, RUB, CNY, VND, etc.
• High liquidity due to a diverse range of cryptocurrencies and maintaining a leading position in the industry.
• Support for various cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), NEO (NEO), Bitcoin Cash (BCH), Qtum (QTUM), Monaco (MCO), Binance coin (BNB), IOTA (MIOTA), Zcash (ZEC), etc.
• Strong development team with deep financial and cryptocurrency expertise, achieving outstanding results in the financial sector.
• The Binance platform is currently deployed on over 30 interfaces, supporting all devices and multiple languages to provide the best user experience.

Products and Services Offered on Binance Cryptocurrency Exchange
Among the many cryptocurrency exchanges in the market today, Binance is known for its highly diverse ecosystem. Some notable products and services on the Binance platform include:

Spot Trading

More than 740 cryptocurrency and fiat pairs are listed, including Bitcoin, Ethereum, BNB on Binance Spot, with a matching engine capable of handling up to 1.4 million orders per second.

Margin Trading

This trading method allows leveraging assets using loans provided by third parties. It enables investors to use large capital with the potential for significant profits.

Futures Contracts Trading with leverage up to 125x

Futures trading allows investors to place cryptocurrency buy orders based on price predictions in the future. Correct market predictions can lead to substantial profits regardless of whether cryptocurrency prices rise or fall.

Direct Savings on Binance Exchange (Savings)

Investors can choose from various supported cryptocurrencies on Binance like BNB, USDT, BUSD, and various DeFi coins. Flexible savings allow receiving interest while choosing to withdraw deposits at any time or fixed savings for higher profits.

Binance Pools

Binance Pool is a comprehensive service platform with many features built specifically for miners to increase income. The platform regularly pays miners while offering low fees and other products to maximize cryptocurrency mining profits.

Binance Launchpads

This platform helps blockchain projects raise capital and increase access to the cryptocurrency ecosystem. Currently, Binance Launchpads operate with various functions, including token sales platforms with over 10 million users on the Binance exchange, support for product launches, brand promotion, etc.

P2P Trading

This feature on the Binance exchange platform allows direct transactions between users or merchants with Binance acting as an intermediary.

This feature was introduced in the Vietnamese market in January 2020, allowing investors to own BTC, ETH, USDT with VND directly on the Binance platform. Subsequently, investors can switch from P2P to Spot trading, Margin trading, or Futures trading without fees or intermediaries.

Binance NFT Marketplace

This is considered a game-changing tool recently, offering opportunities for artists to exhibit and sell their artworks through NFTs. Binance NFT Marketplace is expected to revolutionize the art business sector.

How to Create a Binance Account
Registering for a Binance account is straightforward. You only need to prepare a Gmail address and a mobile phone number to create an account. Alternatively, you can use Apple ID, although Gmail is generally preferred.

Step 1: Click on the Binance registration link.

Step 2: Complete basic registration information (phone number, password).

Step 3: Verify your account via the code sen

t to your email and phone.

With these basic steps, you've successfully created a Binance account.

Guide to KYC Verification on Binance Account
Once you've created your account, the next step is to complete KYC (Know Your Customer) to protect your account and receive support from the exchange whenever needed.

Navigate to the account section → verification. Then click "continue" on the interface shown below.

You can upload your ID card/driver's license or passport for approval.

KYC helps protect your account and allows you to deposit and withdraw larger amounts.

Securing Your Account with 2FA
Like any cryptocurrency trading app, Binance needs to be secure to avoid losing funds due to hacks. Fortunately, Binance has implemented measures like Two-Factor Authentication (2FA) to enhance your account security.

Step 1: Access Security, select Authenticator App.

Step 2: Choose Enable and download the Binance Authenticator or Google Authenticator app, then scan the QR code.

Besides activating 2FA, avoid linking your Binance wallet to any untrusted services. Also, participate in P2P trading within the Binance app if necessary.