binance exchange
Hello everyone, in this article or this topic that may interest many who are looking for one of the best crypto exchange, whether they want to buy crypto or crypto currency exchange, we will talk today about binance exchange, it is a well-known platform and everyone uses it, and it is the most common platform in the field of crypto currency exchange and also NFT
What are we going to talk about regarding the Binance exchange
In this article, we will learn about how to open an account in binance exchange, as well as how to binance log in, and we talk about some essential things and features only in the binance exchange. You can view other features within the Binance exchange, and you will explore them yourself, and you can also learn how to trade within the Binance exchange platform. If you are new in the field of crypto currency exchange, I advise you not to get carried away and reckless. It would help if you learned from several sources about the field of crypto currency exchange, and then you can experiment because this field is not easy.
We will not talk about details such as the date of creation of the binance platform, the headquarters of binance, or who is the CEO of binance.....etc. All these details are available on Wikipedia, which you can check out.
First, let's learn how to create an account in Binance exchange
Go to the platform by clicking here
We explain the steps on desktop. If you are using a phone, you can apply all the steps in the phone by clicking here
The method of opening an account is a routine method, such as opening any account on any platform or site that asks you to either enter your e-mail or phone number, then you are asked to put a password, or you can open an account through other available means. In the case of opening an account in Binance exchange, you can either use any account that you have on Google or Apple, as shown in the picture, and linking through Google or Apple is very easy and fast
After that, you have to follow the instructions that the platform will give you and confirm the account either by email or by any other means.
Now do binance log in
Put in this red space your email address or phone number with which you registered
When you "binance log in" you will see many fields and tools. You can dig deep and explore on your own. I don't want to explain all the tools because it would take me a lot of time and make the article very long.
Know Your Customer (KYC) documentation is recommended to avoid account fraud or future issues while increasing the level of security
How to buy crypto from binance exchange
There are several ways to buy crypto currency on Binance exchange
The first way to buy crypto on Binance exchange
Go to the buy crypto section, then go to Bank Deposit. Choose the local currency you want to pay in. The system will automatically select the payment method by bank transfer. Then click the Continue button below and follow the SWIFT deposit instructions
The second way to buy crypto on the Binance platform
Go to the buy crypto section, then go to Buying by Card. Choose the local currency you want to pay with and the digital currency you want to buy. This is how to buy cryptocurrency with a credit card, whether it is Visa or MasterCard from the Binance exchange
The third way to buy crypto on the Binance platform
Peer to peer
p2p/Peer-to-peer is a decentralized communication model in which each party has the same capabilities and each party can initiate a communication session. This is the definition of this term in general.
With this feature, you can buy crypto by opening a session with another person, and it is through this session that the transaction takes place. The advantage of this feature is that it allows you to pay through multiple payment methods, whether electronic banks or local banks and this feature allows you to buy crypto in the currency of your choice. , be it the euro or the dollar. Or pound sterling or whatever and Binance exchange is the mediator between you and your other partner to make sure the transaction goes through between you without any problems
Buying through an intermediary
With this feature, you can buy cryptocurrencies through a broker or a third party. It is a different method from the previous methods that we explained. This feature does not allow you to buy cryptocurrencies directly through a credit card or through someone who allows you to buy through some brokers or online banks that deal with the Binance exchange platform.
Go to Wallet, head to Overview, and then click on the Deposit icon. You will be directed to a page where you can deposit cryptocurrencies. The available cryptocurrencies supported by the platform will appear. Choose any currency you want and deposit it.