How to use Binance Exchange? Detailed usage tutorial

To enhance account security on Binance, enable Two-Factor Authentication by accessing the "Security" tab and choosing between Google Authentication, SMS Authentication, or Binance Phone Authentication.

Oct 02, 2024 at 04:00 pm

Step 1: Create an Account

• Visit the Binance website (binance.com) and click "Register."
• Provide your email address or phone number to set up your account.
• Complete the security verification and set up your password.

Step 2: Enable Two-Factor Authentication (2FA)

• For added security, enable 2FA by clicking on "Security" in the top right corner.
• Choose between Google Authentication, SMS Authentication, or Binance Phone Authentication.

Step 3: Fund Your Account

• Click on "Deposit" in the top right corner.
• Select your preferred deposit method (e.g., credit/debit card, bank transfer, cryptocurrencies).
• Follow the instructions to deposit funds.

Step 4: Trade Cryptocurrencies

• Click on "Trade" in the top menu.
• Choose a trading pair (e.g., BTC/USDT) from the list.
• Enter the amount of cryptocurrency you want to buy or sell.
• Click "Buy" or "Sell" to place an order.

Step 5: Withdraw Funds

• To withdraw funds, click on "Withdraw" in the top right corner.
• Select the cryptocurrency and amount you want to withdraw.
• Provide your crypto wallet address.
• Click "Submit Withdrawal" to initiate the transaction.

Step 6: Use Binance Smart Chain (BSC)

• To utilize Binance's decentralized blockchain, click on "Wallet" and choose "Binance Smart Chain (BSC)."
• You can access BSC-based tokens, smart contracts, and decentralized applications (dApps).

Step 7: Leverage Binance Earn Products

• For passive income opportunities, explore Binance Earn products under the "Finance" menu.
• Options include staking, savings, DeFi mining, and dual investments.

Step 8: Take Advantage of Binance NFT

• To collect or trade digital artworks, click on "NFT" in the top menu.
• Browse a wide selection of NFTs and participate in auctions or sales.

Step 9: Utilize Binance Labs

• For blockchain innovation and development, consider Binance Labs under the "More" menu.
• Engage with promising blockchain projects and participate in funding initiatives.

Step 10: Access Binance Academy

• To enhance your cryptocurrency knowledge and trading skills, visit Binance Academy under the "More" menu.
• Free resources include articles, videos, webinars, and courses.