What is Binance?
“Binance” is a Cryptocurrency Exchange Platform provider which has been deployed on 30+ exchanges.
The Exchange supports Multiple Cryptocurrencies including BTC, ETH, LTC and BNB, and you can exchange a large number of Cryptocurrencies on the platform.
Binance states that it is capable for processing 1,400,000 orders/second, with the Multi-tier & multi-cluster system architecture.
All kinds of devices are supported including Web-based platform, Android, Html5, Wechat and PC.
The system is simple and exchange is easy and the service is provided with one of the lowest fees in the industry.
|Fee for deposit||Free|
|Fee for trading||0.1% trading fee|
Binance’s support is available in 8 different international languages through Telegram or QQ chat.
What you can do with Binance?
Binance is a popular cryptocurrency exchange platform that offers various services for buying, selling, and trading cryptocurrencies. The main services of Binance include:
- Spot trading:
- Binance allows users to trade a wide range of cryptocurrencies with other users on the platform.
- Futures trading:
- Binance offers futures contracts for Bitcoin and other cryptocurrencies.
- Margin trading:
- Users can also trade cryptocurrencies on margin, which allows them to leverage their trades.
- Binance offers a savings service where users can earn interest on their cryptocurrencies.
- Users can also stake their cryptocurrencies to earn rewards and support the blockchain network.
- Binance Card:
- Binance offers a Visa debit card that allows users to spend their cryptocurrencies at merchants that accept Visa.
How to buy Bitcoin with Binance?
To register and buy Bitcoin on Binance, follow these steps:
- Go to the Binance website and click on “Register” in the top right corner of the homepage.
- Fill in the registration form with your email address and a strong password. Agree to the terms of service and click on “Create Account”.
- Verify your email address and complete the KYC (know your customer) verification process, which may include providing personal information and government-issued identification.
- Once your account is verified, go to the “Wallet” page and select “Deposit” for the cryptocurrency you want to deposit into your Binance account, such as Bitcoin.
- Follow the instructions to deposit your desired amount of cryptocurrency into your Binance account.
- Once your cryptocurrency deposit has been confirmed, go to the “Trade” page and select the cryptocurrency pair you want to trade, such as BTC/USDT for Bitcoin.
- Select “Buy” and enter the amount of Bitcoin you want to purchase. Review the details and click on “Buy BTC” to complete the transaction.
It’s important to note that there may be fees associated with depositing, trading, and withdrawing cryptocurrency on the Binance platform, so users should review the fees and other terms and conditions before using the platform.
* CFD Service. Your capital is at risk.
|Rating Traders Rating|
|Regulations Regulations & Licenses|
|Founded Founded in||2017 (6 years)|
|USA clients||Not Accepted|