In the era of digitalization, it is really stressful to opt for an exchange on which you can trust. You must be looking for an exchange which is easy to use and meet your requirements. No business wants to open an account of an exchange and repent later when it is not able to handle its functionality.
If you are planning to open your account on Binance, it is best to get assistance with Binance support number.
Getting support through Binance helpline, you learn about its usage, trading fees, safety measures,and other associated factors. It is one of the most popular exchanges in crypto, so you should do your complete homework before investing your valuable money.
Story Behind Binance
In 2017, Yi He and Changpeng Zhao founded Binance in China. They both used to work at the OKCoin exchange when they took this big decision. But, the company has to shift its offices in Taiwan and Japan when Chinese government declared a ban on cryptocurrency trading. Presently, it is located in Malta. Binance cryptocurrency is known as BNB (Binance Coin).
How to Use Binance?
Start with Signing Up
Initially, you require creating an account. Everyone can sign up as this platform does not demand customer information, but you agree to its terms of use. As per the terms of use, you should be 18 years old. Binance reserves the right to cancel any account if anyone disobeys the terms.
You need to submit minimal information such as password, email address or if you have any referral ID. According to Binance referral system, you will obtain 50% of your referrals trading fees. Once you fill the required fields, you can click to register by filling the captcha. Your Binance account is ready. For any assistance, you can dial Binance customer support number.
Fund Deposit
You need to deposit funds once you activate your account as you will be able to sell or buy cryptocurrencies in your account.
Placing a Trade
Now, you are ready with the fund and can view all the cryptocurrencies that can be traded on Binance and its respective markets. For instance, you deposited 0.024 BTC (-$10) in your account earlier and now you want to trade in NEO. Wait! First, you need to look for the right NEO market. Click the BTC markets tab and search for NEO.
Fund Withdrawal
Binance has a decentralized exchange on Binance, but the current platform is centralized and prone to hacks like several other websites. Therefore, you should keep funds on the exchange only for the necessary duration.To withdraw the funds,you can navigate to the balances page.
Binance Launchpad
Binance launchpad is a medium to provide new projects and token sales on Binance. It selects the tokens to be launced on the basis of factors such as scalability, maturity, team quality and more.
Security Measures
On Binance, two-factor authentication (2FA) is enabled to deliver complete security to the users. If you enable 2FA, it automatically pops up whenever a new user tries to access this page.
Wrapping Up
Thus, this is how to use Binance. If you require any guidance, you can contact an expert through Binance support phone number.
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