How to sign up for Binance 2021 - Account verification [COMPLETE]
How to sign up for Binance - Authenticate your Binance account
This article Hieu will guide you to register for Binance - the most detailed and specific steps to verify your Binance account with illustrations for you to easily follow.
Currently, if you search for articles on how to register Binance or how to authenticate a Binance account on the internet, there will be a lot of instructions, however, if you are still having difficulty in the registration and verification process then This writing will help you.
In this article, I try to write in the most detailed the steps with illustrations so that anyone can easily follow.
Now let's get into the main part of today's content.
Table of Contents
What is Binance?
The founding team of Binance
Binance floor parameters
Fees on the Binance exchange
1. Transaction fees on Binance
2. Withdrawal fee
Binance withdrawal limit
Binance Registration Guide and Full Account Verification
1. How to sign up for Binance
2. Two-layer 2FA security installation guide for Binance
3. How to authenticate your Binance account
The main functions of the Binance exchange
1. Trading on Binance
2. Binance Future Features
3. Binance Launchpad (IEO), Binance Lending, Binance Vote
summary
What is Binance?
Binance is a cryptocurrency exchange, according to current rankings, Binance is at the top 1 of the largest and best cryptocurrency exchange today.
Binance has a very high trading volume and liquidity, according to an estimate that the volume of transactions per day of Binance is nearly four times that of the world's second largest cryptocurrency exchange.
On average, according to Similiar Web, binance has 26 million visits per month, while the second largest exchange has only 3 million visits. Speaking of which, you can see that Binance is not only the best exchange in terms of trading volume but also accounts for more than 50% of the transaction volume of the entire cryptocurrency market.
Binance exchange's monthly visits
The founding team of Binance
Binance was founded in July 2017 by its founder, Changpeng Zhao (hereinafter CZ). Binance has raised $ 15 million in capital during its inception, and since then. This exchange is statistically worth up to tens of billions of dollars.
CEO Binance - Changpeng Zhao
CEO Binance - Changpeng Zhao
CZ is a founder, but unlike the other founders, he is very active on the social media twiter, and is even the latest news anchor on Binance and can answer. and answer questions directly on social networks. So many people have to admit that CZ is one of the "free" CEOs on the internet.
Revenue from the Binance floor can be said to be a desirable number for large companies today. According to estimates, the revenue in 1 period of Binance is even higher than the top banks in the world. Typically, Deutsche Bank of Germany only has $ 145 million, and Binance exchange is up to $ 200 million.
Binance floor parameters
Below are the Binance floor parameters so you can have a more detailed look
Binance is currently the TOP 1 cryptocurrency exchange in the world
Currently, the floor has an average of 26 million visitors per month, many times higher than the 2nd floor
Average daily trading volume of $ 1-4 billion (depending on market volatility)
There are a total of more than 1000 thousand coins traded on this exchange
24/24 support team with any questions you have about the trading floor
Currently, Binance has supported almost all countries in the world including the US, one of the most demanding countries
Fees on the Binance exchange
Fees at any exchange are crucial to choosing whether or not to choose it. Every transaction that happens between the seller and the buyer has a transaction fee paid to the exchange. If this fee is cheap, it will be very beneficial for traders because if you trade a lot and often, the amount saved will be huge.
Binance transaction fees compared to other exchanges
Binance transaction fees compared to other exchanges
1. Transaction fees on Binance
Binance offers a flat 0.1% transaction fee. Accordingly, Binance does not care if you are a buyer or a seller. For investors this is a very attractive transaction fee model. Binance's transaction fees, much lower than the exchanges average, are said to be around 0.25%.
Transaction fees are also reduced based on the trading volume and holding rate of the Binance Coin (BNB) token as outlined in the table below:
Binance transaction fee table when holding Binance Coin dynamically
Binance transaction fee table when holding Binance Coin dynamically
2. Withdrawal fee
Withdrawal fees are usually fixed and vary between cryptocurrencies. If you withdraw BTC, you pay a small amount of BTC for the withdrawal. If you withdraw ETH, you pay ETH. Considering the BTC withdrawal fees in crypto exchanges, we see that the average BTC withdrawal fee is approximately. 0.0006 BTC per BTC withdrawal. Meanwhile, Binance only charges 0.0004 BTC. Accordingly, Binance's withdrawal fees are also very competitive and attractive
Binance withdrawal limit
For regular registered accounts, the withdrawal limit is a maximum of 2 BTC / day
However, for the KYC authenticated accounts that I will guide below, the limit is up to 100 BTC / day.
Binance Registration Guide and Full Account Verification
1. How to sign up for Binance
Click to register for an account on the button below
Sign up for a Binance account
Fill in the registration information including email address, password, then click I am over 18 years old, and agree to the Binance Terms as follows, then click Create Account
Fill in the binance account registration information
Next, an email containing verification code will be sent to your email address, you need to get that code and fill in the verification box.
Authentication code for Binance account registration - Binance registration guide
Authentication code for Binance account registration
Fill in your email verification code here - Binance registration guide
Enter your email verification code here
Next you will see as below, just click Skip this step on the right hand side to skip this step
binance registration guide - complete account authentication
2. Two-layer 2FA security installation guide for Binance
When you click on the above skip link, you will see a message to activate the 2FA 2FA security for Binance as follows.
enable 2FA security code on binance - Binance registration guide
If you do not want to install 2FA 2FA security, you can completely press the Skip button and it does not affect anything. However, I encourage you to install it to increase the security of your Binance account.
To install 2FA codes for Binance, you click on Confirm Google
Step 1: Here they ask you to download the confirmation software on the App Store or Google Play, if you have not installed it, depending on whether you are using Android or Iphone, click to install, after the installation is complete, press the button Next
Download the binance app and install - Binance registration guide
Step 2: You use the security software installed in step 1, scan the QR Code given as shown below to set up a 2FA security account for Binance on the software. After scanning is complete, you press the Next button
Binance 2-layer security code scanning - Binance authentication guide
Step 3: In this step, you will be asked to write down the 2FA code string to save somewhere in case you lose your 2FA account, you can restore it. Just copy and save
Save the 2FA Binance code
Step 4: In this step, enter the password for the Binance account you created above the registration step and the authentication code taken by Google from the software and press the Submit button.
Turn on Google verification for Binance
3. How to authenticate your Binance account
If you do not trade much, then by default, a Binance account when registering will have a maximum withdrawal limit of 2 BTC / day. However, if you want to withdraw more, you will need to verify your Binance account to increase the maximum withdrawal limit to 100 BTC / day.
The steps to verify a Binance account are as follows:
At the top human-shaped icon, you drag the mouse and select Verify as shown
In the Personal Information section, click the Verify button
Binance account basic information
Binance account basic information
Click the Verify button to proceed to verify your Binance account
Click the Verify button to proceed to verify your Binance account
Next, you select the country of Vietnam, then press the Start button
Choose your Binance account verification country
Fill in your basic information as shown below and then click Submit & Continue
fill in binance account verification basic information
Press the Start button to begin the download of authentication documents
download the binance authentication documents
Select the country and type of documents you'll be authenticating, such as your Passport, Driver's license or Identity card. Here I choose Identity card for verification
Select the country and type of validation document
Choose your country and type of validation document
You select Upload file to upload documents from your computer
You select Upload file to upload documents from your computer
Upload the front of your identity card
Click Choose file to upload the front of your identity card
Click Confirm to confirm - Binance registration instructions
Press Confirm to confirm
Click Choose file to upload the back of your identity card - Binance registration instructions
Click Choose file to upload the back of your identity card
Press Confirm to confirm
Press Confirm to confirm
Upload your portrait - Binance registration guide
Click Choose file to upload your portrait
Click Complete to complete the process - Binance registration guide
Click Complete to complete the process
Next, you will see the last step to authenticate your account as below, in this step you will need to use the Binance app to authenticate, not able to do it on your computer.
If you do not have the Binance app, you can download and install it on your mobile device here
After you have installed the Binance app on your phone, log in and continue to follow the steps below.
On the Binance app interface, click the human face icon
Click the human face icon on the Binance app
Click the human face icon on the Binance app
Click on Verify Identity
Click on Verify Identity
Click on Verify Face
Click on Verify Face
Click Start Verification
Click Start Verification
In this step the camera will appear, you bring the camera to your face so that the system will take portrait photos
Successfully verified the Binance account
Successfully verified the Binance account
After successful verification you will see your withdrawal limit up to 100 BTC as shown
After successful verification you will see your withdrawal limit up to 100 BTC as shown
So I instructed you to register for Binance and authenticate your Binance account so that you can increase the maximum withdrawal limit up to 100 BTC / day.
I hope with the instructions with the above illustrations you will be able to follow them easily.
The main functions of the Binance exchange
In this section, I will talk more about some of the main functions of the Binance exchange so that you can take full advantage of these features and make money effectively from the Binance floor.
1. Trading on Binance
Needless to say, we know that Binance is used for trading. Called an exchange, the above will gather all the coins, traders buy and sell. Sellers can use this feature to exchange between your favorite coins such as from BTC to ETH, ETH to BTC or sell BTC, ETH, BNB to USDT, ...
2. Binance Future Features
This is a way of trading on the Binance exchange that uses leverage up to x100. With this feature, you can multiply your account many times but at the same time have the potential to lose huge money.
The leveraged phase here is that Binance Future is only for those with in-depth knowledge, not recommended for beginners.
3. Binance Launchpad (IEO), Binance Lending, Binance Vote
These are 3 great features of Binance that help you make money from Binance itself.
Binance Launchpad allows you to buy projects that are newly opened for sale on the Binance exchange for cheap and profitable when the project is officially launched.
Binance Lending allows you to borrow money from Binance (USDT. USD) and mortgage with coins such as (BTC, ETH, BNB, ...)
Binance Vote is where you will vote for your favorite coin on the Binance exchange, in return you will receive a normal share from this vote.
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