World's leading cryptocurrency exchange.
Trade BTC, BinanceCoin (BNB) and many other cryptocurrencies easily and in minutes.




World's leading cryptocurrency exchange.
Trade BTC, BinanceCoin (BNB) and many other cryptocurrencies easily and in minutes.
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Binance cryptocurrency exchange review

The Chinese platform Binance appeared on the market two years ago, but during this period of time it managed to gain the trust of many traders. At its ICO, the exchange raised $ 15 million, and since the end of August 2017 it has taken a special place in the market, gradually becoming the leader.
The project has been known to the world for only two years, and the Binance exchange is still considered a young, but already very successful platform. Officially, the developers registered an exchange in Hong Kong, but thanks to a well-planned advertising campaign, the project was quickly developed, including in Russia and Europe.
In addition to high-quality advertising, the creators also paid attention to the technical aspects. Based on the experience of their predecessors, the developers decided to create optimal conditions for working with the site: to provide a minimum commission, a referral system, a friendly interface and other services. And if you have any questions, users can always consult with the prompt and competent support service, which provides services around the clock and seven days a week. Already today, positive feedback from experienced traders is working on the image of the Binance platform.
The project has been known to the world for only two years, and the Binance exchange is still considered a young, but already very successful platform. Officially, the developers registered an exchange in Hong Kong, but thanks to a well-planned advertising campaign, the project was quickly developed, including in Russia and Europe.
Optimal conditions for working with the site have been created: to provide a minimum commission, a referral system, a friendly interface and other services. And if you have any questions, users can always consult with the prompt and competent support service, which provides services around the clock and seven days a week.
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Binance is one of the leaders in terms of liquidity and popularity of online exchanges in the world. It is used for such types of trading as marginal, futures (with a leverage of up to 125x), spot, and P2P. Too many users registered on the resource in 2018, which led to the temporary closure of registration for web users. At the moment, this restriction is removed, and most jurisdictions can create their own account and make purchases/sales. Due to the increasing popularity of the exchange in European countries, on the website binance.com the Russian version is available.
Verification on the resource is not required, but if you pass it, the daily withdrawal limit will be lifted, which is equal to two bitcoins. On this exchange, operations are possible not only with cryptocurrencies, but also with ordinary money. This exchange accepts currency units such as:
- USD.
- Russian rubles.
- Ukrainian hryvnia.
- Euro.
- Kazakhstani tenge.
- Turkish lira

The exchange also has its own token with the name of the Binance coin (BNB). 1.09.2020 the value of this token is made of 20.66 USD per foreign currency unit. The amount of its market capitalization is above $ 2.9 billion.
The essence of this token is as follows:
- Reducing the trading Commission.
- participation in events.
- Increase in partner remuneration.
To activate the token services, you need to make the discount active in the "user Center" tab. Before that, you need to buy a Binance token.
The table below briefly shows the most important information about the Binance crypto exchange.
The information is current relative to 1.08.2020.
Registration on the exchange Binance

In order to register on this crypto exchange, you will need to fill out a standard registration form with your username, password, and agreement to use the services after you have read them.
After entering all the data and reading the user agreement, go to create an account, a captcha will appear in a new window to solve it, then you need to confirm the email address that you specified and click "Verify email", after that registration was successful.
Log in to your Binance account
To log in to your profile, click on the "log In" icon and enter your username and password. It is advisable to enable two-step authentication before you start working on the site.
If you don't want to permanently or temporarily enable two-step login, you can close the window that recommends enabling two-factor authentication with the "Skip for now" button, but this window will periodically reappear.
To log in to your personal account, go to the "user Center" icon.
Initially, the profile has the status L1, i.e. it did not pass verification, so it has a limit on the daily withdrawal of cryptocurrency in the amount of two bitcoins. To increase the limit, you need to get Lv2 status. after that, you can withdraw more than one hundred bitcoins during the day.
To complete the identity verification, you need to add documents and address of residence, and for this, you need to enable 2FA.

Enabling 2FA verification
To ensure the security of your account on this resource, you need to enable two-step login. After logging in to the Binance crypto exchange website, go to the "Security" section on your account.
  • First, you need to enable login confirmation via SMS. Instructions on how to do this are available on the official website. If you didn't send an SMS, you need to double-check the specified phone number and do the above actions after 60 seconds.
  • Next, enable the option by clicking "enabled SMS authenticator"

After that, you need to enable GA login confirmation. You need to do the steps specified in the instructions:
  • click "Next"
  • enter your account password
  • click the "Send SMS" button
  • entering a code from a message
  • click "Send" in the window.
How to trade on the Binance exchange
To start trading, you need to log in to your Binance account and select an exchange. Beginners should choose the Basic exchange interface:
Here you can see the search box where you have to enter the code of the coin you want to trade. Or you can choose one of the default options:
As you can see, there is a customizable chart where you can analyze price changes, a table with executed orders, and the price of the asset you have chosen to trade compared to other assets.
When you start trading, you must select the coin you want to buy / sell and the coin you will use for trading operations.

How to buy and sell cryptocurrency on Binance
Binance has two trading modes - basic and advanced. The interface of the platforms looks almost the same, with the only difference that in the extended interface you can use different technical indicators for deeper analysis. For example, you can use technical indicators in the extended interface, as shown in the screenshot below:
All other functions available to traders are the same, regardless of which interface you use. So, it's best to use the basic interface until you get deep into technical analysis.
When you enter the main trading interface and select a trading pair, you must select the order type.
How to buy and sell bitcoin (BTC) for Financing
If you want to buy and sell BTC, you need to follow a few simple steps on Binance:
Log in to the Basic Exchange interface
Select the BTC and the coin you are going to buy in the upper-right corner of the interface
Now scroll down to the orders section and use them as shown in the section above. Or, if you just want to buy BTC, use the market order option and specify the amount of BTC you want to buy in the corresponding field
The order will be executed at the market price. Make sure you have enough funds to complete it. Then click the Buy BTC button and confirm the order.
Sell BTC
The steps are almost the same. The only difference is that if you need to sell BTC on Binance, make a Deposit in the BTC that you want to sell on the Binance wallet.
When the transaction is completed (Binance Commission is not charged), log in to the exchange.
Select BTC as the tradable asset and the coin you want to get in return (in our example, this is USDT).
Scroll down to the Market order section and specify the amount of BTC you want to sell at the market price.
Then click "Sell BTC" and confirm the order.
Please note that regardless of whether you are buying or selling, there is a minimum order size. To find out for BTC on the exchange page, hover your mouse over the "trading Rules" button and you will see the full information
Binance margin trading
Margin trading allows users to operate with larger amounts than you have in your account. For example, you have $ 10 in your account, but with margin trading enabled, you can work with $ 10 as with $ 50, $ 100, or even more.
Binance recently enabled this feature for traders, and now you can use it for good. However, it should be noted that margin trading is quite risky. The fact is that here a change in the price of an asset can lead to either more profit or more losses. Thus, if the value of assets decreases by a few percent, you can immediately lose your entire Deposit in margin trading.
This feature can be useful for dedicated traders and can lead to big losses for beginners. Thus, before you start using margin trading, it is better to get some experience and knowledge.
How to withdraw funds from your Binance account
Withdraw funds from the Binance wallet is not particularly difficult.To do this, you will need any exchanger or wallet, from which you can then transfer money to a QIWI wallet, Yandex wallet, or MasterCard or Visa card.
In order to withdraw funds from Binance to your wallet, you need to log in to your Binance account. Next, go to the "Wallet" tab and select "Spot wallet".
On the page that opens, click "Output" and select the coin we need.
After that, you go to the page of your chosen coin in Your personal wallet and copy its address, return to the Binance website and insert it in the "BNB recipient Address" field.
Then you enter the amount you need to transfer and click "Send".
After these steps, a window will pop up where you will need to enter the Google Authenticator code that will be sent to Your phone number.
Then the service will send You an email to confirm the withdrawal of funds
That's all. In just a few minutes, Your money will be in Your personal wallet. As you can see , it is not difficult to withdraw money from Binance.
EXCHANGE'S MOBILE APP
FINANCE CREATED THE FINANCE EXCHANGE CRYPTO TRADING APP, AVAILABLE FOR ANDROID AND IOS. IT WEIGHS A LITTLE LESS THAN FIFTY MEGABYTES AND INCLUDES ALL THE MAIN TRADING FUNCTIONALITY, AS WELL AS A REFERENCE DATABASE. FINANCE ENC. IT WORKS FAST AND ONLINE, WITH METRICS UPDATED EVERY SECOND.To perform trading operations, you will need to make three consecutive steps specified on the resource.

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Blog of Binance
News and updates from the world’s leading cryptocurrency exchange.
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Help build the future of technology. Start your new career at Binance.

 Stay in touch.

24/7 Support
Got a problem? Just get in touch. Our support team is available 24/7.
Blog of Binance
News and updates from the world’s leading cryptocurrency exchange.
Careers
Help build the future of technology. Start your new career at Binance.

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