Is a large-scale cryptocurrency exchange that provides a platform for trading various cryptocurrencies?  By April 2021, Binance has become the largest cryptocurrency exchange in the world in terms of volume of trade. This was started in the year 2017.  Chapngpeng Zhao and Yi Hew, who pioneered the initiative to start here, are headquartered in the Cayman Islands. 

How to create an account on Binance

Binance 

There are two required blank fields on the registration page when you register. 

1. Email: – You will need to provide your personal valid email address to receive a confirmation email and to reset your password in the future.
2. Password.  The password you use must contain at least 8 characters, at least 1 UPPER CASE and at least 1 number.

Next, you must “check the box next to the box when I am over 18”, I agree to the terms of the account.  You will then be able to create an account.  Then you can press the “click” button.

“The binance security system in Binance will be performing an additional test to determine if you are a real person and not the robot.  What they do is ask you to move the puzzle to the right place with the slider at the bottom.  (Then left-click and hold the slider).”

The next step is that you need to verify your email address here.  Here is an email with instructions on how to activate your binary account and a specific email address is waiting for you.

How do I activate my Binance account?  Is the question that now arises for you.

Binance Beginner’s Guide

Here all you have to do is first open the mailbox, then click on the exchange letter and then the orange button.  “Verify Email”.

You will then see an SMS stating that your financial account is ready to be activated.  This means that you can log in to cryptocurrency and start your trading.

Now open the official Accounts website, click the “Login” button in the top right corner, enter your newly registered data (email address and password) and click the “Login” button at the bottom.

Then, you need to make sure again that you are not a robot.  Hold the slider with the left mouse button under the image and drag the puzzle to the specified location.  If you do it correctly and properly, you will successfully pass the permit and if not, you will have to repeat this procedure.

As mentioned above, upon receipt of the approval, you will be notified that additional Account Security (2FA) activation is permitted.

Verification using Google is done through a mobile application called “Google Authenticator”.  So you need to have it installed on your smartphone, whether it is Android or iOS (iPhone).

 It may take you a few minutes to go to this setting and click “Google Check”.  First, install the Google Authenticator app from the link on the left side of the screen.

Open this app on your smartphone and press the “+” on the top keyboard to add a new account.  In the exit menu, select “Scan in QR-code”, then point the device camera to the QR-code on the Binance Exchange page

Binance account

Next, you say, “I have backed it up.  Click Go.  Do this to complete the setup completely.  In this window, in the first field, enter the 16-digit key, enter the account password in the second, and the third 2FA code in the application (the code is generated every 30 seconds).  When you are ready, click “Activate 2FA”.  If activation is successful, you will be notified.

 Now, every time you log in to your binary exchange account, you need to enter the 2FA code from the Google Authenticator app.  But the chances of trespassing on this are a hundred times less.

Now you go to Binance.com and browse through your profile icon in the top right corner.  And one-click on the “User Center” drop-down menu.

 You will now find various profile settings on the next page, including authentication settings.  Next to its email address, your profile level is displayed (I currently have the first level).

 On the right side there are three levels of identity verification.  Lastly, thirdly, it removes almost all the restrictions, but you have to contact the exchange administration to get it.  Click “Submit Authentication Documents” next to Level 2 to proceed.

Then you can be verified as a company or an individual. I choose personal verification.

Nest, you can pass the verification using your passport or driver’s license.

In the case of your passport, you need to enter its number, which is located to the right of your photo and is located in an upright position. If you are using a driver’s license, its number is at the bottom of the list on the front side. 

How to create a Binance account?

For your Passport to pass the verification, you need to take two photos of the front side and the first page, where personal data should be clearly visible.

If you are using a driver’s license, then take a photo of the front and backside so that each letter and symbol are clearly distinguishable.

All photos must be taken in JPG format. Many smartphones and cameras offer the option to select a format before shooting. You can also convert the images to JPG images later.

After that, the third photo should contain the documents on the background of the face, as well as the inscription “Binance” with the current date, as in the example.

In General, you should have three of four pictures: documents are separately on both sides and documents with your selfie and the inscription “Binance” with the current date on the separate sheet. So the administration of the crypto exchange can make sure that the verification is a real person.

Upload the photos to the relevant sections and check the form if you have completed everything correctly and without errors.

When you’re ready, click the Submit form button at the bottom of the page. Now you have to wait for a response from the exchange. On average, the verification process on the Binance takes from 15 minutes to 2 hours, so be patient.

You’re done, your account is now verified!

Is Binance Safe?

The is Binance Safe? Binance is considered the safe exchange that allows users your account protection via the use of Two Factor Authentication (2fa). On May 7, 2019, Binance experienced a major hack that resulted in 7000 Bitcoins stolen from the exchange.

Is Binance hacked?

Hackers have stolen over $40 million worth of bitcoin from Binance, one of the world’s largest cryptocurrency exchanges, the company said on Tuesday. Binance is said the hackers ran off with over 7,000 bitcoin and used a variety of attack methods to carry out the “large scale security breach” which occurred on Tuesday.

10 ways to earn bitcoin

With the Binance Earn, you can start saving, staking, or even becoming a liquidity provider in DeFi markets to earn passive income on bitcoin, stablecoins, altcoins, and the more. … Currently, you can boost your passive earnings with 10 different products with different yield potential and risk levels.

1. Flexible saving
2. BNB Vault
3. Launch pool
4. Fixed savings
5. Locked staking
6. Activities
7. ETH 2.0 Staking
8. DeFi Staking
9. Dual Investment
10. Liquid Swap