Getting Started Guide to Binance - Crypto Coin Analysis

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Sunday, March 11, 2018

Getting Started Guide to Binance

Binance is a Malta-based cryptocurrency exchange, famous for the variety of altcoin listings and low commissions. It has also managed to gain a lot of popularity due to its easy to use website design and fast servers. After it is launched, it has reached 3rd place in coinmarketcap in less than one year. Now they are the biggest cryp
tocurrency exchange by volume in the world. However, Binance continuously improves its portfolio and services.


Those who visit Binance for the first time will see that the platform offers a user-friendly toolbar. You can quickly adapt the website and learn to trade in minutes. I will help you during this process, don't worry. 


But Binance also offers an advanced version for its customers. This version provides a more technical analysis of digital currencies with many indicators by Tradinview. Hence it is not just a platform for beginners but also professionals.


To use Binance, first-time visitors will first have to create an account. After you filled in some necessary information such as email, name, etc., you can register without sustaining any documentation. Binance lets you trade until 2 BTC with KYC(Know Your Customer). If you would like to trade more than 2 BTC per day, you should provide an ID with a photo and the platform that enables you to trade up to 100 BTC. But for this getting started manual, this is unnecessary. 



In this article, I will show step by step how to register Binance and purchase BTC or any other crypto coin and how to trade in cryptocurrencies. 


To register Binance, please click this link first. 

Binance Registration Link: https://www.binance.com/en/register?ref=NPEN2C9A


You will get %10 off with your commission fees recognition to my referral link. And it is a way to thank me as well :)



Fill in the information here and control to referral kickback rate to get %10 discount. 


When you register for the Binance exchange, please download Google authenticator to your smartphone and go to Security-Google Authentication, and set yourself a 2FA code. It's straightforward. You need to scan the QR code in your Google Authenticator app from your smartphone, and you’re all set to use the exchange.





Let's suppose you registered to Binance and looking to deposit your account. 


Here it comes to the vital point. A couple of years ago, it was impossible to deposit USD to your Binance account directly. But right now, it’s easy peasy. 


Go to Wallet-Fiat and spot-Deposit-Choose the currency you wish to deposit. In this example, we choose the USD to deposit. Enter the amount you want to deposit and click Continue. You will see a reference code for this deposit on the next page. You should copy it and paste it to your transfer order’s detail or explanation segment. Click continue, and you will find all the details of Binance’s bank account. You should transfer the money from a bank under your name. When you finalize the transfer, It will be processed in two business days.  


If you wish to use your credit card directly, that is also an option and is a fast way of purchasing crypto. You can still use Binance for it. When you click deposit, you will find a segment saying, “Buy BTC & ETH with a credit card now”. Click here and you will see this page below. 




Click “Buy Bitcoin Here” choose VISA or MASTERCARD, and finalize your transfer. 



Alright, now you have purchased your first crypto and became a coiner :) congratulations.          


Please educate yourself every day while trading. 


You can follow me on Twitter for last updates and my own trading ideas: 

https://twitter.com/ccoinanalysis

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