- What is Binance Exchange?
The Binance Exchange, known to all global cryptocurrency traders, was founded by Zhao Changpeng in 2017. It offers comprehensive digital currency trading services. Whether you want to trade mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), or invest in emerging cryptocurrencies, Binance provides a rich variety of trading pairs and an efficient trading system.
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The Binance platform supports various trading modes, including spot trading, futures contracts, leveraged trading, staking, Launchpad, etc., while also providing users with a variety of financial products such as savings, lending, and loans. It supports interfaces in 36 languages and has obtained compliance licenses in countries like France and the UAE, demonstrating its flexibility in adapting to global regulatory frameworks.
Binance (Binance) Chinese official website registration guide
2. Binance Official Website Registration Process
Ensure you are visiting the official Chinese website of Binance. By accessing the official website, you can ensure that you download the genuine Binance client or enter the official registration page.
After entering the Binance Chinese official website, find and click the "Register" button in the upper right corner of the homepage. After clicking, you will be redirected to the registration page, where multiple registration methods will be available for you to choose from.
Binance Official Website Registration
Binance offers several different registration methods; choose the one that suits your needs:
Phone number registration: After selecting phone registration, you need to fill in a valid phone number and set a password. During registration, you will receive a text message verification code, and after entering the code, you can complete the registration.
Email registration: After selecting email registration, you need to provide a valid email address and set a password. During registration, the platform will send a confirmation email to your inbox, and you need to click the link in the email to complete the verification.
Phone Number Registration
If you choose phone number registration, Binance will send a text message containing a verification code to your phone. After entering the SMS verification code, click confirm. If it is email registration, the system will send an email containing a verification code to your inbox. Open the email, copy the verification code, and enter it on the registration page, then click confirm.
Verify Phone or Email
Regardless of whether you choose phone number registration or email registration, you need to set a password. A strong password typically includes letters, numbers, and special characters, and the password length should exceed 8 characters. Setting a strong password can effectively enhance the security of your account.
It is recommended to use a unique and hard-to-guess password and avoid using the same password as other accounts. To further enhance account security, you can also choose to use a password manager to store your passwords.
Set Password
After completing the password setup, your Binance account has been successfully created.
Binance Account Registration Completed
After registering on Binance, you may need to undergo identity verification to enhance your account usage permissions, especially if you plan to conduct large transactions or withdrawals. Identity verification includes the following steps:
Upload a legal identification document such as the front and back of your ID card, passport, or driver's license.
Wait for Binance to review.
KYC review generally completes within 2 hours, and once approved, the account will unlock higher withdrawal limits and trading permissions.
Binance Identity Verification Completed
To ensure account security, Binance strongly recommends users enable two-step verification. Two-step verification is an additional security measure that requires you to provide two forms of identity verification when logging in or performing financial operations.
Authenticator app: Download and install the Google Authenticator app, and bind your account by scanning a QR code. Each time you log in, the authenticator will generate a temporary verification code, enhancing account security.
SMS verification: Bind two-step verification to your phone number. Each time you sell coins or perform important operations, Binance will send a verification code to your phone.
Binance Enable Two-Step Verification
After completing account registration and KYC verification, you can further improve your account's security settings. Binance offers various security options:
Change login email: If you change the bound email, the system will send a confirmation email to ensure the security of the change.
Anti-phishing code setup: By setting an anti-phishing code, you can distinguish whether the emails you receive are from Binance's official sources.
Binance Anti-Phishing Code Setup
3. Introduction to Binance Account Functions
After completing registration, you can start using various functions of the Binance exchange. The Binance platform provides a variety of services covering everything from digital currency trading to financial products, helping users better manage their cryptocurrency assets.
- Cryptocurrency Trading
Binance offers multiple trading modes, including spot trading, leveraged trading, and futures contracts. Users can choose trading pairs they are interested in, such as BTC/USDT, ETH/USDT, SOL/USDT, and perform buy or sell operations.
Spot Trading:
Supports trading of mainstream coins like BTC, ETH, USDT, and hundreds of altcoins, providing limit orders, market orders, and other modes.
Leveraged Trading:
Amplifies trading leverage through borrowing, increasing trading returns, but also carries risks.
Futures Contracts:
Participate in the rise and fall of digital currencies through contract synthesis, with options to go long or short.
Types of Cryptocurrency Trading - Cryptocurrency Storage and Transfer
Binance provides cold wallet and hot wallet services, allowing users to store their digital assets on the platform or choose to withdraw them to personal wallets. Transfers are also very convenient, supporting mutual transfers between various cryptocurrencies.
Cryptocurrency Storage and Transfer - Binance Earn Financial Products
Binance's Earn is a platform that provides users with diversified cryptocurrency financial services, aimed at helping users earn income through holding or staking digital assets. Here is a detailed introduction to Binance Earn.
Binance Earn offers various flexible, low-threshold financial options, mainly divided into the following categories:
(1) Flexible Financial Products
Features: Withdraw anytime, no lock-in period, flexible funds.
Returns: Calculated hourly or daily, with lower but stable returns.
Suitable for: Short-term idle funds or users with high liquidity requirements.
Binance Flexible Financial Products
(2) Fixed Financial Products
Features: Fixed lock-in periods (e.g., 7 days, 30 days, 90 days, etc.), non-redeemable during the period.
Returns: Typically higher than flexible financial products, with longer lock-in periods yielding higher returns.
Suitable for: Medium to long-term holders willing to sacrifice liquidity for higher returns.
Binance Fixed Financial Products
(3) Binance Launchpad
Binance Launchpad is Binance's blockchain project launch platform, providing users with the opportunity to participate in new project issuances (IEOs). Through Launchpad, users can have priority in participating in token subscriptions for innovative projects.
Features: Participate in the distribution of new project tokens (mining new coins) by staking tokens (e.g., BNB, BUSD).
Returns: Receive airdrops or early rewards of new project tokens.
Suitable for: Long-term users interested in emerging projects.
Binance Launchpad - C2C Fiat Recharge or Sale
Binance supports the purchase and sale of fiat currency through the C2C trading market, supporting various currencies such as USD, EUR, CNY, etc. For domestic users, payment methods support bank cards, Alipay, WeChat, credit cards, etc. However, when selling or purchasing, it is recommended to use unimportant or idle bank cards or Alipay to avoid the risk of encountering unknown funds that could lead to card freezing.
C2C Fiat Recharge or Sale
Through the above steps, you should have completed your registration on the Binance platform and successfully logged in. Binance not only provides convenient trading functions but also ensures user security through robust security measures (such as two-step verification, KYC certification, etc.), offering users a safe and efficient trading environment.
With the rapid development of the cryptocurrency market, Binance's diversified functions and innovative services will continue to be launched. Whether you are a newcomer just starting to invest in cryptocurrencies or an experienced trader, Binance can provide you with comprehensive support and services.