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Summary of frequently asked questions for new users of Binance exchange

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2024-08-12 12:04:01655browse

FAQ: How to register a Binance account? Visit the official website or download the app, enter your email or mobile phone number, set a password, check the agreement, and complete identity verification. How to top up? After logging in, select the recharge method, enter the amount and payment information, confirm the transaction and wait for payment. How to trade cryptocurrencies? Go to the spot page, select the trading pair, select the transaction type, enter the quantity and price, and click Buy or Sell. How to withdraw cash? After logging in, select the withdrawal method, enter the amount and account information, confirm the transaction and wait for payment. What fees does Binance charge? The transaction fee is 0.1% of the spot transaction amount, and contract transactions vary depending on the type; withdrawal fees are charged based on the cryptocurrency type; credit card

Summary of frequently asked questions for new users of Binance exchange

Summary of frequently asked questions for new users of Binance Exchange

1. How to register coins Install an account?

  • Visit the official Binance website or download the Binance app.
  • Click the "Register" button and fill in your email address or mobile phone number.
  • Set password and referrer code (if any).
  • Check the Terms of Service and Privacy Policy and click "Create Account".
  • Complete identity verification (KYC) to increase account security and transaction limits.

2. How to deposit to Binance?

  • Log in to your Binance account and click on the "Fiat" or "Spot" tab.
  • Select a top-up method (e.g. credit card, bank transfer or cryptocurrency deposit).
  • Follow the instructions to enter the amount and payment information.
  • Confirm the transaction and wait for the top-up to arrive.

3. How to trade cryptocurrencies on Binance?

  • Go to the Spot tab and select the trading pair you want to trade (e.g. BTC/USDT).
  • Select the trade type (e.g. limit, market or stop-loss order).
  • Enter the trade quantity and price (for limit orders).
  • Click the "Buy" or "Sell" button to execute the trade.

4. How to withdraw money from Binance?

  • Log in to your Binance account and click on the "Fiat" or "Spot" tab.
  • Choose a withdrawal method (e.g. bank transfer, credit card or cryptocurrency transfer).
  • Follow the instructions to enter the withdrawal amount and account information.
  • Confirm the transaction and wait for the funds to arrive.

5. What fees does Binance exchange charge?

  • Transaction fee: For spot transactions, 0.1% of the transaction amount (discount for holding BNB). For contract trading, it varies depending on the contract type.
  • Withdrawal fee: Varies based on the type of cryptocurrency being withdrawn.
  • Credit card recharge fee: 1.8%-3.9% of the credit card recharge amount.
  • Fiat currency recharge fee: Varies based on fiat currency type and recharge channel.

6. Is Binance exchange safe?

  • Binance uses multiple layers of security, including two-factor authentication, fund custody, and anti-money laundering measures.
  • However, online safety always requires vigilance. Please be careful of phishing and scams.

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