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Binance guide for beginners
Create Binance account and buy cryptocurrencies in 3 quick and simple steps:
Step 1: Create an account in Binance
Step 2: Execute Verification – Know Your Customer (KYC)
Step 3: Buying cryptocurrencies
Let us start:
Step 1: Create an account in Binance
Log in to the Binance website and create an account using your email address or phone number, or Google address. You can also use the Binance app. (if you have it installed).
In this example, we have connected to the Google account.Create Binance account and buy cryptocurrencies in 3 quick and simple steps:
Step 2: Execute Verification – Know Your Customer (KYC)
This process usually takes a few minutes and includes checking basic account information, providing identification documentation, and uploading a selfie/portrait.
Following verification (KYC), the five factors: Personal information, Government-issued ID, Liveness check, Questionnaire, Proof of address, you can proceed to the next step, namely buying cryptocurrencies.
Create Binance account and buy cryptocurrencies
Step 3: Buy Cryptocurrencies – You can easily buy Crypto directly using your credit/debit card on the Binance website or the Lite mode in Binance app.
Buying Crypto with a credit/debit card
a) Go to the Binance welcome screen, select [Buy crypto with your credit card]. Otherwise, place the cursor over [Buy Crypto] and select [Credit/Debit Card] from Binance’s homepage.
b) Select the currency in which you will pay and which currency you want to buy. In this example, I bought 100 GBP and received 0.002391 Bitcoin (BTC). You can buy as much as you want using the local currency of your card. Now press the [Continue] button to proceed with choosing your payment card. The [Recurrent Purchase] switch will allow you to configure periodic purchases or sales, if you wish.
c) Now you will need to add your credit or debit card details. Confirm the amount and then click [Add a new card]. It is simple, right?
d) Enter the card details and click [Next]. Please note that you can only use a credit or debit card that is registered in your name.
e) Enter your billing address and click [Add Card].
f) Now you will find yourself on the [Buy Crypto by Card] page. Check the amount twice and click on [Continue].
g) Check the order details twice and, if you agree to the Terms of Use and the Binance Privacy Policy, check the check box. Then click [Confirm] to complete the payment.
h) Once the process is completed, the purchased cryptocurrency will be credited to the wallet [Fiat and Spot]. Usually, opening an account and reaching this stage can be done in 10 minutes. Once the cryptocurrencies have entered your account, you can start trading very easily. Remember, at first it is hard, then everything becomes easy. Click this on this link to learn how to trade cryptocurrencies on Binance.