Binance Made Simple: What You Need to Know

Bit Coin 1638165946
bitcoin, money, virtual @ Pixabay

バイナンス取引所 Binance is an international digital currency exchange that is making waves in the cryptocurrency world. It has become the most popular cryptocurrency exchange, but it’s also one of the hottest sites on earth right now.

Below are some key things you need to know before getting started with バイナンス取引所 Binance.

  1. You don’t need to fund your account with money prior to trading – instead, you use other cryptocurrencies as a form of payment for services rendered on their platform. In order to buy coins from バイナンス取引所 Binance, you have to connect your wallet and set up 2FA verification before proceeding with the process of buying coins from them by submitting a trade request.
  2. You can also use credit cards as a form of payment to buy coins from バイナンス取引所 Binance. The only thing you have to do is deposit money into you バイナンス取引所 Binance account using your Visa, MasterCard, or other credit card, then go ahead and place an order with the amount you want to trade in.
  3. You can use any of the 3 popular types of wallets when making purchases on バイナンス取引所 Binance. These are Electrum, Jaxx, and MyEtherWallet. Electrum is fastest, but it’s also easiest to hack so if you choose to go with this option I would suggest doing so with extreme caution or at least taking 2FA authentication very seriously 🙂
  4. Binance’s supported trading pairs are outlined below. The trading pairs are arranged from one trading pair that is most highly traded on the platform at any given time to one that is least traded. Some of the notable coins listed on Binance include: Bitcoin, Ethereum, Litecoin, Monero, Ripple, Iota, EOS, NEO.
  5. The deposit and withdrawal limits for Binance are shown below. Note that some limits may be lifted depending on your identity verification status.
  6. The supported currencies for trading on Binance are as follows: Bitcoin (BTC), Ether (ETH), USDT (Tether) or BNB (Binance Coin).
  7. You can trade from anywhere in the world with バイナンス取引所 Binance. This is a very different type of exchange from something like Coinbase that only currently supports trading from EU countries.
  8. The バイナンス取引所 Binance trading platform is a website and a mobile app so you can trade on the go. The trading platform can be accessed through your browser or by downloading their mobile apps for iOS and Android devices.
  9. バイナンス取引所 Binance supports several languages for their users to use as well as some additional features such as using the Asian version of the language if you’re mainly located in an Asian country as well as some other specific features depending on your situation regarding where you are from.
  10. If you’re wanting to buy or sell altcoins on バイナンス取引所 Binance, the first thing you have to do is create a バイナンス取引所 Binance account. To begin using バイナンス取引所 Binance you have to have an account. You can also use an existing account if it’s already associated with your email address.
  11. Once you have created your バイナンス取引所 Binance account, you can follow the link provided to download their mobile app so that you can quickly check the price of crypto coins on バイナンス取引所 Binance as well as placing orders without having to leave the comfort of your home or office.
  12. When trading on バイナンス取引所 Binance, it’s important that the trading platform works for users because this is where all of your trades are supposed to be executed and settled by.


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