What is Binance Exchange?

Binance Exchange is an exchange founded in 2017 with a strong focus on altcoin trading. Binance has quickly become one of the most popular cryptocurrency exchanges, offering trading in over 500 cryptocurrencies and virtual tokens (but only one-tenth of that number for US-based customers), including bitcoin (BTC), Ethereum (ETH) is included. Litecoin (LTC), Dogecoin (DOGE), and its own Binance Coin (BNB) tokens.

Advantages of Binance: Additional Services

In addition to exchange-specific services, Binance also provides other tools, platforms and services to support the global blockchain ecosystem.

Binance has a blockchain technology incubator called Binance Labs, which is focused on nurturing promising pre-ICO projects. It assists qualified cryptocurrency project teams by providing necessary development funds, advisory resources, and a launch pad for any necessary listing and fundraising exercises.

Binance also provides a site called Launchpad to host new and emerging blockchain projects and APIs. As of March 2021, 42 projects have been taken up.

It launched its own cryptocurrency Binance Coin (BNB) via ICO in July 2017. BNB has gained popularity and is actively operating with a market capitalization of around $36.4 billion as of March 2021. It is destined to become the native currency of Binance. decentralized exchange.

Binance Features

• A rewards center that offers challenges and giveaways as a way to earn crypto
• Advanced charts with hundreds of indicators and overlays
• Public API keys for integrating other software tools
• More than 13 types of transactions on Binance
• Option to use third-party digital wallet, Trust Wallet
• Users from 180+ countries can trade on Binance, but only 43 states except Connecticut, Hawaii, New York, Texas, Vermont, Idaho, and Louisiana can use Binance.US.

How to Register on Binance App

1. Open the Binance application and click [Login / Register] in the upper left corner.
2. Follow the instructions and enter the email address and password you will use for your account. After reading the Terms of Use (TOU) carefully, click on [register].
3. After clicking [Register], you will see a verification sliding puzzle. Drag the slider to accomplish this.
4. Once you have completed the puzzle, we will send you a confirmation email to the address you specified. Please check your inbox to confirm your registration within 10 minutes.

How to complete identity verification? a step-by-step guide

1. Login to your Binance account and click [User Center] - [Login].

2. Click [Verify].

3. Here you can see three verification levels: Basic, Intermediate and Advanced, and their respective deposit and withdrawal limits. Boundaries vary by country. You can change your country by clicking the button next to [residential country/region].

After that, click [Verify Now] to get started.

4. Enter your personal information and click [Continue].

Make sure that all the information entered is consistent with your identity documents. Once confirmed you will not be able to change it.

5. Your account is now verified for [Basic]. To further increase your trading limit, click [Upgrade to higher limit] to check [Intermediate].

6. Next, you have to upload the photographs of your identity documents. Select the type of identification and the country where your documents were issued. Most users can choose to verify with a passport, ID card or driver's license. Check out the respective options given for your country.

7. Follow the instructions to upload photos of your document. The complete identity document should be clearly visible in your photographs.

8. After uploading the document photo, the system will ask for selfie. Click [Upload] to upload an existing photo from your computer.

9. After that, the system will ask you to complete the face verification. Click [Continue] to finish face verification on your computer. Do not wear hats, glasses or filters and make sure there is enough light.

10. After completing the process, please wait patiently. Binance will review your data from time to time. Once your application is verified, we will send you an email notification.

11. To further increase your trading limit, click [Advanced] Click [Verify Now] to complete the verification.

12. Enter your address and click [Continue].

13. Upload your proof of address. It can be your bank statement or utility bill. Please note that the image size cannot exceed 5M. Click [Confirm] to submit.

14. You will be redirected back to [Personal Verification] and the verification status will show as [Under Reviewed].