Everyone interested in trading would love to be on a Binance platform where it holds the record of second-highest daily trading volume across the world. To dive into the Binance world, users have to create an account. Though the exchange has a straight-forward and user-friendly interface, and to get Level 1 verification, you don’t have to verify your account that serves a 2 BTC daily withdrawal limit.
When it comes to level 2 that allows up to 100 BTC a day, you are required to upload a photo ID and have to wait until your account gets verified. Also, the time required to verify your Binance exchange account entirely depends on the availability of the site support staff, therefore, you have to make sure that you plan everything if you wish to withdraw larger amounts and make sure that this step is completed before depositing and trading large sums on the exchange.
- Users can now move ahead and fund their Binance account. You have an option to choose currency out of copious digital currencies. To fund your account, you have to visit the “Funds”> “Deposits/Withdrawals” available at the top of the site and choose the currency you want to send, then click on the “Deposit” button next to it that will take you to the wallet address.
- Now, you’re able to send your funds to this address to start trading on the platform, based on the currency you deposit and it will take time to reflect as it is dependent on that currency blockchain.
- There are a few currencies such as Ethereum which are faster than Bitcoin and might take a while.
- Since your account is funded, you have to start trading, exchanging, and investing among various digital currency pairs. The exchange offers maximum options as they support all major digital currencies along with numerous ICO listings and their respective tokens.
Introduced in the year 2017, the exchange was discovered by Changpeng Zhao. The exchange was initially launched in China but due to a ban by the government, the exchange shifted its headquarter to outside China. Now, the exchange has come up with many changes like fiat currency acceptance, new payment modes, etc. But, now China has also welcome the exchange back in the country.
If you have created your account, you are requested to keep your password strong and confidential. Sometimes, it happens that users come across signup and login issues which are difficult to resolve as users don’t have solutions related to all errors. If you don’t know how to resolve Binance signup and login issues, you can always connect with the team members who are always there to handle you. Binance users often come across such minor issues which can create trouble if not treated on time. So, users to avail answers related to these errors, you can put forward your queries via chat or email and the experts will get back to you soon.