#BNB#Binance#BinanceRegistration#BinanceTutorial#BinanceChina #BinanceDownload
Binance official website registration link: Binance
Fill in the referral code: YISPALEX to enjoy 20% rebate
Recommend Taiwan IP, open Binance invitation registration link: 20% handling fee discount (for users without VPN, please refer to Binance China's latest website)
If you register in the app, after creating the account, enter the referral code YISPALEX and click Submit to bind and you can also get this benefit.
Step 1: Binance Registration in Mainland China
1. Internet IP: Taiwan, Hong Kong, and Macau IPs are recommended. The United States, Singapore, Japan, the United Kingdom and other countries have restrictions. Switch to the corresponding IP to open the Binance invitation registration link;
2. Invitation rebate: Use the Binance invitation registration link to enjoy a 20% handling fee discount/invitation code YISPALEX. This can only be used when registering, with a 20% lifetime rebate. This benefit is not available in non-channels.
3. Identity authentication KYC: No restrictions. When mainland users perform identity authentication (KYC), select "China" as the country and use the mainland ID card for authentication.
Let’s look at the detailed process below.
Mainland China can participate in the full version of the transaction normally without restrictions. It is important to remember to use the invitation rebate YISPALEX and avoid the IP restrictions of individual countries.
Let’s take a look at the detailed tutorial for Binance registration for Chinese users
Click on the Binance invitation registration link:BinanceEnter the registration page (Taiwan IP is recommended), click to register via email/mobile phone number:
Hong Kong IP will prompt "Not applicable to Hong Kong residents", just click "I understand", it will not affect registration. The United States, Singapore, Japan, the United Kingdom and other countries have restrictions, you can use the global mode of Kuailian to hang Taiwan IP.
Step 2: After entering the personal account creation page, enter your mobile phone number/email address, check "I have read and agreed to Binance's Terms of Service", and click Next:
Remember to select the "+86" area code for your mobile phone number. You can also use the domestic 163 mailbox, QQ mailbox or the foreign outlook and gmail.
Step 3: Enter the verification code you received:
The verification code is in your mobile phone text message or email. If you don’t receive it, switch networks or restart and try again.
Step 4: Set the password as required:
At least 8 characters, at least one number, at least one uppercase letter
Step 5: After completing the registration, confirm the referral code and the cashback ratio you will enjoy:
After the password is set, the registration can be completed, and the page will display the corresponding Binance referral code and corresponding discounts.
Referral code YISPALEX can enjoy a lifetime 20% handling fee discount. (No discount if left blank)
Remember to fill in and click Submit. If you are prompted that your region cannot participate in the referral program due to restrictions in the region where the VPN is located, it is recommended that you switch to Taiwan, Macau and other regions.
2. Certification Tutorial
After downloading and binding the invitation relationship, perform identity authentication
Due to the anti-money laundering requirements of financial products, identity authentication is now required. And it is guaranteed to be safe!
Mainland users can use their Chinese ID cards. When authenticating, remember to select China as your country. If you make a wrong choice, you can contact customer service to change it.
The review process is relatively fast and can usually be completed on the same day.
After authentication is completed, bind Google and 2FA
After registration and certification above in the evening, we can conduct spot trading.
Spot Trading
Spot trading refers to the exchange of currencies. Usually, the way to make a profit is to buy low and sell high, such as buying bnb at 300 and selling at 400.
The spot trading method is relatively simple. Click on the transaction at the bottom of the app homepage, select the currency you need to trade, and buy or sell.
Spot Trading Zone Buying and Selling Tutorial
(1) Funds transferred to the trading account
(2) Buy or sell
Spot trading refers to the buying and selling of currencies. For example, if you hold USDT, you can use USDT to buy BTC. The profit of spot trading is to buy low and sell high. For example, if you buy BTC at 60,000 and sell BTC at 70,000, then without considering the handling fee, the profit of trading one BTC is 10,000USD.
Buying means buying BTC with USDT, and selling means selling BTC to get USDT. If you need to exchange USDT for BTC, you can choose to buy.
Spot Fee Algorithm
The profit model of spot trading is to buy low and sell high to gain profits
For example, in the screenshot above, if you buy a bnb at a price of 430u, you need to pay 430u.
If I sell a bnb and the commission price is 460, then I will get 460u after the transaction, and the difference of 30u is the profit, without considering the buying and selling fees.
The transaction fee will be deducted from the assets you receive. For example, if you buy ETH/USDT, the transaction fee is paid in ETH. If you sell ETH/USDT, the transaction fee is paid in USDT. For example: You place an order to buy 10 ETH at a price of 3,452.55 USDT per share: transaction fee = 10 ETH * 0.1% = 0.01 ETH or you place an order to sell 10 ETH at a price of 3,452.55 USDT per share: transaction fee = (10 ETH * 3,452.55 USDT) * 0.1% = 34.5255 USDT
Finally, don’t forget to use the referral code, use the referral code YISPALEX to get a 20% reduction in handling fees!
https://www.binance.com/zh-CN/join?ref=YISPALEX