Binance is one of the world's leading cryptocurrency trading platforms, providing a wide range of digital currency trading and investment services. For Chinese users, Binance is not only easy to operate, but also has a strong security system. In this article, we will introduce in detail how to register an account on the Binance platform, and share some precautions and FAQs in use.
1. Introduction to Binance
Binance is the world's largest cryptocurrency exchange, providing the buying, selling and trading of a variety of digital assets. It supports multiple functions such as spot trading, futures trading, leveraged trading, etc., and is the preferred platform for investors to trade cryptocurrencies. For Chinese users, Binance's simplified Chinese interface and efficient trading services provide convenience.
2. How to register on Binance platform?
1. Open Binance official website
First, use the following link to visit Binance official website: Binance official website. Please note that it is recommended to use a reliable VPN tool to access (recommended to use Taiwan area), because mainland China has restrictions on some cryptocurrency-related websites.
2. Click the "Register" button
After entering the homepage, find the "Register" button in the upper right corner of the page and click it to enter the registration page.
3. Fill in your personal information
Email Registration: On the registration page, you can choose to register via email. Please fill in your commonly used email address and set a highly secure password.
Mobile phone registration: You can also choose to register by mobile phone number, which supports mobile phone numbers in mainland China. After filling in the number, you will receive a verification code and enter the verification code for verification.
Enter invitation code: RFHBT7IA
4. Set up 2FA
To increase account security, Binance strongly recommends enabling two-step verification (2FA). You can use Google Authenticator or SMS verification for security settings. This can effectively prevent your account from being illegally hacked.
5. Real-name authentication (KYC)
Binance requires users to undergo KYC (real-name authentication) to ensure transaction security and compliance. The steps for real-name authentication include uploading valid documents such as ID card, passport or driver's license, and performing facial recognition verification. Usually, the review process takes a few minutes to a few hours.
3. Things to note when using Binance
1. Security issues
Use strong passwords and 2FA: Make sure your account passwords are complex enough and always turn on two-step verification.
Avoid using public WiFi for transactions: To prevent account theft, it is recommended not to use public WiFi for transactions.
2. Access issues
Due to the policy restrictions on cryptocurrency in mainland China, Binance's website may be intermittently inaccessible. Using a VPN tool can solve this problem, but be sure to choose a reliable VPN service provider to ensure your data security.
3. Fund security
Wallet usage: In addition to storing funds on the Binance platform, it is recommended that most long-term cryptocurrencies can be transferred to cold wallets for enhanced security.
Diversify investment risks: The cryptocurrency market is volatile, and diversifying investments can reduce risks.
4. Legal risks
China has strict policies on cryptocurrencies. Although Binance does not operate in mainland China, users still need to understand and abide by relevant laws and regulations and avoid large transactions during sensitive periods.
4. FAQ
1. Why is Binance sometimes inaccessible in China?
Due to policy reasons, some cryptocurrency-related websites are blocked in mainland China. You can use VPN tools to access Binance.
2. What payment methods does Binance support?
Currently, Binance supports the purchase of cryptocurrencies through P2P transactions. Users can use bank cards, Alipay or WeChat Pay to make transactions. However, please note that these payment methods do not directly support Binance transactions, but are conducted through person-to-person transactions.
3. Can I buy Bitcoin with RMB?
Yes, you can use the P2P trading market on Binance to buy Bitcoin and other cryptocurrencies with RMB. P2P trading is a peer-to-peer transaction between users, and the Binance platform only acts as an intermediary to ensure the security of the transaction.
4. How can I ensure the security of my trading account?
Use complex and unique passwords;
Enable 2FA two-factor authentication;
Update your passwords regularly and don't use the same password on different platforms.
5. How is Binance’s transaction fee calculated?
Binance's spot trading fee is 0.1%. By holding BNB coins (Binance platform token), you can get additional fee discounts. In addition, futures trading and leveraged trading also have different rates. For details, please refer to the rate table on the Binance official website.
V. Conclusion
As the world's leading cryptocurrency trading platform, Binance provides Chinese users with safe and efficient trading services. Through the registration process and precautions introduced in this article, you can easily use Binance for digital currency trading. But remember that the cryptocurrency market is volatile, so you need to be cautious when investing and always keep your account safe.
I hope this guide helps you better understand and use Binance. If you have any questions, please leave a comment in the comments section!
