As a world-renowned digital currency trading platform, Binance has attracted the attention of many investors. For users in mainland China, although there are certain regulatory restrictions, there are still ways to register and use the Binance platform to trade digital currencies. The following is a detailed tutorial on registration, real-name authentication, Google Authenticator settings, buying and selling coins, and C2C transactions.
Register a Binance account
Visit the official website: click the registration link https://www.binance.com/join?ref=GQTRR5QP or enter the invitation code when registering: GQTRR5QP to enjoy 20% rebate
Choose a registration method: On the official website homepage, click the "Register" button. You can choose to register via email, mobile phone number, or third-party social media account (such as Apple ID, Google account, but please note that users in mainland China may be restricted). It is recommended to register with an email address so that you can receive verification information and notifications later.
Fill in the information: Enter your email address and set a strong password (usually including uppercase and lowercase letters, numbers and special symbols). After reading and agreeing to the Terms of Service and Privacy Policy, click "Register".
Verification email: After successful registration, you will receive an email containing a verification code. Log in to your email, find the email sent by Binance, and enter the verification code to complete the email verification.
Real-name authentication
Log in to your account: After completing email verification, log in to your Binance account using your email and password.
Go to the real-name authentication page: In the account settings, find the "Real-name authentication" option and click it. You need to fill in your real name, ID number and other personal information, and upload photos of the front and back of your ID card and a photo of you holding your ID card.
Submit for review: After completing the information and uploading the photo, submit for review. Binance will review your information. After the review is passed, you will be able to enjoy higher withdrawal limits and more advanced features.
Setting up Google Authenticator
Download Google Authenticator: Search for "Google Authenticator" in your phone's app store and download and install it.
Bind your account: Log in to your Binance account, find and click the "Google Authenticator" option in your account security settings. Follow the prompts and scan the QR code on the page or manually enter the key to bind your account.
Setup successful: After successful binding, Google Authenticator will generate a dynamic verification code. Every time you log in or perform important operations, you need to enter this verification code to enhance account security.
Buying and selling coins
Deposit: Before buying coins, you need to deposit funds into your Binance account. Binance supports multiple deposit methods, but users in mainland China may be subject to certain restrictions. You can choose to use supported digital currencies for deposit.
Buy digital currency: In the Binance trading market, select the digital currency you want to buy and view the trading pair. You can buy digital currency based on the market price or set a limit order.
Sell digital currency: When you want to sell digital currency, you can also select the corresponding trading pair in the trading market and place a sell order. After the transaction is completed according to the market price or the price you set, the funds will be returned to your Binance account.
C2C transactions
Enter the C2C market: Binance provides a C2C trading function, which allows users to trade digital currencies and fiat currencies directly. Find the C2C trading entrance on the Binance homepage or trading market and click it.
Select a trading pair: In the C2C market, select the cryptocurrency and fiat currency pair you want to trade (such as BTC/CNY).
Browse transaction ads: View transaction ads on the current market and choose reputable sellers or buyers to trade with. Pay attention to the other party's transaction records, reviews and other information to assess their credibility.
Place an order: Select the appropriate transaction method (such as bank transfer, Alipay, etc.) according to the seller's advertising requirements and place an order. After completing the payment or receipt according to the instructions in the advertisement, confirm the completion of the transaction on the platform.
Registration Notes
Comply with laws and regulations: When using the Binance platform, please be sure to comply with the laws, regulations and regulatory requirements of mainland China and your region.
Pay attention to account security: enable Google Authenticator, set a complex password and change your password regularly to enhance account security.
Choose your trading partners carefully: In C2C transactions, carefully evaluate the reputation and transaction records of your trading partners to reduce transaction risks.
Pay attention to market trends: The digital currency market is volatile, so please pay close attention to market trends and make reasonable investment decisions.
Through the above steps, users in mainland China can register and use the Binance platform to trade digital currencies under the premise of complying with laws, regulations and regulatory requirements. However, please pay attention to market risks and your own risk tolerance and invest rationally.
