Binance, established in 2017, was originally founded in China. Later, due to the ban on cryptocurrency trading in the country, Binance's headquarters has moved overseas.
Binance is currently one of the largest cryptocurrency exchanges in the world, and many users are already familiar with this platform, so I won't elaborate further.
Although in 2021, Binance issued an announcement to 'exit mainland Chinese users', it has not been actually enforced.
Therefore, currently, users in mainland China can still trade on Binance.
Here is a detailed introduction to the registration and usage tutorial for Binance in mainland China, providing some reference for those in need.
Account Registration
Since Binance currently supports registration with Chinese phone numbers and emails, please pay attention to the following 3 points when registering for Binance:
Using email to register: Domestic available emails include QQ Mail and 163 Mail; it is recommended to use Outlook or Gmail for foreign accounts;
When the registration page cannot be opened, please use a VPN to access in global mode;
Users with IPs from the USA and Singapore cannot register for a Binance account.
The registration process is very simple, click the register button, or click the address below to start registering.
https://www.binance.com/join?ref=GQTRR5QP
If your iPhone prompts a deceptive website warning, go to 'Settings' > 'Safari', turn off 'Fraudulent Website Warning', clear the app cache, and run it again.
Binance Beginner Registration Tutorial
Step 1: Open the Binance registration page, register using your phone or email, and enter the invitation code: GQTRR5QP to enjoy up to 20% commission rebate.
Registration link:
https://www.binance.com/join?ref=GQTRR5QP
Step 2: Enter your email or phone number to register, then click next.
Step 3: Binance will send a registration verification code to your email.
The verification code is valid for 30 minutes. Please log in to your email to check the verification code and fill it in promptly (users registered with a phone number will receive an SMS verification code).
Step 4: After entering the verification code, clicking the [Submit] button will redirect to the password setting page.
For account security, when setting your account password, please ensure it is at least 8 characters long, containing at least one uppercase letter and one number. After setting the password, your Binance account will be successfully registered.
Step 5: Download and install the Binance app, and complete the login.
You can generally find the download link on the official Binance website; if not, please refer to the download address:
https://www.binance.com/zh-CN/download
Android users can directly download and install it, while iPhone users need a foreign Apple ID to install the Binance app.
Currently, there are three ways to obtain an overseas ID.
1. Directly change the Apple ID region;
2. Register for an overseas Apple ID;
3. TB purchase overseas Apple ID
Recently, many suspicious websites have appeared with fraudulent 'Binance' app download packages that have been maliciously tampered with by hackers, both Android and iOS versions have been found. These fake 'Binance' app installation files may alter your deposit address and steal transfer funds. Please make sure to download the official Binance app through the official link to ensure the safety of your assets.
Step 6: If you want to trade on Binance, we need to go through identity verification (KYC).
Identity verification is very simple, there will be prompts during trading, so I won't go into detail here, but please ensure that the identity information is filled in truthfully. Chinese users can choose the Chinese region for direct verification, which generally passes quickly.
Step 7: Security Settings: Two-Factor Authentication (2FA)
Binance offers the Binance Authenticator and Google Authenticator, it is recommended to use the Binance Authenticator.