Begin your journey to investing money, electronic money and learn about buy coin on Binance is a walk smart, because this is the largest trading platform and the world's most popular. However, with the new interface, and the terminology can be bewildering. This article will be guiding you step by step details from A to Z: from the creation account, recharge VND until ownership copper coin first safely and efficiently.
Floor Binance what is and why is the top choice?
When stepping into the world of electronic money, Binance is almost the first name you will listen to. So the floor Binance has no credibility and why it's become top choice? Launched in 2017, Binance quickly risen to become the trading floor to electronic money, the world's largest on the volume of transactions.
The advantages that Binance is trusted include:
- High liquidity: The purchase and sale take place almost instantly with the best rates due to the giant.
- Support diverse coin: listing hundreds of electronic money from coin platform to the meme coin on Binance.
- Free competitive transaction: The transaction fee for immediate delivery only 0.1% and can be further reduced if you use BNB to pay for free.
- Support users in Vietnam: Vietnamese interface and features P2P allows buying and selling of coin with USD directly.
Can say, Binance like a center of global finance, which provides almost all the tools and services that an investor electronic money need.
Step 1: Create your account and verify identity (kyc)
To begin your journey to buy coin on Binance, the first thing you need to do is create an account and complete the verification of identity. This is a mandatory step to ensure the safety for your property and compliance with international regulations.
This process consists of 2 main steps:
- Account registration:
- Visit our website or download the app Binance.
- Select sign up with email or phone number.
- Enter information, create a strong password and confirmation code is sent back.
- Identity verification (KYC):
- After login, Binance will ask you to perform KYC.
- Prepared identity documents such as identity, citizenship or passport.
- You will need to take photos of the front, the back side of paper and a selfie photo according to the instructions.
Complete KYC will not only protect your account but also unlock the full features of the floor, including the deposit and withdrawal limits, the higher.
Step 2: Recharging money on binance with usd via p2p
After the account has been verified, the next step is to make a deposit to start trading. For Vietnamese users, transactions, P2P (Peer-to-Peer) method is convenient and popular.
Imagine P2P as a market online, where you use USD from bank account to buy stablecoin such as USDT from the other sellers on the floor.
The steps recharge via P2P as follows:
- On the home Binance, select transaction entry P2P.
- Select the Purchased tab, choose the currency is USDT and method of payment is bank transfer.
- Choose a seller's reputation has a completion rate high and many commands were made.
- Enter the amount of USD you want to buy, the system will automatically converted into the number of USDT respectively.
- Done transfer the exact amount and content at the request of the seller.
- After the transfer is complete, press the button Had money transfer, notify the seller.
- The seller will confirm and release USDT on wallet Funding your.
In addition, you can also buy coin card Visa or Mastercard, however, this method often have high fees and less favored by P2P.
Step 3: buying guide coin on the spot market (spot)
When you have USDT in your wallet, you are ready to buy any coin that is listed on Binance. This process takes place in the market transaction for immediate delivery (Spot).
The process of buying a coin is as follows:
- Transfer money from wallet Funding wallet Spot: USDT you buy through P2P is located in for Funding. You need to make a transfer (free) to put USDT wallet for immediate Delivery (Spot).
- Find coin and select the trading pair: On the market, search for the name or code of the coin you want to buy. You can find many types, including the co-altcoin or a coin large. Select the trading pair matching, the most common is with USDT.
- Place buy orders: At the interface of the transaction, you will see two types of main commands:
- Command Market (market): Buy instantly with the best prices available. Suitable for beginners who want simplicity.
- Command Limit (limit): allows you To put a specific price. The only joints when the market price reaches that level.
Just enter the amount of USDT you want to use, click the Buy button and the transaction will be made.
Important note about online security and how to choose coin
To process the transaction takes place smoothly and securely, you need to master a few important notes the following:
| Note | Details |
|---|---|
| Transaction fees | Binance fee transaction spot is 0.1%. You can receive a 25% discount free if you enable the feature use BNB to pay for free. |
| Account security | Mandatory to activate two-factor authentication (2FA) using Google Authenticator or SMS code and Email. This layer of defense most important for your property. |
| Choose coin | 're new, let's start with the coin, big, have a solid foundation like Bitcoin (BTC) or Ethereum (ETH). Stay away from the copper coin, weird, are highly speculative if you do not have enough knowledge. |
| Research (DYOR) | Don't ever buy a coin just because listen to the advice of others. Let's learn about the project before making investment decisions. |
The buy coin on Binance actually not too complicated if you follow the right step guide. With the world's top exchanges, Binance offers a powerful platform and relatively safe for beginners. However, always remember that investing in electronic money always comes with risks. Armed with the knowledge and security measures is the key to protecting your assets. To learn more, please continue to follow the article at Blog Meme Coin.
