Binance Guide for Beginners
Get started with 5 quick and easy steps:
- Step 1: Sign Up to Open an Account
- Step 2: Complete the Verification
- Step 3: Deposit Crypto
- Step 4: Get Crypto
- Step 5: Explore Binance Products
Step 1: Sign Up to Open an Account
Create a Binance account with your email or phone number via the Binance App, Binance website or Binance Desktop App.
Step 2: Complete the Verification
You can complete the Authentication process on your Binance account to activate fiat deposit and withdrawal limits. This process usually takes a few minutes and includes verifying your basic account information, presenting the ID, and uploading a selfie/photo.
Make sure you secure your Binance account. We do everything we can to keep your account secure, but you have the power to greatly increase the security of your Binance account. For more information, see our Security Tips article.
Step 3: Deposit Crypto
If you have crypto in another wallet, you can deposit these assets into your Binance Wallet. For more information on how to deposit and withdraw crypto to your Binance account, see the FAQ here. Please note that if you are not very familiar with crypto wallets, you should never share your Binance Account/Wallet password, private keys, and 2FA codes with anyone. Binance will never ask you to share your sensitive information.
Step 4: Get Crypto
Deposit Fiat Money
Depending on your country, you can deposit more than 50 fiat currencies such as EUR, BRL and AUD into your Binance account via bank transfer and debit cards. After completing the deposit, you can use these coins to buy crypto directly.
Get Crypto Using Your Debit/Credit Card
You can easily buy crypto directly using your credit/debit card via the Binance website or the Lite Mod in the Binance App.
Buy Crypto Using P2P (Peer-to-Peer) Trading
You can also get crypto using P2P methods. This service allows you to buy crypto directly from other crypto enthusiasts like you.
Step 5: Explore Binance Products
Spot Trading
Once you have your first crypto you can start exploring our various trading products. You can buy and sell hundreds of cryptos, including BNB, on the spot markets.
BNB powers the Binance Ecosystem. It is the native coin of Binance Chain and Binance Smart Chain. BNB has a variety of uses, including paying commission fees on the Binance exchange and Binance DEX (Decentralized Exchange), and using it to pay for products and services online and in stores. Most importantly, you can get a special discount by choosing to pay trading commissions with BNB on Binance Exchange.
Binance Earn
If you are not interested in trading but still want to increase your crypto holdings, you can try Binance Earn. Binance Earn offers you a full range of financial products to grow your passive income. These products include Locked Staking, Launchpool, and Binance Liquid Swap.
Please note: Cryptocurrency trading involves high risk and may result in loss of capital. You should always do your own research to understand the risks involved before trading. It is not investment advice. It is for informational purposes only.