Founded in 2017, Binance is a global cryptocurrency exchange offering trades for over 150 digital assets. It ranks as the world's largest exchange by trading volume.
Key Advantages of Binance
- Largest Crypto Exchange: Wide selection of cryptocurrencies and a massive user base, making it ideal for beginners.
- Local Support in Taiwan: Physical office in Taiwan provides in-person assistance for unresolved issues.
- Credit Card Purchases: Fast fiat-to-crypto transactions with high efficiency for small deposits.
How to Register a Binance Account
Step 1: Visit Binance’s Official Website
Register here (Use referral code VVO05YD8 for fee discounts). Enter your email and password to complete signup.
Step 2: Email Verification
Check your inbox for Binance’s verification email, then enter the code on the verification page.
Step 3: Intermediate Verification (KYC)
Required for deposits, trades, and withdrawals:
- 3.1 Personal Info: Fill in nationality, full name, birthdate, and residential address.
- 3.2 ID Verification: Upload a government-issued ID (e.g., passport, driver’s license) via device camera.
- 3.3 Facial Recognition: Complete live facial recognition via the Binance app or webcam.
Funding Methods on Binance
| Method | Fees | Notes |
|---|---|---|
| Credit Card | ~3% | Instant; minimum $15. Not all cards supported. |
| Bank Transfer | Foreign exchange fees (~$20–$30) | Slow (1–5 business days); avoid small transfers. |
| C2C | None | Peer-to-peer; choose verified sellers (✓). |
| Wallet Transfer | None | Ensure blockchain compatibility (e.g., BTC to BTC). |
Credit Card Process
- Click "Buy Crypto" → "Credit Card."
- Select amount and cryptocurrency (default: BTC).
- Enter card details and OTP to confirm.
C2C Process
- Choose a verified seller.
- Negotiate price and complete payment within 15 minutes.
Withdrawing Funds from Binance
1. Wallet Transfer
- Convert crypto to fiat via external wallets (e.g., MetaMask).
- Note: Network fees vary by blockchain.
2. C2C Sale
- Transfer crypto to C2C wallet and sell to buyers for fiat.
FAQ
Q: How long do deposits take?
- Credit Card: Seconds to minutes.
- Bank Transfer: 1–5 business days.
- C2C: ~2 minutes.
Q: Are there withdrawal limits?
Yes, based on account verification level.
Q: How do I contact Binance support?
24/7 live chat via website or app under "Customer Service."