[CoinNews] Introduction to Binance & How to Register

Binance exchange?
The exchange in Hong Kong is the 1st largest trading volume of Coin Hills based on 2018/01/10. Most of the popular coins are listed such as Tron, Ada, etc. They support many different languages.

< Binance - 1st place in trading volume (2018/01/10, Coinhils) >

< Language support (homepage top right) >

Benefits of Binance?
The commission fee is 0.1%, the BNB is 0.05% at the time of purchasing the coin itself, the fee is cheap, and there are many kinds of coins. New Altcoin is traded through member voting method. It seems that it is an exchange which helps beginners in coin trading because information on coins can be obtained from homepage announcement column. Above all, it does not stop the server from crashing. It does not require administrator approval at the time of withdrawal, so you can deposit and withdraw at a faster coin rate. Finally, it is possible to do business without having to be authenticated.

Disadvantages of Binance?
Since transactions are made in dollars or markets, transactions can be made according to the market minimum trading unit. For BTC Market, minimum transaction unit is 0.001 BTC. If you want to cash in the downside, you have to change to Altcoin -> Bitcoin / Etherium -> USDT, so there will be more losses in the meantime.

Sign Up

As the coin market grew drastically, new subscriptions were blocked, but new subscriptions were limited and new subscriptions were released randomly every day(January 8, 2018). At this time, you have to check to join frequently. There are two ways to join.

a. Email Authentication
Go to the next link. https://www.binance.com/?ref=18280737
18280737 is the referral number. To subscribe without referrals, go to https://www.binance.com/register.html.

After completing your email, password, and referral number, tap Sign up.

Next, you need to solve the puzzle to prevent joining robots. Drag and drop the circular button to place the puzzle at the point where the puzzle appears.

When you're done, you'll see a message that an email verification email was sent. Go to the email you requested and click Verify Email to complete the registration process.

b. Google OPT Certification
After signing in, you can set Google OPT by clicking on the people icon in the top right corner and navigating to My Page. After you receive your Google OPT on your mobile phone, you can easily set it up by entering the QR code that appears on the screen. (refer: https://support.binance.com/hc/en-us/articles/115000433432-Google-2FA-Guideline)

After completing the two steps, you will be at Level 1 and will be able to trade at 2BTC limit. If you want to send more than this amount, you have to pass the level 2 certification using your passport.

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