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How To Buy Cryptos
How To Buy Cryptos
How To Buy Cryptos
A C T I O N
cheatsheet
BUYING
CRYPTOS
Beginner's Guide On Buying Cyptos
Beginner's Guide On Buying Cryptos
If you've been experiencing a bit of crypto FOMO, you can open an account with Binance today and
start trading in minutes. The steps are simple. Open an account, choose a payment method, and
start trading. We'll show you everything you need to know here in our Binance Beginner's Guide.
A Binance account acts as your gateway into trading crypto trading. But before you can buy your
1. Head to the Binance homepage and click [Register] in the top right corner.
2. Input your email address and choose a secure password. If you’ve been given a referral code from
3. Follow the instructions for verifying your account by inputting the code sent to your email address
or mobile number.
Once you’re veri ed, you should now be set up with your Binance account. You’re one step closer to
buying cryptocurrency, so let's dive into making your rst crypto purchase.
Now we’ve set you up with your Binance account, let’s purchase some cryptocurrency. Next, you
have to complete the Know Your Customer (KYC) process. KYC helps us make sure you are who you
2. Deposit funds into your Fiat and Spot wallet: transfer at currency from your bank account and
hover over [Buy Crypto] and select [Credit/Debit Card] from the Binance homepage.
Select the currency you will be paying with and the coin you wish to purchase. In our example, we've
gone for £100 of bitcoin (BTC). Press the [Buy] button to proceed with inputting your card details.
Once the process is complete, your purchased crypto will be credited to your [Fiat and Spot] wallet.
Usually, opening an account and getting to this stage can be done within 10 minutes.
At some point, you will likely want to start trading cryptocurrencies. If you’re not used to a
traditional trading interface, we recommend using the Convert feature. You can access this by
hovering over [Trade] and selecting [Convert] from the Binance homepage.
With the Convert tool, you can pick the cryptocurrency pair you wish to trade using a simple
interface. Fiat currencies are also available if you want to cash out or buy crypto with at.
Select the coin you are exchanging in the top eld and input the amount. Use the bottom eld to
select your desired cryptocurrency or at currency. In our example, we will trade BNB for BTC.
After con rming your selection, the trade will take place at the market price. Trading fees are also
The Binance Classic and Advanced trading views are also available to make more advanced trades.
For a detailed breakdown of the trading page interface, check out How to Trade Spot on Binance.
Next on the list for any Binance beginner is to think about improving the security of their account.
After going through the effort of trading some crypto, it should be your top priority to make sure it’s
safe.
Improving the security of your account is vital in the crypto world. Using a strong password and our
in-built security features will help keep your funds safe. Make sure to start with the following
security steps.
passwords that are simple and easy to remember. Your password should always contain uppercase
and lowercase characters mixed with symbols and letters. And of course, make sure you keep it safe
creates an extra layer of security, meaning that even if hackers compromise your password, they
The Google Authenticator app or SMS authentication are great places to start. Our Binance 2FA
have this code displayed at the top. This way, you can be sure that the message you are receiving is
actually from Binance and not from a fake email address. In other words, it helps you prevent
phishing attacks.
For more information on account security, please check out Secure Your Binance Account in 7
Simple Steps.
Opening an account and making your rst trades with Binance is a small introduction to the world of
cryptocurrencies. There’s a lot more to it than just buying and selling on the exchange. A huge
amount of other opportunities exist on the Binance platform, all available for you to take and
explore.