I know you want to invest in cryptocurrencies, you’ve heard of Bitcoin, tokens, smart contracts and mining. I’m sure you’d like to know how to use Binance to trade cryptocurrencies and to make money from trading, staking and investing.
If you don’t know me yet, Hello! I am Andres Gananci and I like to share many ideas and businesses to invest money and improve your finances. For some years now I have used the Binance platform to trade and to make long-term investments like the ones I will show you here.
With my experience in this super practical guide I will teach you the ways to access the cryptocurrency markets with Binance.
I wantyou to manage your own capital and know several ways to make a profit with cryptocurrencies using Binance, here I will teach you how you can be your own bank with this technology, I will also teach you how to earn interest by saving your money in the form of cryptos!
In the first sections of this post you will create your account, I will teach you how to convert your cash into cryptocurrencies, how to make deposits and how to understand your wallet. Then I teach you how to earn interest on your savings account by staking, I teach you a simple way to trade, and also how to withdraw your money from the platform.
Ahh and in the last sections you have my personal opinion about the Binance platform, with several recommendations and tips so that your account is not blocked.
[note note_color=”#DDFF99″ text_color=”#01020b” radius=”6″] On Binance up to 8 times more transactions happen than on other major exchanges such as coinbase, bitfinex, huobi. Binance is the largest platform of all in America and Europe! [/note] ⏬ Learn all about Binance HERE ⏬
▶ Benefits and advantages of using Binance
▶ How to register on Binance?
▶ How to convert money to cryptocurrencies on Binance?
▶ Quickly convert your fiat money on Binance
▶ How to deposit your local money (fiat) in Binance
▶ How to Deposit and Withdraw Cryptocurrencies on Binance
▶ How to view capital on Binance
▶ How to trade on Binance
▶ How to withdraw your fiat money from Binance
▶ What is Binance’s P2P service?
▶ And how does the P2P system work on Binance?
▶ My opinion when using Binance
▶ P2P Service Fees on Binance
▶ My opinion when using BinanceWhat is Binance?
Binance is a platform where cryptocurrencies are exchanged, you can also do staking, trading, transactions between people (P2P), access the futures markets, and many more options. These types of sites are known as “Exchange”, Binance is an online exchange house related to cryptos.
This platform was founded by Changpeng Zhao and current CEO, starts operations in China in 2017, but from one moment to another it is eating the world, as it is the best known multiplatform worldwide in the sector of exchanges and crypto trading platforms. Benefits and advantages of using Binance?
- With Binance you are part of the most active and liquid user community that moves billions of dollars daily. Binance is the best current way to join the crypto community!
- With Binance you can disconnect from the bank, you will save money on bank fees while making your payments and transfers on the web.
- You can make transactions much faster than doing them in a bank, there are millions of transactions that happen in a second!
- You can staking and earn interest by saving on crypto.
- It helps you to invest money and trade with your cryptos.
- It serves as a wallet for you to store your cryptocurrencies.
- It also serves as an exchange house to convert money into the different forms of local currencies, euros, dollars, pesos, etc.
Every day there are billions of dollars that are exchanged in the different cryptocurrency markets in all parts of the world, transactions are made, money is moved in the futures markets, people trade, many get crypto by playing, in casinos, reserve funds are born, smart contracts, banks join, etc. etc…
[note note_color=”#DDFF99″ text_color=”#01020b” radius=”6″] BINANCE IS CURRENTLY 7 TIMES LARGER THAN THE INTERNATIONAL FINANCIAL WESTERN UNION, PLATFORMS LIKE BINANCE WILL REPLACE MANY BANKS AND MONEY TRANSFER COMPANIES. IMAGINE THE POWER THIS MARKET REPRESENTS. [/note]
For all this is the great growth of Bitcoin and Binance! People are understanding the importance of decentralized technology, and of not relying on banks or being controlled and monitored by the government.
1- Click here on CREATE YOUR BINANCE ACCOUNT: https://gananci.org/binance to access the official Binance registration form. (If clicking on the link does not reach a section similar to the image I share below, then look in the upper right corner for the “REGISTRATION” button).
Create a new binance account
2- Now you will have to place your email and a secret key. (I recommend that you use an alphanumeric key that includes symbols, with interspersed capitalization that is not easy to learn and that is not readable, something similar to this: “&7%ew#we$q,Qt” Save it in a safe place.) Read and accept the terms and conditions and click on CREATE ACCOUNT.
*Verify that the Referral ID is 35248700 so that you can access discounts and special promotions.
3- They will send you a verification code to your email that you must then place in Binance, it has an expiration time so search quickly.
And voila, you already have your account created!
[note note_color=”#DDFF99″ text_color=”#01020b” radius=”6″] THEN ACTIVATE THE 2FA (OR SECOND AUTHENTICATION FACTOR) SO THAT WHEN YOU GO TO BINANCE LOGIN OR LOG INTO YOUR ACCOUNT YOU GET A MESSAGE TO YOUR PHONE AND SO YOU HAVE YOUR CAPITAL MORE PROTECTED, THIS YOU DO IN YOUR USER PANEL https://www.binance.com/es/my/dashboard[/note]
Remember that on the Binance platform cryptocurrencies are traded, imagine this space as a place where all cryptocurrency traders meet to exchange them, some will sell and others to buy. Something like the food market works in your locality.
Imagine that this is you taking a Bitcoin offered by a seller on Binance.How to convert money to cryptocurrencies on Binance?
You can directly buy BTC, BUSD, ETH, XRP, BNB, ZIL and USDT. One way to convert your banknotes is to buy any of these cryptocurrencies, with them you could then make exchanges and trade within the platform.
To simplify the use and exchange within Binance, each cryptocurrency handles an abbreviation that usually has 3 or 4 letters, such as:
- BTC: Bitcoin
- USDT: Theter Dollar
- BUSD: The Binance Dollar
- ETH: Ethereum
- XRP: Ripple
- BNB: Binance coin
- ZIL: Zilliqa
So, now you are going to buy a cryptocurrency with your local fiat money (pesos, soles, euros or dollars) and in this way you will learn how to convert the money to cryptocurrency.
Start buying cryptocurrencies here: https://gananci.org/binance
*Fiat: Fiat money, are the currencies that currently represent our economy, money that is not backed in amounts of gold in a Bank, inorganic money.
[note note_color=”#DDFF99″ text_color=”#01020b” radius=”6″] IF IT IS YOUR FIRST TIME, I WOULD RECOMMEND THAT YOU MAKE A SMALL PURCHASE OF BNB (THE BINANCE COIN) AND THEN TRADING YOU MAKE A BTC PURCHASE TRADE, IN THIS WAY YOU PRACTICE FIRST AND LEARN WITHOUT HAVING TO TAKE A LOT OF RISK. YOU CAN ALSO DO IT WITH USDT BUT WITH BNB IT WILL BE CHEAPER. [/note] The steps to deposit or convert your fiat money, quickly on Binance are:
1- Go to the main menu at the top of the page.
2- Look for the button that says BUY or BUY CRYPTO.
Deposits with fiat on Binance
3- In PAY WITH select the currency with which you are going to make the payment.
4- Then in the first two options you can buy Bitcoin from Binance with your VISA debit card or with a VISA or MASTERCARD credit card.
Convert your money to cryptocurrencies here: https://gananci.org/binance
