Binance is one of the fastest growing exchanges in the
cryptocurrency market, being the 10th biggest crypto exchange in only 5 months. The surging
popularity of Binance stems from multiple factors, from catering to multiple
languages, having a clean user interface and most notably, an extremely high
throughput (data processing speed). It is important to note that Binance is a
crypto-only exchange, and does not cater to fiat deposits.
Why Should I Open a Binance Account?
Binance is growing at an astounding rate, and
if this keeps up, it will be one of the biggest crypto exchanges based on
trading volume. Additionally, many newly coins/tokens that just had an ICO
would have a higher tendency to be listed on Binance compared to other big
exchange. So if you’ve missed an ICO and wants to catch a hold of a particular
coin, Binance would be the recommended choice of exchange due to its large
trading volume, which would equate to better prices and a higher probability of
your buy/sell orders being filled
Step 1: Go
to Binance’s Website
Make sure you bookmark
the page, as there have been many cases of phishing sites that mirror the
actual site. As a precaution, you should also examine the URL and look for the
“Secure” Certificate to authenticate that this is the original site.
Step
2: Complete the Sign-Up Process
Click on the “Register” tab in the top right-hand
corner of the webpage and enter the necessary information. It’s good to have a
long and arbitrary password to better secure your account. Verify yourself and
click on “Register” to proceed and you’ll receive a confirmation email. Then your account has been successfully Completed.
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