Dive into fresh perspectives.
Where stories come alive and ideas spark conversations.
Your comprehensive resource for trading on the world's largest crypto exchange
Binance is the world's largest cryptocurrency exchange by trading volume. Founded in 2017 by Changpeng Zhao (CZ), it offers a platform for trading hundreds of cryptocurrencies with competitive fees and advanced features.
Binance offers different platforms including Binance.com (global), Binance.US (for US customers), and various localized versions to comply with regional regulations.
Follow these step-by-step instructions to purchase cryptocurrency on Binance:
Visit Binance.com (or your regional version) and click "Register". You'll need to provide:
Enable two-factor authentication (2FA) immediately after registration for enhanced security.
To increase withdrawal limits and access all features:
Verification typically takes a few minutes to 24 hours.
Choose your deposit method:
For beginners, credit card purchases are the simplest method despite slightly higher fees.
Three main ways to buy:
After purchasing:
Never share your private keys or seed phrase with anyone. Binance will never ask for this information.
Reduce your trading fees by holding BNB (Binance Coin) and using it to pay fees, which gives you a 25% discount.
Binance employs industry-standard security measures including 2FA, withdrawal whitelist, and the SAFU (Secure Asset Fund for Users) insurance fund. However, no exchange is 100% secure, so large holdings should be moved to private wallets.
Binance charges 0.1% for spot trades (both maker and taker), which can be reduced further based on trading volume or BNB holdings. Credit card purchases have higher fees (~2%). Withdrawal fees vary by cryptocurrency.
US customers must use Binance.US, a separate platform with fewer cryptocurrencies available due to regulatory requirements.
Minimums vary by cryptocurrency but are typically very low (e.g., $10 equivalent for Bitcoin). The exact minimum depends on the trading pair and current price.