What is Binance and how to use it safely?

Introduction

With the rapid development of cryptocurrencies, more and more people are looking for reliable platforms to buy, sell, and manage their digital assets. Among the most popular platforms in the world, Binance occupies a central place. However, for beginners, it is essential to understand how it works and especially to learn how to use it safely.

What is Binance?

Binance is an international cryptocurrency exchange platform founded in 2017. It allows users to buy, sell, trade, and hold various cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and many others. Binance is known for its relatively low fees, fast execution, and a variety of services.

The main services offered by Binance.

Binance is not limited to simply buying and selling cryptocurrencies. The platform offers several services, including:

Trading: exchanging cryptocurrencies on spot or advanced markets.

Staking: the possibility of generating passive income by locking certain cryptocurrencies.

Binance P2P: buying and selling cryptos directly between users, with several payment methods.

The wallet: secure storage of digital assets.

Binance Earn: financial products to grow your cryptocurrencies.

These services make Binance accessible to both beginners and more experienced users.

How to create a Binance account?

Creating a Binance account is simple and quick:

Go to the official Binance website or app.

Click on Sign Up.

Enter a valid email address or phone number.

Create a strong password.

Verify your identity (KYC) by providing the requested documents.

Once these steps are completed, the account is ready to be used.

Best security practices on Binance.

and act responsibly,

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