What is Binance and How to create a Binance account?

What is Binance and How to create a Binance account?

People who have even a little knowledge about crypto currency will definitely know about Binance. But if you are new in this field, and want to know what is Binance and how to create an account on Binance, then read this post completely.



What is Binance and How to create a Binance account?

There has been a lot of enthusiasm among people about crypto currency for some years. Where everyone wants to earn money by investing in crypto currency. But whatever currency is here is virtual currency, which you can see but cannot touch. 

What is Binance and How to create a Binance account?
Binance

Therefore, to invest money in crypto currency, you will have to take the help of an exchange like Binance. So friends, what is Binance in today's post? And let us know step by step how to create an account on Binance.


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Binance is the world's largest crypto exchange, which operates on its own blockchain. It started in in 2015. With the help of this exchange you can trade and exchange one coin for another.


For example, if you have Bitcoin, and want to invest in Ethereum, you will have to exchange the coin by trading BTC to ETH on Binance. Similarly, you can trade and exchange any coin with the help of Binance exchange.



Binance exchange also lets you do peer to peer trading (P2P). Where you can buy and sell any coin. If you have 6 thousand bitcoins, and you want to convert it into INR and send it to your bank account, so before that you have to buy the help of p2p trading.


But to do all this work you will need a Binance account. So let us know how to create a Binance account step by step.

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How to create an account on Binance

Also read :What is OTP? How does one time password work?

To create an account on Binance you must have an email ID or mobile number. If you have both these things available then follow the steps given below. What is Binance and How to create a Binance ccount?


Step 1. First of all you have to search Binance on Google and open its official website, where you have to click on the Register option at the top.


Step 2. After that you have to enter the email ID number and password here and click on the option of creating an account.


Step 3. Now a verification code will be sent to your email ID, which you have to verify by entering it here.


After doing this, your Binance account will be created, now here you can easily trade Bitcoin or any crypto currency.


So friends, What is Binance and How to create a Binance account? I hope you liked the post on what is Binance and how to create an account on Binance, if there is any kind of problem related to this post, then do tell in the comment below.

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