Binance ETH Signup: Start Trading and Save 20% on Fees

If you’re looking to dive into the world of cryptocurrency, you might have stumbled upon Binance, one of the largest crypto exchanges out there. But before you can start trading Ethereum (ETH) and other cryptocurrencies, you’ll need to sign up. The process may seem daunting initially, but trust me, it’s more straightforward than it looks. Let’s break it down step by step so you can get started without any headaches, and we’ll also highlight how you can save some cash on fees!

Step 1: Creating Your Binance Account

First off, let’s get that account created! Head over to the Binance official website: Binance official website. In the top right corner, you’ll see a “Register” button. Click on that, and you’ll be prompted to provide some basic information. It’s super simple:

Email Address: Make sure it’s one you have access to, as you’ll need to verify it.

Password: Create a strong password. A mix of upper and lower case letters, numbers, and symbols will serve you well.

Once you’ve filled that out, check the terms and conditions (who really reads those, right?), and hit “Create Account.” You’ll get an email asking you to confirm your registration. Open that email and click the verification link. Easy peasy!

If you’re using the referral code AA2288 while signing up, you can expect benefits like a 20% discount on trading fees! Plus, you’ll be eligible for trading rewards — up to $800 USD. How’s that for a welcoming gift?

Step 2: Securing Your Account Through Verification

Now that you’ve set up your account, you will want to keep it secure. Binance has a robust verification process known as KYC (Know Your Customer). This involves providing personal details and identity verification. You’ll need:

Government-issued ID: This could be a passport or driver’s license.

Proof of address: A utility bill or bank statement will do the trick.

This may seem a bit tedious, but trust me, it ensures that your account and funds are protected. People often overlook this step, but doing so will save you from issues down the line when trying to withdraw funds or perform large transactions.

Step 3: Enabling Two-Factor Authentication (2FA)

After your account is verified, it’s crucial to enable Two-Factor Authentication (2FA). Why? Because it adds an extra layer of security to your account. Binance supports several 2FA methods, but the most common is through an app like Google Authenticator. This way, even if someone gets your password, they won’t access your account without the second code only you can see on your phone.

Download Google Authenticator from your app store.

Go back to your Binance account settings and find the 2FA section.

Scan the QR code with your Google Authenticator app and enter the code provided.

Now your account is super secure!

Step 4: Depositing Funds to Start Trading

With a secured account ready, you’re now set to deposit funds. Binance supports several deposit options including bank transfers, credit/debit cards, and even cryptocurrency transfers if you already have some funds. If you’re new to crypto, a credit card deposit might be the easiest way to get started.

Navigate to the “Wallet” tab at the top of the screen and select “Deposit.”

Choose your deposit method and follow the prompts.

If you’re depositing fiat currency, you’ll need to complete the payment details. For crypto, just enter the amount you wish to deposit.

It usually takes a short time for the funds to reflect in your account. Once you see it there, you’re all set to start trading!

Step 5: Trading Ethereum (ETH)

Now that your funds are in your Binance account, it’s time to trade. Simply go to the “Markets” tab, select Ethereum (ETH), and you’ll find various trading pair options. If you’ve deposited fiat currency, you’ll typically trade ETH against your local currency (like USD) or against USDT (Tether).

Choose the trading pair you want, select the amount of ETH you wish to buy, and hit the “Buy” button. Voila! You are now an ETH trader.

Not to forget, if you used the referral code AA2288 during your signup process, you’ll benefit from reduced transaction fees, maximizing your profits right from the get-go.

So, give it a try! The Binance ETH signup process is straightforward, and with the referral code, you can save on fees and take advantage of trading rewards. If you follow these steps, you’ll be trading like a pro in no time!