How To Sign Up And Start Trading Cryptocurrency With Binance!
What is Binance and why you should open an account today?
In just 5 short months Binance has become the 10th largest cryptocurrency exchange. This incredible accomplishment can be credited to them: catering to multiple languages, offering a sleek user friendly interface, and most importantly an extremely high throughput (processing speed.)
Please note Binance is a cryptocurrency exchange only and does not current allow use of fiat currency.
Why should you start an account today?
Binance is growing at such a rapid pace that it is on track to easily be the largest cryptocurrency exchanges. Due to this Binance offers many of the newer ICOS in comparison to other large exchanges who offer limited selections. So in a nutshell if you are having that feeling of missing out odds are you can currently obtain those coins and if not it may just be a matter of time. Because of its massive trading volume it often offers a better price, better profitability, and a better probability of your sell/buy orders being filled quickly.
How do I set up an Binance account?
Complete the registration process by selecting the “Register” button in the upper right.
- Fill out all the appropriate fields with your information.
- Please note is for the best security create a long unrelated password with a mixture of upper case, lower case, numbers and symbols.
Use our referral ID (12303885) if you would like 🙂
Verify yourself and select Register.
- Binance will send you an email verification.
Enable two step verification
- Upon your first log in Binance will prompt you to set up a two step verification method.
How do I start trading?
Select the “Funds” button on the top right hand side. Select the “Deposit/Withdrawal” option.
Search the coin you would like to deposit into Binance to trade.
- Please note the most efficient way to trade is in either Ethereum or Bitcoin, if you use another coin you may need to exchange it to Ethereum or Bitcoin with Binance to execute your trade.
Once you have the coin you want selected simply click the “Deposit” button to the right hand side of the coin. This will give you the receiving address in which to send the coin.
Transfer your coins to the provided address.
Now that you have the receiving address. You open your wallet and select send.
- Place the generated address from step two in the receiving field.
- Select the amount of coin you want to transfer and hit send.
To monitor the transfer simply go back to the Funds tab and select “History” this will show all the statuses of your transfer. Once the transfer is completed you can locate it in the Funds tab under “Deposit/withdrawal” by searching your coin.
Now that you have a balance with Binance you can start trading by selecting the “Exchange” tab in the upper left hand corner.
- Select basic or advanced to be taken to the Exchange (Use advanced to set bids and stop losses)
On the right hand side of the exchange select the type of coin you are trading BTC or ETH. Once selected simply search for the coin you would like to exchange.
- Please note if your coin is currently not BTC or ETH you will have to exchange
By selecting the sell section in the bottom middle of the page. Then select market enter the amount you would like to exchange and select sell. The screen will tell you it was successful and you now have an ETH or BTC balance to use.
Once you have a ETH or BTC repeat the above steps except use the Buy section!
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Interview with “CZ -The most powerful man in Crypto” talks Binance, Mining & Lifestyle
Here is @cryptomanran‘s recent interview with CZ, the founder & CEO of Binance, the largest and most powerful crypto exchange in the world. Is CZ the most powerful man in crypto right now? Comment below and let us know what you think!
Binance Adds 7 Million Users Since Beginning Of The Year
While the cryptocurrency markets have been been in a steep decline the past 6 months, Binance has been growing at an extremely fast rate.
Binance, which operates the worlds largest crypto exchange has reported that their user base has quadrupled since January. According to Bloomberg, Binance now boast 9 million users, up from 2 million users reported in January.
Binance is also preparing to offer its first fiat trading pairs, which will be listed against the Euro. Currently the platform only offers crypto-to-crypto trading pairs. This will be an attractive option for investors looking for the ability to trade fiat for crypto.
Binance, currently based in Hong Kong has also opened an office in Malta. Malta has recently become extremely crypto friendly by passing legislation to encourage growth in crypto and blockchain tech.
How To Buy Golem (GNT) [Quick & Easy Guide] 2018
This Guide Will Explain How You Can Buy Golem (GNT) coin.
Before you purchase Golem (GNT) we recommend obtaining a secure wallet so you have a destination for your newly purchased crypto.
Buy Golem (GNT) with Credit Card, Debit Card, or Bank Account.
Currently, there is no direct way to buy Golem (GNT) with a credit card*, debit card, or bank account on any US Exchange.
The cheapest and most efficient way to obtain Golem (GNT) is to first purchase Litecoin, Ethereum or Bitcoin through Coinbase (Currently LTC/ETH offers a much lower transfer and exchange fee than Bitcoin.)
To get started launch the link below and sign up for your free Coinbase account right now.
Once you have successfully purchased your Litecoin / Ethereum / Bitcoin you can use an exchange such as Binance to convert your LTC/ETH/BTC to Golem (GNT) in about 5-10 minutes (depending on the market).
Click Here To Learn How To Trade Cryptocurrencies On Binance
Note: Coinbase is currently available in the United States, Canada, Europe, UK, Singapore, and Australia.
*Most major credit card companies restrict purchasing cryptocurrency on credit. Check with your credit provider for more information.
Get a Golem (GNT) Wallet
Caution: Please note that we at Cryptobase would recommend never storing any crypto on an exchange.
- Exchanges are designed for short-term activity such as trading, buying, and selling. Only wallets offer you long-term secure storage.
Always withdrawal your Golem (GNT) to an offline wallet like the Ledger Nano S or any other wallet that you control.
Buy Golem (GNT) with PayPal
There is no way to directly buy Golem (GNT) with PayPal.
Buy Golem (GNT) with Cash
There is no way to directly purchase Golem (GNT) with cash.
- You can buy Bitcoin with Cash via an ATM and use an exchange like Binance to trade BTC for Golem (GNT).
- Or use a service like Local Bitcoin to buy BTC from a verified seller and use Binance to trade BTC for Golem (GNT).
Looking to buy Golem (GNT) with cash or credit no hassle? Email CryptoBase we can help!
Buy Golem (GNT) with Bitcoin
You can use Binance to trade BTC for Golem (GNT)
Buy Golem (GNT) with Ethereum
You can use Binance to easily exchange ETH for Golem (GNT)
Frequently Asked Questions
Where can I learn more on trading cryptocurrencies like Golem (GNT)?
We recommend checking out CryptoCoin Academy to learn how to trade smart and maximize your investments. They offer detailed step by step courses and trading tips for beginners looking to invest in cryptocurrencies.
Readers of The Cryptobase get %15 off their first month by signing up through this link!
Why is there no direct way to buy Golem (GNT) in many cases?
Golem (GNT) only recently gained popularity so in many cases it is still not supported by all exchanges.
- This will likely change soon as cryptocurrency goes mainstream and exchanges add support for more coins.
Can anyone buy Golem (GNT)?
If you are able to buy cryptocurrency in your country, then you can buy Golem (GNT).
Can you buy Golem (GNT) with Coinbase?
As we mentioned above, this is not possible. Coinbase only lets you buy 4 coins directly:
- Bitcoin Cash
Which payment method is best to use?
Currently buying Ethereum or Bitcoin with a bank account then exchanging it for Golem (GNT) is the cheapest way. This is because currently, Ethereum has some of the lowest transfer and exchange fees compared to Bitcoin.
- For speed, buying crypto with a credit card is best but usually comes with a much higher fee.
What should I do with my Golem (GNT) once I buy it?
You should store your Golem (GNT) in a secure wallet.
Can you sell Golem (GNT)?
Yes, you can by transferring the Golem (GNT) from your wallet back to an exchange such as Binance!
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