Binance Login – Binance Password Reset – Binance Features

Binance Login – Renowned for operating the biggest cryptocurrency exchange in terms of daily trading volume, Binance Holdings Ltd., also simply known as Binance, is a prominent player in the global cryptocurrency scene. The entire project began in 2017 when its creator, Changpeng Zhao, who has some expertise with high-frequency trading software, made the decision to establish himself.

The intriguing thing to note at this point is that Binance originated in China. But when the Chinese government moved to control cryptocurrency trade, things became a little more tricky. Binance quickly made a U-turn and moved its corporate office to Singapore.

There’s a twist, though! After leaving Singapore at the end of 2021, Binance has never formally designated any location as its corporate headquarters. Even so, Binance has succeeded in securing a position among the industry’s titans of cryptocurrency exchanges. All of this is a result of Changpeng Zhao (abbreviated “CZ”) and his outstanding team. Although Binance’s first headquarters were in Malta, the company swiftly expanded to become a major player on the world stage.

Features of Binance

The key features of Binance include the following;

Spot Trading: The most popular kind of trading on Binance allows users to purchase and sell different cryptocurrencies at the current market rates.

Trading in futures and options: Binance offers futures and options contracts for a number of cryptocurrencies, allowing users to make predictions about price changes and efficiently control their risk.

Staking: In exchange for rewards or interest, Binance users can stake particular cryptocurrencies. Staking offers a chance for passive income in the cryptocurrency market.

Savings: Binance provides a variety of savings options, such as flexible and fixed-term deposits, allowing users to receive interest on their Bitcoin holdings.

Binance Coin (BNB): Binance Coin (BNB), the company’s native cryptocurrency, has a number of uses within the Binance ecosystem, including lowering trading costs and supporting a variety of platform functions.

Launchpad: Binance Initial Coin Offerings (ICOs) and token sales are held on Launchpad, which acts as a marketplace for new blockchain companies and tokens.

Binance Smart Chain: Decentralised apps (DApps) and smart contracts can be executed on Binance’s blockchain, the Binance Smart Chain (BSC). Due to its affordability and interoperability with the Ethereum Virtual Machine, it competes with Ethereum.

Binance Academy: Binance offers articles, videos, and courses through Binance Academy to assist people in learning about blockchain technology and cryptocurrencies.

Binance Research: To offer the community helpful insights, Binance Research carries out in-depth research and generates reports on a variety of cryptocurrencies and blockchain projects.

Binance Trust Wallet: Binance is also the owner of Trust Wallet, a well-known mobile cryptocurrency wallet that guarantees customers’ secure storage of a variety of cryptocurrencies.

Related:

How to Create Binance Account

Before successfully completing the Binance login, you need to create an account. There are two types of accounts available on Binance namely;

  • Personal Account: A personal account is designed for individual users and may be made using your email address, phone number, or by connecting your Apple or Google accounts.
  • Entity Account: Designed for companies and other entities, the entity account requires that you provide the name of your entity and choose the proper legal category. An email address or phone number can be used to register for an entity account, just like for a personal one.

Things To Note While Creating A Binance Account

Understanding a few key points will help ensure a successful and easy experience as you start your adventure with Binance. Below are some crucial factors to assist you start using the platform with confidence;

  • Selecting an Account Type: Once registered, an Account Type cannot be changed, so please choose carefully.
  • Ensure that your password is at least 8 characters long and contains at least one uppercase letter and one number.
  • Referral ID: If a friend recommended you sign up for a Binance account, don’t forget to enter their Referral ID (optional) to thank them for the recommendation.
  • Terms of Service and Privacy Policy: It is necessary to carefully read and accept the Terms of Service and Privacy Policy before moving forward with account creation.

How to Create Binance Account –  Personal Account

Here’s a step-by-step guide for creating a Binance account;

  • Download and Install the Binance App from Google Play Store or App Store.
  • Open the Binance App and click on ‘Sign Up.’
  • Choose a registration method (email, phone number, Apple, or Google account).
  • Select either [Email] or [Phone Number] and enter the relevant information. Create a strong password for your account.
  • Check your email or phone for a 6-digit verification code.
  • Enter the code within 30 minutes and click [Submit].
  • Congratulations! Your Binance account is now successfully created.

How to Create a Binance Account – Entity Account

Here’s a step-by-step guide for creating an Entity Account on Binance:

  • Download and Install the Binance App from Google Play Store or App Store.
  • Open the Binance App and tap ‘Sign Up’ (located next to ‘Need an entity account?’ and below the ‘Already have an account’ option).
  • Provide your entity’s name and select the appropriate legal type.
  • Click ‘Next.’
  • Choose ‘Email’ or ‘Phone Number,’ and enter your entity’s email address or phone number.
  • Create a strong password for your entity account.
  • Look for the 6-digit verification code sent to your email or phone.
  • Enter the code within 30 minutes and click ‘Submit.’
  • Congratulations! Your Entity Account on Binance is now successfully created.

Binance Web Version Login

To access your Binance login account on a mobile device or personal computer using the web version, follow these simple steps below;

  • Visit binance.com.
  • In the top right corner of the homepage, click on the “Login” button.
  • Enter your registered email address and password in the provided fields.
  • If prompted, complete the verification process to enhance the security of your account.
  • After successful validation, you’ll be directed to your Binance account dashboard.
  • For added security, ensure that two-factor authentication (2FA) is enabled.

Binance Login with QR Code

Follow the instructions to quickly log into your Binance account using a QR code:

  • Visit binance.com
  • To log in, click the login icon, which is conspicuously marked.
  • Scan the QR Code using a mobile device that is already signed into your Binance account.
  • Follow the login prompt that was sent to your mobile device to confirm this action. That’s all there is to it.

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How to complete Binance Identity Verification – Web Version

  • Visit binance.com
  • Log in to your Binance account and click ‘Identification’ under the ‘Profile’ tab
  • Alternatively, click [Complete Now] on the pop-up window.
  • Select the ‘Get Verified’ option
  • Select your country of residence. 
  • Enter your personal information 
  • Select ‘Continue’
  • Next, you’ll need to verify your ID documents. (You can take a photo with your device’s camera, or verify with the Binance App) – Choose an option’
  • Click ‘Continue’ to begin.
  • Follow the instructions to take photos of your document. Your photos should clearly show the full ID document.
  • You’ll need to complete a liveness check. Follow the instructions to take a video of yourself
  • Binance will review your data in a timely manner. Once your application has been verified, an email notification will be sent to you on your registered mail

NOTE:

  • Ensure that your country of residence is consistent with your ID documents.
  • Be sure that all the information entered is consistent with your ID documents. You won’t be able to change it once confirmed.
  • Please enable camera access on your device.
  • Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.
  • Do not refresh your browser during the process.
  • You may attempt to complete the Identity Verification process up to 10 times per day. If your application has been denied 10 times within 24 hours, please wait 24 hours to try again.

How to Reset Your Binance Account Password

You can reset your account password from the Binance website or App if you have forgotten your Binance login password or you feel your password has been exposed. Please note that for security reasons, withdrawals, P2P selling, payment services, and Binance Card applications will be disabled for 24 hours after resetting your password.

  • Visit binance.com
  • Click ‘Log In’.
  • Enter your Binance account’s email or phone number and click [Next].
  • Click ‘Forgot password’
  • Read the notes carefully before clicking ‘Continue’
  • Enter your account email or mobile number and select ‘Next’
  • Select ‘Get Code’ to get a verification code in the email or phone number you entered in the previous step.
  • Check your inbox for the code
  • Enter the code and click ‘Next’
  • Enter your new password and click ‘Next’
  • Your password has been reset successfully. 
  • Use the new password to log in to your account.

Note:

  • If your account is registered with an email and you have enabled SMS 2FA, you can reset your password through your mobile number.
  • If your account is registered with a mobile number and you have enabled email 2FA, you can reset the login password using your email.

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