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How to Buy Coins on Binance 2018: A Step-by-Step Guide
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Introductioncrypto,coin,price,block,usd,today trading view,In 2018, Binance emerged as one of the leading cryptocurrency exchanges, attracting a massive user b airdrop,dex,cex,markets,trade value chart,buy,In 2018, Binance emerged as one of the leading cryptocurrency exchanges, attracting a massive user b
In 2018, Binance emerged as one of the leading cryptocurrency exchanges, attracting a massive user base due to its user-friendly interface and extensive range of trading pairs. If you are looking to buy coins on Binance 2018, this article will provide you with a comprehensive step-by-step guide to help you navigate through the process.
How to Buy Coins on Binance 2018: Step 1 – Sign Up
The first step to buying coins on Binance 2018 is to create an account. Visit the Binance website and click on the "Register" button. Fill in the required details such as your email address, password, and phone number. Once you have completed the registration process, you will receive a verification email. Click on the verification link to activate your account.
How to Buy Coins on Binance 2018: Step 2 – Verify Your Account
To ensure the security of your account and comply with regulatory requirements, Binance requires you to verify your identity. Log in to your account and navigate to the "User Center" section. Click on "Authentication" and follow the instructions to verify your identity. This process may involve providing your full name, date of birth, and uploading a government-issued ID.
How to Buy Coins on Binance 2018: Step 3 – Deposit Funds
Before you can start buying coins on Binance 2018, you need to deposit funds into your account. Binance supports various deposit methods, including credit/debit cards, bank transfers, and cryptocurrencies. To deposit funds, navigate to the "Funds" section and click on "Deposit." Choose the desired deposit method and follow the instructions provided.
How to Buy Coins on Binance 2018: Step 4 – Choose a Coin to Buy
Once you have deposited funds into your Binance account, it's time to choose a coin to buy. Binance offers a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others. To find a coin, navigate to the "Exchange" section and select "Basic" or "Advanced" trading view. Use the search bar to search for the coin you want to buy or browse through the available trading pairs.
How to Buy Coins on Binance 2018: Step 5 – Place a Buy Order
After selecting a coin, you will see the trading pair for that coin. For example, if you want to buy Bitcoin, you will see the BTC/USDT trading pair. To place a buy order, click on the "Buy" button and enter the amount of coins you want to purchase. You can choose to place a market order, which will execute your order at the current market price, or a limit order, which allows you to set a specific price at which you want to buy the coins.
How to Buy Coins on Binance 2018: Step 6 – Monitor Your Portfolio
Once your buy order is executed, you will see the purchased coins in your Binance account. To monitor your portfolio, navigate to the "Funds" section and click on "Balances." Here, you can view the current balance of each coin in your account. You can also track the price of your coins and make informed decisions about when to sell or hold them.
In conclusion, buying coins on Binance 2018 is a straightforward process that involves signing up, verifying your account, depositing funds, choosing a coin, placing a buy order, and monitoring your portfolio. By following this step-by-step guide, you can easily navigate through the process and start trading cryptocurrencies on one of the most popular exchanges in the market.
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