Founded in July 2017, the platform has quickly established itself among the best cryptocurrency buying and trading platforms in the world. Binance is now a company listed at over $ 1 billion.
This platform allows you to exchange cryptocurrencies against other cryptocurrencies (Bitcoin, Litcoin, Etherum, etc.). It also allows you to buy or sell your cryptocurrencies.
It is a complete exchange that enables crypto-to-crypto and crypto-to-fiat exchange. You can therefore buy your first cryptos with euros and they will be directly usable for your trading .
Start by registering by filling in the various fields then validating by clicking on “Create an account” . Then go to your inbox to validate the email that Binance sent to you. To activate your account, click on the link in this email.
Once your account is activated, you can return to Binance and click on “Login” .
Then, in order to prepare for the next step of securing your Binance account, go to the following URL: https://www.binance.com/en/my/settings/profile .
To secure your account, you must now go to the “Security” section of your account. You can access it directly through this URL: https://www.binance.com/fr/my/security
On this page, we will find several means of securing the account (we recommend at the bare minimum that you opt for the first 2 first):
Basically, right after you register with Binance, your account will have several deposit and withdrawal limitations. In order to remove these limitations and take full advantage of all the services, you will need to prove your identity by validating your KYC ( Know Your Customer ).
To do this, go to the “Identification” section of your account accessible directly from the following URL: https://www.binance.com/fr/my/settings/profile
From here, you will be able to start the verification of your identity by filling in the necessary fields and then sending one of the requested attachments (front / back identity document, or passport, or driving license. )
Be careful not to provide an expired or poor quality identity document, this could be a reason for refusal. In case of refusal, do not panic, it is possible to renew the request.
As you can see from the attached image, there are several levels of checks with different limitations for each level.
Here is the procedure to follow to find out your different deposit addresses for your different cryptocurrencies:
It is possible to make a withdrawal from Binance to your bank account in 2 possible ways: By Transfer, or by Credit Card.
You will also need to have Euros in your Binance account. If this is not the case, you will first need to convert your cryptocurrencies into Euros.
Here is the procedure for making the withdrawal:
To make an external transfer (therefore a payment), you have to go to your wallet and use the “Withdraw” function.
All that remains is to complete the withdrawal form.
There are many reasons why you might want to convert your cryptocurrencies (for example, converting your cryptos into euros).
Another reason, which we strongly advise you, would be to want to convert your “risky” cryptocurrencies into another much less risky currency (such as stablecoin , like USDT , which are cryptocurrencies whose price does not vary. a lot).
All you have to do is fill out the form, and click Convert.