New to cryptocurrency? Here's the complete flow from zero to your first trade. Visit the Binance Official website or Binance Official APP. iPhone users can check the iOS Installation Guide.
Step 1 — Register: Create an account on Binance with your email. Step 2 — Verify: Complete KYC identity verification with your ID. Step 3 — Fund: Buy USDT via C2C trading using your bank card, Alipay, or WeChat. Step 4 — Transfer: Move USDT from Funding to Spot wallet (free, instant). Step 5 — Buy: Search for the coin you want (BTC, ETH, etc.), place a market order, done. Step 6 — Sell: When you want to exit, sell your coins back to USDT on the spot market. Step 7 — Withdraw: Transfer USDT back to Funding wallet, sell via C2C for fiat, receive money in your bank account.
The entire process is straightforward once you understand the flow. Start small, learn the interface, and gradually increase as you gain confidence.
Q: Can I lose all my money?
A: In spot trading, you can't lose more than you invested (no liquidation). But crypto prices can drop significantly — only invest money you can afford to lose.