🎁 Lifetime fee discount code for new sign-ups DISCOUNT6

The Binance exchange,
explained simply

Binance is one of the world's largest cryptocurrency exchanges. This guide walks you through what it is and how to get started — open an account, verify your identity, secure it, deposit, and place your first trade — in plain English.

OVERVIEW

What is the Binance exchange?

A single platform that brings spot trading, derivatives, earn products, and a wallet together in one place.

💱

Spot trading

Buy and sell hundreds of cryptocurrencies at market or with limit orders.

⚡

Futures

Leveraged perpetual and quarterly contracts for advanced traders.

💰

Earn

Flexible and locked savings products on idle balances.

🛡️

Security

2FA, anti-phishing codes, withdrawal whitelists, and the SAFU fund.

📱

Apps everywhere

The same account across web, mobile, and API.

🌊

Deep liquidity

High trading volume means tight spreads and fast fills.

GET STARTED · 5 STEPS

Open an account and place your first trade

From registration to your first order — the whole process takes about 15 minutes.

1 Entering email and password on Binance sign-up 🔍 Zoom

Register with email

Open the official site, click Sign Up / Create Account, and enter your email + a password of 8+ characters. Entering referral code DISCOUNT6 at sign-up gives a lifetime fee discount.

Note

  • Use a real email (to receive verification)
  • Don't reuse a password from another site
2 Entering the email verification code 🔍 Zoom

Verify your email

Enter the 6-digit code sent to your email to confirm you own the address.

If the code doesn't arrive

  • Check spam / promotions folders
  • Click 'Resend code' and wait 1–2 minutes
3 KYC identity verification 🔍 Zoom

Verify your identity (KYC)

Upload a government ID and complete a selfie/live check. KYC unlocks deposits, withdrawals, and higher limits.

Tips to pass first time

  • Bright spot, all four corners of the ID visible
  • Make sure your name and date of birth match your ID
4 Setting up 2FA and a withdrawal password 🔍 Zoom

Secure your account

Set up 2-step verification (Google Authenticator) and a withdrawal password before funding.

Be sure to set these

  • Keep the 2FA backup key somewhere safe
  • Register an anti-phishing code (prevents email spoofing)
5 Depositing and starting to trade 🔍 Zoom

Deposit and trade

Deposit crypto from another wallet/exchange or buy with a card, then trade in Spot or use Convert for the simplest swap.

Next step

Enter the discount code at sign-up

Adding the code below when you register gives a permanent trading-fee discount. It only applies to new sign-ups and can't be added later.

DISCOUNT6
BASICS

Spot vs futures — which should a beginner use?

They look similar but behave very differently. Start with spot and learn futures only once you understand the risks.

Spot

  • You own the actual coin and can withdraw it
  • No leverage, no liquidation
  • Profit only when the price rises
  • Best for beginners and long-term holding

Futures

  • A leveraged contract on price movement, not the coin itself
  • Can be liquidated if margin runs out
  • Carries a much higher risk of losing your principal
  • Only for those who understand leverage and risk management
⚠ Risk notice · Crypto trading, and leverage in particular, carries a high risk of losing your entire principal. This site is informational only and is not investment advice.
NEXT

Keep going with these guides

How do I deposit and start trading?

Deposit routes, choosing the right USDT network, KYC limits, and a simple walkthrough of your first trade.

Deposit & Trade guide →

Something isn't working

Common error codes, KYC rejection fixes, spotting phishing sites, and how to reach support effectively.

Troubleshooting guide →

Open your Binance account today

Enter the discount code below at sign-up for a permanent trading-fee discount. It only applies to new sign-ups, so add it during the first step.

DISCOUNT6