Mark the Hide small assets checkbox to filter out everything with an equivalent balance of less than 0.001 BTC.īinance accepts deposits in any of its listed crypto assets, but not in fiat currency.Ģ. Binance displays a very long list of coins and balances. Securing with 2FA is even more important if you go this route.Ģ. However, Binance’s altcoin transfer fees are often higher than other exchanges, making it tempting to keep more funds on the site than usual. One of the basic rules of crypto is to only keep your trading funds in your exchange wallet. In reality, your wallet is a collection of individual blockchain addresses – one for each asset or currency – held and maintained by the exchange. Like all exchanges, Binance assigns you a virtual “wallet” to hold your funds. Disabling 2FA requires a six-digit authorization code as usual. Binance takes you to your profile, where you can see your active 2FA on the right. Enter your authorization key (the one you scanned and wrote down), your account password, and your six-digit code from the 2FA app.Ħ. Binance asks you to enter the six-digit code generated by your authenticator. Resetting a key can take a week, so make sure you have a backup on paper!Ĥ. Back on Binance, click Next Step, which prompts you to write down your secret key. Scan the QR code or enter the secret key into your authentication app.ģ.
Download the Google Authenticator app or install WinAuth or a similar desktop program.Ģ. Wait for the SMS to arrive, then enter the Authentication Code to verify.ġ. Select your country and enter your mobile number.Ģ. Crypto exchanges are a centralization point on the blockchain, making them a prime target for hackers, phishers, and other criminals.ġ. Setting up 2FA means you must supply your password and a one-time authentication code generated by your 2FA method to log in.īinance doesn’t force you to use 2FA but it’s highly recommended. Instead of relying on a password to secure your account, Binance prompts you to set up either SMS or Google Authentication. Most financial websites now implement some form of 2FA or “two-factor authentication.” Make sure you read it carefully and tick all the boxes to confirm! The first time you log in, Binance displays a security advisory. The login process is equally simple: enter your email address and password, complete a captcha and you’re in. Make sure you bookmark the Binance main page, to avoid phishing attempts.Īnd that’s it! Binance is an almost-anonymous exchange, so requires no further verification to begin trading.
Complete a captcha and verify your email address.Ĥ. Fill out your email, password, and optional referrer ID.ģ. You should consider whether you can afford to take the high risk of losing your money. 66% of retail investor accounts lose money when trading CFDs with this provider. EToro is a multi-asset platform which offers CFD and non CFD products.
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