Achievement 2: introduction to binance and setting up binance account.

in Newcomers' Community2 years ago

Hello guys I hope all of you guys are good and happy. As I have completed my Achievement 1 and I have succeeded in it. And I enjoy working on Steemit because it is true and amazing platform. And it provided a chance for proofing my hidden talents. Now I am going to make a post of Achievement 2 as assigned by @kobikoolimodu. In Achievement 2, I will discuss Basically on SETTING UP YOUR BINANCE ACCOUNT on Steem.

First of all, what is binance?
Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software.
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• Download Binance.
• Binance is the world’s largest and safest crypto exchange that’s why we prefer using it.
• Download from AppStore/playstore.
• Referral code isn’t compulsory but if they ask, use this 279025332
• Select Nigeria as your country and NGN as your currency. This is important ( if your a Nigerian).
• This is the official logo of Binance.

download.png

• If you have downloaded your Binance, follow the next steps in removing your Binance from Lite so you can enjoy the full features.
• Now click on the yellow toggle to turn your lite off to Binance Pro

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• If you’ve switched to Pro, click verify circled up above to verify your account. You will need a
government issued ID to do that. Driver’s License and International Passport work best. If it does not work with your phone, try using a laptop.
• Click on the icon circled green in the screenshot

Screenshot_20220316-160827.png

• A verified account should show like this at the top left. If it is not showing like that then you are not yet verified

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• Verification may take up to a day but whether your account is verified or not, it does not matter, you can trade successfully on Binance without issues.
• Verification only became a thing in Nigeria because of the CBN restrictions on Crypto to Nigerian banks. Before the ban, we could easily just use our Nigerian bank cards to fund our wallets directly from Binance, but with the ban we had to switch to funding our wallets via Peer to Peer or P2P.
• Those whose accounts are not verified can fund their accounts too and buy crypto. Just keep reading, I’ll show you how in the next achievement 3.

Best Regards;
@cryptokannon
@ngeonyi
@whitestallion
@bright-obias
@josepha

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Achievement 2 is not about this topic. Please read the following post.

Achievement 2 : Basic Security on Steem

 2 years ago 

Is okay ma, thanks so much.

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