At Binance fastest growing exchange market, you can find two types of trading one is BitCoin and other one is Ethereum. Binance ETH Market is considered as a secondary market. Based on these trading markets, you can find the extreme volume but this is only to be expected.
In these recent days, every cryptocurrency needs massive volume. With the addition of ETH trading market to the Binance, the situation of requiring massive volume of cryptocurrency may come to change. Ethereum trading market is considered as secondary market. Finally, Binance has added a coin people actually want to trade.
Start Trading on ETH Market
How to Open a Binance Trading account
You’re required to follow some steps to open a Binance trading account. At initial point, you need to open a website and the link will open in new window. However, you need to pick the website which is exactly similar to the actual site. For that, examine the website URL and check for the secure certificate that may authenticate the original site.
Binance Supports : BTC Market | BNB Market | USDT Market | ETH Martket
In the second step, you need to complete the process of sign-up in which you can click on register button which provides you all required information. When it comes to password section, you need to provide strong password by following the guidelines. At last, you can retype your password and click the register button to proceed further. You can check out for email to receive confirmation email for new account.
Enable 2-Factor Authentication
If you log-in for the first time, it might ask you to enable the F2A authentication which helps to enhance the security of your account. For example, if you’re new to 2FA, you will require to download Google Authenticator app and scan the QR in order to get a 1-minute changing code. Once if you’ve completed these steps, you are done with the setting up of your account.
In the funds menu, you can find out deposit funds and it will show you a list of deposit funds. After that, you can choose a coin which you want to deposit. Here, you can able to find out a list of all traded coins on the web page. You can search for a coin that you want to deposit and press the corresponding button in order to accomplish the trading process. Once you’ve done with this, you can find a new dedicated wallet which will be created based on your Binance account. Specifically, the wallet address for each coin will be different and you should ensure that deposit only the specific coin to its wallet. It has included high loss of funds risk and you may loss the funds permanently if you’ve deposited controversially. You can send your coins to your wallet with the new generated address.
For example, if you want to deposit Bitcoin, you need to send the coins to specific address named as BTC deposit address. This address will be used for both transferring of BitCoins from your wallet to any other exchange to your Binance account.