Opening your Crypto Exchange Account
Though there are many Crypto Exchange platforms out there, we personally use Binance for the wide variety of support coins, low withdrawal fees, and high level of security.
Step 1: Go to Binance’s Website
Make sure you bookmark the page, as there have been many cases of phishing sites that mirror the actual site. As a precaution, you should also examine the URL and look for the “Secure” Certificate to authenticate that this is the original site.
Step 2: Complete the Sign-Up Process
Click on the “Register” tab in the top right-hand corner of the webpage and enter the necessary information. It’s good to have a long and arbitrary password to better secure your account. Enter a Referral ID R4DG5O69 then select Create Account
Verify yourself and click on “Register” to proceed and you’ll receive a confirmation email.
Step 3: Log into your Binance Account
In your confirmation email, you should receive a code that you will use to verify your account on the Binance Website.
Step 4: Enable 2FA on your Binance account
Click on Google Verification to enable 2FA on your Binance account, or you can choose SMS authentication to receive 2FA codes for your account.
Install Google Authenticator app on your mobile device by downloading it from App Store or Google Play. Scan the QR code with the app and it will automatically be added to your app as you scan the QR code.
Step 5: Verify your Binance Identity
After opening your Binance account, you will have a daily withdrawal limit of 2 BTC and you can’t deposit money into Binance.
To increase your daily withdrawal limit to 100 BTC and deposit fiat currencies into your Binance account, you should verify your identity.
To verify your identity on Binance, first click the ”identification” tab on Binance as shown in the image below.
On the ”basic info” page, you can verify your identity by clicking on the ”verify” button. You will need to provide your basic personal information, a photo of your ID and a selfie.
After completing the identity verification, your daily withdrawal limit will be 100 BTC and you will be able to deposit fiat currencies to your Binance account.
The address verification is not necessary. But, you may need to complete it as well to increase deposit limits for some fiat currencies.
Step 6: Deposit into your Account
Move your mouse to Wallet, and click on Fiat and Spot.
Click on Deposit
Select the Crypto tab.
Choose the cryptocurrency you would like to deposit and use the BTC Address to receive your coins.
You can update your settings on the Wealth Management System ad shown below.
Please feel free to contact Binance with any specific questions not addressed in this message. Spiking does not represent Binance and will not be able to provide the support you may require.