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Binance sign in12/28/2023 Some platforms only offer 1 way to buy BNB, while others provide several choices. Just type in how much you want to spend in CAD and let the exchange work out the rest. Most exchanges let you buy as little as $5 worth of BNB, if not less. This lets you instantly exchange one crypto for another even if there is no trading pair on the spot market. You can swap any cryptocurrency you already own for BNB using the "swap" or "convert" service on some platforms. Bank of Canada Interest Rate Forecast Report.All International Money Transfer Services.Minimum Credit Score for Credit Card Approval. Here, you’ll be able to redeem the vouchers you’ve earned. When you’ve completed the tasks that you were planning to complete, you can go to the Reward Center to check out your rewards. Under the “Spot” section, you can select if you’re looking to buy or sell, and choose between different types of orders. Then, you can select the trading pair you want to use (this will depend on which cryptocurrency you deposited to your Binance account). Go to the “Trade” menu and select “Classic”. In our example, we’ll show you how to make a trade through the “Classic” interface. There’s different ways that you can go about this. To get the $45 Spot Cashback Voucher reward, you’ll have to make a trade of $100 or more on Binance’s Spot markets. This will depend on the cryptocurrency you’re depositing, as some cryptocurrencies are slower than others. Here’s an example of what depositing Bitcoin looks like:Īfter making your deposit, you’ll have to wait a little before the funds become available in your Binance account. Make sure to read the instructions carefully, because cryptocurrency transactions can’t be reversed! After you choose the network, Binance will provide you the address to deposit your funds to. Then, type in the cryptocurrency you’re looking to deposit in the search bar, and select the “Deposit” option.įor coins that are available on more than one blockchain, you’ll also have to choose which blockchain you will be using – you can do so in the “Network” menu. To deposit cryptocurrency to your Binance account, choose the “Fiat and Spot” option under the “Wallet” menu. You can earn the $50 Spot Cashback Voucher by depositing $50 worth of cryptocurrency or more within 5 days of creating your Binance account. Then, you can choose between the “Card Deposit” and “Third-Party Payment”, depending on which services are available in your region. You can deposit fiat currency by selecting “Buy Crypto” from the top left of the Binance interface. For most users, the Fiat method will be more appropriate. To earn the $5 Cash Voucher, you’ll have to deposit $50 worth of funds or more through the Fiat or P2P channels. You can track the progress of the tasks your account is eligible for under the “Task Center” section of your Binance profile. How and why you should do KYC on Binance? 3. If you want more information on how KYC works on Binance, you can check out the following article: Verifying your identity will also give you additional benefits when using Binance, such as higher deposit and withdrawal limits, the ability to order the Binance Card, participate in Launchpad token sales, and more. In order to be eligible for the $100 welcome bonus, you’ll have to pass a KYC (know your customer) process. Verify your identityīinance now requires all traders to verify their identity, which is necessary for the exchange to comply with the relevant regulations. The sign up process is quick and simple, so you should be done in a few minutes.Ĭreate Binance Account 2. Trade more than $100 worth of crypto: $45 Spot Cashback Voucher rewardīefore you get started, you’ll of course have to register an account with Binance.Deposit more than $50 worth of crypto: $50 Spot Cashback Voucher reward.Make a Fiat or P2P deposit larger than $50: $5 Cash Voucher reward.The total amount of rewards you will receive will depend on how many of these steps you complete. How to get the $100 welcome bonus on Binance?īinance’s $100 welcome bonus is split into three different steps, which you have to complete within 7 days of creating your Binance account. So, if you’re looking to get started with cryptocurrency and are still deciding on which exchange to use, Binance’s latest promotion is a pretty strong argument in their favor. Leading cryptocurrency exchange Binance is offering up to $100 in bonus rewards to new users.
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