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How to Open Fiat Trading on Binance? Real-name Authentication Tutorial

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Introduction#

In the world of cryptocurrency, Binance is one of the leading platforms known for its wide range of trading pairs and efficient services. To engage in fiat trading on Binance, you need to complete the real name authentication process. This article will guide you step by step on how to open fiat trading on Binance, allowing you to enter the ocean of digital assets safely and conveniently.

Fiat Trading on Binance

Step 1: Register a Binance Account#

  1. Visit the official Binance website.
  2. Click the "Register" button in the upper right corner and enter your email or phone number to create a strong password.
  3. Follow the prompts to complete the verification of your phone or email.

Step 2: Real Name Authentication#

1. Basic Authentication#

  1. Log in to your Binance account, click on the avatar in the upper right corner, and select "Identity Verification".
  2. Choose "Basic Verification", fill in your name, ID card number, and upload clear photos of the front and back of your ID card.
  3. After submission, the system usually completes the review within a few hours.

2. Advanced Authentication#

  1. After completing the basic authentication, select "Advanced Verification".
  2. Provide a photo of yourself holding your ID card, ensuring that the ID card information is clear and visible on the same photo as your face.
  3. Fill in information such as occupation and source of income.
  4. The advanced authentication review may take a little longer, usually within 1-3 working days.
    Real Name Authentication on Binance

Step 3: Open Fiat Trading#

  1. After passing the real name authentication, return to the Binance homepage and click on "Fiat Trading" in the navigation bar.
  2. Choose "Quick Buy/Sell" or "Trading Zone" based on your needs and select the appropriate trading pair.
  3. For first-time use, you may need to bind a payment method such as a bank card or a third-party payment platform.
  4. Follow the page prompts to complete the binding and set the trading limit.

Step 4: Fiat Trading Operation Guide#

  1. Quick Buy/Sell: Enter the purchase amount or quantity, confirm the price, and click the "Buy" or "Sell" button to complete the payment or collection according to the prompts.
  2. Trading Zone: Suitable for users familiar with trading, you can place orders or take orders, and customize prices for trading.

Step 5: Security Tips#

  1. Keep your account secure: Set up 2FA (two-factor authentication) and regularly change your password.
  2. Trade with caution: Only trade on the official Binance platform and avoid private transactions.
  3. Avoid disclosing personal information: Do not provide your authentication information on any unofficial channels.

Conclusion#

Opening fiat trading and completing real name authentication is the first step to enter the world of Binance and a key to ensuring transaction security. Now that you have mastered the entire process, simply follow these steps to engage in fiat trading safely and efficiently on the Binance platform. Wishing you success in the world of cryptocurrency!


This article aims to provide a basic guide, and specific operations may vary due to updates on the Binance platform. Before conducting any transactions, please be sure to review the latest platform rules and policies.

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