2025 Binance Tutorial: Step-by-Step Guide to Register, Deposit, and Trade in 5 Minutes

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Cryptocurrencies like Bitcoin have surged in popularity over recent years, becoming a go-to investment choice for both beginners and seasoned investors. If you're new to digital assets, the first step is simple: sign up with a trusted cryptocurrency exchange.

While local platforms like MAX serve as excellent entry points for users in Taiwan, expanding your horizons to global markets opens up more opportunities. That’s where Binance, the world’s largest crypto exchange by trading volume, comes in.

This comprehensive Binance tutorial walks you through every step—from registration and identity verification to depositing funds and executing your first trade—all within minutes. Whether you're using a mobile app or desktop, this guide ensures a smooth onboarding experience.

👉 Start your crypto journey today with a trusted global platform.

Understanding Crypto Trading: Fiat vs. Crypto-to-Crypto

Before diving into Binance, it’s crucial to understand the two main types of cryptocurrency trading:

Fiat-to-Crypto Trading

This involves buying or selling digital currencies directly with traditional money (fiat), such as:

For beginners, this method is the most straightforward way to enter the market. You can deposit local currency, purchase crypto instantly, and later sell back to fiat when you’re ready to cash out.

Crypto-to-Crypto Trading

Here, you trade one cryptocurrency for another:

While fiat trading is ideal for onboarding, crypto-to-crypto trading offers distinct advantages:

  1. Higher liquidity and faster execution: Global markets operate 24/7 with massive volume, reducing slippage—even for large trades.
  2. Broader asset access: Not all altcoins are paired with fiat. However, most support stablecoin pairs like USDT, making them accessible via crypto swaps.
  3. Flexible positioning: Active traders often hold USDT (pegged 1:1 to USD) during volatile periods, preserving value while waiting for optimal entry points.
Example: Suppose you want to buy a new altcoin only available in BTC/USDT pairs. If you hold Bitcoin but fear a short-term drop, convert part of your BTC to USDT. This hedges risk while keeping you ready to act when the price hits your target.

Understanding these dynamics highlights why platforms like Binance—supporting both trading types—are essential for modern investors.

Why Choose Binance?

Launched in 2017, Binance grew rapidly to become the world’s leading cryptocurrency exchange within just eight months. It offers a full suite of services:

Its native token, BNB, ranks among the top 15 cryptocurrencies by market cap and powers reduced trading fees, governance rights, and ecosystem access.

Beyond trading, Binance champions blockchain education and innovation, making it a cornerstone of the global crypto ecosystem.

How to Use Binance: A Complete Step-by-Step Guide

Follow this clear process to get started quickly and securely.

Step 1: Register an Account

  1. Download the Binance app from your device’s official app store.
  2. Tap “Sign Up” or visit the official site.
  3. Enter your email address and create a strong password.
  4. Complete registration.
🔐 Tip: Use a unique password and enable two-factor authentication (2FA) immediately after signing up.

👉 Discover how top traders manage their portfolios on secure platforms.

Step 2: Complete Identity Verification (KYC)

To unlock full functionality—including withdrawals and higher limits—you must verify your identity.

  1. Tap your profile icon in the top-left corner.
  2. Select “Verify Now.”
  3. Choose your ID type: passport, driver’s license, or national ID.
  4. Follow on-screen prompts to capture clear photos of your document and face (similar to Face ID).
  5. Submit and wait for approval—usually processed within minutes.

Once verified, you’ll gain access to advanced features like P2P trading, staking, and higher withdrawal limits.

Step 3: Deposit Funds (Funding Your Wallet)

There are two primary ways to fund your Binance account:

Option A: Deposit Crypto from Another Exchange

  1. Go to “Wallet” > “Spot.”
  2. Click “Deposit,” then select the asset (e.g., USDT).
  3. Choose the preferred network (e.g., TRC20 for low fees and fast transfers).
  4. Copy the generated deposit address.
  5. Log in to your sending platform (like MAX), initiate a withdrawal, and paste the Binance address.
  6. Confirm the transaction.
⚠️ Critical: Always double-check the network and address format. Sending BEP20 tokens to a TRC20 address will result in permanent loss.

Option B: Buy Crypto with Fiat

You can also use:

These options allow direct purchases using TWD or USD without needing another exchange.

Step 4: Buy Cryptocurrency (Buy Low)

  1. Tap “Trade” at the bottom menu.
  2. Search for your desired pair (e.g., BTC/USDT).

  3. Choose between:

    • Market Order: Instant purchase at current price.
    • Limit Order: Set a specific price to buy later.
  4. Enter amount (use % shortcuts like 25%, 50%, 100% for convenience).
  5. Confirm “Buy BTC.”

Your order executes immediately (market) or waits for market conditions (limit).

Step 5: Sell at Profit (Sell High)

When prices rise:

  1. Navigate back to the trading interface.
  2. Switch to “Sell.”
  3. Enter quantity and confirm “Sell BTC.”

Proceeds return to your spot wallet as USDT or another base currency.

Step 6: Withdraw Funds

To cash out:

  1. Go to “Wallet” > “Withdraw.”
  2. Select asset and network.
  3. Paste your external wallet or exchange address.
  4. Confirm withdrawal after reviewing fees and minimums.

Always make test withdrawals with small amounts first.

Frequently Asked Questions (FAQ)

Q: Is Binance legal in Taiwan?
A: While Taiwan hasn’t fully regulated international exchanges, Binance remains accessible. Users should comply with local tax and reporting requirements.

Q: How long does verification take?
A: Most KYC applications are approved within 15 minutes to 24 hours.

Q: What is the safest network for USDT transfers?
A: TRC20 offers low fees and fast confirmations. Avoid mismatched networks at all costs.

Q: Can I trade without KYC?
A: Limited features are available without verification, but full functionality requires identity confirmation.

Q: Does Binance support TWD deposits?
A: Direct TWD deposits aren't available, but you can buy USDT via P2P using TWD with local sellers.

Q: How do I protect my Binance account?
A: Enable Google Authenticator (not SMS), use strong passwords, and never share recovery phrases.

Binance has revolutionized how individuals interact with digital finance—offering speed, variety, and global reach. As crypto adoption accelerates, being equipped with the right tools and knowledge ensures you’re positioned for success.

Whether you're investing small amounts or managing diversified portfolios, mastering Binance gives you access to the forefront of financial innovation.

👉 Learn how professionals maximize returns using advanced trading tools.

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By following this guide, you’ve taken the first confident step into the dynamic world of digital assets—no prior experience needed.