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What are the complete steps for domestic users to buy Binance Coin on the Binance app? User manual for purchasing BNB on the Binance exchange app.

#币安#币安交易所#币安交易所APP0
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For domestic users looking to purchase Binance Coin (BNB) using the Binance app, it's essential to understand the transaction process. Here’s a step-by-step guide: 1. **Download the Binance App**: Ensure you download the official version from a reliable domestic link to avoid risks associated with unofficial sources. 2. **Register and Verify Your Account**: Open the app and register using your phone number or email. Complete KYC verification to unlock additional trading features, which includes uploading identification and setting up two-factor authentication for security. 3. **Deposit Funds**: After registration, navigate to the "Assets" or "Wallet" section to deposit funds. You can deposit fiat currency (CNY) or transfer cryptocurrency from another platform by generating a BNB deposit address in the app. 4. **Purchase BNB**: Once funds are deposited, go to the trading section, select the BNB trading pair (e.g., BNB/CNY), and choose your buying method: - **Limit Order**: Set your desired price and wait for the market to match it. - **Market Order**: Buy at the current market price for immediate execution. 5. **Manage Your BNB**: After purchasing, you can use BNB for transaction fee discounts or participate in various financial products on the Binance platform. Regularly check your account for security and balance updates. **Common Issues**: Be aware of deposit times, transaction fees, and security practices to protect your account from phishing attempts. In summary, the process of buying BNB through the Binance app is straightforward and secure, provided you follow the recommended steps and use official channels.

For domestic users who want to purchase Binance Coin (BNB), understanding how to smoothly use the Binance APP for trading is crucial. Below, I will detail the entire process from downloading to registration, depositing, and purchasing, making it easy for you to complete the purchase of Binance Coin.

Binance APP

Navigation Links: OKX, Binance, HTX, Gate, Bitget, Bybit

Download the Binance APP and Access Entry for Domestic Users#

Make sure to download the official version of the Binance APP to avoid risks associated with unofficial channels. Domestic users can obtain the Binance APP through the navigation link for domestic download, without worrying about access issues. This link corresponds to Binance's official domestic mirror service, ensuring fast and secure download speeds.

Visit the official Binance exchange website, and it is recommended to enter the Binance domestic domain navigation page. Here, various mirror addresses available in the domestic market are provided to ensure a smooth access experience and avoid delays or risks of being blocked.

Register a Binance Account and Complete Identity Verification#

After downloading and installing the APP, open the Binance client, and the first step is to register an account. You can use either a mobile phone number or an email address, but it is recommended to register with a mobile phone number for easier subsequent verification and security settings.

Be sure to fill in real information. Binance complies with KYC (Know Your Customer) rules, and completing identity verification unlocks more trading permissions, including increased deposit and withdrawal limits. The identity verification steps include uploading identity information and a selfie, with clear operational guidance to follow.

After completing real-name verification, you also need to bind two-step verification (Google Authenticator or SMS verification). This step is crucial for protecting the security of your account assets.

Account Deposit Methods#

Once the account registration is complete, go to the "Assets" or "Wallet" module to find the deposit option. Domestic users mainly have two deposit methods:

  1. Fiat Currency Deposit
    Binance now supports various fiat currency deposit channels. You can directly select "Fiat Deposit" in the APP, supporting CNY (Chinese Yuan) deposits. Users should follow the process to choose a payment channel and complete the transfer. Always confirm the recipient information to avoid transferring to the wrong account.

  2. Cryptocurrency Deposit
    If you already hold cryptocurrencies from other trading platforms, you can choose to deposit them into your Binance account. Before depositing, generate a BNB deposit address in the Binance APP, and make sure to confirm the currency matches when sending funds.

Purchase Binance Coin (BNB)#

After completing the deposit, open the Binance APP homepage, click on "Spot Trading" or directly search for "BNB." Enter the BNB trading page and select a trading pair, such as BNB/CNY.

There are several methods to purchase BNB:

  • Limit Buy
    Set the price and quantity you are willing to buy, and place an order to wait for the market price to reach your set price.

  • Market Buy
    Purchase directly at the current market's best price, suitable for users who want to complete the transaction quickly.

The operation steps are simple: fill in the quantity or amount, and confirm the purchase. After the transaction, BNB will automatically be credited to your Binance account wallet.

Manage and Use BNB#

Once you have purchased BNB, it can be used to offset trading fees or participate in various financial products on the Binance platform. BNB is also a core asset of the Binance ecosystem, which can be used for payments, staking, and participating in IEOs.

In the APP, you can view your BNB balance, asset value, and transaction history on the "Assets" page. It is recommended to regularly check your account security to ensure the safety of your funds.

Frequently Asked Questions and Precautions#

  • Deposit Arrival Time
    The speed of fiat currency deposits depends on the payment channel, generally ranging from a few minutes to several tens of minutes. Cryptocurrency deposits require confirmation from the blockchain network, and the time is relatively controllable.

  • Fee Issues
    Using BNB to pay trading fees can enjoy discounts, so it is recommended to purchase a certain amount of BNB for fee payments.

  • Account Security
    Never disclose SMS verification codes or Google verification codes to strangers to avoid account theft.

  • Download and Access through Official Channels
    Use the domestic mirror access and APP download links provided by navigation links to reduce the risk of phishing websites stealing your account.

Summary Analysis#

The process for domestic users to purchase Binance Coin through the Binance APP is clear and convenient. Using the official version of the APP in conjunction with domestic mirror sites ensures access and fund security. The identity verification during the registration process is a threshold for access, and once completed, users can enjoy various fiat deposit paths provided by Binance. After the deposit arrives, whether using limit or market orders to buy BNB is very simple. Remember to combine BNB's fee discount strategy to truly save costs on buying and selling.

This operation manual aims to help domestic users clarify the steps and precautions for purchasing BNB to avoid pitfalls. As long as you follow the standard process, the purchasing process will not be complicated, and your investment will be more secure. I hope the content of this article allows you to complete the purchase of Binance Coin on the Binance APP pleasantly and safely.

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