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How to buy cryptocurrency domestically? A complete guide for beginners to purchase ETH and USDT on Binance Exchange.

#交易所#币安#币安交易所0
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To purchase Ethereum (ETH) and Tether (USDT) in China, Binance is a popular choice. Due to access issues with Binance's official site, users can utilize the provided navigation tools for easy access to the site and app downloads. ### Steps to Buy ETH and USDT on Binance: 1. **Access Binance**: Use the domestic navigation link to reach the official site quickly and download the app securely. 2. **Registration and Verification**: Register using a phone number or email, then complete identity verification by uploading ID photos and performing facial recognition. 3. **Bind Payment Method and Deposit**: Link a bank card or third-party payment method, then deposit Chinese Yuan (CNY) through the "Fiat Trading" section. 4. **Buy USDT**: Navigate to the "Fiat Trading" section, select USDT, set the amount, and complete the payment. 5. **Purchase ETH with USDT**: Go to the "Spot Trading" section, search for the ETH/USDT pair, and place an order (market or limit) to buy ETH. 6. **Ensure Asset Security**: Enable two-factor authentication (2FA) for account security and consider transferring assets to a cold wallet. For withdrawals, sell digital currency for CNY and transfer to a linked bank account. In summary, Binance offers a straightforward process for buying ETH and USDT in China, with emphasis on security and ease of use.

To smoothly purchase Ethereum (ETH) and Tether (USDT) domestically, Binance exchange is the first choice for many. The domestic environment is complex, and there are often obstacles when accessing Binance. At this time, it is particularly convenient to use the Identification Navigation provided Binance Domestic Domain Navigation and Binance APP Domestic Download Link to ensure smooth access to the official website mirror and installation of the APP. Below is a detailed process for purchasing ETH and USDT on Binance, guiding you step by step.

Binance

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

1. Access Binance Domestic Official Website Mirror and Download APP#

As an internationally renowned cryptocurrency exchange, directly accessing the official website of Binance may encounter slow speeds or even accessibility issues. With the help of Identification Navigation domestic domain navigation entry Binance Domestic Domain Navigation, users can quickly access the latest available official website mirror address of Binance, avoiding the embarrassment of not finding official channels.

Downloading the Binance APP is equally important. By using the Binance APP Domestic Download Link, you can directly obtain the official APP installation package, saving the trouble of finding a safe download channel. A stable and fast APP can help make the trading process smoother.

2. Register and Complete Real Name Verification#

  1. Visit Binance Domestic Domain Navigation and click the registration button.
  2. Fill in your phone number or email, and set a login password. Be sure to use real information for subsequent real-name verification.
  3. After logging in, go to the "User Center" to complete real-name verification. Upload photos of your ID card (front and back) and perform facial recognition verification.

Real-name verification is a prerequisite step for conducting larger transactions and fiat currency deposits and withdrawals, so be sure to complete it patiently.

3. Bind Payment Method and Deposit RMB#

Binance supports various deposit methods, with domestic users mainly using bank cards or third-party payment channels. Steps to bind a payment method:

  • Go to the "Fiat Trading" page and select "Deposit."
  • Choose RMB (CNY) to bind a bank card or supported third-party payment platform.
  • After confirming the binding information, enter the deposit amount and submit.

The time for funds to arrive generally varies depending on the selected channel, with regular bank transfers typically taking a few minutes to half an hour.

4. Purchase USDT (Tether)#

USDT is the most commonly used stablecoin in cryptocurrency trading. Once you have USDT, you can freely buy and sell other cryptocurrencies, such as ETH.

  1. Enter the Binance APP or web version and open the "Fiat Trading" section.
  2. Select to purchase USDT and set the purchase amount.
  3. Choose the payment method and complete the payment as prompted.

Once the funds arrive, you can check your USDT balance in the "Spot Trading" section.

5. Use USDT to Purchase ETH (Ethereum)#

With USDT, buying ETH is very simple:

  1. Go to the "Spot Trading" page and search for the "ETH/USDT" trading pair.

  2. Enter the amount of ETH you want to buy or convert using USDT.

  3. Choose "Limit" or "Market" order:

    • A market order will execute immediately at the current market price.
    • A limit order allows you to set your own buying price and wait for execution.

  4. After confirming the purchase, wait for the transaction to complete, and the ETH will sync to your wallet.

6. Asset Security and Withdrawal#

Confirming asset security is very important.

  • It is recommended to enable security settings and activate two-factor authentication (2FA) to enhance account security.
  • After purchasing ETH and USDT, it is advisable to transfer them to your cold wallet or hardware wallet for safe storage, avoiding platform risks.

If you want to withdraw RMB (fiat currency):

  1. Use "Fiat Trading" to sell digital currency for RMB.
  2. Withdraw the amount to your bound bank card or payment account.

Summary#

If you want to purchase ETH and USDT domestically, Binance exchange is the most direct and mature platform. Accessing Binance Domestic Domain Navigation ensures smooth entry into the official website mirror, and using the Binance APP Domestic Download Link to install the official APP provides a seamless experience. After completing registration and real-name verification, binding a payment method allows you to easily deposit RMB, purchase USDT, and then exchange USDT for ETH. The operation is simple and user-friendly, meeting most trading needs. Ensure account security by using two-factor authentication and cold wallet storage to effectively safeguard your assets. Mastering this entire process will eliminate confusion for domestic users when buying cryptocurrencies.

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