The first step to buying cryptocurrency is to choose a reliable platform. Binance, as one of the world's leading exchanges, also provides convenient access channels and download methods domestically. Through the Identifier Navigation with the Binance Domestic Domain Navigation and the Binance APP Domestic Download Link, domestic users can easily access the Binance official website mirror, download and install the latest official APP, and quickly start trading.
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Where to Start - Accessing the Binance Official Website and Downloading the APP#
To buy cryptocurrency, you first need to register an account. The best way for domestic users to access the Binance official website is through the Binance Domestic Domain Navigation. This mirror URL solves the problems of slow and unstable access speeds. The website interface is user-friendly, with clear entry points, helping to smoothly complete the account opening process.
It is recommended to download the Binance trading APP through the Binance APP Domestic Download Link to ensure that you download the latest version officially released by Binance, avoiding third-party modifications or risky software. After installing the APP, you can log in to your account and trade anytime and anywhere.
Registration and Real-name Authentication#
When opening an account, you must first complete the registration by filling in your phone number or email and setting a password. After registration, you must undergo real-name authentication, uploading your ID card and a selfie, and following the official guidelines to complete the authentication process. This step is extremely important for ensuring account security and legal compliance. Generally, authentication can be completed within a few minutes to several hours.
Once real-name authentication is passed, account permissions will be upgraded, including increased deposit and withdrawal limits, allowing participation in more cryptocurrency trading. Do not skip this step, as subsequent operations will be limited.
Deposit Funds#
Binance offers various deposit methods. The most mainstream approach is to first exchange RMB for USDT or other stablecoins, and then buy mainstream cryptocurrencies. The deposit process is very simple: go to the wallet page, select "Deposit," choose the cryptocurrency, copy the deposit address, and then transfer from another wallet or platform to this address.
Please do not directly transfer RMB to the deposit address, as Binance does not support RMB deposits. You need to convert it into cryptocurrency first or purchase the RMB to USDT trading pair through over-the-counter (OTC) channels.
Over-the-Counter (OTC) Trading - A Convenient Way to Buy Cryptocurrency with RMB#
Binance provides a fee-free over-the-counter trading market, making it convenient for domestic users to buy and sell cryptocurrencies with RMB. By directly selecting the "OTC Trading" tab, you can see quotes from multiple sellers, with transparent prices and various payment methods supported—WeChat, Alipay, and bank cards.
After an OTC transaction is completed, Binance will automatically deposit the purchased digital assets into your account wallet, greatly simplifying the coin buying process. When choosing a seller, it is recommended to select those with high ratings and large transaction volumes to avoid risks.
Spot Trading Operation Process#
After acquiring USDT or other base currencies, you can choose Binance's spot trading to exchange it for other cryptocurrencies. The operation steps are:
- Go to the trading page and select "Spot Trading."
- Choose a trading pair, such as BTC/USDT.
- Check the market chart and enter the buy or sell quantity.
- Choose a market order or limit order; market orders execute immediately, suitable for quick purchases; limit orders can be set at an ideal price and wait for execution.
- Click "Buy BTC" or "Sell BTC," and after confirming the transaction, the coins will be credited to your account.
The trading interface is user-friendly, supporting various charts and indicators, making it easy for beginners to get started.
Withdrawal and Cash-out Precautions#
Before withdrawing coins, it is recommended to carefully verify the target address, especially the cryptocurrency type and network type. Binance supports multiple chains, such as ERC20 and BEP20; choosing incorrectly may result in asset loss.
The withdrawal operation is performed on the wallet page, where you need to enter the withdrawal address and amount, and complete mobile/email security verification. Withdrawal fees vary and are subject to the official announcement, usually being relatively low.
Security Risks and Compliance Reminders#
Safety first. Binance officially provides multiple security measures:
- Two-factor authentication (2FA): It is recommended to enable this and bind your phone or Google Authenticator.
- Fund password: Required for each withdrawal or fund operation to prevent theft.
- Anti-phishing code: Set a unique identifier to avoid phishing email fraud.
Real-name authentication is a threshold that should not be easily bypassed. Some cryptocurrencies and services may be restricted, so understand the rules before trading.
Summary#
Buying cryptocurrency domestically has a clear process, with the key being whether operations can be conducted safely and in compliance. First, access registration and real-name authentication through the Binance Domestic Domain Navigation, buy USDT with RMB through OTC, and then trade other cryptocurrencies in the spot market.
Make full use of the Binance APP Domestic Download Link to download and install the official APP for more convenient trading. Always ensure safety measures are in place, verify deposit and withdrawal addresses, and avoid errors that could lead to losses.
Using Binance to buy and sell cryptocurrencies has a low threshold, a modernized process, and is compliant and regulated, suitable for domestic users who are well-prepared with account information and pay attention to security points. With a few practices, you will quickly become proficient and stabilize your entry and exit from the market.