Binance NZ
Trade various cryptocurrency assets through the Binance App today. Founded back in 2017 by developer Changpeng Zhao, Binance has grown to become the largest crypto exchange in the world in terms of trading activity. Initially based in China, the company had moved its headquarters due to the increasing regulation of cryptocurrency in the country. It helps empower individuals to take control of their finances while investing in the decentralised web.
Binance is a great choice just based on its popularity and supposedly good reputation among traders around the world.
Caution: Binance is currently under investigation by the US Department of Justice and the Internal Revenue Service (IRS) for allegations of money laundering and tax offenses. Also, the UK’s Financial Conduct Authority has ordered Binance to stop all regulated activity in the UK last June 2021. Awaiting further developments on these current issues.
Binance Exchange Payment Options:
The Binance App comes with several payment options that makes buying, trading, and exchanging cryptocurrencies convenient and easy. For instance, the Binance Exchange easily allows you to exchange fiat currency for Bitcoin or other coins like Binance Coin if you prefer.
P2P Trading
The Binance App also provides a peer-to-peer (P2P) trading service, connecting crypto sellers and buyers directly, eliminating most middlemen. This allows the app to facilitate fiat payments through a variety of options capable of meeting most users’ preferences.
Debit/Credit Cards
Having partnered with Simplex, Binance now allows users to buy around 31 different crypto coins using a credit card. Do note that there’s Binance Fees associated with this service, with premiums that can get as high as a 3.5% for USD-based purchases.
Wire Transfer
Buyers can also purchase crypto directly with fiat via SEPA and bank transfers thanks to Binance’s partnerships with other third-party providers. This helps keep costs low, as wire deposits and SEPA don’t charge any transaction fees though it does exclude USD deposits, accepting only fiat options such as Euros, CAD, and AUD.
All About the Binance Platform:
Trade cryptocurrency like Bitcoin, Ether, BNB, XRP, and other coins and trading pairs with a user-friendly and easy interface via the Binance Platform. Choose between ‘basic’, ‘classic’, and ‘advanced’ interfaces and start trading today!
Get 24/7 Support for all your queries!
The Binance Exchange’s support team is available 24/7! Never hesitate to contact them about any problems you may have with your account.
Join a Global Community
Join the largest crypto exchange and start trading with other users today! Participate in discussions regarding the future of cryptocurrency and decentralised finance with users from all over the world.
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Read the Blog!
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Binance Fees
When it comes to crypto, Binance doesn’t charge any deposit fees. On the other hand, users need to pay a flat fee for each withdrawal. These rates are determined by the blockchain network, which means they can sometimes fluctuate depending on factors like network congestion. These withdrawal fees are used to cover the costs of moving the currency out of a user’s Binance account.
FAQ
There’s three main reasons why you may deposit your funds incorrectly.
Missing or wrong TAG
Your deposit will not be credited if you forgot the right TAG, Memo, or payment ID. If this happens, you can use Binance’s online self-service here.
Incorrect receiving/deposit address or unlisted token deposit
Binance does not offer a token or coin recovery service though they will sometimes assist a customer with recovery on the rare occasion. Recovery is not always guaranteed, however, so it’s best to keep that in mind first. Binance will ask for your Binance account email, Token name, Deposit amount, and the corresponding TxID.
Deposit to an incorrect address that doesn’t belong to Binance
Unfortunately, Binance cannot provide further assistance on this front. You can try calling the other party where you deposited your funds for assistance.
- Simply open the app and tap ‘Log In/Register’.
- Enter the email address and the password you’re planning to use for the account, alongside the Referral ID if you have one. Check the box next to the Terms of Agreement and proceed.
- Complete the security verification puzzle.
- Binance will now send a verification email to your inbox. You’ll need to enter the verification code within 10 minutes. If you can’t find the code in your inbox, you can select ‘Send Code’ to receive a new email.
- First, log in to your Binance account. Look at the top-right menu and click on ‘Security’.
- Select and enable Google Authentication. The App will now redirect you to another page to start the process of enabling Google’s 2FA.
- Download and install the Google Authenticator App on your mobile device. Click on next after installing the App on your device.
- Open the mobile app and click the “+” symbol. You will be then asked to scan the QR Code using your device’s camera or manually enter the 16-digit key provided.
- Save the backup key and the 16-digit key in case you need to rebind your account later on. Then, you can now enable Google Authentication.
- Return to your Binance page and fill in your login password as well as the Google Authentication Code. You’ll also need to provide the SMS code if you have SMS enabled.
