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Newbies Guide For Your Binance Exchange

Newbies Guide For Your Binance Exchange

Binance is one of the fastest growing cryptocurrency exchanges on the globe. This crypto marketplace is in the top 10 when you talk about coin support, trading volume and customer growth. It’s among the largest Bitcoin markets and it supports over a hundred altcoins, giving you a bigger trading option.

Although Coinbase (and its exchange GDAX) is the go-to place for people in the United State when it comes to cryptocurrencies it only offers support for a number of altcoins – Ethereum, Bitcoin Cash, and Litecoin.

If you are looking for an alternative or just want to trade more altcoins, you might consider having a look at Binance. And although Binance is based in China, it caters to people from the four corners of the earth.

Furthermore, Binance offers basic and advanced exchange interfaces. This makes it easy to use for beginners and the complex crypto tools are welcomed by professionals. And the Binance mobile app, which makes trading faster and easier, is available on Android and iOS platforms.

This article is divided into 3 major sections:

How to create an account on Binance
How to fund/withdraw from your Binance account
How to buy cryptocurrencies on Binance

It is free to create an account on Binance and you won’t be charged when you want to fund that account. However, withdrawal of funds may incur some fees which vary from coin to coin. Binance also charges an average of 0.1% on trades, which is low, especially when you consider how much other exchanges are charging. And things will be cheaper if you pay these fees with Binance’s coin, BNB.

How do you register on Binance?

Step 1: Go to https://www.binance.com and click on “Create Account” or “Register”. Make sure you spell the address correctly using the right characters. Also ensure that your connection is secure by using the “https” extension in your browser.

You’ll be directed to the registration page.

Step 2: Enter your details

Enter your email address. This address should be very secure. You can activate Google 2 factor authentication on your email address to improve its security.
Choose a case-sensitive password which must be longer than 8 characters and must also contain numbers and letters.
If you were referred toBinanceby someone, you can enter their referral ID and they’ll be rewarded because you registered.
Don’t for get to check the box to agree to the terms of use.
If everything looks good, click “Register”

You may be asked to complete a puzzle or some sort of capcha to prove that you’re human.

Once that has been done, a confirmation mail will be sent to you.

Step 3: Go to your email address and open the new mail from Binance

Click on “Verify email”. You’ll be redirected to Binance’s website with this message displayed:

Step 4: Access your account.

On clicking “login” from the previous page you’ll be directed to Binance’s login page.

Enter your details and log in.

You may be asked to complete a puzzle to verify that you’re human.

Once you’re in, you’ll be greeted with a list of “Safety Risk Notices” which are geared to keep you safe when using Binance. Check all the boxes and proceed to the next page.

Step 5: Set up 2 Factor Authentication.

Once you’re in, you’ll be prompted to activate 2FA.

2FA adds a layer of security to your account. It prevents hackers from accessing your account. With 2FA, a code will be sent to you only whenever you try to access your account. This effectively blocks out hackers as they won’t have access to that code.

You can choose to receive 2FA codes via SMS or you can opt for Google Authentication, just like we will be doing in this guide. If you go with the former, you’ll be prompted to enter a phone number and a code will be sent to that number whenever you access your account.

i. Download the Google Authenticator app to your phone.

Ensure the app you’re downloading is offered by “Google LLC “ and make sure the icon is the same with the one displayed in Binance’s prompt. Once the download is complete click on “Next Step”.

ii. On your phone, open the Google Authenticator app to add your Binance account

Select “scan a barcode”, allow the app to have access to your camera, and then scan the barcode provided by Binance.

If you’re experiencing difficulties scanning the code, you can manually enter the code displayed on Binance in the app.

Once that is done, a code will be displayed on your phone and your account will be added.

iii. Save your backup key

A key will be displayed with which you will recover your Google Authenticator in case your phone gets lost. Write down this key on a paper.

Click “Next Step”

iv. Enable Google Authentication

Enter this key, your login password and the current code displayed on the Google Authenticator. Then click on “Enable Google Authentication”.

Congratulations! Your account registration is complete!

Each newbie is automatically placed in level 1 where withdrawal per day is capped at 2 Bitcoins. You’ll have to submit a few verification documents to withdraw more than that.

To view your balance summary hover the cursor on your profile. For a comprehensive overview of your account balances, go to “Funds” and select “Balances” from the dropdown.

How to Deposit / Withdraw from your Binance Account

Part 1: How to Fund your Binance account

Note that Binance doesn’t deal with fiat (such as dollar, pounds, euros and so on). You can only credit your account with a cryptocurrency like Bitcoin and Ethereum. So, funding your account means sending cryptocurrencies to it.

Here’s how to fund your Binance account.

Step 1: From your account page, hover on “Funds” and click “Deposits” from the dropdown menu.

Step 2: From the dropdown menu, type in the keyword of the coin you want to deposit. This is the three-lettered code used to represent the cryptocurrency.

Once your coin of choice pops up, select it.

In this case we want to fund our account with Bitcoin, so we type “BTC”.

Note: Binance withdraws support for altcoins from time to time so their deposit at times could be suspended.

Once the coin is selected, an address will be generated for you to make the deposit.

Use the address displayed for the deposit. Copy and paste it in the wallet from which you are sending the coins. Then input the amount you want to deposit and click send. You can scan the QR code supplied by Binance too, if you want.

For example, if you are transferring the coins from Coinbase, paste the address in the “Recipient” box and select how much you want to send.

Then click “continue” and complete the remaining steps to finish the transaction.

Wait for some minutes for the transaction to be confirmed. As soon as it’s confirmed, it will be reflected in your account.

Part 2: How to withdraw from your Binance account

To make withdrawals, do the following:

Step 1: From the top menu click “Funds” and select “Withdrawals” from the dropdown.

Step 2: Select the coin you intend to withdraw just like you did when funding your account. Input the address you are withdrawing to and how much you want to withdraw. Then click submit.

Once Binance gets your withdrawal request, a confirmation link will be sent to your email address. Your withdrawal will be executed as soon as you click that confirmation link.

Note that you cannot withdraw fiat from Binance since it only deals with cryptocurrencies. A practice among crypto traders/investors is to send the coins to their Coinbase account and then change it into fiat from there. Most people use Ethereum for this process since using Bitcoin is more expensive and takes longer.

How to buy Cryptocurrencies on Binance

Here’s how to purchase cryptocurrencies on Binance.

Step 1: From the top menu, click on the “Exchange” tab and select “Basic”.

This displays a simple trading layout for crypto newbies. It supplies the b­­asic tools needed to purchase cryptocoins and also displays just about the right amount of information a newbie can easily assimilate without getting overwhelmed. The “Advanced” interface is for crypto experts.

Step 2: Select the trading pair you’re interested in.

Just like stock exchanges, Binance offers trading in pairs. Most coins are traded against BTC, ETH, BNB (Binance coin) and USDT (tether, a cryptocurrency worth roughly 1 dollar per unit). So you’re going to see something like XRP/BTC, XRP/ETH, IOTA/BTC, IOTA/ETH, IOTA/BNB and so on.

i. From the top right section of the page, click on the coin you wish to trade in pair

ii. Scroll down and select the altcoin you wish to exchange it with. Luckily, all coins are listed alphabetically so it shouldn’t take long before you find your coin.

iii. You can search for the coin you want to trade.

On clicking your desired trading pair, you’ll be taken to the appropriate page.

We’re interested in an ETH/BTC pair.

Step 3: Scroll down a bit to the section below the graph. Select the “Market” tab.

Type in how much coin you want to buy and hit the “Buy” button. Take note of the fee you’ll be charged for the trade.

You can also sell the coin from this page, as long as you’ve got some in your balance. The only thing you need is to find the pair.

Once you click “Buy” your account will be credited.

That’s it! You can now use Binance to trade cryptocoins.

Note: If you choose to Join Binance through the links provided I will earn a referral commission. This is not investing advice, only spend what you can afford to loose.

Share the wealth

Frank Gant

A Newbie’s Guide For Buying Solo Ads For Traffic To Your Internet Business

Powerful automated funnel systems that help to make extra income

for you to generate payments to your bank account. Please use the following information as a tool to help you build

a profitable online business of YOUR CHOICE.  If you want a lucrative multiple streams of income business Review option #1 and/or option #2

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Are you buying Solo Ads?

Read this before diving deep into this traffic getting method.

 

Solo Ads is my favorite method in getting traffic and there are few reasons for that.

I love Solo Ads because:

 

  • I can scale it.

 

  • I can get it fast.

 

  • I can make it consistent.

 

  • And the most important part for me is the leads.

 

When buying solo ads, you will always get more leads than you can expect from regular PPC campaign (especially if you are a newbie in the industry). This happens because a Solo Ad vendor has an established relationship with his list and basically what happens is this… the vendor tells his list “go and check this offer“, and they immediately go and check it out because they trust him completely. However, before you start jumping to different vendors and buying tons of clicks, there are a few rules that you need to follow in order to get good quality traffic and not lose your money.

 

Below are the rules that I personally follow each time I buy a solo ads.

 

 

  • Find a good Vendor.

 

This is not really hard to do. Search FaceBook for “solo ads testimonials“, join a few groups that you will find in the search results then start reading the testimonials about different vendors. Usually a testimonial will look like this

Seller: Solo vendor name

Clicks ordered: 500

Clicks received: 550

Opt-in: 65%

Tier 1: 95%

Sales: 6

Comment: blah, blah, blah…

 

When reading testimonials you need to focus on four main points.

 

  1. What is the percentage of clicks over delivery?

Everybody loves over delivery. Usually vendors give 10% over delivery to their customers.

 

  1. What is the Average opt in rate?

I will not buy solo from a vendor who gets testimonials with less than 30% opt in rates.

 

  • Tier 1 –

Make sure your vendor’s traffic comes from top tier countries… less than 85% tier 1 is not good for you. If you are selling something online, you want to sell it to people with credit cards and buying ability. For higher tier 1 you probably will pay more money, which means your CPC (cost per click) will be more expensive.

 

  1. Do you see “Sales” in the testimonials?

If the vendor has testimonial with sales, it means that he has buyers’ list.

 

So, as you can see from the examples above that you don’t have to be a genius to understand that if the four main points are reached then this is a good testimonial.

 

When reading testimonials, you will also have to look at the profile of people who post these testimonials to make sure that they are not fake profiles. This does not usually happen but I just want to inform you about the probability so you will be careful. All fake profiles have similar patterns so here are some ways you can spot them; you can check it by looking at;

 

  1. The date the profile created.
  2. The number or amount of friends.
  3. The number of personal photos.
  4. The number of posts on the timeline and common activity of the user.

 

You should open your notepad and write down the name of the vendor(s) that you think is good. Also, keep on looking for testimonials. If you see the same names over and over again and you see that same vendor gets good testimonials time after time, this is a sign that the vendor is very good and you can try him.

 

 

  • Contact the Vendor.

 

You can do it via Facebook, try to add him to your friends’ list. It’s always good to have friends, right? However, you will have to ask the vendor some very important questions.

 

Here are the questions you have to ask him and in this order too;

 

  • What niches does his list apply to?

You can’t promote MMO “money making online” niche products to the list full of people who want to lose a few pounds, makes sense? Good! A good vendor will segment his list to different niches and sub niches. So for example, there is MMO “make money online” niche, there is IM (internet marketing) there is Bizop (business opportunities). These 3 niches can apply to you if you are promoting any product that helps make money online, or educates people on how to make money, or even if you are promoting a kind of online tool (can be good for IM niche).

 

  • Does he have a website?

Usually they all have a websites, and inside the website you will find tons of testimonials, and also prices for different solo ad packages.

 

  • When can the vendor schedule X amount of clicks for you?

If the vendor says that he can deliver the clicks today, or immediately, this is not a good sign, it means that the vendor does not have orders for some reason. For good vendors you could wait for some time, even up to 1-2 weeks. However, if the vendor says 2-3 days to start the delivery then it will be pretty good.

 

  • How long it will take to deliver to you X amount of clicks?

As i said before, i want the traffic to flow fast so if I order 300 clicks i don’t want to wait a week before all the clicks I ordered are delivered. Usually you can get 300 clicks within 1-2 days.

 

  • Can he give kind of guarantee on options?

Some vendors will of guarantee options. In fact, I personally got refunds few times because vendors’ traffic didn’t convert to leads. (Of course you have to check that your funnel is set correctly)

 

  • Who provides the swipe?

You want to make sure that your message is matching the market. If the vendor tells you that he will not accept your swipes, keep on looking for other vendors. Sometimes, a vendor can say that he will take a look at your swipe and let you know if he will make some changes… to be honest, sometimes those changes are made for good. A vendor can take your swipe and:

  1. Recreate it in the way that it will look more professional

 

  1. Each vendor has his own manner of talking with his list, so he might change it a little bit so the swipe will match his manners and still match the message to the market.

 

Whatever you will decide to do with the swipe;

 

  • Ask vendor if you can opt in to his list.

There is no reason for the vendor to deny this request, but it will allow you to see the actual message that the vendor sends to his list. So, if vendor says that he accepts your swipe and then in fact sends his own swipe instead which is totally different message from yours, then you can kick his a$$.

 

  • Ask vendor if he will provide 3rd party tracking source for you.

So besides your own tracking tools you will be able to track the clicks he sends also from his tool.

 

Last few tips

 

  1. Always test the vendors with small amount of clicks before you scale.

 

  1. The best amount to test is to order 300 clicks at the beginning.

 

  1. Know your numbers, how much opt ins you got from the vendor? How many converted to sales?

 

  1. What are the prices? If some vendor provides you clicks under 0.35 cent per click, stay away from him, 0.35 is the lowest price for good vendors, but you can find different price range and it can be evened up to $2 per click.

 

  1. A good vendor will segment his list, so when you will receive leads, be sure that 95% of those people never saw this offer before.

 

  1. Don’t be afraid of bots. Tracking software can detect 99% of bot clicks.

 

  1. Always pay with your credit card, or if you have PayPal account, make sure your transactions are going through your credit card and not from PayPal balance. The reason for this is because if you have some issues with the vendor and you want to get refunds, it will be very difficult to do so via PayPal, but it will be much easier to contact your credit card company and ask them for help.

 

  1. Remember, a good vendor will never risk his reputation and send you fake clicks.

 

  1. Remember, that a good vendor will always refund you if you had some serious issue, just not to risk his reputation.

 

Last tip… don’t be scared of Solo Ads, this is the best traffic for beginners and pros.

And of course there is always risks that you take when you are buying solos, but always remember this great quote “nothing ventured, nothing gained”

 

DISCLAIMER: While I have had success with these vendors in the past and for other opportunities, this does not mean everyone will. Under no circumstances is there any guarantee that you will receive any response from the ads nor can you expect to get a refund if the results are not to your expectations. Advertise at your own risk. Generally we recommend starting small and scaling up as you see success.

Here are some vendor resources of choice;

Igor Kheifets

 

UDIMI.COM

trafficforme.com

 

Ninja Traffic

I hope it was helpful for YOU and especially if you are a beginner; I use this model to promote my online business.

 

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