Binance is a crypto-to-crypto exchange (users can only use it to trade cryptocurrencies) If you don’t already own some cryptocurrency, then you’ll need to buy some before you can start trading, you can buy it directly via credit card or use another services (Coinbase or Bitpanda for example). Then you can trade more than 200 cryptocurrencies, some also with 125x leverage. Binance has its own cryptocurrency called BinanceCoin (BNB) which can be used for reduce fees or staking.
How to open account:
- Register here, verify your mail (no KYC needed)
- Secure your account (SMS verification or Google authentificator)
- Send crypto (Funds->Deposit) to your account or buy it.
- Start trading.
- Order free Binance credit card with up to 7% cashback.