All FAQs

Frequently asked questions about Binance trading

What Leverage Should Beginners Use for Futures Leverage recommendations for futures trading beginners, analyzing suitable scenarios and safe usage methods for different leverage levels from a risk management perspective.

Which Crypto Has the Most Potential to Buy Analytical approaches and methodology for cryptocurrency investment, teaching you how to independently evaluate a coin's potential rather than recommending specific coins.

How to Enable Two-Factor Authentication on Binance A comprehensive guide to setting up two-factor authentication (2FA) on Binance, including Google Authenticator, SMS verification, email verification, and more.

How to Unfreeze a Frozen Binance Account A detailed guide on common reasons for Binance account freezing, the unfreezing process, and preventive measures to help users restore normal account access.

What to Do If Your Binance Account Is Hacked Emergency guide: Steps to take after your Binance account is hacked, including freezing the account, contacting support, recovering the account, and preventive measures.

How to Join the Binance Affiliate Program A detailed guide to the Binance affiliate program, including participation requirements, commission rates, and promotion methods.

Can You Register on Binance Under 18 A detailed explanation of Binance's age restrictions, whether minors can use Binance, and related legal compliance issues.

How to Participate in Binance Airdrops An introduction to airdrop types and participation methods on the Binance platform, teaching you how to get free cryptocurrency.

Does Binance Support Alipay Explains whether Binance supports Alipay deposits, how to buy crypto on Binance P2P with Alipay, and important notes and risk warnings.

How to Install Binance on Android A detailed guide to downloading and installing the Binance APP on Android phones, including APK direct download, Google Play installation, and more.

How to Set Up Binance Anti-Phishing Code A detailed guide on the purpose, setup method, and usage tips for the Binance anti-phishing code, helping you identify real vs. fake Binance emails and prevent phishing attacks.

How to Create a Binance API Key A detailed guide on creating Binance API keys, including step-by-step instructions, permission settings, security configuration, and usage notes for quantitative trading and third-party tool integration.

How to Set Up Binance API Automated Trading A beginner's guide to Binance API automated trading, including API key creation, security configuration, common API endpoints, and simple trading strategy examples.

How to Fix Binance APP Crashes A comprehensive analysis of common causes and solutions for Binance APP crashes, covering platform-specific fixes for both iOS and Android.

How to Switch Binance APP to Chinese Detailed instructions for switching the Binance APP and web interface to Chinese, including steps for both Simplified and Traditional Chinese settings.

How to Update the Binance APP A detailed guide to updating the Binance APP on different platforms, including iOS App Store, Android APK, TestFlight, and other update methods.

Binance APP vs. Web Version: What's the Difference A comprehensive comparison of the Binance mobile APP and web version in terms of features, pros and cons, to help users choose the best option for their needs.

How to Set Up Binance Auto-Invest A step-by-step guide to setting up Binance's Auto-Invest feature for regularly buying BTC/ETH and other cryptocurrencies.

How to Set Up Biometric Login on Binance APP A detailed guide to setting up fingerprint and face recognition login on the Binance APP to enhance both account security and convenience.

How to Use Binance BNB Vault A guide to using Binance BNB Vault, staking BNB with one click to earn multiple rewards.

How to Read Binance Candlestick Charts A beginner's guide to Binance candlestick charts, teaching you how to read candlesticks, common patterns, and technical analysis fundamentals.

How to Change Your Binance Email A detailed guide to changing your Binance account email, including the normal change process, handling when you can't access the old email, and security recommendations.

How to Change Your Binance Password A detailed guide to changing your Binance password, covering both proactive password changes and forgotten password resets, along with tips for setting a secure password.

How to Change Your Binance Phone Number A detailed guide to changing your Binance bound phone number, covering both scenarios: when you have the old phone number and when you don't.

How to Use Binance Convert A guide to using the Binance Convert feature — swap cryptocurrencies with one click, zero fees, and instant settlement.

Binance Convert vs. P2P: Which Is More Cost-Effective A comparison of the pros and cons of Binance Convert and P2P trading to help users choose the most cost-effective method for different scenarios.

How to Use Binance Copy Trading A detailed guide to using Binance's copy trading feature, including how to select traders, configure copy trading parameters, and risk control tips.

How to Deposit CNY on Binance A detailed guide to depositing Chinese yuan on Binance, including P2P trading, credit card purchases, and other methods.

What Are Binance Deposit Fees A comprehensive overview of Binance deposit fees for various methods, helping users understand deposit costs and choose the most economical approach.

What to Do If Your Binance Deposit Hasn't Arrived Analysis of reasons and solutions when cryptocurrency deposits to Binance haven't arrived.

How Long Does a Binance Deposit Take A detailed explanation of deposit processing times on Binance for various methods, including P2P trading, on-chain transfers, and expected timeframes for different scenarios.

How to Download Binance Desktop Client A guide to downloading and installing the Binance desktop client for Windows and Mac, including features and usage tips.

How to Use Binance Dual Investment A comprehensive guide to Binance Dual Investment, including how it works, return calculations, and risk considerations.

How to Convert Small Balances to BNB on Binance Learn how to use Binance's small balance conversion (dust conversion) feature to convert tiny token balances into BNB with one click.

How to Use Binance Earn A comprehensive guide to Binance Earn products, including flexible savings, locked savings, dual investment, and step-by-step instructions.

Is Binance Earn Worth It A comprehensive analysis of Binance Earn product types, yields, risk levels, and how to choose the right product for your needs.

Should You Register on Binance with Email or Phone Number A comparative analysis of the pros and cons of registering on Binance with email versus phone number to help you choose the best option.

How to Export Binance Trade History A detailed guide on exporting trade history from Binance, including web and app instructions, for tax reporting and personal record-keeping.

How Binance Fees Work A comprehensive guide to Binance's fee structure, including spot trading, futures trading, deposits, withdrawals, and all fee types explained.

What to Do After Registering on Binance A complete guide for Binance beginners after registration, including security setup, KYC verification, first deposit, and first trade.

What Is Binance Futures ADL (Auto-Deleveraging) An explanation of the Binance futures ADL (Auto-Deleveraging) mechanism, its trigger conditions, and how to manage it.

Binance Futures Trading Beginner Guide A complete beginner's tutorial for Binance futures trading, from opening a futures account to placing and closing orders, suitable for absolute beginners.

Where Is the Binance Futures Calculator A guide to using Binance's built-in futures calculator to quickly calculate margin requirements, profit/loss, and liquidation prices.

How Much Are Binance Futures Fees A detailed breakdown of Binance futures trading fees, including USDⓈ-margined and coin-margined rates, VIP discounts, and ways to reduce fees.

One-Way Mode vs. Hedge Mode in Binance Futures A detailed explanation of the differences between One-Way Mode and Hedge Mode in Binance futures trading and their use cases.

How to Use Binance Gift Cards How to purchase, send, and redeem Binance Gift Cards — a new way to give cryptocurrency as a gift.

How to Set Up Google Authenticator on Binance A step-by-step guide to setting up Google Authenticator on Binance to enhance account security and protect your crypto assets.

How to Set Up Grid Trading on Binance A detailed guide to the principles, setup methods, parameter optimization tips, and ideal market conditions for Binance grid trading.

What Is the Binance Futures Insurance Fund An explanation of the Binance futures insurance fund mechanism and how it protects traders from socialized losses.

How to Download the Binance App on iPhone A complete guide to downloading and installing the Binance app on iPhone/iPad, including overseas Apple ID registration, App Store download, and TestFlight installation methods.

How to Use Binance Isolated Margin Trading A guide to Binance isolated margin trading, including activation requirements, operational workflow, and risk management tips.

How Long Does Binance KYC Verification Take A detailed breakdown of Binance KYC verification review times, wait times at each stage, and tips to speed up the process.

What to Do If Binance KYC Verification Is Rejected Analysis of common reasons for Binance KYC rejection and specific solutions to help users successfully pass identity verification.

How to Complete Binance KYC Verification A step-by-step guide to completing Binance KYC identity verification, including basic and advanced verification steps and important tips.

What You Need for Large Withdrawals on Binance A comprehensive guide to large withdrawal requirements, processes, and considerations on Binance, including identity verification, proof of funds, and security strategies.

How to Participate in Binance Launchpad A detailed guide to participating in Binance Launchpad token sales, including rules, tips for improving allocation, and historical project performance.

How to Mine New Tokens on Binance Launchpool A detailed guide to participating in Binance Launchpool, including how to stake, calculate returns, and important considerations.

What to Do If Your Binance Limit Order Won't Fill Analysis of common reasons why limit orders on Binance remain unfilled and how to resolve them.

What to Do After Getting Liquidated on Binance Futures How to respond after a futures liquidation, adjust your mindset, and prevent it from happening again — helping traders learn from liquidation and avoid repeating mistakes.

How to Check Binance Login History A detailed guide on viewing your Binance account login history and managing devices to detect suspicious logins and protect account security.

Binance Margin Trading Guide for Beginners A complete Binance margin trading tutorial covering cross margin, isolated margin, borrowing and repaying funds.

What Is the Maximum Leverage on Binance Futures A detailed guide to Binance futures leverage, including maximum leverage limits for different trading pairs, the relationship between leverage and position size, and usage tips.

What Is the Minimum Deposit on Binance Detailed information on minimum deposit amounts for various funding methods on Binance, helping beginners understand the entry threshold.

What Is the Minimum Trade Amount on Binance Spot Learn about Binance spot trading minimum trade amounts, minimum order quantities, and other limits to help small-budget users plan their investments.

How Many Accounts Can One Person Register on Binance Binance's multi-account policy explained — whether one person can register multiple accounts and the consequences of violations.

How to Buy and Sell NFTs on Binance NFT Marketplace A complete Binance NFT Marketplace tutorial covering browsing, buying, selling, and creating NFTs.

How to Use OCO Orders on Binance A detailed guide to Binance OCO (One-Cancels-the-Other) orders — set take-profit and stop-loss simultaneously.

Can You Use Binance on Mac A comprehensive guide to using Binance on Mac, including the desktop client, web version, and mobile simulator options.

What Order Types Does Binance Offer A detailed guide to all Binance order types, including limit orders, market orders, stop-loss orders, OCO orders, and more.

How to Buy USDT on Binance P2P A step-by-step guide to buying USDT on the Binance P2P platform, including merchant selection, payment, and important tips.

Can Your Bank Card Get Frozen from P2P Crypto Trading Analysis of bank card freezing risks in Binance P2P trading, including causes and preventive measures for safe fiat transactions.

How to Become a Binance P2P Verified Merchant Requirements, application process, and operational tips for becoming a Binance P2P verified merchant.

How to Sell Crypto on Binance P2P A detailed guide to selling crypto on Binance P2P, including listing, quick sell, payment setup, and safe trading practices.

Anti-Scam Tips for Binance P2P Trading Security tips and anti-fraud advice for Binance P2P trading to help avoid financial loss and bank card freezing.

How to Use Binance Pay A Binance Pay tutorial covering transfers, receiving payments, red packets, and other features.

What Is Binance Unified Account (Portfolio Margin) An introduction to Binance's Unified Account and Portfolio Margin mode, including features and activation requirements.

Binance Pro Mode vs Lite Mode: What's the Difference A detailed comparison of the Binance App's Pro and Lite mode interfaces, features, and target users to help you choose the right mode.

How to Set Up Auto-Invest on Binance Learn how to set up recurring crypto purchases on Binance to easily execute a dollar-cost averaging strategy.

How to Send and Claim Binance Red Packets A complete tutorial on Binance's crypto red packet feature, including creating, sending, and claiming red packets.

What Does a Binance Referral Code Do A detailed explanation of Binance referral codes (invitation codes), the commission mechanism, and how to get trading fee discounts.

What Is Binance Referral Commission A detailed explanation of Binance's referral commission mechanism, including commission rates, how to invite friends, earnings calculations, and withdrawal rules.

What Are the Requirements to Register on Binance A comprehensive guide to Binance registration requirements, including age, identity documents, network environment, and other prerequisites.

What's the Difference Between Binance Earn and Staking A comparison of Binance Earn (Savings) and on-chain Staking to help you choose the right way to earn passive income.

How to Earn Interest with Binance Simple Earn An introduction to Binance Simple Earn's flexible and locked products, teaching you how to earn interest on idle assets.

Differences Between Binance Spot Margin and Futures A comparison of Binance spot margin (Margin) and futures (Futures) trading to help you choose the right trading method.

Can You Short Sell on Binance Spot Explains the limitations of short selling in Binance spot trading and other methods to short cryptocurrency on Binance.

What Are Binance Spot Trading Fees A detailed breakdown of Binance spot trading fee rates, VIP tier discounts, BNB fee deductions, and more to help users understand and reduce trading costs.

How to Trade on Binance Spot A complete Binance spot trading guide from registration to placing orders, helping beginners get started quickly.

Should Beginners Trade Spot or Futures Helping beginners analyze the pros and cons of spot vs futures trading, with recommendations for different types of investors.

How to Set Up a Stop-Loss Order on Binance A detailed tutorial on setting stop-loss orders on Binance, including stop-limit and stop-market order steps and usage tips.

What Are Binance Sub-Accounts Used For A detailed guide to Binance sub-account features, including their purposes, activation requirements, usage methods, and applicable scenarios to help users efficiently manage a multi-account system.

Which Countries Does Binance Support A detailed list of countries and regions supported and not supported by Binance, along with usage restrictions for users in different regions.

How to Report Taxes on Binance Trades Learn how to use Binance's tax tools to export trading records, plus essential knowledge about cryptocurrency tax handling.

How to Use Binance Futures Testnet A guide to using Binance Futures Testnet for risk-free practice with futures trading.

How to Use Binance Trading Bots A guide to Binance's built-in automated trading bot features, including grid trading, DCA, and other strategy bots.

The Ultimate Guide to Saving on Binance Trading Fees A comprehensive collection of all methods to reduce Binance trading fees, helping you maximize savings on trading costs.

How to Transfer Funds Between Binance Accounts A detailed guide to transferring funds between different Binance accounts, including transfers among Spot, Futures, Funding, and Earn accounts.

What to Do If You Can't Receive Binance Verification Codes A comprehensive guide to troubleshooting email and SMS verification code issues during Binance registration, with solutions for each scenario.

What Are Binance VIP Benefits A comprehensive guide to Binance VIP exclusive benefits at each level, including fee discounts, dedicated services, event privileges, and more.

How to Upgrade Your Binance VIP Level A detailed guide to Binance's VIP tier system, upgrade requirements, fast-track tips, and the benefits at each level.

Do You Need a VPN to Use Binance Explains the network requirements for registering and using Binance, whether a VPN or other network tools are needed, and network recommendations for different usage scenarios.

Binance vs OKX: Which Has Lower Fees A comprehensive comparison of trading fees between Binance and OKX, covering spot, futures, withdrawal fees, and more.

How to Use the Binance Web3 Wallet A Binance Web3 Wallet tutorial for managing on-chain assets, participating in DeFi, and performing swaps directly within the Binance APP.

Does Binance Support WeChat Pay A detailed explanation of whether Binance supports WeChat Pay for deposits, and how to buy cryptocurrency through WeChat on Binance's P2P platform.

How to Set Up Binance Withdrawal Whitelist A detailed guide to setting up Binance's withdrawal address whitelist feature, including usage tips and security benefits to prevent funds from being sent to unknown addresses.

How to Withdraw from Binance to Alipay A step-by-step guide on how to withdraw cryptocurrency from Binance to Alipay through P2P trading, including detailed steps, precautions, and risk warnings.

How to Withdraw from Binance to a Bank Card A detailed guide on how to withdraw cryptocurrency from Binance to a bank card, including P2P selling, payment method setup, step-by-step instructions, and important precautions.

How Much Are Binance Withdrawal Fees A complete breakdown of Binance withdrawal fees, including crypto withdrawal fees, fee comparisons across different chains, P2P selling costs, and how to reduce withdrawal expenses.

What Are Binance Daily Withdrawal Limits A detailed breakdown of Binance withdrawal limits, including withdrawal quotas for different verification levels, P2P trading limits, and how to increase your limits.

What to Do If Binance Withdrawals Are Suspended Common reasons and solutions for Binance withdrawal suspensions or restrictions.

How Long Do Binance Withdrawals Take A detailed explanation of Binance withdrawal arrival times, including crypto withdrawals to wallets, P2P selling to bank cards, and factors affecting speed.

Can You Install Binance Without a Foreign Apple ID Alternative methods for installing and using Binance on iPhone without switching to a foreign Apple ID, including TestFlight, web version, and more.

How Much Can You Save Using BNB for Fee Deduction A detailed explanation of Binance's BNB fee deduction mechanism, discount rates, how to enable it, and savings calculations.

Can Mainland China Users Use Binance A detailed explanation of the current status, methods, and precautions for Mainland China users using Binance, helping domestic users use Binance safely.

Can You Make Money from Futures Trading An objective analysis of the profit potential of cryptocurrency futures trading, including statistics, success factors, and common reasons for failure.

Which Chain Is Cheapest for Depositing USDT A comparison of blockchain networks that support USDT deposits, helping you choose the most economical chain from the perspectives of fees, speed, and security.

Which Chain Is Cheapest for Withdrawals A comprehensive comparison of blockchain network fees, speed, and security when withdrawing from Binance, helping you find the most cost-effective withdrawal channel.

Cross Margin vs Isolated Margin: What's the Difference A detailed comparison of Cross Margin and Isolated Margin modes in Binance futures trading, including their pros, cons, and best use cases to help traders choose the right margin mode.

How to Navigate a Crypto Bear Market Investment strategy recommendations for cryptocurrency bear markets, including DCA, earning yield, risk management, and other practical approaches.

What Are the Risks of Cryptocurrency Investing A comprehensive analysis of the major risk types in cryptocurrency investing to help investors implement proper risk management.

Complete Glossary of Cryptocurrency Terms Essential cryptocurrency and blockchain terminology explained for beginners — quickly understand crypto jargon.

Types of Cryptocurrency Wallets A comprehensive guide to cryptocurrency wallet types, including exchange wallets, hot wallets, and cold wallets with their pros and cons.

How to Calculate Binance Futures Margin A detailed explanation of margin calculation in Binance futures trading, including initial margin, maintenance margin, and liquidation price calculations.

How to Set Take Profit and Stop Loss on Binance Futures A complete guide to setting take profit and stop loss on Binance futures, including step-by-step instructions, common strategies, and advanced techniques.

What's the Difference Between Binance Futures and Spot Trading A detailed comparison of Binance futures and spot trading, covering trading mechanics, risk-reward profiles, suitable user groups, and other key differences.

How to Recover Lost Google Authenticator Detailed guide on recovering or resetting Google Authenticator when lost, including restoring from a backup key, contacting Binance support, and more.

How to Protect Yourself from Cryptocurrency Scams A comprehensive guide to common cryptocurrency scam tactics and prevention tips to keep your digital assets safe.

How to Buy Bitcoin on Binance A complete step-by-step guide to buying Bitcoin on Binance, covering registration, funding, and placing orders — easy enough for beginners.

How to Buy Ethereum on Binance A complete step-by-step guide to buying Ethereum (ETH) on Binance, covering multiple purchase methods and important considerations.

How to Choose Cryptocurrencies as a Beginner A beginner's guide to selecting promising cryptocurrency investments from the vast number of available options.

How to Read Cryptocurrency Charts A beginner's guide to understanding cryptocurrency candlestick charts and market trends, including common technical indicators.

How to Register a Binance Account A detailed guide to registering a Binance account, including email registration, phone registration, and identity verification steps.

How to Short on Binance Futures A complete step-by-step guide to shorting on Binance futures, from opening a short position to closing it, including strategies and risk warnings.

Limit Order vs. Market Order on Binance A detailed comparison of limit orders and market orders on Binance, including their differences, use cases, and how to place them.

Do You Owe Binance Money After Liquidation A detailed explanation of Binance's liquidation mechanism in futures trading, whether it can result in debt, and how the insurance fund works.

Binance Maker vs. Taker Fee Explained An in-depth explanation of the Maker and Taker concepts in cryptocurrency trading, fee differences, and how to leverage this system to reduce trading costs.

Mark Price vs. Last Price Explained A detailed explanation of the difference between mark price and last price in Binance futures trading, how they're calculated, and their important impact on trading.

How to Reduce Binance Trading Fees A compilation of practical tips for reducing Binance trading fees, including BNB fee deduction, referral rebates, VIP upgrades, and more.

Risks of Sharing a Binance Account A comprehensive analysis of the risks of sharing a Binance account, including fund security, legal compliance, and account suspension, along with safe alternatives.

How to Transfer Crypto to Binance A step-by-step guide to transferring cryptocurrency from other exchanges or wallets to Binance, with important tips and precautions.

How to Convert USDT to CNY on Binance A detailed guide to converting USDT to Chinese Yuan on Binance, including P2P trading steps, precautions, and best practices.

What Is Blockchain — A Simple Explanation A plain-language explanation of blockchain technology's fundamental principles and real-world applications.

What Is BNB A comprehensive introduction to BNB (Binance Coin), its uses, value, and various benefits on the Binance platform.

What Is DeFi (Decentralized Finance) A plain-language explanation of DeFi (Decentralized Finance) and how to participate through Binance.

What Is the Funding Rate A detailed explanation of the funding rate in cryptocurrency perpetual contracts, including its concept, calculation method, mechanism, and key considerations for traders.

What Are Perpetual Futures Contracts A detailed explanation of cryptocurrency perpetual futures contracts, including their mechanics, funding rate system, and other essential knowledge to help you understand this important trading instrument.

What Are Stablecoins A detailed introduction to the concept of stablecoins, their types, and their important role in cryptocurrency trading.

What Is USDT A plain-language explanation of what USDT (Tether) is, its uses, differences between USDT on various blockchains, and security analysis.

Can You Recover a Deposit Sent to the Wrong Chain A detailed explanation of recovery methods, success rates, and prevention measures when you deposit to the wrong chain or address on Binance.

What to Do If You Entered the Wrong Withdrawal Address on Binance A detailed guide on what to do if you enter the wrong withdrawal address on Binance, including handling methods for different scenarios, how to contact support, and tips for preventing address errors.