Binance Wallet | BNB Wallet | Binance Chain
Binance Wallet - An overview of how to use this wallet
Professional Investors as well as potential investors are constantly looking for good wallet reviews. And if you are a new investor then it implies that you are all set to begin your trading journey in the crypto world. Or if you are professional then you are just looking for an alternate Wallet to use for exploring between various available platforms. Well whatever the case is, we are here to tell you what are the perks of using Binance Wallet, how to connect Binance US Wallet and much more.
Key features of Binance Wallet
Given below is the list of benefits of Binance Wallet. These lists of benefits will help you in making an assessment of whether this wallet should be used or not. So without wasting any more time let us begin with its features:
The platform is designed in such a way that it seems very convenient for the users to use.
A secure platform is what every user needs. And this Wallet fulfills all the security conditions that a user needs.
The next thing an investor or trader looks for is supported cryptocurrencies. Then Binance Wallet does not disappoint you in that department either. It has a large variety of supported cryptocurrencies that an investor will need. The full list of those supported currencies can be seen on its official webpage.
But if in case there are any Binance Wallet issues then you can contact the support services.
Account Set Up
If you have decided to start using Binance Wallet then you should know how you can create your account, and for this, the Binance Wallet extension should be pre-installed on your PC. Given below is the guide to the steps that have to be processed:
Click open the website https://www.Binance.com/en
To create a new account, press the Binance sign up button.
A text box will appear and there you will have to enter your email address.
Enter the verification code that has been sent to your email account.
Now, in the next step, set the passcode for your account.
After creating the passcode your account will be made.
A new window will be opened now and will ask you to verify your account by providing them with the documents that are issued by the government verifying your identity.
Binance Wallet login steps
The next procedure explained in the article is its login steps. Follow our steps to get started with the process:
Open the link https://www.binance.com/en/wallet-direct
Press the login button.
It will ask you to enter the login credentials that you created when you were setting up your account.
Entering details will not be required if you have saved your password to Google Accounts.
Thus just by following these steps, you will be ready to use your account.
BNB Staking Process
In our further section, it is important for the users to know how they can stake BNB. So we will tell you how to do so:
Visit the website.
Press buy BNB.
A list of options will be displayed select the most suitable to you.
Every option will ask you to perform a different set of instructions to do, or you can also watch the tutorial videos given that will guide you throughout the process of how to stake. And if you want to connect on BNB Trust Wallet then the steps to do so are also given under the support section of the Binance Wallet in one of the blogs published for support.
Summing it up
In this article on Binance Wallet, we tried to cover all the important topics that the users needed to know. Even the mobile application is available on Binance. You can download Binance app from Play Store (for Android users) or App Store (for iPhone users) as per your device. We hope that this article helped you by providing all the required details that a user should be aware of. If you face some issues such as the Binance wallet address not showing, then you can also avail of its customer care services.
FAQs
Can I link my Binance wallet to my bank account?
Yes, connecting the bank account with your Binance chain wallet mobile is possible. When creating the account, it will automatically ask you the question to link your account. And you can also do it after logging in to Binance Wallet. But keep in mind that you have enabled the security system for your account for securing the details.
How do I convert my Binance wallet to cash?
You can transfer your currencies to your bank account to convert them to fiat currencies. To do so, you must log in to your account and then tap on the button ‘Fiat and Spot’. On the page, you will see the options like Deposit, Withdrawal, etc.
Does Binance accept PayPal?
Binance does not accept deposits made via PayPal. At first, it was accepted but now after some complications were faced by the users, Binance removed this function. As per Binance, it was removed because of some compliance-related issues. But you can always use any other mode of payment that are being available for the user to make any payments etc.
How do I open a Binance account or wallet?
To open a new account on Binance, just visit the official website. Then look for the signup option. After clicking it, a new tab will be opened with a form. Fill out the form correctly. After following all the instructions on the screen, your new account will be created.
Is there a fee when buying and selling on Binance?
Yes, there are some charges for buying and selling on Binance. But there are no transaction fees. The detailed structure of fees is given on the official website of Binance. Though it can be said that the average rate charged by Binance Wallet is much lower than the prevailing price in the market.