LESSON 8: Binance exchange: create an account and get verified

In this lesson, you’ll find out:

  • What is a crypto exchange and what are their types;
  • Why Binance and who is CZ;
  • How to create an account and get verified on Binance;
  • How you can earn on Binance, besides trading.

Complete the assignments:

  1. Register on CryptoRobotics automated crypto trading platform.

  2. Enter ACADEMY_PRO promo code for free activation of 1 month of Expert PRO premium plan. Find a step-by-step manual here.

  3. Register a Binance account at the link (if you don’t have one yet).

  4. Undergo a KYC verification (again, if you haven’t completed before).
    — If you forget any of the registration steps, you can refer to the PDF presentation of the lesson.

  5. Create a Binance subaccount directly in CryptoRobotics following this manual.

Supplementary materials:

↓ Download a PDF presentation

Text of the Lesson

let’s check your knowledge

1. Buying a digital coin on one platform and selling it on another in order to make a profit due to the difference in the exchange rate is:

  • Arbitrage
  • Exchange
  • Order book

2. On a decentralized exchange, money is stored in a wallet of:

  • Exchange
  • User
  • Broker

3. Commission is a payment for services for the opportunity to buy / sell crypto. What services do we pay for?

  • User services
  • Seller services
  • Exchange services

4. Identity confirmation on the exchange is:

  • Authentication
  • Verification
  • Denomination

5. To register an account directly on the Binance exchange, I need to confirm:

  • My Telegram account
  • Phone number
  • My Coinmarketcap account