To go to the trading page, click on the Binance logo on the upper-left side of the website. Since you have funded your Binance account, it’s time to buy your first Loom Network (LOOM). Start to trade Loom Network (LOOM) on Binance Way to go! You have funded Loom Network (LOOM) on your Binance account.ĥ. To check pending and all transactions, go to “History.” If your funds are transferred to the incorrect address, you could lose your money. Make sure you are copying the correct one as transactions can no longer be reverted. You will be given the wallet address which you can copy to continue depositing. Keep in mind that Binance does not support any fiat currency (USD, JPY, etc.) transactions.Ĭlick on “Funds” at the top-right area of the website. ![]() Now that you have added security measures on your Binance account, you are ready to deposit funds. Perfect! You have verified your Binance account. Click your selection and upload the photos requested.Īfter uploading the photos, you will get a confirmation message saying it is pending for approval. You are given three types of IDs to select from, namely, passport, identity card, and driver’s license. In this example, we will select “Personal.”įill out the form accurately and click on “Begin Verification” whenever you’re ready. ![]() You are given two options to select, depending on your type of account usage for Binance. Proceed to level two by clicking on its link instructing you to submit needed documents. This means, submitting necessary documents to validate your identity.īefore doing so, confirm the Security Risk Notice and click on “continue.” Perfect! You have secured your account with Binance through 2FA.Īfter securing 2FA on your Binance account, the next step is to get verified. Lastly, enter your Binance password as well as the Google Authentication code. Click on “Enable Google Authentication.” ![]() Save the key as instructed for you to recover Google Authentication in case of phone loss. Click on “Next Step.” Scan the QR code using Google Authenticator to get the numbers. To do this, click on the “Enable” button. The moment you logged in after signing up, you will be asked to activate 2FA. In this step, we will activate 2FA on your Binance account. You can also download the app through the link provided. The code can be received either through SMS on a user’s mobile phone or via applications like Google Authenticator or Authy.Ĭlick this if you want to know more about Authy. The form of 2FA that a user possesses for this instance is a token or code. In the case of exchanges what the user has are his/her login details such as the username and password. It would be harder for potential intruders to gain access and steal someone’s identity and personal data without that piece of information that only the account owner knows. The 2FA process helps lessen the number of identity theft cases as well as phishing via email. This process is to confirm a user’s claimed identity. Not only the username and password are required but also a piece of information that only a user possesses. Two-factor authentication, also known as 2FA, is an extra layer of security or added protection which we refer to as multi-factor authentication. ![]() Secure your Binance account by setting 2FA Good job! You have created an account with Binance.Ģ. You will then be redirected to the registration page showing that your account has been completely activated. You can click on either the “Verify Email” box or the link provided. Next, complete the puzzle by dragging the slider to the right.Īn email confirmation will then be sent to the email address that you’ve signed up for Binance.Ĭheck your Inbox and look for the message confirming your registration. Otherwise, confirm the agreement box, then click on the “Register” button to continue. Sign-up with your email address and create a password. To create an account on Binance, click on the button below and follow the instructions. There’s no KYC required for withdrawals below 2 BTC per day. The first thing you need to do in order to buy Loom Network (LOOM) on Binance is to create an account. Secure your Binance account by setting 2-FA.This platform started to gain an excellent reputation in the blockchain community due to its multiple-coin offerings.įollow these steps for you to start trading on Binance. Step by step overview on how to buy Loom Network (LOOM) on Binanceīinance is a cryptocurrency exchange focusing on crypto-to-crypto trading.
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