In order

Five steps most people take in their first few weeks

For each step, what to read first and the mistake that trips people up most often.

  1. Open and verify the account

    Sign up with an email or phone number, add the referral code on the form, then upload an ID and do the face check. Until that passes, the account can do very little.

    Read first
    Where it goes wrongThe referral code belongs in the sign-up form. Miss it, and the account has to sit dormant for 180 days before a new code can be bound.

  2. Your first USDT

    Most people start on P2P: you pay a merchant directly, Binance holds the coins in escrow, and releases them once the merchant confirms your payment.

    Read first
    Where it goes wrongChoosing the seller on price alone, and typing words like USDT or crypto into the bank payment reference.

  3. Buy bitcoin, place a first order

    Swap USDT for BTC on the spot market. Learn limit versus market orders, then see where the fee comes off.

    Read first
    Where it goes wrongUsing a market order on a thinly traded coin and filling well away from the price you saw.

  4. Lock the account down

    Authenticator app, anti-phishing code, device list, withdrawal allowlist. Set them up the day you open the account.

    Read first
    Where it goes wrongRelying on SMS codes alone, or reading a code out to someone who says they are support.

  5. Get money back out

    Sell on P2P for your local currency, or withdraw coins to your own wallet. For larger amounts, prepare your records and space it out.

    Read first
    Where it goes wrongMoving money on the moment it lands, which makes an ordinary sale look suspicious.

Recently updated

What changed this week

Every guide shows its published and updated dates at the top. The bigger revisions are listed here.

  1. Trading

    Binance Convert Explained: Is It Really Fee-Free, and When Is It Cheaper Than Spot?

    New guide: where the cost of Convert sits, how to compare it with spot, limit and recurring orders, where funds settle after 29 September, and turning dust into BNB.

  2. Deposit & Buy

    What Is Binance Wallet? How It Differs From Your Exchange Account, Backup and Recovery

    New guide: how it differs from your exchange account, backing up the three key-shares, what a forgotten recovery password costs you, and what to do after a bad approval.

  3. Deposit & Buy

    What Is a Blockchain Confirmation? Why Your Deposit Is Still Pending

    Now with a real Etherscan withdrawal read line by line, plus what to do about stuck Bitcoin you sent yourself.

  4. Safety & FAQ

    Lending Your Account or Buying Crypto for Someone Else: The Favor That Makes a Money Mule

    What the Justice Department's money mule page says, the crypto versions of the pitch, and the steps to take if you already said yes.

  5. Deposit & Buy

    Sent USDT to the Wrong Network? What You Can Still Recover

    Find the TxID, read the explorer, and work out which of three cases you are in before you contact anyone.

  6. Deposit & Buy

    How to Choose a P2P Merchant: The Numbers That Matter and the Red Flags

    Which numbers on a merchant's profile actually matter, and the red flags that should end a trade before you pay.

  7. Deposit & Buy

    The Real Cost of a Crypto Round Trip: Spreads, Network Fees, and Exchange-Rate Losses

    Where money leaks between your bank and your coins, and which of those costs you can actually shrink.

All articles →

Tools

Do the math before you trade

Everything runs in your browser. The numbers you type are not sent anywhere.

01Spot Fee CalculatorWhat one trade costs, with and without the BNB discount and a referral rebate.Open → 02Liquidation CalculatorEnter entry price, leverage, and direction to see where the position gets liquidated.Open → 03Price ConverterConvert between coins and USDT at Binance's live market price.Open → 04DCA Cost CalculatorHow much per round, how many rounds, and what your average cost comes to.Open → 05Position Size CalculatorWork back from your stop distance and the loss you can take to the size of the trade.Open →