Binance FAQ WrapUp

We had a good run of 10 dedicated FAQ articles about Binance. We look at them one more time and show you the highlights.

Not only that, but we grouped them together and found some interesting themes. So, let’s have a look at the Binance FAQ recap.

Binance

It may come as no surprise, that most FAQs relate to Binance itself, as a CEX. So, questions in a broader perspective. In FAQ 1, 2, 6, 7, 9, and 10 this was the case. This varied from legal issues in FAQ 1 to KYC in FAQ 1 and 3 to revealing more about the CEO in FAQ 2. Furthermore, in Binance FAQ 2 we also explain how you can have 2 Binance accounts. We also looked at how they make money and how they got started in Binance FAQ 7.

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Binance.US

Another popular topic was questions about Binance.US. In FAQ 2, 3, 4, and 6 we talked about Binance.US. Useful information for our US readers.

Here we elaborated on who Binance.US is and why Binance got banned in Binance FAQ 2. In FAQ 3 we answered if Binance.US is legal. Binance FAQ 4 explained how Binance.US works. And in Binance FAQ 6 we explored where you can’t use Binance.US yet. You can also read up on our article where we compare Binance and Binance.US.

Binance Earn

Binance Earn also got our attention, and this is well deserved. The Binance Earn pages offer you many earning options. They were all discussed in Binance FAQ 4. We discuss staking, Futures, and how you can trade. 

But, before you can trade at all, you will need to deposit some money into Binance. In Binance FAQ 1 we talk about how to do this. PayPal also plays a role in this. We explain this in FAQ 3 and Binance FAQ 10.

Binance FAQ

Source: Binance earn 

KYC and Safety

KYC and safety go hand in hand for a CEX. Local laws require them to complete KYC procedures. This was already discussed in FAQ 1. However, in Binance FAQ 3 we go a bit deeper into using Binance without a verification process. In the same FAQ 3 we also discuss the safety record of Binance. At the same time, we look at some of their safety features. We also answer the question if you can use a VPN when visiting Binance.

Binance Compared to Other Exchanges

In Binance FAQ 8 we look at some other exchanges and compare them to Binance. We check Binance against Crypto.com, KuCoin, and Robinhood. Some other CEXs can also have some excellent features. However, none can tip their hat at the complete package that Binance offers.

Popular Coins on Binance and Wallets

Bitcoin (BTC), Tether (USDT), and Binance coin (BNB) are popular coins on Binance. Of course, we discuss them and their relationship with Binance. In Binance FAQ 9 we discuss BNB and which coin to buy. We also have a look at the BNB chain and the mobile app.

When you look into Binance FAQ 5, you find information about the Trust Wallet and the LUNA token. In FAQ 10 we discussed the different coins Binance uses, BEP2 tokens and BEP-20 tokens. Here you find information which coin to use when and where.

Conclusion

We hope you enjoyed our Binance FAQs series. We answered 50 popular questions about Binance and Binance.US. This covered a variety of topics, from when Binance started to KYC, safety, and popular coins.

We encourage you to visit our FAQ articles and look up the information we shared with you.

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Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

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