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How to deposit and hold cryptocurrencies on Binance?

avatarJustMeShortieDec 16, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to deposit and hold cryptocurrencies on Binance? I'm new to the platform and would like to understand the process.

How to deposit and hold cryptocurrencies on Binance?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide on how to deposit and hold cryptocurrencies on Binance: 1. Log in to your Binance account or create a new account if you don't have one. 2. Go to the 'Wallet' section and click on 'Deposit'. 3. Choose the cryptocurrency you want to deposit from the list. 4. Copy the deposit address or scan the QR code provided. 5. Transfer your cryptocurrency from your external wallet or exchange to the deposit address on Binance. 6. Wait for the transaction to be confirmed on the blockchain. 7. Once the deposit is confirmed, you can hold the cryptocurrency in your Binance wallet or start trading on the exchange. I hope this helps! Let me know if you have any other questions.