Crypto Exchange 101: Centralized Exchanges.

By Diutocoinnews

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Welcome. We talked about Decentralized Exchanges in our Last Tutorial. Today we will be looking into Centralized Exchanges.

BINANCE

Binance is the top centralized exchange in the world with a trading volume of up to a $1.2b daily. The most user friendly and robust Centralized Exchange Platform. To start trading on Binance. You have to register on the exchange platform to start using Binance.

To Register, go over to the official site and proceed with the steps required.

Input your email, password and use 25301318 as your Referral ID?. Then agree with Binance Terms Of Use. After that you click register and proceed. You will be prompted to confirm your email. After confirming your email. You are good to go with Binance.

SECURING YOUR BINANCE ACCOUNT.

To secure your account, you have to enable google 2 factor authenticator app. Download App from Google Play Store. Once you are done downloading. Download the Binance Exchange Android App. After downloading, Login to your Binance account from your android mobile app. Go to accounts. Then you will see Security. Click security it will take you to a new page. From the new page you will see Change Password, Touch ID, Pattern, Google Authenticator and SMS Authenticator. Choose Google Authenticator and Proceed.

COINBASE PRO EXCHANGE:

One of the Largest Cryptocurrency Exchange . With a high daily trading volume of over $100m. Coinbase Pro is based in USA. A regulatory compliant Cryptocurrency exchange you can trade on with a peace of mind.

Proceed to Coinbase to download the wallet. Make sure to provide a good legal personal information and proceed to exchange and Register. That’s all for today.

Next Tutorials will be on Trading Proper! The requirements for trading! Stay Tuned! I know this is your most interesting part ?

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