Step-by-Step Guide to Setting Up Accounts
Centralized Exchanges (CEXs):
- Binance:
- Sign Up: Go to Binance and click "Register."
- Verify Email: Enter your email and create a strong password.
- Complete KYC: Upload your ID and a selfie for verification.
- Enable 2FA: Set up Two-Factor Authentication (2FA) for extra security.
- Deposit Funds: Add funds via bank transfer, credit card, or crypto deposit.
- KuCoin:
- Sign Up: Go to KuCoin and click "Sign Up."
- Verify Email: Enter your email and create a strong password.
- Enable 2FA: Set up 2FA for extra security.
- Deposit Funds: Add funds via crypto deposit (no KYC required for small amounts).
- Bybit:
- Sign Up: Go to Bybit and click "Sign Up."
- Verify Email: Enter your email and create a strong password.
- Enable 2FA: Set up 2FA for extra security.
- Deposit Funds: Add funds via crypto deposit.
Decentralized Exchanges (DEXs):
- Uniswap:
- Set Up MetaMask: Download the MetaMask browser extension.
- Create Wallet: Follow the prompts to create a new wallet.
- Secure Wallet: Write down your seed phrase and store it safely.
- Connect to Uniswap: Go to Uniswap and click "Connect Wallet."
- PancakeSwap:
- Set Up MetaMask: Add Binance Smart Chain to MetaMask (follow online guides).
- Create Wallet: Follow the prompts to create a new wallet.
- Secure Wallet: Write down your seed phrase and store it safely.
- Connect to PancakeSwap: Go to PancakeSwap and click "Connect Wallet."
- Raydium:
- Set Up Phantom Wallet: Download the Phantom browser extension.
- Create Wallet: Follow the prompts to create a new wallet.
- Secure Wallet: Write down your seed phrase and store it safely.
- Connect to Raydium: Go to Raydium and click "Connect Wallet."
Best Practices for Account Security
- Use Strong Passwords: Create unique, complex passwords for each account.
- Enable 2FA: Use Google Authenticator or Authy for Two-Factor Authentication.
- Secure Your Seed Phrase: Never share your seed phrase and store it offline.
- Beware of Phishing: Always double-check URLs and avoid clicking on suspicious links.