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Binance Clone will permit the users to exchange cryptocurrency. Irrespective of any peer-to-peer cryptocurrency exchange platform, the workflow would be similar. Let’s now look into the quick steps of how the Binance Clone works.
Step 1
Users have to create their profiles by signing up for the platform and have to validate their account by accepting the terms & conditions. First-time users can set up two-factor authentication in order to secure their accounts.Step 2
Once done with the initial setup, they will be able to start the trading process only when they have crypto coins in their account. If they don’t have these, they have to buy the virtual currency by utilizing fiat currency.Step 3
Is everything set? Now, the users can exchange cryptocurrencies with other users. The cryptocurrency which they have bought will be stored in the wallet.Final Words
These steps mentioned above will describe how a cryptocurrency exchange platform like Binance will function as the users could know how to use it. The support of multiple currency support in the Binance Clone would make the platform more seamless to exchange various cryptocurrencies.
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