Binan Wallet BNB Usage Tutorial| Newbies can know at a glance

1. Understand first: What Binan Wallet and BNB are

? They are the place where digital currency is stored in Binan, which is equivalent to an exclusive wallet on the Internet. BNB is a commonly used currency in this wallet. Use it for transfers and handling fees.

Many newbies have just gotten BNB and don't know how to save or transfer it. They are afraid of transferring it incorrectly and losing it. This tutorial is step-by-step and is all practical. You can start it after reading it.

2. Step 1: Open the Binan Wallet, open the

Binan APP and log in to your account first when you are ready for the basics. Those who have not registered completeregistration and loginfirst, and those who already have an account can go directly to the homepage.

Find the "Wallet" button at the bottom of the APP and click on it to find the Binan Wallet homepage. You can see the assets of various currencies. This place is empty at first for beginners, but it will be displayed when you transfer to BNB later.

Key reminder: Back up your wallet (don't leave it out)

When you use your wallet for the first time, the system will let you back up your mnemonic words. To put it bluntly, it is a string of words, which is equivalent to the ultimate password of your wallet.

Be sure to take a pen and copy it on paper, don't save it on your mobile phone, don't take screenshots, don't send it to anyone. If you lose the mnemonic, you won't be able to find the coins in your wallet. After copying, check it according to the prompts to make sure there are no mistakes.

3. Step 2: How to collect BNB (others transfer money to you)

Collecting BNB is very simple, just like collecting red envelopes, you just need to give the other party your collection address.

1. Open Binan Wallet, find the currency BNB, and click on.

2. There is a [Collect] button on the page. Click it to see your BNB collection address and QR code.

3. Copy the address directly and send it to the person who wants to transfer money to you; you can also let the other party scan the QR code, which makes it easier.

4. Key: Choose the right chain! Be sure to choose BNB Smart Chain (BSC). Let the other party choose this chain when transferring coins. If you choose the wrong chain, the coins will not be recovered. Remember.

After the other party completes the transfer, wait a few minutes, and the account will be displayed in the wallet. There is a delay in the arrival. Just wait patiently and don't worry.

4. Step 3: How to transfer BNB (transfer money to others)

Transfer money is the most common mistake for novices. Follow it step by step and don't fill in the mistakes quickly.

1. Go to the BNB page of Binan Wallet and click the [Transfer] button.

2. Paste the other party's collection address and check it carefully. The address is a long string of characters. If you transfer it incorrectly, you will not be able to recover it.

3. Choose the transfer network or BNB Smart Chain (BSC), and make no mistake.

4. Enter the number of BNBs you want to transfer, fill in as many as you want, and keep the remaining BNBs to pay the handling fee. Don't transfer all of them.

5. Check the handling fee. The BNB transfer handling fee is very low and will be automatically deducted by the system without additional settings.

6. Make sure that all the information is correct, enter the payment password or complete the verification, click Confirm Transfer, and it is completed.

After transferring, you can check the progress in the transaction record of your wallet, and you can usually reach the other party's account within a few minutes.

5. Step 4: Daily usage of BNB wallet for novices& to avoid pitfalls

1. By checking assets and records

, you can see the balance of BNB on the wallet homepage. By clicking on the BNB page, you can see all collection and transfer records. Every transaction is clear and convenient for reconciliation.

2. Handling Fee Tips

Whether you transfer BNB or other currencies in your wallet, you must deduct a little BNB as a handling fee, so you must leave a little BNB in your wallet and don't transfer all of it, otherwise you won't be able to transfer money.

3. A must-avoid trap for novices

(1) mnemonic words must not be leaked. No screenshots, no sending to people, and no storing in the cloud. It is the safest to store them by hand.

(2) The transfer address must be checked repeatedly, preferring to be slower and not to fill in the wrong characters.

(3) Only BNB Smart Chain is recognized in the selection chain, and other chains are randomly selected to avoid losing coins.

(4) The password setting is more complicated, and dual verification is enabled to protect account security.

6. Summarize

that using BNB for Binan Wallet is the core of collecting money and transferring money. As long as you remember the three points of backing up mnemonic words, checking addresses, and selecting the right chain, novices will not make mistakes. The whole operation is not difficult, and you can master it with two more operations without being afraid of complexity.