The Ethereum wallet on the exchange becomes available after completing the account registration procedure on the selected online platform. Now there are dozens of exchanges on the Internet that offer cryptocurrency storage services, as well as convenient tools for transactions with it. Consider, for example, how to create and use an ethereum wallet on the Binance exchange.

Registration on the exchange

Before using the ether wallet, you need to create your own account on the exchange. The interface of most exchanges, including Binance, is Russified and intuitive. Therefore, there should not be any particular difficulties, but there are nuances.

The algorithm is the following:

  1. Click the register button and in the window that opens, enter your email address, as well as a valid mobile phone number.
  2. Come up with and enter a password that must be more than 8 characters, as well as at least one capital letter and one number.
  3. Agree with the terms of use of the service by confirming this fact with a tick in the box.

The next step is to create an account. To avoid automatic registrations, the site administration requires you to solve the captcha.

You can use your account only after it has been activated. To do this, you will need a registration code that comes to the specified email address or mobile phone. Then a window opens in which the user is offered several options:

  • firstly, deposit cryptocurrency to the balance from another wallet;
  • secondly, replenish the account in cryptocurrency by making a payment from a plastic card;
  • thirdly, purchase cryptocurrency on the Binance P2P platform.

After registration, it is recommended to go to the security section and strengthen account protection. To do this, you can use a physical security key, a Google ID, as well as confirmation by SMS.

Operation with ether

 

If the user is familiar with the interface of the online platform, he can use the ether wallet on the exchange without additional instructions. In the case of Binance, you need to get a wallet address to fund your account.

To do this, you need to log in to the site and go to the “Tools” section. Then you need to go to the “Deposits” menu and find the ether. For a convenient search, just enter the name Ethereum in the box. The wallet address will appear, which can be copied to the clipboard for sending to another user or entering in the exchange service window.

Using an ethereum wallet on the exchange is convenient and safe enough. This is a great option for those who are going to constantly receive and send coins, exchange one crypto for another, and make investments in cryptocurrency.