How do I buy and hold cryptocurrency on Binance?

To buy and hold cryptocurrency on Binance, one must first register an account on the Binance platform, providing the necessary identity verification documents as required. Once the account is set up and secured with two-factor authentication, funds can be deposited onto the exchange either through a bank transfer, credit/debit card, or other payment methods available on Binance. After the fiat currency successfully reflects in one's Binance wallet, the next step involves navigating to the spot market where one can buy the desired cryptocurrency at the current market rate or set a limit order at an anticipated price. Following the purchase, the acquired cryptocurrency will appear in the Binance spot wallet. To hold the cryptocurrency, it is recommended that one transfers these assets to a personal wallet for safety – either a software wallet for ease of access or a hardware wallet for enhanced security.