Can someone explain the operational process behind the functionality of a Binance clone?
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Yeah sure I will try to explain in simple terms,
Account Registration:
To begin, users need to sign up by entering their personal contact information.
Confirmation Process:
Once all details are submitted, users receive a confirmation email. Upon confirmation, their account becomes immediately active.
Account Security:
Upon logging in, users are required to secure their account by submitting KYC (Know Your Customer) details and activating two-factor authentication.Crypto Asset Deposits:
Users can deposit either fiat currency or cryptocurrency into their accounts. There's a wide range of choices, with nearly 600+ cryptocurrencies available for deposit.Initiating Trades:
After a successful deposit, users can commence trading with their deposited assets.This process mirrors the basic functionality of the simple Binance clone script, allowing users to register, secure their accounts, deposit funds, and engage in trading activities with ease.