How to Signup on Binance: Step-by-Step Guide

Last updated: Oct 06, 2023
8 Min Read
Note from the editor :

Users located in the US and UK are not supported. For UK-based readers, we recommend checking out eToro. We have an eToro guide and sign-up link that offers a free 100k demo account. For US-based users, our eToro US sign-up link offers a free $10 crypto airdrop bonus!

Disclaimer: Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

AI Generated Summary
Summary
Summary
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Our Take:

Binance, the most widely used crypto exchange globally, provides exceptional security measures, a vast array of alternative cryptocurrencies, and a high-performance trading system. Binance serves as a comprehensive platform catering to the diverse needs of cryptocurrency enthusiasts.

Pros
Low fees
$1 billion Secure Asset Fund (SAFU)
A broad range of products and services
Fee-free trading for many crypto pairs
Multiple asset support, including NFTs
Multiple fiat currency options
Suitable for all levels of crypto enthusiasts
Cons
Has had some regulatory challenges
Lack of transparency regarding headquarters
Not available in the United States (Binance has a U.S-specific site)

If you're new to crypto, perhaps you chose Binance, the world's leading crypto asset exchange. Registering with a crypto exchange can feel daunting if you are unsure how to sign up for Binance. Don't worry. We are here to help.

Binance has 350+ cryptocurrencies (including Bitcoin), enabling you to trade or build your crypto holdings. After account verification, you can install Binance on your mobile by downloading the Binance app.

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Trade Bitcoin (BTC) With Zero Fees On Binance Desktop Or Mobile App: Image Source: Binance

Key features of Binance:

  • $1 billion SAFU to protect user funds
  • Two-factor authentication 
  • Binance Wallet or Trust Wallet
  • 1600 crypto trading pairs
  • Multiple "Earn" products 
  • Organisational Security
  • Proof of Reserves 
  • Real-Time Monitoring
  • 350+ cryptocurrencies
  • Secure Storage
  • Mobile App
  • Debit card

As you have found a guide on how to sign up on Binance, you may also want to check out our dedicated Binance Review, and find out why Binance has been labelled “The King of Exchanges” 👑 

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Before signing up, a quick note❗️ Coin Bureau readers can enjoy an exclusive 20% off trading fees for life and up to a $600 bonus for using our Binance Sign up Link!

We also have in-depth articles and guides covering various aspects of the Binance Exchange that you may find interesting:

What is Binance?

Binance is the world's largest cryptocurrency exchange by trading volume, averaging $38 billion in a 24-hour period. Binance has 140 million registered users, over 1,600 crypto trading pairs, 350+ cryptocurrencies and 24/7 customer support.

The crypto platform is popular with Bitcoin traders because it has multiple tools and services, including an NFT marketplace, yield farming, lending and NFTs. Binance also has BNB (Binance coin), its native token, which provides utility such as reduced trading fees on the platform, higher cashback on the Binance crypto card, and access to perks and benefits, as well as powers DApps on the Binance Chain.

Creating a Binance Account

You can register with Binance via the desktop or with the Binance app using a phone number, email address, or your Google account or Apple ID.

After registration, Binance will request your KYC ID details. This information is necessary for security and compliance and will help protect your Binance account. It also helps ensure Binance is compliant with global anti-money laundering and Know Your Customer (KYC) requirements. 

For most countries, verification requires a government-issued ID, such as a driver's licence or valid passport, along with proof of address via bank statement, government-issued documents or utility bill.

In the United States, using the Binance U.S. site, you may be required to submit your social security number (SSN) or voter's ID. 

If you want to check out Guy's Beginner Guide to Binance, you can find that below:

How to Create a Binance Account (Web)

Log on to your Internet browser and open the Binance website. If you are in the United States, visit the U.S.-specific site.

  • Click "Sign up with phone or email" on the home page or register with your Google account or Apple ID.
  • If prompted, select your country. Usually, Binance automatically defaults to your location.
  • After confirming, click "Create Personal Account" and enter your email address and a strong password. 
  • Choose whether to opt-in for Binance updates.
  • Binance sends you an email which contains a verification code. 
  • Copy the code, return to the browser's open page, and paste it into the "Email Verification Code" box.
  • Enter your mobile phone number and look for a verification SMS from Binance.
  • Enter the code and click "Submit."
  • At the bottom of the page, look for “Verify Now.”
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There Are Multiple Options for Signing Up For A Binance Account: Image Source: Binance

You have now opened a Binance account, and the next step is to complete the KYC phase.

Complete Binance KYC on the Mobile App

The verification process is simple, but ensure you complete all details correctly.

  • Complete the form provided with relevant information and click "Continue."
  • Enter your residential address and click "Continue."
  • Choose from the selection of ID options and "Continue."
  • Check that your documentation is easily readable before uploading.
  • If successful, Binance automatically takes you to the next stage.
  • Prepare for face verification. If possible, have a plain background and remove hats or glasses. 
  • Follow onscreen instructions that may request moving, smiling or removing headwear. 
  • If successful, Binance automatically verifies this stage.

How to Create a Binance Account on the Mobile App

The first step is to install the Binance app on your smartphone, which is available via Google Play or Apple Store.

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Register For An Account With The Binance App: Image Source: Apple Store

After downloading, open the app and sign in with your email or phone number. After that, follow the next steps: -

  • Select your country of residence.
  • Create a personal account.
  • Choose whether to opt-in for Binance updates.
  • If a security check screen appears, slide the lock into the correct place.
  • Open your email inbox for the verification code.
  • Copy the code and inside the app, paste it into the visible code field and click "Next".
  • The app may prompt you to enable biometric authentication.
  • Enter your mobile number and click "Next" (You may receive a verification SMS)

The next step is to complete the verification stage for your Binance account.

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Look For The Green Tick To Show Binance Has Verified Your Account: Image Source: Binance

Complete Binance KYC on the Mobile App

For all accounts, Binance requires you to complete the KYC phase. We advise taking your time to avoid the common mistakes some new users make.

  • On the app, click "Verify Now", complete the information fields with your home address, postcode, city and country, and click "Continue".
  • The next step requires that you upload identity documents. It's best to photograph your documents in daylight on a plain background. 
  • Before uploading, check that all ID numbers are easy to read and the camera hasn't cut away any part of the document. After that, upload and click “Continue.”
  • The app will then open on the facial recognition page. Remove any headwear like glasses or a hat, and ensure you are in a well-lit area with a plain background. Hold your mobile in portrait or ask someone to help you with this stage.
  • When you are ready, click on verification. Follow the instructions if the app asks you to smile, blink or move your head. 
  • If the face verification is successful, the app automatically notifies you.

After that, Binance will check everything is in order and verify your account. 

If you are interested in trading without the need for KYC, OKX and KuCoin are good options to consider as they are reputable exchanges that offer basic functions without the need for KYC, though both exchanges lack a fiat-to-bank account offramp. You can find out more about these exchanges in our dedicated OKX and KuCoin Reviews.

How Long Does Binance Verification Take?

If your KYC documents are approved, Binance may confirm verification in a few minutes. However, depending on your location and the validity of credentials, it could take a few days.

You can check the verification process by clicking your profile icon. Once verified, your status shows a green checkmark.

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How to Sign Up on Binance: Conclusion

Binance is a user-friendly crypto platform where you can buy, sell and trade crypto and earn rewards from staking crypto or other "Earn" services with this global company. The world's largest crypto exchange has the lowest fees in the crypto space and good customer support.

The exchange rules are simple to follow. There are multiple payment methods for crypto, including bank accounts and cards to buy virtual assets like crypto and NFTs. Transactions are low-cost, so you can buy, trade and sell crypto to build your portfolio.

We hope you now feel confident about registering with Binance to buy or trade tokens like Bitcoin and other cryptocurrencies from select markets. Be sure to check out our Binance Exchange Review if you want to learn more about the products, features, and functions of the platform and dive into our article on Binance Security if you want to learn more about the safety and security of Binance.

Frequently Asked Questions

How Much Money Do You Need To Start A Binance Account?

You can get started with Binance with as little as a $10.00 deposit.

How Do I Register And Verify A Binance Account?

You can register on the Binance website or mobile app. After that, complete your details and upload ID verification documents like a passport or driving licence.

Is Binance Free To Register?

Yes, it is free to register a new account with Binance. There are no ongoing monthly or annual fees to use the exchange, only trading fees.

Can I Use Binance In The US?

Binance has a US-specific site which covers most states. However, it is unavailable to Hawaii, Texas, New York, Idaho, Louisiana and Vermont (June 2023).

Can I Still Use Binance Without Verification?

No, Binance has a strict KYC/AML policy to comply with financial regulations and gain access to higher trading limits.

Is Binance Exchange Legit?

Binance has a $1 billion Secure Asset Fund for Users (SAFU), meaning that if hackers gained access to user funds, the SAFU would reimburse losses.

The platform is considered one of the safest and most secure exchanges. However, we always advise keeping digital assets in a secure crypto wallet.

What Is Binance Exchange?

Binance is the largest cryptocurrency exchange worldwide. You can buy, sell, trade cryptocurrencies, and access multiple products and services.

Is Binance Good For Beginners?

If you are brand new to Bitcoin and other cryptocurrencies, you could find Binance overwhelming. However, the platform has an education section that can help you learn how to navigate the platform.

Jan Barley

Jan is a direct response copywriter, SEO writer & case study specialist. She lives in the Cotswold's UK with two rescue dogs. Jan became interested in cryptocurrencies in 2016, starting with a small portfolio of coins.

Jan is fascinated by human behaviour & is qualified in Applied Neuroscience, Consumer Neuroscience & Neuromarketing, CBT, NLP & TA. Currently, she is studying Behavioural Economics & loving it."

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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