How to register and verify on the Binance exchange?

The Binance cryptocurrency exchange is the world leader in digital asset trading volume and staking.cryptocurrencies. In order to become a user of the site, it is enough to register a free account at https://binance.com.

How do I register on the Binance exchange?

To start the registration process on the exchange https://binance.com, you need to click the "Register" button in the top menu.

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In the next window, first of all, you need to choose a registration method - via e-mail or using a mobile number.

Next you need:

• indicate email (or mobile phone number);
• come up with a password (at least 8 characters, one capital letter and 1 number);
• enter your referral ID (if you register by invitation);
• check the box "I have read and agree to the Binance Terms of Service."

After filling in all the data, you must click the “Create account” button. To confirm that you are not a robot, solve the captcha in the form of a small puzzle.

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After that, a letter with an activation code will be sent to the specified e-mail, which must be entered in a special form in order to complete the registration of the account.

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Next, a welcome window will open, in which you can choose one of three options:

• Deposit cryptocurrency to start trading.
• Buy cryptocurrency using a credit card.
• Buy cryptocurrency using the Binance P2P exchange.

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Here you need to take into account that you can use the first option immediately after registering on the exchange. But the other two require additional verification.

Platform interface https://binance.com/ supports 41 languages. To select a language, you need to click the “English” button in the upper right corner, and in the window that appears, find the desired language (for example, “Russian”). In the same menu, you can select the appropriate fiat currency (rubles, hryvnia, dollars).

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Security

Before you fund your account on the exchange, it is important to take care of your account protection. To do this, move the cursor over the account icon from the main page and select "Security" in the drop-down menu.

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On the page that opens, you can select one or several options for increasing account protection:

1. Security key.This is a physical USB device designed to store passwords. The exchange recommends YubiKey. To use this method, you need to register separately with the appropriate service.
2. Google authenticator. A special application that is used to safely withdraw funds and improve protection.
3. Authorization via SMS. If you set this option, you will need to enter the code from SMS when logging into your account and withdrawing money.
4. E-mail address. Initially, the e-mail is set during registration, and through this menu it can be changed.
5. Manage addresses. Here you can save white withdrawal addresses and write down notes for each of them.
6. Anti-phishing code. Allows you to make sure that emails are coming from the Binance exchange and not from a phishing service.

The same page has functions for changing your password and monitoring suspicious account activity, as well as an option to disable it.

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How do I get verified on Binance?

After registration, you will be able to top up your account with cryptocurrency and trade on the exchange. But you will have very low fiat withdrawal limits. They can be increased if you pass verification.The limit on crypto withdrawal is quite acceptable even without verification &#8212; up to 2 BTC per day.

To start the verification process, you need to hover over the account icon in the top menu and select “Verification”.

There are three levels of verification available for personal accounts on the Binance exchange:

• Basic.
• Intermediate.
• Extended.

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Basic verification

To pass basic verification, you need:

1. Select the appropriate section on the identity confirmation page and click the “Confirm Now” button.
2. In the form that opens, indicate your citizenship, full name, date of birth, city, street, postal code and telephone number.

The entered information is saved automatically, and you immediately receive a new status.

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After passing the basic verification, you will be able to use your account with the following limits:

• fiat currency withdrawal – $300 for the entire time;
• cryptocurrency input - unlimited;
• cryptocurrency withdrawal – up to 2 BTC per day.

In addition, at this level you can use some additional services, for example, Binance Earn, Binance Pool, Binance DEX exchange and others.

Intermediate verification

If the above limits are not enough, you can increase them by going through “interim” verification.

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To do this, follow these steps:

1. Click the "Pass verification" button in the corresponding section;
2. In the form that opens, upload a photo of your identity document.
3. Upload a photo that clearly shows your face (selfie).
4. Complete face verification following the prompts. This is done using the camera on a PC or smartphone.

Now you need to wait for verification confirmation.

After passing the intermediate verification, your limits will be significantly increased:

• deposit and withdrawal of fiat funds – $50,000 per day, but not more than $500,000 per month;
• withdrawal of cryptocurrency - up to 100 BTC per day.

Additional services will also become available to you:

• use of leverage and derivatives;
• over-the-counter trade (OTC);
• participation in various competitions and sweepstakes;
• ordering a plastic card from the Binance exchange.

In addition, you will get the option of unlimited use of the Binance-P2P exchange. You can learn more about this service in the P2P trading guide.

Extended verification

There is also an “advanced” exchange on the Binance exchangeverification. To pass it, you need to additionally provide documents to confirm your address. After this, the limit on the use of fiat currency will be increased to $200,000 per day or up to $2 million per month.

Corporate verification

This type of verification is intended for corporate clients. It has two levels:

• Corporate (basic).
• Enterprise Advanced.

If you plan to manage your account on behalf of a company, you should study the guide on how to apply for a corporate account.

Conclusion

By all key metrics, Binance isthe largest cryptocurrency exchange in the world. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

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