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What's the Binance Exchange?
Binance is an extremely popular cryptocurrency exchange and commemorative. Its success is fueled by speed, low freights, and sheer number oftransactions.However, that means it’s easy to find buyers and merchandisers for the currency you ’re after- known as liquidity, If a lot of people are using a platform.
Binance is the top cryptocurrency exchange by traffic, liquidity, and trading volumes.
If you’re looking to buy cryptocurrencies, Binance is the quintessential exchange with over 380 coins.
This includes Bitcoin, Ethereum, Cardano, Binance Coin, and many others.
With a spot trading fee of 0.1%, Binance has one of the lowest trading fees in the industry.
Before you can buy cryptocurrencies on Binance, you need to create an account.
However, you need to be at least 18 years old to create an account.
During the registration process, you need to verify your identity.
This is also known as the KYC (Know Your Customer) process.
In this guide, you’ll learn how to create a Binance account and complete the KYC (Know Your Customer) process so that you can buy cryptocurrencies.
How to Create a Binance Account
To create a Binance account, you need to navigate to the registration page and verify your email.
Once you’ve verified your email, you need to complete the basic and intermediate verification.
Then, you’ll be able to buy cryptocurrencies on the exchange by selecting a payment method.
Different countries have different payment methods.
If you’re using EUR, you can either pay with your cash balance or with a card.
However, if you want to pay with your cash balance, you need to deposit a fiat currency first.
On the other hand, if you’re paying with a card, you need to enter your credit or debit card information.
Creating a Binance account requires you to verify your identity.
The process is known as the KYC (Know Your Customer) process.
The basic verification requires you to enter your information such as your birthday and address.
On the other hand, the intermediate verification requires you to upload your ID and a portrait photo of yourself.
Here is how to create a Binance account:
- Download the Binance app
- Navigate to the registration page
- Create a Binance account & verify your email
- Start the basic verification
- Complete the basic verification
- Start the intermediate verification
- Complete the intermediate verification
- Start buying crypto
1. Download the Binance app
Get started on Binance here:
https://accounts.binance.com/en/register?ref=CS44B8LE
Firstly, you need to download the Binance app.
You can also use the desktop version of Binance.
However, in this guide, we’ll use the Binance app instead.
To download the Binance app, you must first go to the App Store or Google Play Store.
Then, search for “Binance” using the search bar.
Once you’ve found the Binance app, tap on “Install” to install it.
2. Navigate to the registration page
After you’ve downloaded the Binance app, open it.
If you’re using the desktop version of Binance, use this referral link to register for an account:https://accounts.binance.com/en/register?ref=CS44B8LE
On the Binance app, you’ll see a “Sign Up / Log In” button.
Tap on the “Sign Up / Log In” button to go to the login page of Binance.
After you’ve tapped on the “Sign Up / Log In” button, you’ll land on the login page of Binance.
On the login page of Binance, you’ll see a “Register” link.
Tap on the “Register” link to create a Binance account.
3. Create a Binance account & verify your email
Use “CS44B8LE” as the referral ID.
After you’ve tapped on “Register”, you’ll land on the registration page of Binance.
On the registration page, you’ll see three fields.
This includes “Email”, “Password”, and “Referral ID”.
Firstly, enter your email address in the “Email” field.
Next, create a password by entering it in the “Password” field.
Then, tap on the “Referral ID” header to expand it.
Use “CS44B8LE” as the referral ID.
Lastly, tap on the arrow icon to proceed to the next step.
After you’ve tapped on the arrow icon, you’ll land on the “Verification” page.
In this step, you need to verify your email address.
A verification code will be sent to the email address that you’ve entered in the previous step.
The code will usually arrive in 5 minutes or less.
Check your email for the verification code and copy it.
Then, paste the verification code in the “Email verification code” field.
If you didn’t receive the code, make sure to check your junk or spam mail.
If you still can’t find it in your junk or spam mail, you can resend the code after 60 seconds.
Once you’ve pasted the verification code in the “Email verification code” field, tap on “Submit”.
4. Start the basic verification
If you’ve entered the right verification code, your email address will be successfully verified.
After you’ve verified your email address, you’ll land on the homepage of the Binance app.
On the homepage, you’ll see a “Verify Account” button.
Before you can buy cryptocurrencies on Binance, you need to verify your account.
Tap on “Verify Account” to start verifying your account.
After you’ve tapped on “Verify Account”, you’ll land on the “Personal Verification” page.
On the page, you’ll see a banner.
Make sure that the “Basic” banner is selected.
Next, tap on “Verify Now” to start the basic verification.
After you’ve tapped on “Verify Now”, you’ll land on the “Select Country of Residence” page.
Firstly, select your country of residence using the dropdown box.
Make sure that your country of residence mathces your ID.
Then, tap on “Continue” to proceed to the next step.
5. Complete the basic verification
After you’ve tapped on “Continue”, you’ll land on the “Identity Information” page.
On the page, you’ll need to provide your information.
Firstly, select your Nationality using the “Nationality” dropdown box.
Next, enter your first name, last name, and middle name.
Lastly, enter your date of birth in the “Date of Birth” field and tap on “Continue”.
After you’ve tapped on “Continue”, you’ll land on the “Additional Information” page.
On this page, you need to enter your residence.
Firstly, enter your street address in the “Street Address” field.
Next, enter your postal code in the “Postal Code” field.
Lastly, enter your city in the “City” field and tap on “Continue”.
After you’ve tapped on “Continue”, you’ll land on the “Verified” page.
This means that you’ve successfully completed the basic verification on Binance.
The next step is to start the intermediate verification process.
By completing the intermediate verification process, you can buy cryptocurrencies with a higher limit through P2P.
Tap on “Go Verify >” to start the intermediate verification process.
6. Start the intermediate verification
After you’ve tapped on “Go Verify >”, you’ll land on the “Personal Verification” page.
On the page, you’ll see a banner.
Make sure that the “Intermediate” banner is selected.
Next, tap on “Verify Now” to start the intermediate verification.
After you’ve tapped on “Verify Now”, you need to verify your identity using a valid government-issued document.
Select the “Government-Issued ID Card” option to use your ID to verify your identity.
Next, tap on “Continue” to proceed to upload your ID.
7. Complete the intermediate verification
If you’ve selected the “Government-Issued ID Card” option, you need to upload the front and back of your ID.
You can either take a front and back photo of your ID or use existing photos of it.
If you don’t have an existing front and back photo of your ID, you need to take a photo of them.
Firstly, tap on “Upload Front Page” and take a front photo of your ID.
Next, tap on “Upload Back Page” and take a back photo of your ID.
Lastly, tap on “Continue” to proceed to the next step.
Now that you’ve uploaded your ID, you’ll need to upload a portrait photo of yourself.
This is part of the intermediate verification process on Binance.
Firstly, tap on “Upload Portrait Photo” and upload a portrait photo of yourself.
If you don’t have an existing portrait photo of yourself, you can take one on the spot.
Once you’ve uploaded a portrait photo of yourself, tap on “Continue”.
After you’ve tapped on “Continue”, you’ll land on the “Advanced verification Verified” page.
This means that you’ve successfully completed the advanced verification process on Binance.
Now, you’ll be able to buy cryptocurrencies with a higher limit through P2P.
Tap on “Back to Homepage” to go to the homepage of Binance.
8. Start buying crypto
Now that you’ve completed the basic and intermediate verification process, you’ll be able to buy cryptocurrencies on Binance.
To do so, tap on the reverse icon on the bottom navigation bar.
Next, tap on “Buy” and select the cryptocurrency that you want to buy.
Then, choose the amount of money that you want to buy the cryptocurrency for and select the payment method that you want to use.
If you’re using the “Pay with Card” method, simply enter your card information to buy the cryptocurrency.
You’ve successfully learned how to create a Binance account on mobile/PC.
Conclusion
Creating a Binance account is quite a complicated process because you need to verify your identity.
When you’re creating an account, you have the option to skip verifying your identity.
However, you won’t be able to buy cryptocurrencies if you don’t verify your identity.
As mentioned in the guide, there are a couple of verification processes including the basic verification process and the intermediate verification process.
To buy cryptocurrencies, you need to complete the basic verification process.
To buy cryptocurrencies with a higher limit through P2P, you need to complete the intermediate verification process.
Hence, it’s highly recommended that you complete both verification processes so that you have fewer limitations on Binance.
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