Binance is the leading cryptocurrency exchange for traffic, liquidity, and trading volumes.
If you are looking to buy cryptocurrencies, Binance is the exchange par excellence with over 380 coins.
This includes Bitcoin, Ethereum, Cardano, Binance Coin and many more.
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 must 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 will learn how to create a Binance account and complete the KYC (Know Your Customer) process so you can buy cryptocurrencies.
Table of Contents:
How to create a Binance account
To create a Binance account, you need to log in to the registration page and verify your email.
After verifying your email, you need to complete basic and intermediate verification.
Then, you will be able to buy cryptocurrencies on the exchange by selecting a payment method.
Different countries have different payment methods.
If you are using EUR, you can pay with your balance in cash or with a card.
However, if you want to pay with your cash balance, you must first deposit a fiat currency.
On the other hand, if you are paying with a card, you need to enter your credit or debit card information.
Creating a Binance account requires verification of your identity.
The process is known as the KYC (Know Your Customer) process.
Basic verification requires you to enter your information such as date of birth and address.
On the other hand, intermediate verification requires you to upload your ID and a photo portrait of yourself.
1. Download the Binance app
First, you need to download the Binance app.
You can also use the desktop version of Binance.
However, in this guide, we will 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 find the Binance app, tap “Install” to install it.
2. Go to the registration page
After downloading the Binance app, open it.
If you’re using the desktop version of Binance, use this referral link to sign up for an account: https://www.binance.com/en/register?ref=73583477.
On the Binance app, you’ll see a “Sign Up/Sign In” button.
Tap on the “Sign Up/Sign In” button to go to binance’s login page.
After tapping on the “Sign Up/Sign In” button, you will land on Binance’s login page.
On binance’s login page, you’ll see a “Register” link.
Tap the “Register” link to create a Binance account.
3. Create a Binance account and verify your email
After tapping on “Register”, you will land on binance’s registration page.
On the registration page, you will see three fields.
This includes “Email”, “Password” and “Referral ID”.
First, enter your email address in the “Email” field.
Then, create a password by entering it in the “Password” field.
Then, tap on the “Reference ID” header to expand it.
Use “73583477” as the reference ID.
Finally, tap on the arrow icon to proceed to the next step.
After tapping on the arrow icon, you will land on the “Verify” page.
In this step, you need to verify your email address.
A verification code will be sent to the email address you entered in the previous step.
The code usually comes in 5 minutes or less.
Check your email for the verification code and copy it.
Next, paste the verification code into the “Email Verification Code” field.
If you haven’t received the code, be sure to check for junk mail or spam.
If you still can’t find it in junk mail or spam, you can resend the code after 60 seconds.
After pasting the verification code into the “Email verification code” field, tap “Send”.
4. Start basic verification
If you entered the correct verification code, your email address will be verified correctly.
After verifying your email address, you will land on the home page of the Binance app.
On the home page, you’ll see a “Verify Account” button.
Before you can buy cryptocurrencies on Binance, you need to verify your account.
Tap “Verify Account” to start verifying your account.
After tapping on “Verify Account”, you will land on the “Personal Verification” page.
On the page you will see a banner.
Make sure the “Basic” banner is selected.
Then, tap on “Verify Now” to start basic verification.
After tapping on “Verify Now”, you will land on the “Select Country of Residence” page.
First, select your country of residence using the drop-down box.
Make sure your country of residence contains your ID.
Then, tap on “Continue” to proceed to the next step.
5. Complete the basic verification
After tapping on “Continue”, you will land on the “Identity Information” page.
On the page, you will need to provide your information.
First, select your nationality using the “Nationality” drop-down box.
Then, enter your first name, last name and middle name.
Finally, enter your date of birth in the “Date of birth” field and tap on “Continue”.
After tapping on “Continue”, you will land on the “Additional Information” page.
On this page, you must enter your residence.
First, enter your address in the “Address” field.
Then, enter your zip code in the “Zip Code” field.
Finally, enter your city in the “City” field and tap “Continue”.
After tapping “Continue”, you will land on the “Verified” page.
This means that you have successfully completed basic verification on Binance.
The next step is to start the interim verification process.
By completing the intermediate verification process, you can buy cryptocurrencies with a higher limit via P2P.
Tap “Go to verify >” to start the intermediate verification process.
6. Start the mid-term verification
After tapping on “Go to verify >”, you will land on the “Personal Verification” page.
On the page you will see a banner.
Make sure the “Intermediate” banner is selected.
Then, tap on “Verify Now” to start the intermediate verification.
After tapping “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.
Then, tap “Continue” to proceed to upload your ID.
7. Complete the mid-term verification
If you have selected the “Government Issued ID Card” option, you need to upload the front and back of your ID.
You can take a photo front and back 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 it.
First, tap “Upload Front Page” and take a front-facing photo of your ID.
Then, tap “Load Back Page” and take a back photo of your ID.
Finally, 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.
First, 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.
After uploading a portrait photo of yourself, tap “Continue”.
After tapping on “Continue”, you will land on the “Advanced Verification Verified” page.
This means that you have successfully completed the advanced verification process on Binance.
Now you will be able to buy cryptocurrencies with a higher limit via P2P.
Tap “Back to Home Page” to go to the Binance homepage.
8. Start buying cryptocurrencies
Now that you have completed the basic and intermediate verification process, you will be able to buy cryptocurrencies on Binance.
To do this, tap on the reverse icon in the bottom navigation bar.
Then, tap on “Buy” and select the cryptocurrency you want to buy.
Then, choose the amount of money you want to buy the cryptocurrency for and select the payment method you want to use.
If you are using the “Pay by Card” method, simply enter your card details to purchase the cryptocurrency.
You have successfully learned how to create a Binance account on mobile devices/PC.
Conclusion
Creating a Binance account is a rather complicated process because you need to verify your identity.
When you create 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 via P2P, you must complete the intermediate verification process.
Therefore, it is highly recommended that you complete both verification processes so that you have fewer limitations on Binance.
