Since the current cryptocurrency market is considered a good entry point for re-investment, many people are trying to make new entries. Among the platforms that continue to enjoy great popularity is the Binance exchange.
If you want to use Binance, the first step is registration.
The registration process is quite simple. You need to prepare your mobile phone and an identity document, such as a passport or ID card, to verify your identity in advance.
Entering basic information through the Binance registration link
If you register using the link below, a referral code will be automatically added.
The referral code is entered automatically. Although you can register without it, the fee discount is a very important part of using Binance, and there are other benefits as well. Therefore, it is highly recommended to use the link below to gain these benefits.
📌 Get a 20% discount on Binance fees
Moreover, existing users can also receive a 20% discount on fees if they meet the following five conditions.
The invited person already has a registered Binance account.
The invited person has never accepted any invitations before.
The invited person's account has not conducted any transactions or used Binance products in the last 180 days.
When the relevant person opens the link and logs in, a confirmation window appears.
The invited person must click [Now Binding] for the binding to take effect.
When you enter the link, a window appears as shown above. Choose the registration method: mobile phone or PC. For mobile phone, complete verification by number; for PC – email confirmation. In any case, registration is completed easily.
Completion of KYC verification on Binance
After completing the registration process, you will proceed to the KYC verification stage.
Only after completing this process will you be able to increase your trading limits and conduct transactions more conveniently.
If you are a high-volume trader, you need to undergo enhanced verification (KYC). However, for most users, basic verification (KYC) is sufficient, so at least that must be completed.
Completion of OTP verification
Strictly speaking, OTP verification is not mandatory for registration on Binance.
However, for greater security against hacking risks and to ensure smooth withdrawals, it is recommended to undergo OTP verification.
If you are performing this process on a PC, you can complete the OTP verification without prior preparation.
However, if you are doing this on a mobile phone, you need to go to the App Store or Play Store, find 'Google OTP' and download the app.
Next, enter the backup key you received, and during login, enter the password along with the email confirmation code and 6-digit OTP code. Then click the 'Bind' button to complete the Google OTP registration process.
Since Binance supports P2P services, depositing and withdrawing funds here is more convenient than on other exchanges. Additionally, Binance has many other advantages, which is why many people have been interested in how to register on Binance lately. That is why I wrote this post today.
I will return next time with more useful information about the Binance exchange. Thank you.