As the current cryptocurrency market is considered a good entry point for reinvestments, many people are trying to enter again. Among the platforms that continue to be very popular is the Binance exchange.
If you want to use Binance, the very first step will be registration.
The registration process is quite simple. What you need to prepare in advance is a mobile phone and an identification document, such as an ID card or passport, to verify your identity.
Entering basic information through the Binance registration link
If you register through the link below, a referral/recommendation code will be included.
The referral code is entered automatically. While you can register without it, the commission discount is a very important part of using Binance, and there are also other benefits. Therefore, it is strongly recommended to use the link below to ensure you receive these benefits.
📌 Get 20% off Binance trading fees
Furthermore, 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 received an invitation before.
The invited person's account has not conducted any transactions and has not used products on Binance for the last 180 days.
If the invited person opens the link and logs in, a confirmation window appears.
The invited person must click [Now Binding] for the binding to take effect.
If you log in through the link, a similar window will be created. Choose the registration method via mobile phone or PC. For mobile - complete mobile verification; for PC - confirmation via email. In any case, registration is easy.
Completing KYC verification on Binance
After completing the registration process, you will move on to the KYC verification stage.
Only after completing this process will you be able to increase your trading limits and trade more conveniently.
If you are a trader with high trading volume, you will need to go through enhanced verification (KYC). However, for most users, basic (KYC) is sufficient, so at a minimum, you must go through it.
Completing OTP verification
Strictly speaking, OTP verification is not mandatory for registration on Binance.
However, to provide greater security against hacking risks and for smooth withdrawal of funds, it is recommended to complete OTP verification.
If you are performing this process on a PC, you can complete the OTP verification directly without prior preparation.
However, if you are doing this on a mobile phone, you need to log in to the App Store or Play Store, find 'Google OTP' and download it.
Please enter the backup key you received, and during login, enter the password along with the confirmation code sent to your email and the 6-digit OTP code. After that, click the binding button to complete the Google OTP registration process.
Since Binance exchange supports P2P services, depositing and withdrawing funds here is more convenient compared to other exchanges. Additionally, Binance has many other advantages, which is why many people have recently been interested in how to register on Binance. That's why I wrote this post today.
I will return next time with more useful information about the Binance exchange. Thank you.