# How to Setup Binance Account : The Step-by-Step Guide
Binance supports a large number of cryptocurrencies, and its ability to ensure fast exchange between fiat and volatile currencies makes it a popular choice for many cryptocurrency users.

So if that combination of crypto support and fast transaction times piques your interest, it's time to create your first Binance account. Read on for a how-to guide through the process of creating a Binance account on its mobile and web app, including tips to help make verifying your account easier.

## Requirements to create a Binance account
To complete the registration of your Binance account, you will need to complete the verification stage (KYC, an acronym for "know your customer"). The credentials required for KYC by Binance vary from region to region and depend on the account type.

**However, if you live in the US, any of the following documents will allow you to pass the Binance KYC:**

* A valid passport.
* Identification issued by the government.
* Driver's license.
* PAN card or your social security number.
* Your voter ID.

When you get to the ID verification stage, choose an ID option with a serial number instead of one that requires scanning. For example, IDs like a driver's license or passport usually require scanning, which sometimes makes verification slow. But number entry verification options like your SSN or BVN are faster as Binance automatically verifies the digits.

You can create a Binance account via the mobile app or web (on your desktop). Although the process is pretty much the same on both platforms, we'll be going through the steps for both.

## How to create a Binance account on the mobile app
There are several ways to create an account on Binance. You can do this through your email address, phone number, or Google account. And if you're using a Mac or iPhone, you can sign up using your Apple ID. The email address option is better as it is more inclusive.

To start registration on the mobile app, install Binance on your smartphone via the Play Store or App Store if you haven't already.

**Open the mobile app and follow these instructions:**

* Tap Sign up in the top left. Then select Sign up with phone or email.
* Next, select your country of residence from the Country/Area of Residence dropdown menu.
* Select Create personal account.
* Provide your email address and password and tap Next. Choose Yes or No at the bottom of the screen to receive updates from Binance or not.
* You may get a security check screen. Complete it by sliding the lock into place.
* Now check your email inbox for the Binance email verification code. Copy and paste it into the Email Verification Code field. Then press Next.

**If prompted, tap Enable to allow biometric authentication for Binance.**

* Next, provide your phone number and tap Next. Verify your phone number if prompted.
* Click Verify Now to begin the Binance KYC process.
* You will see the steps for KYC in the next subsection.

## Complete Binance KYC on the mobile app
The verification (KYC) phase is the most crucial stage in Binance registration. You cannot trade or exchange currencies on Binance without completing this phase.

In addition to facial recognition issues, people are being turned away for common mistakes, such as providing incorrect personal information during KYC. Be sure to fill in your credentials correctly where prompted.

**To complete the KYC phase after clicking Verify Now:**

* Fill in the Identity Information fields appropriately and tap Continue to continue.
* Please provide your residential address, zip code, and city name in the fields provided. Then tap Continue.
* Next is the document selection page. Touch Other Documents to view a list of other accepted documents. Select one of these and tap Continue.
* If the selected document type requires scanning, make sure your camera covers all angles. Then avoid a low light environment. Otherwise, enter the identification number in the given field. Press Continue.
* Once this phase is over, the app will take you to the facial recognition stage. Touch Begin Verification. The AI may ask you to tilt your head, blink, or smile at some points. Please follow these instructions carefully.
* Take off your hat or glasses and avoid using a camera filter at this point. Also, make sure there is sufficient lighting in the surrounding area and place your smartphone in an upright position. You could even ask someone to help you with the rear camera for a better result.

You will receive an automated success message on the next page if facial verification was successful. Close this page to go to your dashboard.

## How to create a Binance account on desktop
To create a Binance account on your computer.

* Open your browser and go to Binance. Then click Sign Up at the top right to get started.
* Select Sign up with phone or email.
* Binance should discover your country by default. Otherwise, select your country from the Country/Area of Residence dropdown menu. Click Confirm.
* Binance Country of Registration Confirmation Page
* Click Create personal account. Provide your email address and password in the fields indicated. Then tap Yes or No to receive updates from Binance or not (required). Then click Next.
* Binance Email Address and Password Entry Page
* Now check your email inbox for the Binance verification code. Copy the sent account activation code, then paste it into the Email Verification Code field.

### Binance Email Verification Page
* Next, provide your phone number in the field provided. Enter the verification code that was sent to you by SMS. Then click Submit.
* You will then see Verify Now at the bottom of the Account Created page. Clicking Verify Now takes you to the KYC phase.

**Complete Binance KYC in the web app on desktop
So after clicking Check Now, follow these steps:**

* Fill out the form provided with the appropriate information. Click Continue.
* Provide your address information and click Continue.
* You will then see several identification options. Select the one you prefer and press Continue.
* ID card option page
* Now provide the required identification information. Then click Continue to complete the ID verification. Binance will take you to the next stage if you are successful.
### ID-verification-stage-1
* Click Continue for facial verification. Similar to the mobile search, avoid wearing a hat or glasses. Also, avoid applying a camera filter at this stage and make sure the environment isn't boring.
* Binance Facial Recognition Phase
* Carefully follow the instructions on the screen for a higher success rate.
* Binance Facial Recognition AI Page
* Binance will automatically display a success page once you complete face verification.

### How long does Binance verification take?
Binance verification is usually done within minutes after KYC. However, it can take days for Binance to verify your account after KYC, depending on your region and the credentials you submit.

Once verified, you will see a green check mark with a Verified status when you tap on your profile icon at the top left of the Binance mobile app. You can even switch between Binance Lite and Binance Pro from here if you want.

### Protect your new Binance account
Binance, like any cryptocurrency or other trading app, needs protection to avoid losing your funds to hacking. Fortunately, Binance has implemented some measures like two-factor authentication to help protect your account against threat actors.

## Although Binance does not support other authenticator apps, it easily pairs with Google or Binance authenticator. You can install them from the iOS App Store or Android Play Store.

In addition to turning on 2FA, avoid linking your Binance wallet with any services you don't trust. Then, stick to the P2P exchange on the Binance app if you must use the service. Trading Binance could get you scammed.

## How to Open a Binance Account in 2023 (Get 45% Fee Discount) Binance Signup Guide
You can easily create your Binance account with 20%+25% discount on trading fee by following the steps below.

**Step 1:** **Go to the Binance registration pag**e
First click the link or button below to go to the Binance signup page: Sign up for Binance

**Step 2:** **Complete the Binance registration form**
Click the "Register with phone or email" button and fill out the registration form by entering your email/phone and password.

* Your password must be at least 8 characters with capital letters and numbers.
* After entering your email/phone and password, check the box to agree to Binance's terms of use and click the "create personal account" button.
* If you are a business, you can also open an entity account for your business on Binance.
* It would allow you to deposit/withdraw fiat through your business bank account and trade cryptocurrency on behalf of your business.

**Step 3:** **Verify your email address**
* Check your email address to get the confirmation code. After entering your verification code, your email address will be confirmed and you can start using your Binance account.
* After your Binance account has been successfully created, you need to set up 2FA (two-factor authentication) for your Binance account.

**Step 4 –** **Enable 2FA on your Binance account**
Click Google Verification to enable 2FA on your Binance account, or you can choose SMS authentication to receive 2FA codes for your account.
*
* Install the Google Authenticator app on your mobile device by downloading it from the App Store or Google Play. Scan the QR code with the app and it will be automatically added to your app when you scan the QR code.
* Back up your QR code and text version so you can recreate 2FA if you lose your mobile device.
* In the last step, you need to enable 2FA by entering your login password and 2FA code. After that, you are done and ready to use your Binance account.

**Step 5:** Enable the option to pay fees in BNB
To further reduce Binance fees, you can keep some Binance Coin (BNB) in your wallet and pay the fees in BNB.

* This way, you will receive an additional 25% fee discount and pay much lower trading fees on Binance.
* On your Binance dashboard, the option to use BNB to pay fees should be enabled as shown in the image below.
* This option is enabled by default on Binance. But, as this can change at any time, you should still check it and see if it is enabled.
* If you run out of BNB, you will no longer be able to enjoy the 25% discount on the fee. You must buy some BNB on the market to continue paying fees in BNB.

### Binance Identity Verification
After opening your Binance account, you will have a daily withdrawal limit of 2 BTC and you will not be able to deposit money on Binance.

* In order to increase your daily withdrawal limit to 100 BTC and deposit fiat coins into your Binance account, you need to verify your identity.
* Update: You now need to complete intermediate verification to make cryptocurrency deposits and start trading.
* To verify your identity on Binance, first click on the "identification" tab on Binance as shown in the image below.
* On the "basic information" page, you can verify your identity by clicking the "verify" button. You will need to provide your basic personal information, a photo of your ID, and a selfie.

After completing the identity verification, your daily crypto withdrawal limit will be 8 M BUSD and you will be able to deposit fiat currencies into your Binance account.

Address verification is not required. However, you may need to complete it as well to increase deposit limits for some fiat currencies.

## Binance Spot Trading Fees
**Binance spot trading fees are as follows:**

* Trade Volume 30d (BUSD) and/or BNB Balance Maker Taker
* < 1,000,000 BUSD or ≥ 0 BNB 0.10% 0.10%
* ≥ 1,000,000 BUSD and ≥ 25 BNB 0.09% 0.10%
* If you trade more than 1 million BUSD on the spot markets in the last 30 days and have ≥ 25 BNB, your commission rate for spot trading will be updated and you will enjoy lower commission rates.

If you have created your Binance account by following the steps in this tutorial, your trading fee rate will be 0.06%.

By creating a Binance account with a 20% discount on the fee and paying the fees in BNB, you can reduce the trading fee to 0.06% and pay much lower fees on Binance.