As an experienced crypto expert, I work with various crypto exchanges every day, trading BTC, USDT, Ethereum and other assets in spot and futures. One of the main platforms for me has always been and remains Binance - one of the largest and most reliable crypto exchanges in the world. It is ideal for both beginners and professional traders, as it combines a simple interface with powerful functionality. In this article, I will tell you in detail how to register an account, go through verification and start using all the features of the exchange. If you are just starting to get acquainted with the exchange and do not have an account yet, I recommend that you first read the step-by-step instructions on how to start with Binance from scratch to avoid common mistakes at the start.
You can also learn more about the complete guide to copy trading for passive income.
Registering on Binance: First Steps
To get started, click on the affiliate link (in the description under the video or on the website). This gives you not only direct access to registration, but also all the bonuses that the exchange provides to new users.
Procedure:
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Enter your email or phone number , whichever is more convenient.
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We agree to the terms of use of the exchange and click "Next".
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We pass the captcha to confirm that we are not a robot.
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Enter the confirmation code that will be sent to your email or phone number, and create a strong password for your account. The password must contain letters, numbers, and symbols to ensure security.
If you are just starting to get acquainted with the exchange and do not yet have an account,
I recommend that you first read the step-by-step instructions
on how to start with Binance from scratch to avoid typical mistakes at the start.
Congratulations! Your account has been created. But to fully access all features, you must be verified .
Account verification: what you need to know
Verification is a standard procedure on most crypto exchanges, which allows you to safely work with cryptocurrency, withdraw funds, and use P2P.
Verification steps:
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Select the country (usually it is determined automatically).
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Choose a document: passport, international passport or driver's license. I recommend choosing the document that is most convenient to have on hand.
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Upload a photo document: either directly from your computer or via a mobile app. Personally, I always use the mobile app because it's fast and convenient.
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We confirm your identity using a facial scan - the procedure takes just a few seconds.
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We check the data: last name, first name, patronymic, date of birth, residential address and postal code. Most of the fields are automatically filled in after scanning the document, all that remains is to check their accuracy.
Verification usually takes no more than 10 minutes if the photo and information are correct. After that, your account is fully ready to use.
Binance Functionality: How to Start Trading
After successful registration and verification, a huge range of opportunities opens up:
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Buying cryptocurrency:
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Choose the currency for payment and the coin for purchase (BTC, USDT, ETH, etc.).
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Click "Purchase" and follow the instructions.
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It is most profitable to use a P2P market , where transactions take place between real people, and security is guaranteed by the exchange itself.
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Replenishment of balance via deposit:
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Transfer from another person or from an exchanger.
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Selecting the coin and network for the transaction (most often USDT on the TRC20 network).
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Important: The sender must use the same network , otherwise the funds may be lost.
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The wallet address can be copied and sent to the sender.
- To get your first tokens or bonuses without large investments, pay attention to earning on drops for beginners.
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Checking the NSU score:
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We go to the "Assets" tab and see all the coins in the wallet.
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You can then buy, sell, stake, or transfer funds between spot, futures, and other accounts on the exchange.
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Pros and cons of Binance
To better understand how to generate passive income on cryptocurrency, see methods of passive income in cryptocurrency.
This will help you combine active trading on Binance with passive instruments.
Pros:
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A reliable crypto exchange with a global reputation
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Large selection of coins and trading pairs
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Simple interface for beginners and professional for traders
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P2P trading with security guarantee
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Staking, futures and share options for additional income
Cons:
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The interface may seem complicated for beginners
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Some functions (futures) require additional training
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The need to pass verification for full use
Typical mistakes of beginners
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Using simple passwords or the same passwords across platforms.
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Ignoring verification, which limits account functionality.
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Errors when selecting a network for deposits (e.g. TRC20 instead of ERC20).
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Excessive trust in P2P without checking the counterparty's rating (although the exchange guarantees security, caution will not hurt).
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Not taking advantage of available bonuses and promotions that the exchange offers to new users.
Safety tips
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Use two-factor authentication (2FA)
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Do not share your username and password with anyone
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Check your balance and transaction history regularly
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Use the official Binance mobile app and website
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Do not store large amounts of crypto on an exchange unless it is staking or active trading
Comparison of replenishment methods
| Way | Advantages | Disadvantages |
|---|---|---|
| P2P | The most favorable exchange rate, the opportunity to receive hryvnias on the card | It takes time to choose a seller |
| Crypto deposit | Instant transfer from another exchange or wallet | Risk of network selection errors |
| Exchanger | A quick way to buy via fiat | Often the rate is worse than P2P |
If you want to compare other exchanges and find the best platforms to start with, see my ranking of exchanges for beginners.
Frequently Asked Questions (FAQ) about registration and verification on Binance
1. How to register an account on Binance?
Enter your email or phone number, agree to the terms, complete the captcha, and confirm the code from your email or phone. Come up with a strong password.
2. Is it possible to buy cryptocurrency without registration?
No, registration and verification are required for purchase and full functionality of Binance.
3. What is account verification and why is it needed?
Verification confirms your identity, allows you to safely work with crypto, withdraw funds, and use P2P.
4. What documents are suitable for verification?
Passport, international passport, or driver's license — choose what is convenient to have at hand.
5. How long does verification take?
Usually 5–10 minutes if the photos are of good quality and the information is entered correctly.
6. Can I start using the exchange without verification?
Partially, but the functionality will be limited - you cannot use P2P and withdraw large amounts.
7. How to ensure account security?
Use two-factor authentication (2FA), do not share your username and password, and check your transaction history.
8. What is the minimum deposit required to start?
You can start even with small amounts - $100–200 is enough to test staking or P2P.
9. Which networks are most convenient for depositing USDT?
Most often, TRC20 — low fees and fast transactions.
10. How to top up your balance on Binance?
Through P2P, depositing crypto from another exchange or exchanger. It is important to choose the right network to avoid losing funds.
11. Is it possible to combine P2P and crypto deposits?
Yes, this allows you to diversify your replenishment methods and choose the most favorable rate.
12. Is it safe to use the Binance mobile app?
Yes, if you download it only from the official website or App Store/Google Play and set up 2FA.
13. What to do after successful registration and verification?
You can buy cryptocurrency, top up your balance, trade spot and futures, participate in P2P, staking, and stock exchanges.
14. What are the typical mistakes beginners make when registering?
Simple passwords, wrong choice of network for deposits, ignoring verification, excessive trust in P2P without checking the counterparty.
15. Should I create an account through an affiliate link?
Yes, this gives you access to bonuses, promotions, and helps you get maximum benefits when you start.
Conclusion
As an experienced trader and crypto expert, I recommend not to delay registration and verification on Binance . This opens access to trading BTC, USDT, Ethereum and other cryptocurrencies, P2P transactions, staking, futures and stocks. The exchange offers reliable security, a user-friendly interface and numerous bonuses for beginners.
My practical life hack: create an account via an affiliate link, get verified right away, and use P2P to buy crypto at the best price. This way, you will get maximum benefits without unnecessary risks and quickly learn how to navigate the world of cryptocurrencies.