Binance Login - Cryptocurrency exchange for Bitcoin 2024

Binance login—Binance is an international company that deals with cryptocurrency exchanges. It was established in 2017 by Changpeng Zhao. Binance was initially in China and then moved to Japan before the Chinese government restricted cryptocurrency companies.

Subsequently, Binance left Japan for Malta and currently has no official company headquarters.

Binance, also known as the world’s leading crypto asset exchange, offers 350+ cryptocurrencies, including Bitcoin, enabling you to build your crypto holdings. It has 140 million registered users, over 1,600 crypto trading pairs, and 24/7 customer support.

Pros and Cons of Binance

Pros:
Multiple fiat currency options
$1 billion Secure Asset Fund (SAFU)
Fee-free trading for many crypto pairs
Low fees
A broad range of products and services
Suitable for all levels of crypto enthusiasts
Multiple asset support, including NFTs

Cons:

Not available in the United States (Binance has a U.S-specific site)
Has had some regulatory challenges
Lack of transparency regarding headquarters

Key features of Binance:

Two-factor authentication
1600 crypto trading pairs
$1 billion SAFU to protect user funds
Multiple “Earn” products
Binance Wallet or Trust Wallet
Secure Storage
Organizational Security
Real-Time Monitoring
Debit card
Proof of Reserves
Mobile App

Binance Create a Binance Account

You can create a Binance account with the mobile app using your phone number, Google account, or Apple ID. After you do so, Binance will request your KYC (Know Your Customer) ID details. This information is necessary for security and compliance and will help protect your Binance account.

For most countries, verification requires a government-issued ID, such as a driver’s license or valid passport, along with proof of address via a bank statement, government-issued documents, or utility bill.

How to Create a Binance Account using a browser

Open the Binance website in your browser and then follow the guide below:

Click “Sign up with phone or email” on the home page or register with your Google account
Select your country
After confirming, click “Create Personal Account” and enter your email address and a strong password
Choose whether to opt-in for Binance updates.
Binance will send you an email with a verification code.
Copy the code, and paste it into the “Email Verification Code” box.
Enter your mobile phone number and look for a verification SMS from Binance.
Enter the code and click “Submit.”
At the bottom of the page, look for “Verify Now.”

Completing the KYC Phase

Complete the form provided with relevant information and click “Continue.”

Enter your residential address
Check that your documentation is easily readable before uploading.
If successful, Binance automatically takes you to the next stage.
Prepare for face verification. If possible, have a plain background and remove hats or glasses.
If successful, Binance automatically verifies this stage.

How to Create a Binance Account on the Mobile App

After downloading the app, sign in with your email or phone number. Then fill in the following:

Your country of residence.
Create a personal account.
Choose whether to opt-in for Binance updates.
Open your email inbox for the verification code.
Copy the code and inside the app, paste it into the visible code field and click “Next”.
The app may prompt you to enable biometric authentication.
Enter your mobile number and click “Next” (You may receive a verification SMS)

Complete Binance KYC on the Mobile App

On the app, click “Verify Now“, complete the information fields with your home address, postcode, city, and country, and click “Continue“.
The next step requires that you upload identity documents.
The app will then open on the facial recognition page.
When you are ready, click on verification. If the app asks you to smile, blink,, or move your head, follow the instructions.

Getting Started with Binance Trading

After creating your account, you can deposit crypto or purchase with a bank card or deposit fiat via bank transfer to begin trading various cryptocurrencies like Bitcoin or Ethereum. Note that you can start trading on Binance with as little as a $10.00 deposit

.Once the desired amount has been sent successfully or the purchase has been verified, you are ready for action! If everything has been verified, traders may start making orders such as buying/selling coins and accessing the various products on the Binance platform.

Depositing Funds on Binance

To deposit funds on Binance, you need to follow these steps for cryptocurrency deposits:

Log into your Binance account and click on “Deposit” in the top right-hand corner, Select the cryptocurrency you want to deposit.
Next, click on “Copy” to copy your Binance Wallet’s deposit address and paste it to the address field on the platform you intend to withdraw crypto from.
After confirming the deposit request, the transfer will be processed, and the funds will be credited to your Binance account shortly after.

Placing Your First Trade on Binance

Let’s suppose that you want to sell some of your BNB (Binance Coin) and receive BTC (Bitcoin). To do this, go for either the Basic “Convert” feature or the more advanced “Spot” trading option.

Use the spot trading interface, click on the right panel, and select BNB (or cryptocurrency of choice) and the target asset to buy or sell. So on the top right panel, you would select BNB/BTC.

Once you have selected the crypto pair, you can set the limit price and any desired market/limit orders to complete the exchange process between two cryptos.

Supported Cryptocurrencies on Binance

Traders using Binance have access to more than 500 options for trading crypto and virtual tokens. These include well-known cryptos like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin, as well as the native token BNB offered by this exchange platform.

Trading Pairs on Binance

Binance offers a variety of trading pairs, including crypto-to-crypto and fiat-to-crypto. With 1409 different options in total, this selection allows individuals to take advantage of a wide range of market movements. With so many trade pairs available through Binance, investors can tailor strategies according to personal preferences.

Binance controversies

The Federal Government of Nigeria has allegedly detained at least two senior executives of Binance. The arrests came amid the government’s efforts to rein in speculation on the naira by cracking down on cryptocurrency exchanges.

The government, through the Nigerian Communications Commission, blocked the online platforms of Binance and other crypto firms to prevent what it considers continuous manipulation of the forex market and illicit fund movement.

Frequently Asked Questions (FAQs)

Can I Use Binance in the US?

Binance has a US-specific site that covers most states. However, it is unavailable to Hawaii, Texas, New York, Idaho, Louisiana, and Vermont (June 2023).

Can I Still Use Binance without Verification?

No, Binance has a strict KYC/AML policy to comply with financial regulations and gain access to higher trading limits.

Is Binance Free To Register?

Yes, registering a new account with Binance is free. There are no ongoing monthly or annual fees to use the exchange, only trading fees.

Does Binance Charge Transaction Fees?

There are no fees to deposit crypto and many fee-free purchase options. There are standard network fees for withdrawing crypto and trading fees ranging from 0.10% for trading on the platform as well to 0.50% fee for Instant Buy/Sell.

Where is Binance headquarters

Binance physical headquarter address is currently unknown.

Binance Login – Cryptocurrency exchange for Bitcoin 2025