Binance is the largest cryptocurrency exchange in the world by trading volume. It supports hundreds of trading pairs, offers spot and futures markets, and provides tools for staking, savings, and P2P trading. For anyone looking to enter the crypto market seriously, creating a Binance account is one of the first practical steps.
This guide covers the full Binance sign-up process from start to finish. It explains what to prepare, what to expect at each step, and how to avoid the common mistakes that cause new users to lose benefits or face delays.
Why Trading Is Worth Signing Up For
Binance handles more daily trading volume than any other crypto exchange. On a typical day, the platform processes tens of billions of dollars in transactions. That level of liquidity means traders can enter and exit positions quickly without significant price slippage.
Beyond volume, Binance offers a wider selection of coins than most competing platforms. Users can access major assets like Bitcoin and Ethereum alongside hundreds of smaller altcoins. The platform also supports advanced trading features including futures, options, margin trading, and automated bots, all within a single account.
For new users, Binance provides a straightforward onboarding path. The sign-up process takes less than ten minutes, and the platform offers educational resources to help beginners understand how to use each feature before committing real funds.
What to Prepare Before You Sign Up
Before starting the Binance sign-up process, gathering a few things in advance saves time and prevents interruptions.
A valid email address is required for account creation. This email will be used for login verification, security alerts, and account recovery. Use an address you check regularly and have long-term access to.
A government-issued ID is needed for identity verification (KYC). Binance accepts a national ID card, driver’s license, or passport. Korean users can use their resident registration card (주민등록증), driver’s license, or passport. The document must be valid and clearly legible.
A smartphone with a working camera is necessary for the facial recognition step in the KYC process. The liveness check requires the user to move their face in front of the camera, following on-screen instructions. Remove glasses, hats, and masks before starting this step.
A referral link or referral code is optional but highly recommended. Signing up through a referral link gives a permanent trading fee discount that cannot be applied after the account is created. This is a one-time opportunity that many users miss by signing up directly through the app without a referral code.
Step-by-Step Binance Sign-Up Process
Step 1: Access the Registration Page
Open a web browser and go to the Binance registration page. If you have a referral link, use it to open the page so the referral code is pre-filled in the sign-up form. Do not install the Binance app first. Installing the app before completing web registration can cause the referral code to fail to link properly.
Step 2: Enter Your Email and Create a Password
Type your email address into the registration form. Create a strong password that meets Binance’s requirements: at least eight characters, including uppercase letters, lowercase letters, numbers, and special characters. Confirm that the referral code field is filled in before clicking the sign-up button.
Step 3: Verify Your Email
Binance sends a six-digit verification code to the email address you entered. Open your inbox, find the email from Binance, and enter the code on the verification screen. The code expires after a short time, so complete this step promptly.
Step 4: Complete KYC Identity Verification
After the email is verified, Binance prompts you to complete identity verification. Select your country of residence, enter your full name and date of birth exactly as they appear on your ID, and upload photos of the front and back of your document. Then complete the liveness check by following the on-screen facial recognition instructions.
KYC approval typically takes a few minutes to a few hours. Once approved, all platform features including deposits, withdrawals, and futures trading become available.
Step 5: Enable Two-Factor Authentication
Before depositing any funds, set up two-factor authentication (2FA). Binance recommends using Google Authenticator. Download the app, link it to your Binance account by scanning the QR code or entering the secret key manually, and write down the backup key on paper. Store it somewhere safe. Losing this backup key makes account recovery very difficult if you change or lose your phone.
How to Deposit Funds Into Your Binance Account
Binance does not accept direct Korean Won (KRW) deposits. Korean users need to buy cryptocurrency on a domestic exchange first and then transfer it to Binance.
The most practical approach is to buy USDT on Upbit or Bithumb using KRW, then withdraw it to your Binance wallet address. USDT on the TRC20 network has a transfer fee of approximately 1 USDT and typically arrives within one to five minutes.
To find your Binance deposit address, go to the Wallet section, select Deposit, choose USDT, and select the TRC20 network. Copy the address and paste it into the withdrawal form on your domestic exchange. Make sure the network selected on both platforms matches exactly. A network mismatch can result in permanent loss of funds.
For your first transfer, send a small test amount of around 10 USDT. Confirm it arrives in your Binance wallet before sending the full amount.
The Referral Code Benefit: What You Lose by Skipping It
Binance’s standard trading fee is 0.1% per transaction. Users who sign up through a referral link receive a permanent 20% discount, bringing the fee down to 0.08%. This discount applies to every trade for the lifetime of the account.
The difference sounds small, but it compounds significantly over time. A trader who executes 1,000 USDT in trades per day pays 0.1 USDT less per day with the discount. Over a year, that adds up to more than 36 USDT in savings. For higher-volume traders, the savings scale proportionally.
The critical point is that this discount cannot be applied after the account is created. Binance does not allow referral information to be added or changed retroactively. If you sign up without a referral code and later realize you missed the discount, customer support cannot fix it. The only option would be to create a new account, which requires a different email address and a separate KYC submission.
For a complete walkthrough of the sign-up process, including referral code setup, fee discount confirmation, and KYC tips specific to Korean users, the 바이낸스 가입 covers every step in detail and includes the referral link with the maximum available discount already applied.
Common Mistakes to Avoid During Binance Sign-Up
Installing the app before registering on the web. The referral code often fails to apply when users install the Binance app first and then register through it. Always complete web registration first, then install the app afterward.
Using social login instead of email. Signing up with a Google or Apple account can cause the fee discount to not apply correctly. Email registration is the recommended method.
Skipping KYC. Without identity verification, deposit and withdrawal limits are severely restricted and futures trading is unavailable. KYC is a necessary step, not an optional one.
Not backing up the Google Authenticator key. If you lose your phone without the backup key, regaining access to your account requires a lengthy manual verification process with Binance support.
Sending crypto on the wrong network. Always confirm that the network selected when withdrawing from a domestic exchange matches the network selected on the Binance deposit page. This single mistake is responsible for a large share of lost funds among new users.
Summary
Binance sign-up is a straightforward process when approached in the right order. Register through a web browser using a referral link, verify your email, complete KYC with a valid ID, enable Google Authenticator, and make your first deposit using USDT on the TRC20 network.
The most important action to take before anything else is to ensure the referral code is applied at the time of registration. This is the only moment it can be set. Every trade you make after that point benefits from the discount, making it one of the most valuable steps in the entire onboarding process.
Taking ten minutes to set up the account correctly from the start saves money and prevents problems that are difficult or impossible to fix later.
