Hey there crypto friend! I totally get how frustrating it can be trying to verify your Binance account as a beginner. There seem to be so many steps and hoops to jump through!
But don‘t worry – I‘m here to walk you through the entire Binance identity verification process with this simple guide. We‘ll tackle all the steps one-by-one so you can get your account fully verified and start trading crypto in no time!
Why Does Binance Require Verification Anyway?
As one of the biggest cryptocurrency exchanges in the world, Binance takes security and compliance seriously. According to Binance‘s support articles, they require identity verification for a few key reasons:
- To prevent financial crimes like fraud, money laundering, and terrorist financing
- To comply with anti-money laundering (AML) and know your customer (KYC) regulations
- To confirm users‘ identities and ensure accounts are secure
So even though submitting your personal information and documents might feel tedious, it ultimately protects Binance and its users.
Verifying your Binance account also allows you to access more features and higher limits. According to Binance, unverified accounts have a 2 BTC withdrawal limit per day. For verified accounts, this limit goes up to 100 BTC per day – a huge difference!
The 2 Levels of Binance Account Verification
The verification process consists of two levels – Basic and Intermediate:
Basic Verification: Provide personal info like your name, DOB, address etc. Takes less than 5 minutes!
Intermediate Verification: Submit ID documents and selfie photo. Usually completes within 30 minutes.
I‘d recommend finishing both levels to get full access to Binance‘s trading services and liquidity. Here‘s a quick overview of what each level unlocks:
| Verification Level | Features Unlocked |
|---|---|
| Unverified (Level 0) | Very limited – max 2 BTC withdrawal per day |
| Basic Verification (Level 1) | Increased limits – max 2 BTC withdrawal per day |
| Intermediate Verification (Level 2) | Full account access – max 100 BTC withdrawal per day |
So make sure to complete both basic and intermediate verification. Let‘s get started!
Step 1 – Register for a New Binance Account
If you haven‘t already signed up with Binance, here‘s how to kickstart your account registration:
-
Go to Binance.com and click Register to get started.
-
Enter your email address and choose a strong password.
-
Agree to Binance‘s Terms of Use and click Register.
-
Check your inbox for a confirmation email from Binance and click the link inside to verify your email address.
Once your email is verified, you can move on to basic verification next. The whole signup process only takes a few minutes!
Step 2 – Complete Basic Verification
With your account created, here‘s how to complete basic verification:
-
Log in to your Binance account and click on your profile icon in the top navigation bar.
-
In the dropdown menu, click on Verification.
-
Enter your full name, date of birth, nationality, and home address.
-
Make sure to read and agree to Binance‘s Terms of Use and Privacy Policy.
-
Click Submit to complete basic verification.
And just like that, you‘ve finished basic verification! This will already increase some of your account limits. But for full trading access, you need to continue to intermediate verification next.
Step 3 – Select Your ID Document Type
Here are the quick steps to upgrade your account to intermediate verification:
-
From your Binance profile, click Verification again to start the process.
-
Select the type of ID you want to submit – National ID, Passport or Driver‘s License.
-
Click Continue to move to the document upload stage.
Binance allows multiple ID types so pick whichever official document you have handy that meets their requirements. Just make sure your ID is valid and not expired!
According to Binance, the accepted ID documents must:
- Be an official government-issued document
- Include your photo and date of birth
- Be a color copy or photo showing all four corners visibly
This is to ensure they can properly verify your identity.
Step 4 – Upload Your ID Documents and Selfie
Uploading your documents is key to completing intermediate verification. Follow these steps carefully:
1. Take clear photos of your ID (front and back)
-
Use your phone camera to take high resolution pictures of your ID front and back. Make sure there is no glare.
-
Crop the photos so your ID details are centered and clear.
-
If scanning your ID, save the files as PNG or JPG.
2. Upload your ID photos
- In Binance, upload the front and back photos of your ID document.
3. Take a selfie photo of yourself
-
Use your phone to take a selfie holding your ID next to your face.
-
Make sure your entire face is visible and not obscured.
-
Double check that the selfie is clear and well-lit.
4. Upload your selfie
-
Upload your selfie photo on Binance after reviewing it.
-
Click Continue after uploading all 3 images.
This whole document upload process should take you less than 5 minutes. Not too difficult right?
Step 5 – Wait for Binance to Verify Your Documents
Once you‘ve submitted your documents, here‘s what happens next:
-
Binance will manually review your ID and selfie photos.
-
According to Binance support, verification is usually completed within 10-30 minutes.
-
In some cases, it can take up to a few hours if there are delays.
-
You‘ll receive an email confirmation from Binance once your verification is approved.
-
If your verification fails, you may need to reupload documents or contact support.
And that‘s all there is to it! With intermediate verification complete, you‘ll have unrestricted access to all of Binance‘s trading tools and features. Exciting!
Success! What You Can Now Do With a Verified Binance Account
Let‘s look at all the great benefits you get with a fully verified Binance account:
-
Much higher withdrawal limits – Up to 100 BTC per day!
-
Low trading fees – Maker/taker fees as low as 0.1% or less.
-
Margin trading – Trade cryptocurrencies with up to 5x leverage.
-
Fiat purchases – Deposit Euros or USD directly into Binance.
-
Advanced trading – Access futures, options, NFTs, and more.
-
Earn interest – Lend your crypto to earn up to 10% APY on Binance Earn.
-
Launchpad IDOs – Invest in new token launches on Binance Launchpad.
As you can see, intermediate account verification really opens up the full potential of everything you can do on Binance!
Now for some final tips to keep your new account safe and secure:
-
Set up two-factor authentication (2FA). This adds an extra layer of protection on top of your password.
-
Never share your account password or 2FA codes with anyone.
-
Use a strong and unique password. Don‘t repeat passwords across sites.
-
Keep your account recovery phrase very safe in case you ever lose access.
-
Always verify links, emails and communications as potential phishing risks.
And that concludes my complete guide to verifying your Binance account! I hope you found this step-by-step walkthrough helpful. Let me know if you have any other questions – I‘m always happy to help fellow crypto enthusiasts! Here‘s to profitable and safe trading on Binance.