Prepare a valid government-issued identity document beforehand for live photo taking and upload such as National ID, driver’s license, or international passport.
Stay in a well lit environment before starting the process which requires photo taking and face verification.
Remove any face or head accessories while doing the face verification step.
Avoid these common issues when you are doing the verification:
Uploading images that are either blurry, cut off, taken in dark places, have light reflection or watermarks.
Missing or incomplete document submitted. If you are using an ID card, take photos of the front and back of the document.
Use of photocopied, scanned, screenshotted or edited images uploaded from a photo album. These will not be accepted.
Expired documents.
Unmatched personal details on the submitted document with the base information submitted in the previous step. Be sure to check every detail before you click submit.
Unmatched face in the liveness check with the photo from the identity document submitted in the previous step. If you need to submit an appeal for the face verification step, please contact our Support Center.
Do not wear head or face accessories, including glasses during the liveness check.
Having another Binance account (either partially or fully verified) can be another reason for your identity verification to be rejected. If you forgot your password, use the “Forgot password?” feature under the login page to retrieve your password.
Recommended Funding Methods
Buy crypto or deposit fiat with card
A fiat gateway allows users to trade their fiat currency for crypto, which gives them the opportunity to participate in the crypto ecosystem without needing a traditional bank account.
Fiat funding options are only made available in certain countries based on regulatory requirements.
However, in countries where we do not offer crypto-to-fiat exchange pairs, users can turn to stablecoins instead. With stablecoins, you can exchange supported fiat currencies into tokens listed on Binance.
In order for the crypto to be deposited correctly, it is of crucial importance that the respective memo is also provided.
In case of errors or missing tag/memo while depositing to a Binance account, help is available via the Tag/Memo recovery application form . However, please note that the crypto asset must be supported on Binance for retrieval. Otherwise, resort to self-service recovery.
Binance is also unable to assist you if you had entered the wrong address or tag/memo for your withdrawal . Please contact the platform you are withdrawing to for assistance.
Note: Products and services referred to here may not be available in your region.
Choose Your Preferred Trading Tool
Binance Convert and Spot are the most basic trading tools. Let’s learn which trading tool caters to your trading preference.
Key differences between Spot and Convert:
Zero fee: Binance Convert instantly converts assets at live market prices with zero fees.
Ease of use: Binance Convert simplifies the process for beginners and offers flexible order sizes from as low as $1, while Binance Spot offers more control and options to experienced traders.
Trading pairs: Binance Spot provides a wider range of trading pairs, whereas Binance Convert offers a more limited selection.
Order types: Binance Spot allows users to choose from different order types, while Binance Convert focuses exclusively on instantaneous market orders at the best available rate.
Order impact: Binance Convert minimizes market impact using sophisticated technology even for large orders, while Binance Spot trading may cause more impact on asset prices.
Slippage: Binance Convert guarantees ample liquidity, eliminating slippage risk, whereas Binance Spot trading may encounter slippage in low liquidity assets.
Note: Products and services referred to here may not be available in your region.
Spot as Your Trading Strategy
Spot trading entails buying or selling financial assets at the current market rate without leveraging or margin. It's a straightforward method to invest and trade in crypto assets. Typically, your initial experience in crypto asset investment will involve a spot transaction, such as purchasing BNB at market price and holding (HODLing) it.
Note: Products and services referred to here may not be available in your region.
Convert as Your Trading Strategy
Binance Convert offers a fast, user-friendly way to exchange crypto or fiat currencies with no fees, using real-time conversion rates. Nearly all assets on Binance.com, including stablecoins and fiats, are available for conversion.
Note: Products and services referred to here may not be available in your region.
Types of Wallets on Binance
Funding wallet: Accepts fiat currency from fiat deposits and receives crypto asset tokens resulting from Binance Convert transactions, provided that the trade used funds from the funding wallet.
Spot wallet: Takes in crypto asset tokens that come from completed Spot trade orders.
