If you’re a first-time investor looking to open a Binance account for crypto trading, here’s a simple guide on the documents you’ll need to prepare:
1. Required Documents for Binance Account Setup
- Valid ID (Identity Document): You’ll need an official government-issued ID, like:
- Passport
- National ID card
- Driver’s license
- (Make sure the document is valid, not expired.)
- Selfie for Verification: Binance requires a selfie with your ID to verify it matches your profile.
- Proof of Address: A recent document showing your current address, such as:
- Utility bill (electricity, water, etc.)
- Bank statement
- Tax document
- Lease agreement
- (Document should be no older than 3 months.)
- Bank Account Details (Optional): If you plan to deposit or withdraw fiat (e.g., USD, EUR) via bank transfer, you might need to link your bank account to Binance.
- Bank statement or account details may be required.
2. How to Submit the Documents
- After signing up on Binance, go to the “Identity Verification” section.
- Upload clear, high-quality images of your ID and address proof.
- For the selfie, you can take it using your phone or computer camera.
- Make sure the images are well-lit and all text is readable.
3. Common Questions & Answers
- How long does verification take?
- The verification process usually takes a few minutes to a few hours, but it can take longer depending on the volume of requests.
- What if my ID is not in English?
- Binance supports documents in multiple languages. Just make sure the text is clear. If required, a translation might be requested.
- Can I trade before ID verification?
- Yes, but you’ll have limited access (lower withdrawal limits and restricted features) until verification is complete.
- What if my address proof is not accepted?
- Make sure it’s recent (within 3 months) and includes your full name and address. If the document is not accepted, try submitting another valid document.