Since the end of 2021, in order to comply with government regulatory requirements, the world's largest cryptocurrency exchange, Binance, has officially removed the C2C RMB trading zone and strengthened the supervision of platform users. For accounts identified as being in mainland China, the platform has adopted a 'withdrawal only' model, allowing users to only withdraw assets, cancel orders, redeem, and close positions. During the same period, other exchanges, including Huobi and BitMart, also took measures to stop new user registrations and expel existing mainland users.
Despite the tightening of regulatory policies, many investors are still looking for legal and compliant ways to continue cryptocurrency trading. Next, we will detail how to successfully register Binance (Binance) in the mainland China environment, complete identity verification (KYC), and recharge through appropriate methods.
I. How to register a Binance account.
1. Choose a suitable email.
When registering for a Binance account, it is recommended to use an overseas email, such as Gmail, QQ, or a phone number.
2. Visit the Binance official website to register.
Since the Binance official website may not be directly accessible in mainland China, it is necessary to use a VPN and set the proxy mode to 'Global Mode' to ensure the website loads properly. Additionally, it is recommended to choose server nodes in regions such as Japan, Singapore, or South Korea, avoiding US nodes to reduce potential access restrictions.
Registration Process:
1. Go to the Binance official website, and click the 'Register with Phone or Email' button.
2. In the 'Select Current Residence' option, it is recommended to choose 'Taiwan' (If you choose 'Hong Kong', you may be required to bind a Hong Kong phone number later).
3. Select 'Email Registration', enter your overseas email address and password.
4. You can fill in the referrer ID RFHBT7IA to enjoy up to a 20% trading fee discount.
5. After clicking register, check your email for the verification code, enter it, and complete the account creation.
At this point, your Binance account has been successfully registered!
II. Complete Binance (Binance) KYC verification.
To ensure account security and gain complete trading permissions, Binance requires users to complete identity verification (KYC). The following are the specific steps:
1. Enter the identity verification page.
- After logging into Binance, click the 'Go to Verification' button in the upper right corner to enter the identity verification page.
- Select 'Standard Identity Verification' and click 'Start Now'.
2. Fill in personal basic information.
- In the nationality option, select 'China', and enter your name, surname, and date of birth.
- Fill in your legal residential address, postal code, city, and then click continue.
3. Submit identity verification documents.
- Select the type of document (it is recommended to choose an ID card) and upload photos of the front and back of the ID card.
- Ensure the photos are clear, avoiding reflections or blurriness, as this may affect the review process.
4. Conduct facial recognition.
- Use the camera to take a selfie, ensuring the face is clearly visible.
- Conduct dynamic facial recognition (such as nodding, blinking, etc.) to complete the final verification.
- If the device you are using does not have a camera, you can switch to the mobile app to complete this step.
> Friendly Reminder: If you are using an iPhone, you need to download the Binance app from the non-China App Store. If you are unsure how to register a non-China Apple ID, you can refer to relevant tutorials, such as (How to register a US Apple ID to download the international version of TikTok).
5. Wait for review.
After submitting all materials, Binance will review them, which usually takes 1-3 days. Please check your email regularly during this period to receive the verification result notification in a timely manner.