Since the end of 2021, in order to comply with government regulatory requirements, Binance, the world's largest cryptocurrency exchange, has officially removed the C2C RMB trading zone and strengthened supervision over platform users. For accounts identified as being in mainland China, the platform has implemented a 'withdrawal only' model, allowing users only to withdraw assets, cancel orders, redeem, and close positions. During the same period, other exchanges including Huobi and BitMart have also taken measures to stop new user registrations and expel existing mainland users.
Despite tightening regulatory policies, many investors are still looking for legal and compliant ways to continue cryptocurrency trading. Next, we will detail how to successfully register on Binance in the mainland China environment, complete identity verification (KYC), and how to recharge through appropriate methods.
I. How to register a Binance account.
1. Choose a suitable email.
When registering 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 tool 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 official Binance website, 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: GQTRR5QP 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 KYC verification.
To ensure account security and obtain full trading permissions, Binance requires users to complete identity verification (KYC). The following are the specific operation steps:
1. Enter the verification page.
- After logging into Binance, click on the 'Go to Verification' button in the upper right corner to enter the identity verification page.
- Select 'Standard Identity Verification', click 'Start Now'.
2. Fill in personal basic information.
- In the nationality option, select 'China', enter first name, last name, and date of birth.
- Fill in the legal residence address, postal code, city, and then click continue.
3. Submit identification documents.
- Select the type of identification (it is recommended to choose ID card), and upload photos of the front and back of the ID card.
- Ensure the photo is clear, avoiding reflections or blurriness, as this may affect the review process.
4. Perform facial recognition.
- Take a selfie with the camera, ensuring the face is clearly visible.
- Perform dynamic facial recognition (such as nodding, blinking, etc.) to complete the final authentication.
- If the device used does not have a camera, you can switch to the mobile app to complete this step.
> Reminder: If you are using an iPhone, you need to download the Binance App from a non-Chinese App Store. If you are unsure how to register a non-Chinese Apple ID, you can refer to related 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 conduct a review, which usually takes 1-3 days. During this period, please check your email regularly to receive verification result notifications in a timely manner.