How to Register and Trade Crypto at Binance

Jan 18, 2024

Trade crypto on Binance is very simple. First, register an account and then use that account to trade crypto and make money on Binance.

How to Register in Binance

Register in Binance App

If you want to trade on the Binance app, you can easily do it. Initially, Install it through Googe Play Store or App Store.

1. Open the Binance App and tap [Sign Up].

How to Register and Trade Crypto at Binance

2. Select a registration method.

If you want to create an entity account, tap [Sign up for an entity account]. Please select the type of account carefully. Once registered, you cannot change the account type. Please refer to the “Entity Account” tab for a detailed step-by-step guide.

Sign up with your email/phone number:

3. Select [Email] or [Phone Number] and enter your email address/phone number. Then, create a secure password for your account.

Note:

Your password must contain at least 8 characters, including one number and one uppercase letter.
If you’ve been referred to register on Binance by a friend, make sure to fill in their Referral ID (optional).

Read and agree to the Terms of Service and Privacy Policy, then tap [Create Account].

4. You will receive a 6-digit verification code in your email or phone. Enter the code within 30 minutes and tap [Submit].

5. Congratulations! your Binance account is registered successfully.

Sign up with your Google/Apple account:

3. Select [Google] or [Apple]. You will be prompted to sign in to Binance using your Google or Apple account. Tap [Continue].

4. If you’ve been referred to register on Binance by a friend, make sure to fill in their Referral ID (optional).

Read and agree to the Terms of Service and Privacy Policy, then tap [Confirm].

5. Congratulations! You have successfully registered a Binance account.

Note:

To protect your account, we highly recommend enabling at least 1 two-factor authentication (2FA).
Please note that you must complete Identity Verification before using P2P trading.

Register in Binance with Gmail

1. Register an account with Binance via Social Media by visiting our website and clicking on the [Register] button.

2. Click on the [Google] button.

3. A sign-in window will be opened, where you will need to enter your Email or Phone and click on “Next”.

4. Then enter the password for your Gmail account and click “Next”.

5. Read and agree to the Terms of Service and Privacy Policy, then click [Confirm].

6. Congratulations! You have successfully created a Binance account.

Register in Binance with Apple

1. Besides, you can sign up using Single Sign-On with your Apple account by visiting Binance and clicking [Register].

2. Select [Apple], a pop-up window will appear, and you will be prompted to sign in to Binance using your Apple account.

3. Enter your Apple ID and password to sign in to Binance.

Click "Continue".

4. After signing in, you will be redirected to the Binance website. If you’ve been referred to register on Binance by a friend, make sure to fill in their Referral ID (optional).

Read and agree to the Terms of Service and Privacy Policy, then click [Confirm].

5. Congratulations! You have successfully created a Binance account.

Register in Binance with a Phone Number or Email

1. To register an account with Binance visit our website and click on the [Register] button in the top right corner of the website.

2. Select a registration method. Click the "Sign up with phone or email" yellow button.

If you want to create an entity account, click [Sign up for an entity account]. Please select the type of account carefully. Once registered, you cannot change the account type.

3. Select [Email] or [Phone Number] and enter your email address/phone number. Then, create a secure password for your account.

Note:

Your password must contain at least 8 characters, including one uppercase letter and one number.
If you’ve been referred to register on Binance by a friend, make sure to fill in their Referral ID (optional).

Read and agree to the Terms of Service and Privacy Policy, then click [Create Personal Account].

4. You will receive a 6-digit verification code in your email or phone. Enter the code within 30 minutes and click [Submit].

5. Congratulations, you have successfully registered on Binance.

Frequently Asked Questions (FAQ)

How to Redeem Futures Bonus Voucher/Cash Voucher

1. Click on your Account icon and select [Reward Center] from the drop-down menu or in your dashboard after logging in to your account. Alternatively, you can directly visit https://www.binance.com/en/my/coupon or access the Reward Center via the Account or More menu on your Binance App.

2. Once you receive your Futures Bonus Voucher or Cash Voucher, youll be able to see its face value, expiry date, and applied products in the Reward Center.

3. If you haven’t opened a corresponding account yet, a pop-up will guide you to open it when you click the redeem button. If you already have a corresponding account, a pop-up will come up to confirm the voucher redemption process. Once successfully redeemed, you can jump to your corresponding account to check the balance as you click on the confirm button.

4. You have now successfully redeemed the voucher. The reward will be directly credited to your corresponding wallet.

Why Can’t I Receive SMS Verification Codes

Binance continuously improves our SMS Authentication coverage to enhance user experience. However, there are some countries and areas currently not supported.

If you cannot enable SMS Authentication, please refer to our Global SMS coverage list to check if your area is covered. If your area is not covered on the list, please use Google Authentication as your primary two-factor authentication instead.
You may refer to the following guide: How to Enable Google Authentication (2FA) .

If you have enabled SMS Authentication or you are currently residing in a country or area that’s in our Global SMS coverage list, but you still cannot receiving SMS codes, please take the following steps:

Ensure that your mobile phone has a good network signal.
Disable your anti-virus and/or firewall and/or call blocker apps on your mobile phone that might potentially block our SMS Codes number.
Restart your mobile phone.
Try voice verification instead.
Reset SMS Authentication, please refer to here.

Why Can’t I Receive Emails from Binance

If you are not receiving emails sent from Binance, please follow the instructions below to check your email’s settings:

1. Are you logged in to the email address registered to your Binance account? Sometimes you might be logged out of your email on your devices and hence can’t see Binance’s emails. Please log in and refresh.

2. Have you checked the spam folder of your email? If you find that your email service provider is pushing Binance emails into your spam folder, you can mark them as “safe” by whitelisting Binance’s email addresses. You can refer to How to Whitelist Binance Emails to set it up.

Addresses to whitelist:

3. Is your email client or service provider working normally? You can check the email server settings to confirm that there isn’t any security conflict caused by your firewall or antivirus software.

4. Is your email inbox full? If you have reached the limit, you wont be able to send or receive emails. You can delete some of the old emails to free up some space for more emails.

5. If possible, register from common email domains, such as Gmail, Outlook, etc.

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How to Trade Crypto at Binance

We’re going to teach you how you can get started in crypto trading using Binance. Since it can be stressful for anyone to buy and sell a cryptocurrency, it is vital to choose a trustworthy exchange that is easy to use and meet your every need.

How to Trade Spot on Binance (Web)

A spot trade is a simple transaction between a buyer and a seller to trade at the current market rate, known as the spot price. The trade takes place immediately when the order is fulfilled.

Users can prepare spot trades in advance to trigger when a specific (better) spot price is reached, known as a limit order. You can make spot trades on Binance through our trading page interface.

1. Visit our Binance website, and click on [Log in] at the top right of the page to log into your Binance account.

2. Click on any cryptocurrency on the home page to go directly to the corresponding spot trading page.

You can find a larger selection by clicking [View more markets] at the bottom of the list.

3. You will now find yourself on the trading page interface.

Binance Announcements
Trading volume of trading pair in 24 hours
Sell order book
Buy order book
Candlestick chart and Market Depth
Trading Type: Spot/Cross Margin/Isolated Margin
Type of order: Limit/Market/Stop-limit/OCO(One-Cancels-the-Other)
Buy Cryptocurrency
Sell Cryptocurrency
Market and Trading pairs.
Your latest completed transaction
Market Activities: large fluctuation/activities in market trading
Open orders
Your 24h order history
Binance customer service

4. Let’s look at buying some BNB. At the top of the Binance home page, click on the [Trade] option and select or [Classic] or [Advanced].

Go to the buying section (8) to buy BNB and fill in the price and the amount for your order. Click on [Buy BNB] to complete the transaction.

You can follow the same steps to sell BNB.

The default order type is a limit order. If traders want to place an order as soon as possible, they may switch to [Market] Order. By choosing a market order, users can trade instantly at the current market price.
If the market price of BNB/BTC is at 0.002, but you want to buy at a specific price, for example, 0.001, you can place a [Limit] order. When the market price reaches your set price, your placed order will be executed.
The percentages shown below the BNB [Amount] field refer to the percentage amount of your held BTC you wish to trade for BNB. Pull the slider across to change the desired amount.

How to Trade Spot on Binance (App)

1. Log in to the Binance App, and click on [Trade] to go to the spot trading page.

2. Here is the trading page interface.

1. Market and Trading pairs.

2. Real-time market candlestick chart, supported trading pairs of the cryptocurrency, “Buy Crypto” section.

3. Sell/Buy order book.

4. Buy/Sell Cryptocurrency.

5. Open orders.

As an example, we will make a "Limit order" trade to buy BNB

(1). Input the spot price you wish to buy your BNB for and that will trigger the limit order. We have set this as 0.002 BTC per BNB.

(2). In the [Amount] field, input the amount of BNB you wish to purchase. You may also use the percentages underneath to select how much of your held BTC you want to use to buy BNB.

(3). Once the market price of BNB reaches 0.002 BTC, the limit order will trigger and complete. 1 BNB will be sent to your spot wallet.

You can follow the same steps to sell BNB or any other chosen cryptocurrency by selecting the [Sell] tab.

NOTE:

The default order type is a limit order. If traders want to place an order as soon as possible, they may switch to [Market] Order. By choosing a market order, users can trade instantly at the current market price.
If the market price of BNB/BTC is at 0.002, but you want to buy at a specific price, for example, 0.001, you can place a [Limit] order. When the market price reaches your set price, your placed order will be executed.
The percentages shown below the BNB [Amount] field refer to the percentage amount of your held BTC you wish to trade for BNB. Pull the slider across to change the desired amount.

What is the Stop-Limit Function and How to use it

What is a stop-limit order?

A stop-limit order is a limit order that has a limit price and a stop price. When the stop price is reached, the limit order will be placed on the order book. Once the limit price is reached, the limit order will be executed.

Stop price: When the asset’s price reaches the stop price, the stop-limit order is executed to buy or sell the asset at the limit price or better.
Limit price: The selected (or potentially better) price at which the stop-limit order is executed.

You can set the stop price and limit price at the same price. However, it’s recommended that the stop price for sell orders should be slightly higher than the limit price. This price difference will allow for a safety gap in price between the time the order is triggered and when it is fulfilled. You can set the stop price slightly lower than the limit price for buy orders. This will also reduce the risk of your order not being fulfilled.

Please note that after the market price reaches your limit price, your order will be executed as a limit order. If you set the stop-loss limit too high or the take-profit limit too low, your order may never be filled because the market price cannot reach the limit price you set.

How to create a stop-limit order

How does a stop-limit order work?

The current price is 2,400 (A). You can set the stop price above the current price, such as 3,000 (B), or below the current price, such as 1,500 (C). Once the price goes up to 3,000 (B) or drops to 1,500 (C), the stop-limit order will be triggered, and the limit order will be automatically placed on the order book.

Note

Limit price can be set above or below the stop price for both buy and sell orders. For example, stop price B can be placed along with a lower limit price B1 or a higher limit price B2.
A limit order is invalid before the stop price is triggered, including when the limit price is reached ahead of the stop price.
When the stop price is reached, it only indicates that a limit order is activated and will be submitted to the order book, rather than the limit order being filled immediately. The limit order will be executed according to its own rules.

How to place a stop-limit order on Binance?

1. Log in to your Binance account and go to [Trade] - [Spot]. Select either [Buy] or [Sell], then click [Stop-limit].

2. Enter the stop price, limit price, and the amount of crypto you wish to purchase. Click [Buy BNB] to confirm the details of the transaction.

How to view my stop-limit orders?

Once you submit the orders, you can view and edit your stop-limit orders under [Open Orders].

To view executed or canceled orders, go to the [Order History] tab.

Frequently Asked Questions (FAQ)

What is a Limit Order

A limit order is an order that you place on the order book with a specific limit price. It will not be executed immediately like a market order. Instead, the limit order will only be executed if the market price reaches your limit price (or better). Therefore, you may use limit orders to buy at a lower price or sell at a higher price than the current market price.

For example, you place a buy limit order for 1 BTC at $60,000, and the current BTC price is 50,000. Your limit order will be filled immediately at $50,000, as it is a better price than the one you set ($60,000).

Similarly, if you place a sell limit order for 1 BTC at $40,000 and the current BTC price is $50,000. The order will be filled immediately at $50,000 because it is a better price than $40,000.

Market Order	Limit Order
Purchases an asset at the market price	Purchases an asset at a set price or better
Fills immediately	Fills only at the limit order’s price or better
Manual	Can be set in advance

What is Market Order

A market order is executed at the current market price as quickly as possible when you place the order. You can use it to place both buy and sell orders.

You can select [Amount] or [Total] to place a buy or sell market order. For example, if you want to buy a certain quantity of BTC, you can enter the amount directly. But if you want to buy BTC with a certain amount of funds, such as 10,000 USDT, you can use [Total] to place the buy order.

How to View my Spot Trading Activity

You can view your spot trading activities from the Orders and Positions panel at the bottom of the trading interface. Simply switch between the tabs to check your open order status and previously executed orders.

1. Open orders

Under the [Open Orders] tab, you can view details of your open orders, including:

Order date
Trading pair
Order type
Order price
Order amount
Filled %
Total amount
Trigger conditions (if any)

To display current open orders only, check the [Hide Other Pairs] box.

To cancel all open orders on the current tab, click [Cancel All] and select the type of orders to cancel.

2. Order history

Order history displays a record of your filled and unfilled orders over a certain period. You can view order details, including:

Order date
Trading pair
Order type
Order price
Filled order amount
Filled %
Total amount
Trigger conditions (if any)

3. Trade history

Trade history shows a record of your filled orders over a given period. You can also check the transaction fees and your role (market maker or taker).

To view trade history, use the filters to customize the dates and click [Search].

4. Funds

You can view details of the available assets in your Spot Wallet, including the coin, total balance, available balance, funds in order, and the estimated BTC/fiat value.

Please note that the available balance refers to the amount of funds you can use to place orders.