How to create a crypto wallet? - Binance

2 min. readlast update: 11.04.2024

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Cryptocurrencies have become a game-changer in the financial world. Creating a crypto wallet is the first step toward the vast world of digital assets. 🪙

In this step-by-step guide, we'll show you how to register your crypto wallet with Binance, one of the leading platforms in the industry. Let's dive in!

What is Binance

Binance is one of the world's largest and most popular cryptocurrency exchanges. It provides a platform for users to buy, sell, and trade a wide range of digital assets. 

Binance has become a global go-to platform for crypto enthusiasts because of its strong security measures and extensive selection of cryptocurrencies. The best part - It's very practical and user-friendly!

 

🔗 You can access the platform using this link: https://www.binance.com/en

Setting up your account

Registering in Binance is very simple! Here's how: 

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  • Enter the 6-digit verification code sent to your email or phone number and click 'Submit.'
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  • Create your account's password and click 'Next.'

Your password should consist of at least 8 characters, including one uppercase letter and one number

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Learn more about the registration process.

 

Great! You have registered in Binance. Now, you need to set up  two-factor authenticatio for your account for more security. 

 

Enabling 2FA with Binance

Enabling two-factor authentication in your Binance account is crucial to protect your assets and personal data. 

We always recommend Google Authenticator. However, you can also set your 2-factor authentication via email, phone number, or a personal security key. Visit this article  for detailed instructions on downloading and using Google Authenticator. 

 

Learn more about 2FA setting in Binance

 

Now you will have to complete the  Identity verification.  Don't worry - it's simple and fast!

 

Identity Verification

Verifying your Binance wallet ensures your account's security, allowing you to access all features hassle-free! Before buying crypto, you will have to complete a fast identity verification process. 

The documents required will depend on your country of residence. Usually, you will be requested the following documents: 

  • Identity Document (Passport, Driver's License, or Government-Issued ID) 
  • Facial verification or 3D selfie.

 

Learn more about Binance verification

After your verification you are all set to  start buying crypto!

 

Are you ready to deposit in Olymptrade?

Check out this article, where we guide you step-by-step to top up your trading balance with Binance Pay!

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