How to create a crypto wallet? - Binance

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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!

⚙️Setting Up your account

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

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

• Go to this link or click 'Register' on Binance's main page. 

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• Fill in your email or phone number. Confirm that you agree to Binance's Terms of Service and click 'Next.'

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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.'

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

🎉Great! You have registered a Binance account. You can read more about the registration process in this article. Now you need to set up the two-factor authentication of 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. Here's how to do it with the app Google Authenticator: 

• Go to 'Security' in your profile section. 

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• Click 'Enable' next to Google Authenticator.

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We always recommend Google Authenticator. However, you can also set your 2-factor authentication via email, phone number, or a personal security key. 

• You will be redirected to a new page. Download the Google Authenticator app and click 'Next.'

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You need help downloading the app? Visit this article for detailed instructions. 

• You will now see a QR code on your screen. 

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• Open your Google Authenticator app, click the '+' button, and scan the QR code.

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• Go back to Binance and click 'Next.' Then take note of the backup key somewhere safe. 

• Confirm your 2-factor authentication settings with your email address and phone number. Then click 'Next.'

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Remember to click 'Get code' next to Email and Phone verification code so that the codes will be sent to you. 

💪🏼You have successfully enabled the 2-factor authentication with Google Authenticator in your Binance account! You can read more about the process in this article. 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. Here's how: 

• Go to 'Identification' in your profile section.  

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• Click 'Start now' to begin the verification process. 

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• Select your country of residence. You will see the required documents. Then click 'Continue.'

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• Fill in your personal information according to your ID Document and click 'Continue.'

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• Upload a picture of your Identity Document (Passport, Driver's License, or Government-Issued ID) 

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• Follow the instructions to upload your document and click 'Take a photo.'

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Now you will have to upload a selfie or a photo of your face. Click 'Upload file' and then 'Continue.'

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• After that, you will be requested to complete facial verification. You can complete it from your computer or mobile device. Then, read the recommendations and click 'Continue.'

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• Follow the instructions on-screen. For example, you will be asked to nod your head or blink your eyes. 

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• After you upload all the required documents, you will receive a 'Verification completed' confirmation. 

• Once all your documents are reviewed and approved, Binance will send you a confirmation email, and you will see a green button with the message 'Completed' in your profile section. 

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✅Now you are all set to start buying crypto! You can read more about the verification process in this article. 

Are you ready to deposit with Binance in Olymp Trade? Check out this article, where we guide you step-by-step to top up your trading balance with Binance Pay!

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