Key Takeaways
- Binance corporate accounts, or entity accounts, allow businesses to trade, manage treasury funds, and tap into crypto services under proper compliance;
- Completing the KYB process is mandatory to meet global AML/CTF standards;
- Businesses must submit company documents, identify related parties, and sign a declaration.
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Since MicroStrategy booked tens of billions in gains on its Bitcoin treasury, other companies have taken notice. Allocating a portion of your portfolio to digital assets entails material risk, yet it can also signal a forward-thinking posture in a rapidly evolving financial market. To take your first plunge, treat this how to open Binance corporate account tutorial as your guiding compass!
Among the exchanges serving institutions, Binance stands out for scale and execution. To date, it remains the world’s largest platform by trading volume. Deep liquidity, global market access, and a governance-driven framework are part of its operating backbone.
The reasons above make it clear why Binance account opening serves as a strategic foundation to enhance your competitiveness in Web3. Now, let’s find out how to do just that.
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Table of Contents
- 1. How to Open a Binance Corporate Account
- 1.1. Set Up a Binance Account
- 1.2. Provide Basic Business Information
- 1.3. Identify Related Parties
- 1.4. Upload Documents
- 1.5. Sign the Declaration
- 1.6. Bonus: Secure Your Business Portfolio
- 2. How to Open a Binance US Corporate Account
- 3. How to Change Binance Personal Account to Entity Account
- 4. Binance Corporate Account Benefits
- 5. Binance Corporate Account Fees and Limits
- 6. Conclusions
How to Open a Binance Corporate Account
Nobody enjoys getting tangled in tedious bureaucracy. Thankfully, following the step-by-step instructions on how to open a Binance corporate account is far from that. Still, preparing the right documents and understanding the tutorial in advance can save you a significant amount of time. And in business, time is money.
Latest Changelly Coupon Found:A disclaimer upfront that the steps outlined below focus on the main Binance exchange (also known as Binance.com) and may not be valid in all regions.
1. Set Up a Binance Account
As always, the first step is to register a corporate account, or also referred to by Binance as an entity account. This step can be a little bit tricky since the business-specific option isn’t immediately visible in the menu. Once you know where to look, though, the process is surprisingly a breeze, so follow along:
![How to open Binance corporate account: the [Sign up as an entity] button on Binance.](https://assets.bitdegree.org/images/how-to-open-binance-corporate-account-sign-up-entity.jpg "How to open Binance corporate account: the [Sign up as an entity] button on Binance.")
- 8 to 128 characters;
- At least 1 number;
- At least 1 upper case letter.
Consider storing your credentials in an online password manager, and not in a notebook, to prevent theft.
If your Binance account has been successfully approved, welcome aboard. However, there are still a few steps to take before you can fully manage your digital treasury system.
2. Provide Basic Business Information
Naturally, the next step is to complete the KYB (Know Your Business) verification. This step is not just a formality. Under the latest update of the FATF Standards and EU rules (specifically the MLD6 directives), virtual account activities fall squarely within the Anti-Money Laundering (AML) or Countering the Financing of Terrorism (CTF) scope.[1]
Completing the KYB doesn’t only mean ticking a box off the Binance corporate requirement list. It helps protect your business from serious non-compliance risks, including hefty fines, revoked licenses, and, in the most nightmarish case, a complete shutdown.
The Binance Entity Verification procedure consists of four steps: providing basic information, identifying related parties, uploading documents, and signing a declaration.
To avoid information overload, I’ll break the process into manageable chunks right from the first checkpoint. Here’s how to verify the corporate account on Binance:
- Entity name;
- Date of incorporation;
- Entity legal form;
- Nature of business;
- Shareholding structure.
It’s obligatory to provide all these details to Binance.
If you choose [No] and change your mind later, no worries, you can enable it anytime by going to [Profile], head to [Account], and click on [Identification].
📚 Related: A Guide to Binance Convert
3. Identify Related Parties
A business account can introduce added complexities, conflicts of interest, and communication silos, especially when multiple people are steering the ship. That’s why Binance will ask you to identify related parties, including:
1
The director(s) or equivalent persons. Register one or more members, particularly if your organization follows a multi-department structure.
2
Ultimate Beneficial Owner (UBO). Add anyone holding 25% or higher stake in your entity, even if their names don’t appear on your legal registration document. If your company doesn’t have any such individual, leave this section empty.
3
Significant controller(s). List any individuals who resume key roles in your company, such as the CEO, CFO, COO, managing or executive director, or president.
4
Authorised account trader. Designate the person(s) responsible for handling the account’s trading activities to avoid responsibility overlaps. For Binance Pay merchants or partner accounts, this refers to the authorized signatory who oversees and executes trades.
Remember that one individual will act as the Main Trader. The registration will require a special KYC (Know-Your-Customer) verification. Make it an internal agenda to discuss who will have access to the Binance corporate account to maximize oversight.
Now that you understand how Binance’s access control works, let’s assign the right people to the right roles:
Make sure to also upload the identification document. This step is repeatable across all roles.
.jpg "How to open Binance corporate account: add Ultimate Beneficial Owners (UBOs) on Binance.")
For significant controllers, their Binance corporate account requirements are similar to UBOs, with the added criterion of submitting Proof of Address that’s issued in the last 180 days.
-(1).jpg "How to open Binance corporate account: perform a Liveness Check on Binance.")
Be sure your screen brightness is set to maximum, you’re in a well-lit area, and your face is unobstructed (remove sunglasses, hats, or similar items) to ensure a smooth-sailing verification.
Once you’ve added all the relevant parties, time to move on.
4. Upload Documents
Just as in any formal business process, you’ll also need to upload some documents.
This step is fairly straightforward. Rather than walking you through every action, here's a document checklist to complete your Binance corporate account requirements:
- A document that discloses your current operating status.
- Certification of incorporation.
- Memorandum and articles of association.
- Directorship verification.
- Ownership verification.
- A letter of authorization (template available), which confirms the personnel who are authorized to access Binance on behalf of the company.
- Sanctions questionnaire (template available), which requires a director’s sign-off upon completion.
- Any other supplemental documents.
Along the way, you’ll also need to decide if you want to enroll in the AML program. Select [Yes] if you intend to manage, trade, hold custody, or provide liquidity to third parties using your Binance corporate account.
The documents for verification may vary depending on your country, legal entity type, business nature, and shareholding structure.
Keep in mind that the checklist above serves only as a reference. For the exact requirements, visit the verification page.
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5. Sign the Declaration
For the last stage, seal the process by signing the declaration. This legal attestation formally affirms that you are representing your business, that your documents are genuine, and that you accept Binance’s Terms and Conditions as well as Privacy Policy.
.jpg "How to open Binance corporate account: the Declaration page on Binance.")
Simply tick the box for “I/we understand and agree to the declaration”. Note that there’s an obligation to promptly notify Binance if there are changes to any of the submitted information (within 7 business days).
Once you’ve gone through all the steps on how to verify a corporate account on Binance, allow up to 15 business days for the final decision, which will be sent to your registered email. Keep your colleagues in the loop by adding their email addresses if needed.
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6. Bonus: Secure Your Business Portfolio
Congratulations are in order as you’ve successfully completed the procedure on how to open a Binance corporate account, but this is just a starting point. As your business matures, you’ll begin to pay vendors in crypto, trade digital assets, or explore other on-chain opportunities to grow your business.
📚 Read More: How to Start a Crypto Business
Regardless of your current stage, it’s crucial to have the right security measures in place. Not to spook you out, but there’s been a steady rise in cryptojacking,[2] ransomware, and other forms of cyberattacks.
As the first layer of defense, you might’ve already adopted a hard-to-crack password. That's certainly good, but not enough. Here’s what else you can do:
1
Turn on two-factor authentication (2FA). 2FA serves as an additional “lock”, making it much harder for hackers to break in. The “lock” here refers to a code sent to your Passkey or Authentication App.
2
Enable anti-phishing code. Every email from Binance will include a unique code, so that you won’t mistake a fake message for a legitimate one. Be sure to also train your employees on how to spot and report phishing attacks.
3
Monitor account activity. Record all login attempts and actions across teams. Maintain a clear audit trail and prevent internal misuse for accountability.
4
Set up a withdrawal address. Strictly allow withdrawals to pre-approved addresses to block unauthorized transfers.
5
Keep your API keys safe. If you decide to use API keys later, either for controlling user access or customizing workflows, treat them like your password and 2FA.
Initially, implementing these security measures can be a hassle. But once everything’s up and running, you can focus on seizing opportunities rather than worrying about vulnerabilities.
Looking for more in-depth information on related topics? We have gathered similar articles for you to spare your time. Take a look!
How to Open a Binance US Corporate Account
Binance.com is not available in the US, but Binance.US is. Some people assume that the latter is a localized adaptation of the former, but in fact, both are completely separate entities.
Binance.com operates under Binance Holdings Ltd. Meanwhile, Binance.US falls under the supervision of BAM Trading Services, a subsidiary in Florida licensed by Binance.
On the US platform, to comply with strict regional regulations, you can only access basic spot trading, OTC services, staking, and instant buy or conversion. Meanwhile, on Binance, you can do a lot more, from futures to margin trading.
📚 Read More: A Deep Dive Into Binance Futures Trading
Nevertheless, Binance.US remains a practical option for businesses seeking exposure to the crypto market while staying within the boundaries of the US regulatory framework. Here’s how to set up a corporate account, also known as an institutional account, on this particular exchange:
-(2).jpg "How to open Binance corporate account: the Secure Account step when creating a Binance.US Institutional Account.")
- Your company's legal name;
- Business email and phone number;
- State and date of formation;
- Organizational identification number;
- Tax country.
After entering all the necessary information, click [Next].
Once you’ve filled these out, click [Next].
-v1.jpg "How to open Binance corporate account: providing details about the UBO on Binance.US.")
Complete the mandatory fields, such as the UBO or control person’s full legal name, email address, phone number, company position/title, gender, SSN or tax ID, country of taxation, and date of birth. Double-check before clicking [Next].
The data you enter must match the proof of address you’ll upload later on.
At the top of the page, download the Beneficial Ownership form. Fill it out, and make sure it is signed and dated by your company’s UBO. Click [Save and Complete Later] if you want to pause, take a coffee break, and return to the form. Re-upload the completed form on the same page along with a copy of the UBO’s ID.
Phew, that’s a long and winding process, but not for nothing. Now, you’re ready to set your crypto business operations in motion.
📚 Read More: How to Use Binance in the US
How to Change Binance Personal Account to Entity Account
Can you actually do this? No, you can’t. Some people, though, are traders who transition into entrepreneurs. If that’s the case, one possible workaround is to delete your account and use your email for a new Binance corporate account.
A word of caution: this move isn’t without its risks. There are a couple of precautions you should take:
1
Empty your account. Withdraw from Binance and transfer your funds to another exchange or a secure crypto wallet, such as a hardware solution like Ledger Flex, for maximum protection. Ensure that your withdrawal request is fully completed before initiating the process.
2
Cancel all open positions. Do not engage in any loans, market trades, or earning activities.
3
Save your trading records. Keep copies of invoices, statements, and other history for future reference.
Once your balance is 100% empty and all of your holdings are moved, it’s time to initiate the account deletion sequence. You can do this on either the Binance app or desktop.
If you wish to do it via mobile:
![How to open Binance corporate account: the option to [Manage Account] under Security on Binance mobile.](https://assets.bitdegree.org/images/how-to-open-binance-corporate-account-manage-account.jpg "How to open Binance corporate account: the option to [Manage Account] under Security on Binance mobile.")
![How to open Binance corporate account: the [Delete Account] option on Binance mobile.](https://assets.bitdegree.org/images/how-to-open-binance-corporate-account-delete-account-binance.jpg "How to open Binance corporate account: the [Delete Account] option on Binance mobile.")
![How to open Binance corporate account: the yellow [Delete Account] button on Binance mobile.](https://assets.bitdegree.org/images/how-to-open-binance-corporate-account-delete-button.jpg "How to open Binance corporate account: the yellow [Delete Account] button on Binance mobile.")
Well, there it goes - your Binance account just left the chat. Now, if you don’t like pulling this serious stunt on mobile and prefer the commitment of a full-sized keyboard, the PC route is for you.
![How to open Binance corporate account: the [Security] tab on the left sidebar on Binance web.](https://assets.bitdegree.org/images/how-to-open-binance-corporate-account-security.jpg "How to open Binance corporate account: the [Security] tab on the left sidebar on Binance web.")
![How to open Binance corporate account: the [Delete] button next to Delete Account under Account Management on Binance.](https://assets.bitdegree.org/images/how-to-open-binance-corporate-account-delete-account.jpg "How to open Binance corporate account: the [Delete] button next to Delete Account under Account Management on Binance.")
.jpg "How to open Binance corporate account: security verification on Binance web.")
Next in line is to register your entity, following the steps on how to open a Binance corporate account in the previous section.
Overall, I wouldn’t recommend going through all this trouble just to set up a Binance business account, especially when it’s much faster to create a new email. Aside from the obvious risk of financial loss, every step is irreversible. On top of that, using your personal email for a business account is not advisable.
TIP: Think of this approach as a doomsday protocol. Only use it if you have absolutely no other option.
Binance Corporate Account Benefits
While researching the best enterprise-ready exchanges, you’ll come across several candidates, each with its own strengths. This time, let’s see why Binance stands out as a prime choice for your consideration:
📚 Read More: Best Cryptocurrency Exchange
Large Asset Catalogue
Binance houses one of the most sprawling asset marketplaces in the world. Businesses can tap into 1,900+ spot and futures contracts to diversify their portfolios without having to hop between exchanges.
From niche assets to top market cap runners, here’s a look at the coins or tokens you can trade on Binance:
As you can probably tell, Binance carefully curates the assets it lists. Any Web3 project must meet the platform’s specific and rigorous criteria, which revolve around factors such as fundamental quality, transparency, compliance, and market integrity. This approach helps protect enterprises from dabbling with crypto that lacks credibility.
It’s no coincidence, though never a guarantee, that a token’s value rapidly surges once it earns a spotlight on Binance Launchpad. Backed by the exchange’s strong reputation and rigorous vetting process, your business gains the upper hand by operating in a space that prioritizes trust, transparency, and scalability.
Robust Features
Not only spot and futures trading, but Binance also provides access to advanced strategies such as options, hedging, and margin trading. Beyond that, it also offers much more.
First, if your business needs to execute large-volume trades without interrupting the open market, Binance has an OTC service with secure settlement and competitive pricing. It also has a Liquidity Program that’ll incentivize whales with potentially lucrative rebates.
Not to mention the Portfolio Margin feature that will seamlessly unify balances across your enterprise treasury accounts. This is complemented by flexible Funding Options to optimize capital allocation.
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Table: Binance's features
And if your business is still taking baby steps into crypto, Binance makes the journey easier with simple features like Fiat Solutions that support both local and global payment options.
On the other hand, complex digital asset strategies will benefit from Binance Wealth, an end-to-end wealth management solution that comes with secure custody, advanced reporting tools, and various investment products.
Deep Liquidity
A key Binance corporate account benefit runs deep in the exchange’s liquidity. As of writing, the platform records the following metrics:
24h Spot Trading Volume | $10B+ |
24h Futures Trading Volume | $45B+ |
Average Daily Trading Volume | $88B+ |
Table: Binance’s performance metrics
Even for large trades, the exchange’s massive trading volume allows your business to manage risk by smoothing out entries and exits from positions. Fast execution, paired with tighter spreads, helps your enterprise gain greater efficiency with less price slippage in every transaction.
Institutional Adoption and Partnerships
Binance might be a name that often spreads through word of mouth across Reddit and Telegram communities, but its influence extends far beyond retail chatter into the corporate world. The proof is in the numbers, as the platform saw a 97% year-on-year growth (as of writing) in registered institutional users.
The exchange plays a leading role in shaping the Web3 landscape and regulatory headwinds. It has secured 20+ licenses from some of the most respected regulatory bodies in the world, including the Autorité des Marchés Financiers (AMF) in France and the Australian Transaction Reports and Analysis Centre (AUSTRAC).
Expanding into other regions, Binance has signed a $2 billion investment deal with MGX to accelerate the adoption of crypto, blockchain, and emerging technologies in Abu Dhabi.
📚 Read More: Blockchain for Enterprises
As for strategic alliances with industry stakeholders, Binance has partnered with Circle, the organization behind USDC, to promote the mainstream use of stablecoins while strengthening each other’s foothold in the digital economy.
Binance is also stepping up to lead the change in cybersecurity. The said exchange is the first to join T3+, a global collaboration program launched by Tether, TRON, and TRM Labs to combat illicit activities. So far, this coordination has managed to freeze over $6M in Pig Butchering scams, setting a strong precedent for sector-wide enforcement.
Binance Corporate Account Fees and Limits
For any business, maintaining healthy cash flow keeps the ship afloat, and that depends on how well you strengthen your cash reserves. Binance’s low maker/taker fees and rebate programs might help you with that.
Check out the following article for more details on Binance fees.
First off, trading rates for spot remain flat at 0.1% with a 25% reduction if you use BNB. Meanwhile, futures fees are 0.02% for makers and 0.05% for takers, and options fees are 0.24% each.
As for OTC, there are no direct fees, but you might need to pay for spreads. In this scenario, the buying price might slightly be above market value, while the selling price might slightly be below it to avoid slippage.
Interestingly, Binance has a multi-tier VIP program for businesses that trade in the millions to billions. The discount can be as huge as 75% across Spot, Futures, and Margin markets for the first 30 days.
Regarding Binance corporate account limits, the minimum or maximum deposit/withdrawal amount mainly hinges on the trading pair or token.
Nevertheless, there’s an ongoing promotion until the end of 2025 for a trading fee rebate voucher (up to $5,000) for those who deposit at least $1,000,000 in eligible assets within the first month.
Lastly, for Institutional Loans, Binance incurs 0% interest on borrowed funds, with a cap of 10 million. This program lets you tap into 400 assets across Spot, Margin, and Portfolio accounts with up to 4x leverage.
Taken together, Binance offers a wide range of benefits, including competitive fees, VIP discounts, and trading rebates. You just need to know where to look and match the right solution to your business needs.
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Conclusions
The process on how to open a Binance corporate account is pretty clear-cut once you grasp the steps. By signing up with your corporate email, identifying related parties, uploading documents, and signing the declaration, you’ve completed a sequence of requirements that make your business ready to compete in Web3.
But Binance corporate account opening is only the first step. The real challenge lies in understanding which features best align with your organization’s goals. So, take your time to research and map the solutions to clear objectives.
Access top-tier institutional solutions, from OTC for block trades to Portfolio Margin for treasury efficiency, by getting started on Binance today!
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. Poskriakov, F., Chiriaeva, M., & Cavin, C. L.: ‘Cryptocurrency Compliance and Risks: A European KYC/AML Perspectives’;
2. Highbee, A.: ‘The Role of Cryptocurrency in Cyber-Crime’.
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Whether or not the cryptocurrency exchange offers an opportunity for investors to observe the trading behavior of their peers.