The Binance exchange is one of the largest platforms for trading cryptocurrency, which is used by traders from all over the world. It is the courses of this platform that most traders focus on when buying cryptocurrency. At the time of writing, the site has more than 1 million active users every day.
Some users are interested in whether it is possible to have multiple accounts on the binance? This may be necessary for testing bots, circumventing limits for unverified users, and many other purposes. In this article, we will analyze in detail how to create a second account on binance and whether it is generally possible to have multiple accounts on binance. But about everything in order.
Is it possible to have multiple accounts on the binance?
Officially, it is forbidden to have 2 accounts on the binance. For violations of this rule, you can get a ban along with the balance. If you need a second account on binance, then the exchange offers to create a subaccount for this.
To create a subaccount, you must have a verified account with the VIP 1 status. You can get this status if your trading volume for the month is at least 50 BTC. If you trade large volumes, it will not be difficult to create a second account on binance. In total, you can have no more than 200 subaccounts. When transferring funds between your accounts, no commission is charged.
However, this situation will not suit many people, since most traders have much smaller monthly volumes. In this situation, you can create a second binance account in the standard way, but use it carefully.
How to create a second account on Binance without the risk of being banned?
They can ban for several accounts on binance only if the administration notices a relationship between them. The main parameter that can give a trader is the IP address. Therefore, before creating a second account on the binance, it is necessary, first of all, to change the IP. To do this, it is best to use VPN services or proxy servers. If you are going to use the second account on binance, I recommend using an inexpensive proxy server.
Important! Do not forget to change the IP address before each login to the second binance account.
The second parameter that you need to pay attention to is the registration data. It is optimal to register with the mobile operator of the country with the IP that you will use the exchange. In this case, it will be impossible to get to the account. To do this, you can use SMS activation services. For example, on the website sms-man.com mobile operators are available to register for Binance from more than 200 countries. The price of the number for passing SMS activation on the binance is only 50 rubles. You can even pay for the order with cryptocurrency.
Important! After registration, immediately go in and install two-factor authentication instead of SMS confirmations. Since the virtual number is issued only for one-time registration. Otherwise, you can rent a number for a certain period to receive any number of SMS messages.
If you change the IP address and register an account with a virtual number from this country, you can have several working accounts on the binance exchange without any risks.