To meet investor demands, most virtual currency exchanges support institutional/corporate/legal entity account registration. By submitting required company verification documents, you can potentially pass the review and obtain a corporate account.
This guide uses Binance Exchange as an example to explain the documentation and verification process for applying for a Binance corporate account. Let's dive in!
Table of Contents
- 1. Registering a Corporate Account on Binance
- 2. Required Documents for Binance Corporate Account
- 3. Binance Enterprise Verification: Basic Information
- 4. Binance Enterprise Verification: Personnel Details
- 5. Binance Enterprise Verification: Uploading Files
- FAQs
1. Registering a Corporate Account on Binance
Step 1: Go to Binance’s official website and click "Register," then select "Register Corporate Account."
Step 2: Enter your company name and select its legal structure. Confirm the registered company type.
Step 3: Input the company email and set a password. Use an email not previously registered on Binance.
👉 Learn more about Binance’s corporate account policies
Key Requirements:
- A registered company (UK, Taiwan, UAE, Saudi Arabia, offshore entities like BVI/Cayman/Seychelles).
- Prepared company documents (details below).
2. Required Documents for Binance Corporate Account
Submit these documents for verification (English-only or translated to English):
- Company Registration Certificate
- Memorandum & Articles of Association
- Shareholder Register (for equity >25% or issued within 12 months)
- Director Register (issued within 12 months)
- Account Operator/Trader Details (ID/passport, photo)
- Employment Proof
Required Forms:
- Ownership structure
- Sanctions questionnaire
- Authorization letter (template provided)
Note: Files must be in PDF format.
3. Binance Enterprise Verification: Basic Information
Under Enterprise Verification, follow these steps:
Company Name: Enter exact legal name, registration number, and date. Specify:
- Country/region
- Legal structure (e.g., LLC, Ltd.)
- Ownership details
- Funding Sources: Declare capital/wealth sources (e.g., "self-funded").
- Additional Info: Provide purpose (e.g., "crypto trading"), contact number, and company website (if applicable).
Tip: Double-check all entries before saving.
4. Binance Enterprise Verification: Personnel Details
Submit data for:
- Directors (ID + address proof)
- Ultimate Beneficial Owners (UBOs)
- Key Controllers
- Authorized Account Traders
Trader Verification:
- Upload a colored passport/ID photo (no screenshots/filters).
- Complete facial verification via Binance App.
👉 Need help with verification?
5. Binance Enterprise Verification: Uploading Files
Upload documents as prompted. Required files vary by jurisdiction.
Final Steps:
- Sign the authorization letter template.
- Agree to declarations and submit.
Processing Time: ~15 business days. Upon approval:
- Daily withdrawal limit increases to 100 BTC.
FAQs
Q1: Can I upgrade a personal Binance account to corporate?
A: No. Use a new email unlinked to any existing account.
Q2: What if my documents aren’t in English?
A: Translate them to English and submit as PDFs.
Q3: How long does verification take?
A: Typically 2–15 business days.
Related Binance Guides:
| Topic | Link |
|-------|------|
| Binance KYC Verification | Full guide here |
| Buying Crypto on Binance | Step-by-step tutorial |
For further assistance, visit Binance Support.