How to set up a Binance Corporate account? (Business trading)

Eligibility Requirements for Binance Corporate Accounts

1. The entity must be a legally registered business in a jurisdiction recognized by Binance’s compliance framework.

2. Proof of incorporation, such as a certificate of registration or business license, must be submitted in English or with a certified translation.

3. A valid tax identification number or equivalent government-issued business identifier is mandatory for all jurisdictions.

4. At least one authorized signatory must hold a verifiable identity document and pass Binance’s enhanced due diligence (EDD) process.

5. Entities operating in restricted sectors—including gambling, adult content, or unregulated financial services—are automatically disqualified.

Document Submission Protocol

1. Business license or certificate of incorporation must be issued within the last 12 months and bear an official seal or digital signature.

2. Articles of association or memorandum of understanding must include clear definitions of ownership structure and director authority.

3. Bank statements or utility bills—no older than three months—must reflect the company’s registered address and legal name.

4. A signed corporate resolution authorizing specific individuals to act on behalf of the entity must be notarized and dated.

5. Shareholder disclosure forms are required for any individual holding more than 25% equity or control rights.

Verification and KYC Workflow

1. Each designated representative must complete individual KYC using facial biometric verification and live ID scanning.

2. Binance’s automated system cross-references submitted documents against global sanctions lists and adverse media databases.

3. Manual review may trigger additional requests—such as source-of-funds documentation—for entities exceeding USD 100,000 monthly trading volume thresholds.

4. Verification status updates appear in real time via the corporate dashboard; delays beyond five business days indicate incomplete or inconsistent submissions.

5. Rejected applications require full re-submission; partial resubmissions are not accepted under current policy.

Account Configuration and Access Controls

1. Role-based permissions can be assigned to up to 20 team members, with granular controls over fund transfers, API key generation, and order execution.

2. Whitelisted withdrawal addresses must be pre-approved and verified through a dual-signature confirmation process.

3. API keys generated under the corporate account inherit the entity’s compliance tier and cannot bypass rate limits or trading restrictions.

4. Multi-factor authentication is enforced at both organizational and user levels; SMS-based 2FA is disabled for corporate accounts in favor of TOTP or hardware tokens.

5. Audit logs record every login, trade, withdrawal, and configuration change—with immutable timestamps and IP geolocation metadata.

Frequently Asked Questions

Q: Can a sole proprietorship register as a corporate account? No. Binance defines corporate accounts strictly as entities with separate legal personality—sole proprietorships, general partnerships, and DBA structures do not qualify.

Q: Is there a minimum capital requirement to activate a corporate account? Binance does not impose a minimum deposit threshold, but accounts remain inactive until at least one verified representative completes full KYC and the business license passes validation.

Q: Are sub-accounts supported under a single corporate umbrella? Sub-accounts are not permitted. Each legal entity requires its own distinct corporate application and verification cycle—even if subsidiaries share parent-company ownership.

Q: What happens if a director resigns during active trading? All access tied to that individual is revoked immediately. Replacement authorization requires submission of updated corporate resolutions and re-verification of the new appointee.