Is it possible or impossible to create multiple Binance accounts ?

Launched in 2017, Binance now is the largest decentralized cryptocurrency exchange platform in the world. Traders use Binance to buy, sell, swap, and hold cryptocurrencies. 

Each trader is allowed to have only one account as registering and joining this online exchange platform.

Still, there are several reasons that make some traders interested in having a second Binance account or even multiple Binance accounts.

This is maybe essential for those who want to test trading bots, circumvent limits for unverified users, and many other purposes. 

Besides, you can earn passive income with crypto in many ways. You can read it in our blog here.

So, is it possible or impossible to create multiple Binance accounts? We’ll analyze this in much more detail in this article. Then, you will gradually uncover the unknown and soon find the solutions. 

The answer is no. In Binance Account Registration and Requirements part, they mentioned that by registering and opening a Binance account, traders agree to provide complete and accurate information. And more importantly, each user may maintain just only one main account and can open one or more subaccounts under the main account (which we’ll explain later for you in the next part). 

Thus, having two or multiple Binance accounts is forbidden. But if you still want to break the rules by finding every way possible to have the second main account or even multiple Binance accounts, then what will happen once they find out? Both your accounts or more (if you open more than two) will all be banned including your original one and they also seize your funds if you still have the balance in your accounts.

Well, according to what we have known, there are two main methods divided into legal and blackhat.

Binance doesn’t allow you to have a second main account but they offer sub-account feature for all corporate users and individual accounts who want to have one or more subaccounts. 

So what must you have to be eligible to create a sub-account?

If you open as an individual, you must have a verified account with the VIP 1 tier or higher to activate it. In addition, your trading volume for the month is at least 50 BTC (bitcoin). In fact, it’s a large trading number and too much for an average user as not many traders can trade up to 1 BTC not to mention 50 ones. They offer this just because they know it’s not easy for all of the traders to have subaccounts because they have much smaller monthly volumes.

By opening subaccounts, you can have a maximum of 200 and are allowed to trade through multiple accounts. There are no fees for transferring funds between each sub-account.

This method is not suitable for everyone because of the high conditions required for opening subaccounts. But it’s legal and secure.

If you’re interested in the sub-account feature and wanna know more about it, then this article will be truly useful for you.

Besides the legal method, there still has the blackhat way to open a second account or multiple Binance accounts. To do this, you need at least 3 factors below: 

You need to use different verification documents separated from the main first account like phone number, email address,... and other personal information to register a new account. 

But if you just only do that, it is easy to be detected. You wonder why? It’s because you still use the same IP that you use for your first account. 

Hence, this factor is a necessary but not a sufficient condition to protect your accounts from getting locked. 

That’s why we need another factor to fix that which called VPN or proxy. 

Because of the IP problem that we already mentioned above, thereby, you should use a VPN or proxy service to change it, which requires a more complicated process with your effort and money. 

You still need to use separate verification documents but match them with different IP. 

First, you need to have a phone number or email address that has a different IP using a VPN or proxy for the second account. Because you will have to use that data to register a new account on Binance.

Remember to register with the mobile operator in the country which needs to be compatible with the IP you choose for the second account. You also need to use SMS activation service to receive messages in case they send the verification code to your phone number. Go in and install two-factor authentication instead of just only SMS confirmations. 

If it’s a virtual number, it is just issued only for one-time registration. Otherwise, you can rent a phone number for a certain period of time to receive any number of SMS messages. Or if you have any friends outside of your country, you can ask them to help you with the phone number code by sending it to you. Just make sure your IP is the country your friends are living in. 

If you use VPN to change your IP, just remember to switch the IP that you use for the second account before logging in to it. But it’s sometimes easy to forget to do it. So the best and easier way is to use separate devices for both or multiple Binance accounts. 

If you use proxy to change your IP, you can use antidetect browser like Hidemyacc which has a feature to add proxy so that each time you log in, there is no need to remember to switch the proxy. 

So you think all of that is enough to avoid being detected? No, that just lowers the risk and doesn’t mean it doesn’t exist. Because they still can detect you by cookies or browser fingerprints and many other things. 

Thus, the third factor will fulfill and meet your need. It is antidetect browser. 

Antidetect browser is the software that allows you to create multiple different accounts and browsers; change your real browser fingerprints by creating unique digital fingerprints with separate parameters for each individual profile to hide your real identity. 

So if you use antidetect browser, it will be more difficult to be detected because it emulates many things such as user agent, browser of different operating systems, WebRTC, hardware parameters,... to hide your real identity. 

If you combine all of these factors and do this well enough in each step with your carefulness, the risk of being detected will be minimized. 

Even if you already done all of that, you still need to be very careful each time you search and use the website to avoid being duplicated the information you provide between two or multiple Binance accounts. 

However, the blackhat method is not recommended because you can lose your accounts with all your assets in the wallet once the administration finds any signals linked between two or multiple Binance accounts. So be very careful! 

Now, you can all know that there are still possibilities to create multiple Binance accounts. However, it’s not an easy task to execute no matter what method it is. Each method has its own pros and cons. We all provide the information you need and warn you of the risk as well. Now, your turn! Think, read instructions and prepare carefully before leaning into it.