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Binance

The largest crypto exchange by volume

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The link above is a referral (affiliate) link.

At a glance

TypeOverseas exchange
KRW depositNot supported directly
Main productsSpot, futures, staking
Identity checkPhoto ID (KYC) required
AppiOS and Android

How signing up works

Create an accountSign up with an email address or phone number.
Verify your identity (KYC)Most features unlock only after ID and face verification.
Set up securityTurn on two-factor authentication before anything else.
Fund the accountAs an overseas exchange it cannot take KRW directly; people usually buy on a domestic exchange and transfer the coin.

Check these before you start

An overseas exchange cannot accept KRW directly. The usual route is to buy on a domestic exchange and transfer the coin, and choosing the wrong network (chain) at that step can lose the funds permanently. Always test the first transfer with a small amount and double-check both the address and the network.

Income earned on an overseas exchange is still taxable, and holdings above certain thresholds can trigger foreign account reporting duties. Sorting out the tax side before you start trading is far easier than doing it afterwards.

Frequently asked questions

What difference does a referral link make?

Signing up through a referral link can apply benefits such as a trading-fee discount. The exact benefit and its conditions change with exchange policy, so check what is shown on the sign-up screen itself.

How is it different from a domestic exchange?

The biggest difference is KRW in and out. A domestic exchange takes won directly through a verified bank account, while an overseas one needs you to transfer crypto in. In exchange, the range of listed assets and derivatives is usually wider.

What are the fees?

Fees depend on your volume, token holdings and the product, and the policy changes often. Rather than memorising a number, get into the habit of checking the official fee page before you trade.

This page is general information about the exchange and is not investment advice. Crypto carries the risk of losing your capital. Fees, benefits and supported features change frequently — always confirm the current details on the official site.
📚 Worth reading
🏦What to look at when choosing an exchange→ 📮Avoiding exchange transfer mistakes: network, address and memo→ 🌶️Why crypto prices differ between countries→ 🧾Crypto taxation: what records to keep→
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