How to Open a Binance Account in Australia (2025)
If you’re based in Australia and looking to start your cryptocurrency journey, then Binance is the ultimate cryptocurrency platform to get your feet wet with crypto.
Binance is well-known as the leading crypto exchange, is trusted by millions of traders, has very low fees and holds a wide range of crypto trading tools.
The platform has also made a name for itself with its exceptional powerful trading tools.
Hence in this simple guide, you’ll learn how to open a Binance account as an Australian resident in 2025 and how you can claim exclusive rewards while at it.
Step 1: Go to the Binance Website
In order to register your Binance account in Australia, navigate to Binance's Australia official homepage and proceed to open your Binance account.
This is the official account for Australian users.
Step 2: Register your Binance account
You can find the “sign up” button on the top right of the Binance homepage.
Proceed to sign up your Binance account either by using your email or phone number. (Email is the best option).
Step 3: Verify Your Email or Phone No.
You’ll receive a verification code either sent to your email or your phone number according to your method of sign up or registration.
Input the verification code in the verification box.
Step 4: Set a Strong Password
Setting up a strong password for your Binance account is important. Make sure to use a password that has uppercase, lowercase, numbers and symbols for the best combination.
Proceed to accept Binance’s terms of service, and then create your Binance account.
On the next page, you’ll be prompted to enter a Binance referral code.
Feel free to use “431 277 160” that will reward new sign ups with a 20% lifetime discount on trading fees and you’ll also get a $100 welcome bonus.
NB: Make sure to enter the referral code during the sign up process as it’s impossible to use a referral code once you’ve already set up your Binance account.
Step 5: Complete Identity Verification (KYC)
KYC(Know your customer) is a required process when setting up your Binance account in Australia.
Completing Identity verification ensures users can access all Binance features without any restrictions.
In order to verify your identity, you’ll use your driver’s license or passport. The verification will also include a selfie/video verification and your home address & contact details.
To begin verifying your identity, navigate to “account” option that’s found by clicking on the user icon in your Binance dashboard.
You’ll then see the “identification” option on the bottom left of the page. Proceed to start the KYC process.
The whole verification process should take around a few minutes to a few hours.
Step 6: Set Up 2FA (Two-Factor Authentication)
In order to protect your Binance account, activating the Google Authenticator or SMS verification is necessary to ensure protection of your crypto assets.
Enabling this security feature is a guaranteed way to add that extra layer of security to your Binance account.
In order to set up 2FA, navigate to “account” then click on the “security” option next to identification.
Step 7: Deposit AUD and Start Trading
Upon successful verification, you can now get started with your trading journey on Binance.
As an Australian, you can deposit Australian Dollars (AUD) via PayID or Bank transfer.
You can then begin buying your desired crypto assets such as Bitcoin, Ethereum or Solana. And the 20% trading fee discount will be automatically applied whenever you’re trading.
Claim Your Binance $100 Welcome Bonus in 2025
In order to claim your $100 welcome bonus as an Australian user, use the referral code “431 277 160” and you’ll be eligible to receive 20% discount on trading fees and receive a $100 welcome bonus.
To receive these exclusive rewards, you’ll need to:
1. Sign up on Binance with this referral code “431 277 160”
2. Successfully complete identity verification.
3. Make your first deposit on Binance
4. Complete the simple tasks outlined in the Binance rewards hub.
These bonus rewards are credited in the form of USDT/token vouchers.
Frequently Asked Questions (FAQs)
1. Is Binance legal in Australia in 2025?
Yes. Binance is 100% legal in Australia and is registered with AUSTRAC and complies with Australian crypto regulations.
2. Can I deposit AUD into Binance?
Yes. Binance as of the writing of this article supports direct AUD deposits via PayID and bank transfer with zero fees.
3. Do I need to verify my identity?
Yes. Verification of Identity is required for compliance and access to full features including withdrawals and bonuses.
4. What happens if I forget to use the referral code?
Unfortunately, yow won’t be able to use the referral code again once you’ve created your Binance account. The 20% discount and $100 bonus are only available if you enter referral code "431 277 160" during registration. It cannot be added later.
Conclusion
If you’re an Aussie and you intend to open a Binance account, use this simple guide to get started with your crypto trading journey on Binance.
And to make your trading even smoother, use the referral code, “431 277 160” to reduce your trading fees significantly and get some exclusive bonuses while at it.
Binance offers a unique and advanced crypto trading platform making it a top choice for Aussies looking to enter the crypto market.
Get started with Binance here>>