Helping You Open a Crypto Exchange Account
Estimated Time to Completion:
24 hours
Miss this step?
Do you have a Bitcoin wallet?
Before creating an account at an exchange, you should have a Bitcoin wallet. Bitcoin wallets are free to use and they allow users to store and transfer Bitcoin securely. Our recommended wallet is Exodus.
Which Exchange is Right for Me?
A bitcoin exchange is the easiest way to buy, sell and trade Bitcoin. Not all exchanges are created equal, however, so our team of experts have reviewed the top exchanges based on security, reputation, payment methods and fees. We’ve listed the best exchanges for buying Bitcoin below.
CRYPTOVANTAGE'S RECOMMENDED EXCHANGE
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Kraken
- Trustworthy exchange with low fees
- High trading volume
- Global exchange that accepts residents from the majority of Asian and African countries
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Create Your Account
To create a Kraken account you will need to provide an email, username, password and country of residence.
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Account Activation
After creating an account, you will be required to activate your account. An activation key will be sent to your email after creating an account.
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Select an Account Type
Kraken offers three different account types: Starter, Intermediate & Pro. Intermediate is recommended for higher limits and the ability to buy with fiat.
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Verify Your Account
Upon selecting an account type, you will need to verify your account by providing personal information and photo identification/proof of residence.
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Finish Setting Up Your Account
Upon being verified, you can now fund your account and purchase Bitcoin.
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2
Binance
- Easy sign-up process
- Lowest transaction fees of any major exchange
- Global exchange that is available to over 170+ countries
- Multiple deposit options including: wire transfer, bank deposit, debit/credit Card & crypto
Signing up for a Binance Exchange account is relatively easy and you can choose from two types of accounts, verified and unverified.
For an unverified account:
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Click Register button on Binance homepage
Enter your email address, create a password, accept Binance’s terms of use
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Click Create account
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Confirm registration through email
For a verified account, follow same steps as above, then:
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Login to your account and go to the User Center and click Identity Verification
Choose personal and fill in your details.
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Choose an ID type for document verification such as Passport or Driver’s License
Take a photo or upload a file of your document and take a photo of yourself. After uploading the required document and photo, click confirm. Binance will then review your submission as quickly as they can.
You will receive an email once your account has been verified.
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3
Bitstamp
- One of the longest-standing Bitcoin exchanges
- Serves over 3 million customers globally
- Available in the EU, US, India, South Korea & South Africa
- Accepts Wire Transfer & Credit Card
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“Register”
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Enter your email, first name, last name and agree to Terms of Use and Privacy Policy
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Check your inbox
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Enter your password and get verified
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Enter your personal information
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Upload documents to verify identification
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Enable extra security
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Helping You Open a Crypto Exchange Account
- Reliable user-friendly exchange
- Low trading fees
- Available in countries across Europe, Southeast Asia (Indonesia, Malaysia) & Africa (Nigeria, South Africa, Zambia)
- Accepts Wire Transfer
Buying Bitcoin Summary
- Download a wallet
- Open an account at an exchange
- Purchase Bitcoin at your exchange
- Send Bitcoin to wallet
- Use your Bitcoin