Beginner's Must-Read! 2026 Binance Exchange Registration Full Guide [Referral Code PHYREY] Taiwan User Benefits

Before you create your account, make sure you have the following ready:

• Your Taiwan National ID card or passport with clear chip and photo.
• A phone number and email address you control and can access immediately.
• A secure browser with the official Binance link saved as a bookmark.
• The referral code PHYREY written down or copied somewhere safe.

Security note: Only register through the official green website or the link provided in this guide. Phishing sites often imitate Binance with near-identical URLs, fake logos, and fake support agents. If a site asks you to download an APK outside official app stores, leave immediately. This is the first layer of losing money before you even fund your account.

Follow these actions in order:

1. Open the official Binance registration page in a new browser tab.
2. Enter your email address or mobile number. A Taiwan phone number works with the international code.
3. Create a strong password with upper and lowercase letters, numbers, and symbols.
4. In the referral code field, enter PHYREY. If the field is hidden or auto-filled by the link, double-check that it is not blank before submitting.
5. Complete email or SMS verification with the 6-digit code sent to you.

If you accidentally skip the referral field, Binance cannot retroactively apply most sign-up bonuses after the account is funded. Do not make your first deposit until you have confirmed the code is recorded on your profile or fee page.

After login, go to the verification center and select Taiwan as your country/region. You will need:

• National ID card front and back in clear, well-lit photos.
• A selfie or face scan when the system prompts for liveness detection.
• Occasionally a proof of address, such as a bank statement or utility bill issued within 3 months.

Most Taiwan users are verified in under 30 minutes during normal business hours. Do not use a VPN that hides your location if it conflicts with the country you submitted. That can trigger additional manual review and delay your access to deposits and withdrawals. This is not a problem for genuine Taiwan residents on a standard connection, but using a Hong Kong or Singapore exit node can look suspicious.

Binance does not support direct TWD fiat bank deposits in many cases. The most common routes for Taiwan beginners are:

• P2P marketplace: Buy USDT directly from other users using Taiwan bank transfer, mobile payment, or other local methods. Select a merchant with a high completion rate and positive reviews.
• Credit/debit card: Fast but typically charges 1.8% to 3.5% in card processing fees.
• Third-party services: Some Taiwan users route through services like Bifinity or Advcash, but availability can be limited and additional KYC may apply.

Risk warning: P2P fraud is real. Never release a payment before Binance confirms the crypto is escrowed in the trade. Never continue conversations outside the official Binance chat or agree to private payment links. Use the official P2P appeal channel immediately if anything feels off.

After your USDT arrives, use the Spot or Convert feature. For absolute beginners:

• Go to Trade -> Spot and select BTC/USDT.
• Use a limit order if you want price control instead of chasing market moves.
• Start with a small amount, such as 50 USDT, to learn execution and order types.

The referral code PHYREY automatically applies a 20% discount on your spot trading fees. You can verify this in your fee tier page or from the trade confirmation panel after each order. If you use BNB to pay fees, you can get an additional 25% fee reduction, which stacks with your referral discount in most eligible markets.

1. Phishing and fake support risks: Binance will never DM you first or ask for your password, 2FA code, or private key. Always type the URL manually or use the link provided in this guide. Verify the padlock icon in your browser.
2. Market volatility risk: Cryptocurrency prices can drop 50% in days. Never invest money you need within 12 months, and always use stop-loss or position sizing appropriate to your total portfolio.
3. Regulatory and tax risk for Taiwan users: Crypto income may be taxable in your jurisdiction. Keep records of every trade, transfer, and conversion for the 2026 filing year. Regulations can change quickly, so consult a Taiwan tax professional before large withdrawals or conversions back to TWD.