How to Create and Verify a Binance Account in Saudi Arabia

Introduction—Binance Verifying

Cryptocurrency is no longer just a trend; it has become a global financial reality. From the United States to Asia, millions of people are investing in digital currencies like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and BNB. Saudi Arabia, being one of the strongest economies in the Middle East, is also witnessing a rise in interest toward cryptocurrency trading.

However, before entering the crypto market, traders in Saudi Arabia need a reliable and secure platform. This is where Binance, the world’s largest crypto exchange, comes into play. With its low fees, wide coin selection, and advanced features, Binance has become the first choice for many Saudis.

In this detailed guide by HoorInfoPro, you will learn:

• What Binance is and why it’s popular in Saudi Arabia
• Whether Binance is legal in the Kingdom
• Step-by-step process of creating and verifying an account
• Security tips, deposit/withdrawal methods, and common mistakes to avoid
• FAQs to clear your doubts

Let’s get started!

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What is Binance?

Binance is a cryptocurrency exchange founded in 2017. Today, it has millions of users worldwide and processes billions of dollars in trades every day.

Why Binance is Popular Among Saudi Users

• Low Fees: Just 0.1% per trade, one of the cheapest in the world
• Huge Variety: More than 350 cryptocurrencies listed
• P2P Trading → Buy and sell crypto directly in Saudi Riyal (SAR)
• Security → Tools like 2FA, withdrawal whitelist, and SFU fund (insurance against hacks)
• Mobile Friendly → Easy-to-use apps in English and Arabic

👉 Simply put, Binance combines affordability, security, and accessibility.

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Is Binance Legal in Saudi Arabia?

This is one of the most common questions asked by beginners.

• The Saudi Arabian Monetary Authority (SAMA) does not officially recognize cryptocurrencies as legal tender.
• However, there is no official ban on trading crypto using platforms like Binance.
• Thousands of Saudis already use Binance for P2P transactions, buying Bitcoin, or investing in stablecoins like USDT.

⚠️ Important Note: Crypto is considered a high-risk investment. Regulations in Saudi Arabia may change in the future. Always trade carefully and stay updated with government announcements.

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Binance vs Other Crypto Exchanges in Saudi Arabia

Feature	Binance	Coinbase	KuCoin	LocalBitcoins (P2P)
Trading Fees	0.1% per trade	1.49% per trade	0.1%–0.2%	Depends on seller
Number of Coins	350+	200+	300+	Limited
Mobile App	Yes (Arabic & English)	Yes	Yes	Yes
P2P Support	Yes (SAR available)	Limited	Yes	Yes
KYC Verification	Required	Required	Required	Sometimes optional

👉 As the table shows, Binance offers more coins, lower fees, and better local support than many competitors.

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Requirements

Before signing up, prepare the following:

• Valid email address or Saudi mobile number
• A strong password (8+ characters, mixed case, numbers, symbols)
• Government-issued ID for verification:
  • Saudi National ID
  • iqama (for expats)
  • Passport

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Step-by-Step Guide: How to Create Account

Step 1: Visit Binance

Go to Binance.com on your browser, or download the official app from the App Store (iOS) or Google Play (Android).

Step 2: Click “Register.”

Tap on the yellow Register button.

Step 3: Choose Sign-up Option

• Register with email address OR
• Register with Saudi phone number

Step 4: Set a Strong Password

Use a secure password (e.g.).

Step 5: Agree to Terms

Tick the box to accept Binance’s User Agreement.

Step 6: Enter OTP

Binance will send a One-Time Password (OTP) to your email or phone. Enter it.

🎉 Account Created!

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Securing Your Account

Creating an account is not enough—you must protect it.

1. Enable Two-Factor Authentication (2FA)
   • Use Google Authenticator or SMS verification.
2. Set Anti-Phishing Code
   • This adds a custom code to all Binance emails so you can detect fake ones.
3. Enable Withdrawal Whitelist
   • Allow withdrawals only to trusted wallet addresses.
4. Avoid Public Wi-Fi
   • Hackers can easily target accounts on open networks.

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Binance KYC Verification (Step by Step)

Step 1: Go to Verification Center

Log in → User Center → Identification.

Step 2: Select Country

Choose Saudi Arabia.

Step 3: Upload Documents

Upload a clear photo of:

• National ID, iqama, or Passport

Step 4: Facial Recognition

Complete a face scan using your phone or webcam.

Step 5: Wait for Approval

• Normal time: 1–24 hours
• Busy time: Up to 3–5 days

👉 Tips for Faster Verification:

• Upload clear photos
• Ensure stable internet
• Use the latest Binance app version

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Deposits and Withdrawals

How to Deposit

• Transfer crypto from another wallet
• Use P2P trading to buy USDT, BTC, or ETH with Saudi Riyal

How to Withdraw

• Withdraw crypto to your wallet
• Use P2P to sell crypto for SAR

⚠️ Currently, direct Saudi bank card deposits may be limited. P2P is the most common method.

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Beginner Mistakes to Avoid

1. Using weak passwords
2. Falling for fake Binance apps/websites
3. Not completing KYC (limits features and withdrawals)
4. Trading without research
5. Investing all money in one coin

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Advantages

• Higher withdrawal limits
• Access to full P2P marketplace
• Easier account recovery if hacked
• More trust and credibility

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Conclusion

Creating and verifying a Binance account in Saudi Arabia is simple if you follow the right steps. With account verification, you unlock full access to Binance features like P2P trading, higher limits, and stronger security.

Whether you’re a beginner exploring crypto for the first time or an experienced trader, Binance provides a secure and user-friendly platform for Saudi users.

For more guides on cryptocurrency, finance, and technology in the Middle East, visit HoorInfoPro.

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FAQs

Q1: Can I use Binance without verification in Saudi Arabia?
Yes, but you will have limited withdrawal limits and cannot access P2P trading.

Q2: Which documents are accepted for Binance KYC?
Saudi National ID, iqama, or passport.

Q3: How long does Binance verification take?
Normally 1–24 hours, but in busy times up to 5 days.

Q4: Is Binance safe for Saudi Arabian users?
Yes, Binance uses advanced security features like 2FA, the SFU fund, and withdrawal whitelists.

Q5: Can I use a Saudi bank card on Binance?
Direct deposits with Saudi cards may be restricted, but you can always use P2P trading in SAR.

Q6: Is cryptocurrency trading taxed in Saudi Arabia?
Currently, there is no clear taxation on crypto, but future regulations may introduce it.

Q7: Can expats in Saudi Arabia use Binance?
Yes, expats can verify with their iqama or passport.

Q8: What is the safest way to buy crypto in Saudi Arabia?
P2P on Binance with verified traders is the most common method.

Q9: Can I withdraw directly to my Saudi bank account?
Not directly. Instead, sell crypto on P2P and receive SAR in your bank account.

Q10: What if my verification is rejected?
Re-upload clearer documents, check details carefully, and contact Binance support if needed.