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Binance account

No Binance account? Let’s open one together.

UMRAYS trades on your Binance account. If you don’t have one, you can open it with the steps below. The button takes you straight to Binance’s official sign-up page; the link contains no referral code.

Open an account on Binance binance.com · opens in a new tab
Binance doesn’t offer the same services in every country; some products (e.g. Futures) may be unavailable where you are. Before you sign up, check on Binance what applies in your country.

Sign up

On Binance’s sign-up page, enter your email address or phone number; you can also sign up with your Google or Apple account. Accept the terms of use and enter the 6-digit code you receive within 30 minutes. Your password should be at least 8 characters long and include at least one uppercase letter and one number.

You can’t change the account type (personal or business) later. If you’ll trade in your own name, choose a personal account.

Turn on two-factor authentication

Binance recommends turning on at least one verification method to protect your account; the strongest is an authenticator app (Authenticator). Don’t skip this step: Binance also asks for verification when you create an API key.

Verify your identity

Identity verification is required to trade on Binance. Go to the identity verification section in the account menu and start the verification:

  • Select the country you live in and the document type. In most countries, a passport, ID card or driver’s license is accepted.
  • Upload the front and back of your document.
  • Do the short face check: no hat or glasses, your whole face visible, good lighting.
  • Check that your details match your document; you can’t change them after you confirm.
The review usually finishes within 48 hours, but it can sometimes take longer. You’ll get the result by email or notification.

Open a Futures account

Only needed if you’ll use Futures. On Binance, go to USDⓈ-M Futures from the derivatives menu and open the account. Binance may first ask you to take a short quiz on leverage, liquidation and funding fees. If you’ll only use Spot, skip this step.

Add funds

Deposit money from the Wallet section. If you’ll use Futures, transfer the amount from your Spot wallet to your Futures wallet. The bot uses the balance in the wallet of the market it trades in.

Create your API key

Last step: in API Management on Binance, create a key for UMRAYS and enter it in the Launcher. Permissions:

OnReading (on by default)
OnFutures trading · if you’ll use Futures
OnSpot trading · if you’ll use Spot
Keep it offWithdrawals · UMRAYS doesn’t use this permission

Detailed steps: Setup guide

Menu names and their order on Binance may change over time. If you can’t find a step, check the current instructions on Binance Support or write to us. Write to us

Ready? Get started.

Open your account, verify your identity, then move on to the UMRAYS setup guide.