How to open a Binance account in Pakistan? Cryptocurrency in Pakistan has gone from a niche discussion in online forums to a mainstream reality. Even though the laws are still unclear, Pakistan has quietly become one of the largest crypto adopters in the world. As of May 2025, over 40 million Pakistanis are actively using or holding cryptocurrency, placing the country in the global top five by user base. This growth tells us something simple: people in Pakistan are looking for better ways to save, invest, and move money.
And in the middle of all this stands Binance, the world’s largest crypto exchange by trading volume. If you are in Pakistan and you want to buy Bitcoin, Ethereum, or even stablecoins like USDT, you will most likely end up on Binance. But then comes the big question: How do you actually open a Binance account in Pakistan? And equally important: Is Binance legal in Pakistan, or is there a Binance ban in Pakistan you should worry about?
This guide will walk you through everything you need to know. We will break it down step by step, use simple words, and stay focused on what really matters.
Why Do Pakistanis Need a Binance Account?
Before we dive into the steps, let’s understand why opening a Binance account even matters. Pakistan’s financial system is not crypto-friendly. Local banks don’t allow direct crypto purchases. International cards are restricted. Payment gateways like PayPal do not operate here.
So how do people buy crypto? The answer: Binance.
Through Binance’s P2P platform, Pakistanis can buy and sell coins directly with each other, using JazzCash, Easypaisa, or bank transfers. It bypasses the banking system’s roadblocks and allows you to start trading within minutes.
And it’s not just about buying. Binance offers Pakistanis:
- Access to hundreds of coins.
- Spot trading, futures, and staking.
- A huge liquidity pool (easy to buy and sell at fair prices).
- Educational resources in Urdu.
In short: without Binance, crypto in Pakistan would still be in the shadows.
Is Binance Legal in Pakistan?
This is the question that everyone asks, and the answer is not black and white. Is Binance legal in Pakistan? The government has not officially legalized cryptocurrency, but it has not banned it either.
The State Bank of Pakistan (SBP) has said banks cannot process crypto-related transactions. That means you can’t use your bank card to buy Bitcoin directly. But they have not outlawed individual trading.
This is why Binance operates in a grey zone here. Binance Pakistan users can open accounts, trade, and even withdraw profits through P2P. But you always need to remember: there is no official regulation yet.
So technically, the answer is Binance is not illegal in Pakistan. But it is also not fully legalized.
That’s why whenever you hear about a Binance ban in Pakistan, it usually refers to small crackdowns or warnings from the authorities mostly around fraud cases or scams involving crypto. Binance itself is not banned; people are still opening accounts and trading daily.
Step-by-Step: How to Open a Binance Account in Pakistan
Now let’s move to the practical part. Opening a Binance account in Pakistan is simple if you follow the right steps. Here is the full walkthrough:
Step 1: Go to Binance Website or Download the App
Visit the Binance website or download the official app from Google Play or App Store. Make sure you are using the official version to avoid scams.
Step 2: Click on “Register”
You will see the “Register” button on the top right. You can sign up with your email address or mobile number. Both work fine in Pakistan.
Step 3: Enter Details and Create a Password
Add your email/phone, set a strong password, and agree to Binance’s terms. You will get a verification code on your email or phone. Enter it to confirm.
Step 4: Verify Your Identity (KYC)
Here’s the important part. To fully use your Binance account in Pakistan, you need to complete KYC (Know Your Customer) verification.
- Upload a picture of your CNIC or passport.
- Take a live selfie using the app.
- Wait for approval (usually within 24 hours).
Binance accepts Pakistani CNIC and passports without issue.
Step 5: Enable Two-Factor Authentication (2FA)
For safety, turn on Google Authenticator or SMS verification. This keeps your Binance account secure from hacking attempts.
Step 6: Deposit Funds via P2P
Since you can’t directly buy with a bank card, use Binance’s P2P marketplace. Here’s how:
- Go to “Buy Crypto” → “P2P Trading.”
- Select PKR as currency.
- Choose a seller offering JazzCash, Easypaisa, or bank transfer.
- Complete the trade, and your crypto will appear in your Binance wallet.
Step 7: Start Trading
Now you’re all set. You can buy, sell, trade, or hold coins. Beginners usually start with USDT, Bitcoin, or Ethereum.
Safety Tips for Pakistani Users
Opening a Binance account is easy, but staying safe is just as important. Here are some insider safety rules:
- Always use trusted P2P sellers with high ratings and a large number of completed trades.
- Never share your CNIC without a watermark. If you upload your CNIC for verification on Binance, it’s safe. But if a P2P seller asks for it, watermark it with “For Binance use only.”
- Enable 2FA and anti-phishing codes in your Binance account.
- Avoid too-good-to-be-true offers. Scammers often lure beginners with cheap rates.
Remember: Binance itself is safe, but your mistakes can make it risky.
Binance Ban in Pakistan – The Reality
Every few months, you hear headlines like “Binance ban in Pakistan.” But let’s separate noise from facts.
There is no official Binance ban in Pakistan as of 2025. The government sometimes issues warnings, especially when scams involve crypto. For example, when fraud groups used Binance wallets for Ponzi schemes, regulators sent notices. But they never fully banned Binance.
In fact, Pakistan has moved closer to regulation. The Pakistan Crypto Council (PCC) and Pakistan Virtual Assets Regulatory Authority (PVARA) were both announced in 2024 to create a framework for safe crypto use.
And here’s another fresh stat: over 10% of Pakistan’s population (26 million people) engaged in cryptocurrency trading in 2024. That number continues to rise in 2025. With this level of adoption, a full ban seems highly unlikely.
So, whenever you hear about a “ban,” think of it as temporary noise. Binance Pakistan remains active, and millions of accounts are running smoothly.
Advantages of a Binance Account for Pakistanis
Having a Binance account in Pakistan gives you access to opportunities that simply don’t exist in the traditional banking system. Some of the key benefits include:
- Huge selection of coins—from Bitcoin and Ethereum to hundreds of altcoins.
- Low trading fees compared to local exchanges.
- PKR support through P2P.
- 24/7 availability—trade anytime, anywhere.
- Liquidity—it’s easy to buy and sell without waiting.
- Educational tools—Binance Academy even has resources in Urdu.
For the average Pakistani, Binance is more than just an exchange. It’s a bridge to the global financial system.
Final Thoughts – Should You Open a Binance Account in Pakistan?
The answer is yes. If you want to access crypto safely and easily, Binance is your best option. While the laws remain unclear, there is no outright Binance ban in Pakistan. Millions of Pakistanis are already trading daily, and the trend is only growing.
If you’re asking, is Binance legal in Pakistan? The truth is it’s not fully legal, but it’s also not banned. It’s operating in the grey zone, and with proper precautions, you can use it without issues.
Opening a Binance account in Pakistan is simple. It takes a few minutes to register, verify your CNIC, and start trading through P2P. Once you’re inside, you’ll see why Binance Pakistan is at the center of the country’s crypto revolution.
Don’t stay on the sidelines while millions of Pakistanis are already trading. The process is simple, safe, and fast. Open your Binance account today and take the first step into the future of money. for more info, visit our news section.