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How to Generate a New Binance Address

May 05, 2023 | 0 Minute Read

Privacy is essential for every cryptocurrency user. In light of this, you may be wondering how to generate a new Binance address without linking every address you have to the same deposit address.

The Limitations on Binance Addresses

Unfortunately, generating a new Binance address is not possible for regular users.

VIP Status and Sub-Accounts

However, if you achieve VIP1 status on Binance, you can create sub-accounts, each with its own unique deposit address. To become a VIP1, you need to hold >= 25 BNB and meet one of the following “VIP Program” requirements.

For details of becoming VIP, check Binance Support Page

Conclusion

While Binance is a popular exchange, it may be worth considering other exchanges with more deposit address flexibility, such as Bitfinex or Okex. Exploring alternative platforms can help enhance your privacy when managing cryptocurrencies.