Binance sub-account setup & funding

Please follow the steps below to set up your Binance sub-account and submit your API credentials to the FinRev portal.

Note: these steps are only for existing FinRev users who have completed the onboarding process with a coach. For new account setups, these steps will be covered during your onboarding call.

Please take a look at the video walkthrough below.

Please take a look at the text version walkthrough below.

Go to your account management icon and select 'Sub Account'.

Click on Create Sub Account

Choose Virtual email

Note: This Sub Account will only be able to trade using API. (Preferred option)

Once you have a sub account created make sure that you Enable Futures on the Account

Funding Your Binance Account

The key steps are as follows: 

1. Buy cryptocurrency (e.g. USDT) with FIAT currency (i.e. USD, AUD, CAD etc). If your futures exchange does not offer this facility, buy crypto with a Fiat exchange first, such as Coinbase, Binance, Coinspot, Kraken, etc...

   
   

   [Note: some exchanges offer Fiat facilities to some countries but not others. You will need to check what's available in your location]. 

   
   

2. Swap your cryptocurrency for USDT (applicable if you've purchased or already own anything other than USDT, e.g. BTC, ETH, USD, AUD, etc..) 

   
   

3. Send your USDT to Binance (this only applies if you purchased on a different Fiat exchange)

   
   

   IMPORTANT: when sending cryptocurrency, you need to select a Network which is available on both exchanges. For USDT, the lowest fees will be on the TRC20 network. 

For a more detailed explanation, please watch the video guide below:

For more ways on purchasing cryptocurrency & transferring to your exchange, please see the guides below:

How to setup & fund your Coinbase account

How to setup & fund your exchange using Cashapp

Transferring Funds into the Binance Sub account

Go to Asset Management of the Subaccount section and select the subaccount and click on Transfer IN

Make sure you transfer from where you have your USDT, usually is you Main Spot account into your subaccount USD-M Futures

Note: please click here to find our guide on connecting Binance to FinRev via API.

If you are experiencing difficulties with the steps outlined above, you can contact us at: [email protected]