Binance provides "multiple methods" for Russians to convert local currencies into crypto, including through its exchange and a peer-to-peer market, in response to the report. Organising a factoring account usually takes one to 2 weeks and entails submitting an utility, an inventory of clients, an accounts receivable aging report and a sample bill. Opening an account just isn't laborious in binance, anyone who has a legitimate KYC element can open an account in binance and may start trading in binance. Who can open a binance account? Open the binance app and click on login or register. Click on register. Now enter your electronic mail address and password for the account. Select the currency you want to stake, and they will show you the annual yield for simply holding your foreign money within the Pool X account.