How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (2024)

What is a Managed Sub-Account?

A Managed Sub-Account is an account type for investors who value flexibility in asset allocation and account application, while delegating trades to a professional trading team.

We provide the Managed Sub-Account feature to empower professional trading firms even more. In addition to enjoying VIP fees, this feature enables trading firms to realize greater flexibility of fund management, while safeguarding the trading strategies, order and transaction history.

Who should use the Managed Sub-account function?

The flexible operation of the managed sub-account not only meets the needs of investor account differentiation, but also supports investors to create multiple managed sub-accounts for different trading teams. The managed sub-account will also protect the trading strategies and the trading team's historical/commissioned orders will not appear in the investor's operating interface.

The managed sub-account can benefit both investors and professional trading firms.

1. Investors

Investors want to be able to entrust multiple trading teams to manage their assets, so they can create multiple managed sub-accounts tied to different trading teams and withdraw or book withdrawals at any time.

2. Trading team

The trading team can use multiple managed sub-accounts to run different trading strategies while managing assets for the investor, while protecting the trading strategies from disclosure.

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (1)

Managed Sub-Account Features

Managed Sub-Account Features

Investors

Trading Team

  • Allocate funds to multiple trading teams for asset management under your own management.
  • Trade with your own Binance account freely.
  • View managed asset balances at any time, and secure your own funds.
  • Schedule withdrawals from managed sub-accounts when needed.
  • Enjoy the trading level benefits of the VIP team.
  • Manage investors’ funds in multiple managed sub-accounts.
  • Trade all assets available to a standard account with APIs.
  • Protect the trading strategy/trading records.
  • Share VIP fee tiers with the trading team’s main account, and the trading volumes can be contributed to the fee tiers.

How to apply for a Managed Sub-account?

Managed Sub-accounts are exclusive for VIP users. If you want to apply the Asset Managed Sub-account function, please contact your account manager or email to vip@binance.com.

Frequently Asked Questions

1. Do Managed sub-accounts enjoy the same transaction fee discount as the main account?

Yes, the managed sub-account trading fee discount will follow the trading team and enjoy the trading level benefits of the VIP team, which will allow you to enjoy a more favorable fee when trading.

2. Can a managed sub-account investor withdraw assets?

Yes, investors can withdraw the funds allocated to the managed sub-account through the managed sub-account management function.

3. Can investors view the trading team's trade/order history?

No, in order to protect the trading strategies of the trading team, the trading/order history of the trading team will not appear in the investor operation page.

4. Can the trading team withdraw assets from the managed sub-account?

No, the trading team cannot withdraw funds from the managed sub-account. Withdrawals from the managed sub-account must be made through the investor's master account.

5. How many managed sub-accounts can each investor create?

Each investor can create up to 10 managed sub-accounts.

6. If the same investor hosts multiple sub-accounts for the trading team, can the trading team operate the transfer of funds between the two sub-accounts?

No, the funds in the managed sub-account are managed by the investor's master account and the funds need to be transferred through the investor's master account.

7. Will the referral commission calculation for managed sub-accounts change?

No, rebate from the managed sub-account will be credited to the original referrer.

What can the Managed Sub-Account investor do?

Operations that the trading team can perform on the managed sub-account

Function

Description

Account Management Create managed sub-accounts and blind with trading team account management.
Deposit and withdrawal Manage the deposit and withdrawal of assets between the main and the managed sub-accounts.
Wallet and Account Overview View the current managed sub-account wallet overview, asset balances, PnL, and other information.

Managed Sub-Account Management

1. Go to [My Account] - [Sub-Account] - [Managed Sub-Account] - [Create Managed Sub-Account].

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (2)

2. Enter the account name and link the account manager’s email address when creating the account.

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (3)

3. If the binding fails, click [Bind Account] next to the managed sub account to try again.

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (4)

Deposit and withdrawal

Deposit:

1. Go to [Managed Sub-Account] and click on the corresponding sub-account you want to access to enter the sub-account transfer page. You can deposit assets between the main account and the current sub-account here.

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (5)

Withdrawal:

1. Go to [Managed Sub-Account] and click on the corresponding sub-account you want to access to enter the sub account transfer page. You can withdraw assets between the main account and the current sub-account.

  • Investors can choose a transfer date (within 30 days from the day of selection), the withdrawal notification will be sent to the trading team’s email address.
  • Investors can also choose to withdraw their assets immediately
How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (6)

Assets Management

1. Go to [Managed Sub-Account] and click on the corresponding sub-account you want to access. You can view the assets and unrealized profit and loss of the account.

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (7)

What can the Managed Sub-Account trading team do?

Sub-account Management Features Overview

Project

Description

Note

Account ManagementManage Margin account, Futures account, and enable BLVT for the managed sub-accounts.
API ManagementCreate and edit the managed sub-account API keys and API access.Each managed sub-account can create up to 30 API KEYs, which can be used to place orders/enquiries/positions/orders etc. through the sub-account in the public API interface
Asset ManagementCheck the balance of the managed sub-account by clicking [Transfer] to immediately transfer assets. between Spot and Futures or Margin Wallets.

Managed Sub-Account Management

You can view the account in the Account Management list and manage the account permissions here.

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (8)

API management

You can create and edit managed sub-account API keys and API permission.

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (9)

Asset management

You can view the balance of your managed sub-accounts. Simply click [Transfer] to transfer the sub-account assets between Spot and Futures or Margin Wallets immediately.

How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (10)
How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (11)
How to Get Started with Managed Sub-Account Functions and Frequently Asked Questions | Binance Support (2024)

FAQs

How to manage sub account Binance? ›

Click the [Account Management] tab to manage all sub-accounts under your master account. Regular users are limited to five sub-accounts, while the number of sub-accounts for VIP users varies based on the VIP level of their master account.

How to withdraw from Binance sub account? ›

Guide to withdraw fiat from Binance
  1. Hover over “account management” icon.
  2. Click on “sub-accounts”
  3. Click on “asset management” item on the bottom left corner.
  4. Click on “transfer out”
  5. Select the “sub-account email” you want to transfer assets from, and the “main account” (email/mobile number) you want to transfer to.
Mar 3, 2022

Can you have two Binance accounts with the same email? ›

No, it is not possible to have two verified Binance accounts. Binance's terms of use state that each individual is only allowed to create and maintain one account. Creating multiple accounts is considered a violation of Binance's policies and can result in the suspension or termination of all associated accounts.

How many Binance accounts can I have? ›

How do I open a second Binance account? Unfortunately, one user can only have one verified Binance account. You can open a second account under your blood relative name, and the KYC needs to be done by them. Or, you can use the sub-account feature to have multiple Binance accounts under your name.

Does Binance sub account need KYC? ›

Binance has further tightened its regulations concerning unverified sub-accounts.

Why does my Binance verification keep failing? ›

Any documentation that you submit must be fully up-to-date. Expired documents and documents that are not fully visible corner-to-corner are considered invalid and will be rejected by the system. If you are having trouble uploading your ID; Please ensure proper lighting while taking your selfie and ID photos.

How do I get my cash out of Binance? ›

Here are the steps to withdraw your funds from Binance to your bank account:
  1. Log in to Binance: Access your Binance account by logging in. ...
  2. Choose Your Currency: Select the fiat currency (e.g., USD, EUR, GBP) you want to withdraw. ...
  3. Select Payment Method: ...
  4. Security Verification: ...
  5. Wait for Processing: ...
  6. Check Your Bank Account:
Jun 8, 2024

How do I withdraw my profit in Binance? ›

Log in to your Binance account. Click on the [Wallet] button in the top right corner of the page. Select [Spot]. Click on the [Withdraw] button next to the cryptocurrency you want to withdraw.

How do I disable sub account Binance? ›

So far the deletion is not supported but you can disable the account instead. You can do so by clicking the freeze button on the management screen.

What is KYC in Binance? ›

Know Your Customer (KYC) is an essential process that financial institutions, including cryptocurrency exchanges like Binance, use to verify the identity of their clients.

Can I create 2 wallets on Binance? ›

Creating multiple wallets on Binance is a simple and effective way to manage your cryptocurrency holdings. By following these steps, you can ensure your funds are well-organized and secure.

Can you merge Binance accounts? ›

Solution: Unfortunately, there is no way to merge two profiles, or migrate the Profile Info or Stats from one Behance profile to another, but there is a workaround to move projects. You will have to co-own each project with the profile you decide to use.

How much money can I keep in my Binance account? ›

Binance does not impose any specific limit on the amount of Bitcoin that you can store in your Binance wallet. You can store as much Bitcoin as you want, subject to the limitations of the Bitcoin blockchain and the amount of storage space available on your device.

Can I create two Binance accounts with the same phone number? ›

No, it is not possible to have two verified Binance accounts. Binance's terms of use state that each individual is only allowed to create and maintain one account. Creating multiple accounts is considered a violation of Binance's policies and can result in the suspension or termination of all associated accounts.

How do I delete multiple Binance accounts? ›

How to delete my account on the Binance website?
  1. Log in to your Binance account and hover over the [Profile] icon. ...
  2. Click [Security] on the left.
  3. Scroll down to [Account Management] and click [Delete] next to [Delete Account].
  4. Choose a reason for the deletion and click [Continue].
Dec 1, 2023

How do you set multiple take profits in Binance? ›

How to add a TP/SL target for an open order?
  1. Log in to your Binance account and go to [Derivatives] - [USDⓈ-M Futures]. ...
  2. Go to the [Take Profit] or [Stop Loss] tab and choose an order type (Limit or Market).
  3. Enter a stop price. ...
  4. You may add up to 4 Take Profit or Stop Loss targets by clicking [Add Split Target].
May 24, 2023

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