The Binance Wallet allows users to create three different types of accounts - Basic Account, VIP Account or Professional Account. Each type has its own unique features which are explained below. Basic Accounts: This type of account is completely free and it allows users only limited trading options such as buying or selling Bitcoin ( BTC), Ethereum (ETH) and BNB. You can view only your trading history and the value of your account in real time. VIP Accounts: These accounts are for traders who want to trade more than one type of cryptocurrency but not at all times. VIP accounts allow you to buy or sell Bitcoin, Ethereum and BNB whenever you want. You can also use this type of account to deposit funds into your account so that you don't have to wait for days before they show up in your balance.  Professional Accounts: Professional accounts are paid accounts with a monthly subscription fee. This type of account allows users access to all the other features that Basic and VIP Accounts offer plus some additional tools such as market-data API access, advanced charting tools and coin-level statistics on a per-currency basis (e.g., price changes over the past 24 hours).