What happens if I don't verify my Binance account?
Existing users who haven't completed [Verified] Verification will have their account permissions temporarily changed to “Withdraw Only”, with services limited to fund withdrawal, order cancelation, position close, and redemption. For more information, please refer to our announcement.
If you haven't completed the new verification within the deadline, your Binance account will be restricted to “Withdrawal Only”.
According to a statement on the platform, all new users must complete Intermediate Verification to access Binance goods and service offerings, including cryptocurrency deposits, trades, and withdrawals.
Binance requires users to complete Identity Verification to increase their account security.
Binance requires users to complete Identity Verification to increase their account security. Please visit How to Complete Identity Verification if you haven't completed the verification process.
Users must now complete the verification, which can take several days. Nevertheless, users can bypass the complicated verification process by creating a Binance sub-account on the Cryptorobotics platform.
All new users are required to complete [Verified] to access Binance products and service offerings, including cryptocurrency deposits, trades, and withdrawals.
- Invalid Supplementary Documents. You must upload photos and files of valid documents in order to complete the proof of address process inside Binance. ...
- Document Upload Failed. ...
- Incomplete Residential Address.
In order to purchase BNB with credit, debit, prepaid VISA or Mastercard card with no identity verification, you need to first register with the Switchere.com website. Account registration takes a minute at most and is easy to complete.
- Step 1: Go to Binance App or Website and Use Your Login Details.
- Step 2: Tap on “Security Settings”
- Step 3: Scroll Down in the Security Page.
- Step 4: Click or Tap on “Disable Account”
- Step 5: Confirm to Delete or Disable Account: It's Your Call.
- Step 6: Enter Your Contact Information.
- Step 7: Tap on “Confirm to Delete”
Why does Binance need so much information?
To combat criminal activities like money laundering, many countries have AML (anti-money laundering) and KYC (know your customer) regulations. These regulations require financial institutions to record the identity and personal or business details of the customers they do business with.
- Ontario (Canada)
- China.
- Europe (for derivatives trading)
- Malaysia.
- Japan.
- UK (more about it below)
- Thailand.
- Invalid Supplementary Documents. You must upload photos and files of valid documents in order to complete the proof of address process inside Binance. ...
- Document Upload Failed. ...
- Incomplete Residential Address.
Why can't I complete my face verification even after uploading the proper document? It is one of the common issues during identity verification. Make sure that you are not wearing any glasses, avoiding filters, and the light is appropriate. If the issue is still, then verify by uploading your selfie.
In terms of Binance processing your documents and giving you a result, there is no guaranteed length of time. For the majority of routine account verifications, the process only takes a few days. Some verifications may even take a few minutes, and some may take up to 10 days.
If your Binance address verification failed, it must be owing to the following reasons- documents that are invalid, upload error, sketchy residential address as well as an exploit.
