Is Binance KYC mandatory for all users and what happens if I don't complete it?

3 answers

• Feb 17, 2022 · 3 years ago
  Yes, Binance allows users to trade without completing the KYC process. However, there are certain limitations for users who haven't completed KYC. Unverified users can only withdraw up to 2 BTC per day, while verified users have a higher withdrawal limit. Completing the KYC process provides additional security and access to more features on the platform.
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• Feb 17, 2022 · 3 years ago
  If you choose not to complete the KYC verification on Binance, you will have limited access to certain features and services. This includes lower withdrawal limits, restricted access to certain trading pairs, and potential limitations on account functionality. It's important to note that KYC verification helps ensure compliance with regulatory requirements and enhances the overall security of the platform.
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• Feb 17, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I highly recommend completing the KYC verification on Binance. While it may seem like an inconvenience, it provides an added layer of security for your account and helps protect against unauthorized access. Additionally, completing KYC verification allows you to access a wider range of features and services on the platform, enhancing your overall trading experience.
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