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Is face verification mandatory for using Binance to trade cryptocurrencies?

avatarNoFaceDec 16, 2021 · 3 years ago3 answers

Can I trade cryptocurrencies on Binance without going through the face verification process?

Is face verification mandatory for using Binance to trade cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, face verification is mandatory for using Binance to trade cryptocurrencies. This is part of their enhanced security measures to ensure the safety of users' funds and prevent fraudulent activities. By verifying your face, Binance can confirm your identity and provide a more secure trading environment.
  • avatarDec 16, 2021 · 3 years ago
    No, face verification is not mandatory for using Binance to trade cryptocurrencies. While it is recommended for enhanced security, Binance offers different account verification levels, and you can still trade with lower verification levels. However, higher verification levels may be required for certain features or higher withdrawal limits.
  • avatarDec 16, 2021 · 3 years ago
    Yes, face verification is indeed mandatory for using Binance to trade cryptocurrencies. As an expert in the industry, I can confirm that Binance has implemented this requirement to comply with regulatory standards and prevent money laundering and fraud. It is a necessary step to ensure the integrity of the platform and protect users' assets.