Is proof of address mandatory for trading digital currencies on Binance?

3 answers

• Nov 24, 2021 · 3 years ago
  Yes, proof of address is mandatory for trading digital currencies on Binance. It is a requirement for compliance with anti-money laundering (AML) and know your customer (KYC) regulations. By providing proof of address, Binance ensures the security and legitimacy of its trading platform.
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• Nov 24, 2021 · 3 years ago
  No, proof of address is not mandatory for trading digital currencies on Binance. Binance allows users to trade digital currencies without providing proof of address up to a certain limit. However, for higher trading volumes or certain account features, proof of address may be required to comply with regulatory requirements.
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• Nov 24, 2021 · 3 years ago
  As an expert in the digital currency industry, I can confirm that proof of address is indeed mandatory for trading digital currencies on Binance. This requirement is in place to prevent fraud, money laundering, and other illegal activities. It helps to ensure the safety and integrity of the platform for all users.
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