Binance, Exchanges

Can We Trade on Binance Without KYC?

As of September 2019, Binance does not require KYC for deposits or withdrawals. However, if you want to trade on the platform, you will need to go through the KYC process.

NOTE: Warning: Trading on Binance without KYC is highly discouraged and may put you at risk of identity theft, fraud, or other criminal activity. Binance requires KYC (Know Your Customer) authentication in order to ensure the safety and security of its users. Trading without KYC can result in account suspension, loss of funds, or even legal action.

This usually involves submitting a photo ID and proof of address. Once your account is verified, you will be able to trade without any restrictions.

So, can we trade on Binance without KYC? Yes, but only if we don’t want to use the platform’s full features. For most people, it’s worth going through the KYC process so that they can take advantage of all that Binance has to offer.

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