As of September 2019, Binance US does require KYC (Know Your Customer) verification in order to use its platform. The process is relatively simple and straightforward, and once completed you will be able to trade on the platform without any restrictions.
In order to start the KYC process, you will need to create an account on the Binance US website and then submit some basic personal information. This includes your full name, date of birth, mailing address, and a valid form of government-issued ID.
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Binance US requires KYC (Know Your Customer) verification in order to trade on the platform. This includes submitting and verifying personal information such as a government-issued ID, a utility bill, and sometimes even a selfie. Failure to complete KYC verification may result in the suspension or termination of your account.
Once this information has been submitted, you will need to take a selfie with your ID in order to verify your identity.
Once you have completed the KYC process, you will be able to trade on the Binance US platform without any restrictions. You will also be able to withdraw up to $10,000 worth of funds per day without any issues.
Overall, the KYC process is relatively simple and straightforward. It should only take a few minutes to complete, and once you’re done you’ll be able to trade on the platform without any issues.
8 Related Question Answers Found
This is a question that has been on the minds of many cryptocurrency users since Binance announced their new partnership with identity verification provider Jumio. The short answer is: we don’t know yet. Binance has not yet released any official statements about whether or not they will require KYC (Know Your Customer) verification for all users, and if they do implement such a measure it remains to be seen how strict they will be in enforcing it.
Binance Futures does not require KYC (Know Your Customer) information from its users. This is because Binance Futures is a decentralized exchange, which means that there is no central authority that controls the platform. Instead, Binance Futures is controlled by its users, who can trade anonymously without having to provide any personal information.
If you want to use Binance, then you will need to go through a process called KYC. KYC stands for “Know Your Customer”. This is a process that is required by financial institutions in order to comply with anti-money laundering regulations.
Binance is one of the most popular cryptocurrency exchanges in the world, and it offers a wide range of features and services to its users. One of the most important features of Binance is its Know Your Customer (KYC) program, which is designed to protect the exchange and its users from fraud and money laundering. Under the KYC program, Binance requires all users to provide their real name, date of birth, and location.
The short answer is yes, KYC is mandatory on Binance. In order to comply with anti-money laundering and countering-the-financing-of-terrorism (AML/CFT) regulations, Binance requires all users to complete KYC verification. This process includes providing Binance with your full name, date of birth, nationality, and a government-issued ID.
In the wake of the recent Binance hack, many users are wondering if KYC (know your customer) verification is necessary in order to use the exchange. While Binance does not require KYC for all users, there are certain circumstances in which it is required. For example, if you want to withdraw more than 2 BTC per day, you will need to go through the KYC process.
Binance, one of the world’s largest cryptocurrency exchanges, does not use KYC (Know Your Customer) verification for its users. This means that anyone can create an account and trade without having to provide their real name or any other identifying information. This makes Binance a very attractive option for those looking to trade cryptocurrencies anonymously.
In order to comply with Know Your Customer (KYC) requirements, Binance requires all users to provide proof of identity. This can be done by submitting photos of a government-issued ID, such as a passport or driver’s license. In some cases, additional documentation may be required, such as a utility bill or bank statement.
