Binance US, the United States-based arm of the popular cryptocurrency exchange Binance, has recently come under scrutiny for its alleged requirement of Social Security Numbers (SSNs) from its users. The exchange has been accused of asking for too much personal information from its users, and many have raised concerns about the safety and security of their data.
So, does Binance US actually require SSNs from its users? The answer is a bit complicated.
It appears that Binance US does not technically require SSNs from all of its users. However, the exchange does request that users provide this information if they want to withdraw more than $10,000 worth of cryptocurrency per day.
NOTE: WARNING: Binance US does require a valid SSN (Social Security Number) from its users. It is important to be aware of the privacy risks associated with providing your SSN to any online service. Before providing your SSN, make sure that the service is legitimate and secure.
For users who do not want to provide their SSN, Binance US offers the option to verify their identity with an alternative form of ID such as a driver’s license or passport.
While Binance US may not technically require SSNs from all of its users, the fact that it asks for this information from those who want to make high-value withdrawals has raised concerns among many in the cryptocurrency community. Some have accused the exchange of being too invasive with its personal data requests, and there are worries that this information could be compromised if the exchange were to be hacked.
For now, it appears that Binance US is sticking with its current policy of requesting SSNs from users who want to make large withdrawals. While this may not be a perfect solution, it seems to be the best option for the exchange at this time.
7 Related Question Answers Found
As of now, COTI is not on Binance US, but there is a possibility that it may be in the future. Binance US is a digital asset exchange created by one of the world’s largest cryptocurrency exchanges, Binance. The United States-based exchange was launched in September 2019 and is currently available in 42 states.
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.
Binance US is a US-based cryptocurrency trading platform launched in 2019. The platform is operated by Binance Holdings Ltd.
, the world’s largest cryptocurrency exchange by trading volume. Binance US is available to residents of all 50 states and Puerto Rico.
Binance US, the American division of the world’s largest cryptocurrency exchange by trading volume, is now live. The platform will initially only be available to residents of 35 states, with more states being added over time. Binance US is a digital asset marketplace, providing advanced financial services to traders in the United States.
As of September 2019, US citizens are not able to use Binance US. Binance US is a digital asset exchange created by Binance, one of the largest cryptocurrency exchanges in the world. The US-based exchange is not available to residents of New York state.
Binance US, the American arm of the world’s largest cryptocurrency exchange, is now live. The launch, announced in a blog post on Tuesday, comes after several months of testing and uncertainty surrounding the platform’s launch. Binance US is a centralized cryptocurrency exchange that allows for the trading of digital assets.
Yes, US residents can use Binance. However, they must first go through a process called “ KYC,” or “know your customer.
” This process is required by US law, and it helps to prevent financial crimes like money laundering. Once you have gone through KYC, you will be able to trade on Binance just like anyone else.
