Binance, one of the world’s largest cryptocurrency exchanges, is known for its fast and efficient trading. But what about its identity verification process? How long does it take to get verified on Binance?
The answer to that question depends on a few factors, including which level of verification you’re applying for and how quickly you submit the required documents. In general, though, the process is relatively quick and easy.
Let’s take a closer look at the Binance verification process and how long it typically takes to get verified at each level.
Binance Verification Levels
There are three levels of verification on Binance: Level 1, Level 2, and Level 3. Each level requires more personal information than the last, but also unlocks more features and higher limits.
Level 1 verification requires only your email address and country of residence. With this level of verification, you’ll be able to trade cryptocurrencies on Binance with no limits.
Level 2 verification requires your full name, date of birth, nationality, and a photo ID. With this level of verification, you’ll be able to withdraw up to 100 BTC worth of cryptocurrency per day.
Level 3 verification requires all of the above information plus a selfie with your photo ID. With this level of verification, you’ll be able to withdraw up to 500 BTC worth of cryptocurrency per day.
How Long Does Binance Verification Take?
Now that we know what’s required at each level of verification, let’s answer the question: How long does Binance verification take?
As we mentioned earlier, the answer to this question depends on a few factors. In general, though, you can expect the process to take anywhere from a few minutes to a few days.
If you’re applying for Level 1 verification, you can expect your account to be verified within a few minutes. For Level 2 and Level 3 verifications, it may take a bit longer as your documents will need to be manually reviewed by Binance staff.
In most cases, though, you can expect your account to be verified within a few hours or days.