Binance, Exchanges

How Long Does Identity Verification Take for Binance Us?

As of September 2019, Binance US is not yet live. Binance US will be a digital asset exchange offering trading of a variety of digital assets, including but not limited to Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Binance Coin (BNB).

The exchange is being developed by a US subsidiary of Binance, and is currently in the beta testing phase.

NOTE: WARNING: Identity verification on Binance US usually takes several hours, but it can take longer if additional information is required by Binance US. It is important to understand that identity verification is completed on a case-by-case basis and may require additional documents or information in order to process the verification. Please be patient and make sure to provide all of the necessary information requested in order to expedite the process.

Binance US will require all users to undergo identity verification (KYC) in order to comply with US regulatory requirements. The process will likely take a few days to complete, and users will need to provide personal information such as their name, address, date of birth, and Social Security number.

Once verified, users will be able to deposit and withdraw fiat currency as well as trade digital assets on the platform.

The launch of Binance US is a positive development for the cryptocurrency industry as it shows that exchanges are willing to work with regulators to create compliant platforms that can serve the needs of both retail and institutional investors. While the KYC process may take a few days to complete, it is a necessary step in order for the exchange to operate legally in the United States.

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