Binance, Exchanges

Why Is My Funds Locked on Binance?

There are a few reasons why your funds might be locked on Binance. One possibility is that you have reached your daily limit for withdrawals. Binance has a withdrawal limit of 2 BTC per day for unverified accounts and 100 BTC per day for verified accounts. If you have reached your daily limit, you will need to wait until the next day to make any more withdrawals.

NOTE: WARNING: Funds can become locked on Binance for a variety of reasons. These include account verification issues, withdrawal limitations, suspicious activity, and system errors. Please take the necessary steps to protect your funds and contact Binance support for assistance if your funds are locked.

Another possibility is that you have not completed the KYC verification process. Binance requires all users to complete KYC verification before they are able to withdraw funds. Finally, your funds may be locked if Binance suspects that you are engaging in fraudulent or illegal activity. If your funds are locked, you will need to contact Binance customer support for assistance.

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