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Cryptocurrency exchange Binance today announced that all users are now required to complete Know Your Customer (KYC) verification. The update also includes existing users who have not already completed KYC verification.
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Identity Verification o r Know Your Customer (KYC) standards are designed to protect your account against fraud, corruption, money laundering, and terrorist financing. All new users are required to complete [Verified] to access Binance products and service offerings, including cryptocurrency deposits, trades, and withdrawals.
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Those who want to perform significant transactions regularly will also benefit from completing their KYC on Binance. People who don't complete their verification may run into some problems withdrawing funds from their Binance accounts. So, Binance encourages all users to complete the KYC process as soon as possible.
After Sign-up Visit the Binance website and Login to your account, then click [User Center]- [Identification]. In the Identity Verification area, click [Verify]. After choosing the nationality, click [Start]. *Please ensure that all the information entered is consistent with your ID documents. You won’t be able to change it once confirmed.
How to complete Basic verification? 1. After you log into your Binance account, click on the ‘Get Verified’ button to start the KYC process. 2. Select your country of residence. 3. Click ‘Verify Now’ to start the verification process for the Basic level. 4. Set your nationality, first and last name and date of birth. 5.
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1. Once you complete Identity Verification, you are eligible for an exclusive KYC Mystery Box reward. You will receive an email to guide you to claim the KYC Mystery Box. Alternatively, after your account is verified, you can go to Binance NFT Marketplace and click [User Center] - [Mystery Box] to claim. 2.
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Identity Verification or Know Your Customer (KYC) standards are designed to protect your account against fraud, corruption, money laundering, and terrorist financing. All new users are required to complete [Verified] to access Binance products and service offerings, including cryptocurrency deposits, trades, and withdrawals.
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The Binance KYC verification process is very easy to perform and can be complete in a few minutes. Before you begin, please note that you will need the following: Your National ID, passport or driver’s license at hand. One of these documents will be require to complete the verification process.
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