Im looking to buy some smaller altcoins through binance. I have spare Litecoin (that I can switch into bitcoin/Ethereum through Exodus) to use as currency to purchase coins. Ive just created an account but have done zero verification steps.
Would I still be able to purchase coins using my coins and have them sent to a wallet without verifying?
Im trying to delay because I bought extra litecoin at 250-300, and would rather have it at least hit that value before I trade, so if I must verify I guess that allows more time for potential Litecoin price increases.
There are widrawal restriction if you didnt verify your account thats why you really need to process your ids if you are holding a lot of BTC,