Post
Topic
Board Trading Discussion
Re: Binance is it required to verify account to withdraw coins?
by
VitKoyn
on 26/01/2018, 09:13:57 UTC
What I know is Bittrex needs a verified account to withdraw our coins but what about Binance exchange?

Now I got one account whether I can use this account without verification?

You can freely use Binance because they don't require their users to verify their accounts, you can deposit and trade as much as you want but there is 2 Bitcoin limit on what you can withdraw per 24 hours, so if you want to increase your limit you may want to verify your account, level 2 will increase your limit to 100BTC per day and higher limit for level 3. and it is always recommended to do it in any kind of trading platforms because it will also add security on your account. I just registered in binance a few days ago, and waiting for my account to complete verifiaction.