Quote from: iv4n on Today at 09:21:16 PM

Quote from: travwill on August 02, 2021, 07:06:23 PM

I think that everything is happening for a reason.
Several European countries have already banned the work of Binance on their territory, regulators are getting closer and closer, and I think that it is for this reason that Binance is forcing this story with the identification procedure.
Probably Binance wants to comply with the rules of regulators and this is the only right decision.

This is exactly what I think! Regulators are squeezing Binance from all sides, every few weeks we see some big headlines, Binance banned in the UK, Binance banned in Malaysia... Binance probably sees this as a trend, other countries will follow, what else they can do than get ready for that storm that heading towards them! That probably can mean one thing for us, tighter regulations!
Well, I am still good with the max withdrawal for unverified users, when that comes to an end I will just move to some DEX, that's the future, we just need to wait for others to figure that out!

That limit for unverified accounts would be sufficient for sure on most traders or users of this platform and its no surprise that regulation would really be more even strictier which would really squeeze out those
crypto engaging platforms specially Binance and other exchangers as well on where they do really need to comply on whats mandated for them to continue to operate and as if they do have any other choice?
No they dont and as a user then we have to deal with it but if we do look around, we do still have some viable options to take but for now this isnt really that much of an issue.