Post
Topic
Board Exchanges
Merits 2 from 1 user
Topic OP
Binance introduces KYC for all users
by
Ratimov
on 20/08/2021, 08:22:11 UTC
⭐ Merited by stompix (2)
Well, as expected, Binance is introducing KYC for all users.


Announcement here: https://www.binance.com/en/support/announcement/51bf294e26324211a4731ca998e110ca

For all new users, an intermediate check is required, and for old users there is still the opportunity to cancel transactions and withdraw funds before 2021-10-19 00:00 AM (UTC)


Quote
Effective immediately, all new users are required to complete Intermediate Verification to access Binance products and service offerings, including cryptocurrency deposits, trades and withdrawals.

Existing users who have yet to complete Intermediate Verification will have their account permissions temporarily changed to “Withdraw Only”, with services limited to withdrawal, order cancellation, position close, and redemption. This will be carried out in phases to minimise user-experience disruption, from now through 2021-10-19 00:00 AM (UTC). Existing users will be informed directly with more details. Once users complete the Intermediate Verification, they will be able to resume full access to Binance products and services.
Binance strongly advises users to complete their Intermediate Verification promptly to avoid delays in the verification process and restrictions on their access.