Is anyone else getting a message when they login in asking for more personal info regarding KYC and AML
What I find most shocking is they want a facial scan as well as a letter with home address
Same here, I've got the same email in which they are asking both ID/passport and facial scan.
Do I need to do it, currently I am not buying btc or other coins on the platform but am day trading
Can I hold it off or what is the story
If you plan to continue trade there then yes, you will have to do it as depositing will be disabled in 10 days and withdrawal in 30. Regarding holding it off , I've got until 29.12 to do it so I guess you got the same deadline as well.
Find another Exchange respecting your privacy. The world does not stop at Binance. There are other great Exchanges out there that still do not oblige you to complete Know Your Customer procedures. If you think that is an overreach, it is and others should not convince you otherwise.
He already did KYC at Binance so there's not much left to give, except the proof of address thing. Questions is, are there any CEX exchanges left where active traders can trade without fear of being asked for their documents? Especially if trader is dealing with bigger amounts.