- 1 Related Question Answers Found
- 1.1 Why won't Binance verify my address?
- 1.2 How long does it take to verify residential address on Binance?
- 1.3 Is Binance or Coinbase better?
- 1.4 How do you know if your Binance is verified?
- 1.5 How do I change my residential address on a Binance?
- 1.6 Does Binance need KYC?
- 1.7 Can I trust Binance with my ID?
- 1.8 Can I use Binance without verification?
binance won't accept my address？
We do not accept identification documents stating the Proof of Address, unclear copies, utility contract confirmation, or Proof of Address issued more than 3 months ago.Feb 8, 2022
Keeping this in consideration,How do I verify my address with Binance?
How to Verify My Residential Address on Binance
- Municipality bill for utility services such as electricity, water, sewerage.
- Municipal rates & taxes statement.
- Internet service bill.
- Bank statement.
- Bank reference letter.
- Mortgage statement.
- Body corporate statement.
- Building management statements.
Accordingly,Why does Binance keep rejecting my verification?
Binance verification fail for various reasons: This could happen because their codes are not flexible enough to read and decide if a verification should be successful or not. Things that could be a cause: Poor inflexible codes or too strict algorithm for security reasons. Standard account limits per duration.
Long,What proof of address is needed for Binance?
Valid Proof of Address documents include the following: Bank statements (Must display your name, residential address, and bank information.) Brokerage statements (Must have brokerage information and the firm logo, as well as show your full name and residential address.) Credit card statements of reputable institutions.
Beside above,How long does it take for a Binance to approve an address?
For the majority of routine account verifications, the process only takes a few days. Some verifications may even take a few minutes, and some may take up to 10 days. The best way to reduce how long does Binance verification take is to make sure all the pictures of your documents are clear.
Related Question Answers Found
Why won't Binance verify my address?
Incomplete Residential Address As simple as it might sound, this is the most common reason why address verification fails. You must include your address’s zip code, house number, and every possible detail related to it. As Binance states on their official website , invalid addresses will be rejected without hesitation.
How long does it take to verify residential address on Binance?
Binance account KYC verification includes ID, identity, and address verification after a user opens an account. Binance verification is relatively easy. It only takes about 10-15 minutes to complete the submission of KYC verification documents.
Is Binance or Coinbase better?
Binance is a better fit for people familiar with cryptocurrency lingo and investing options, whereas Coinbase is built for convenient, easy trading. Both exchanges provide mobile apps with varying functionalities.
How do you know if your Binance is verified?
You can access the Identity Verification from [User Center] – [Identification] or access it directly from here. You can check your current verification level on the page, which determines the trading limit of your Binance account. To increase your limit, please complete the respective Identity Verification level.
How do I change my residential address on a Binance?
Users need to submit a request to Binance support. After presenting the proposal, Binance resets the user’s KYC verification level to Basic Verification. Then, the user re-enters the information that needs to be changed and re-verifies the account.
Does Binance need KYC?
When it comes to regulatory and compliance requirements, Binance takes its role very seriously. Apart from just meeting our legal obligations, KYC (Know Your Customer) or otherwise known as Identity Verification, also ensures our users are as safe and secure as possible.
Can I trust Binance with my ID?
The bitcoin exchange now requires all users to upload an ID, a selfie, and undergo facial verification, dismissing possible downsides.
Can I use Binance without verification?
Unverified accounts that have not fulfilled KYC requirements will not be able to trade. All new users are required to verify their accounts (i.e. Verified or Verified Plus) in order to access Binance products and service offerings, including cryptocurrency deposits, trades and withdrawals.