why does binance verification take so long

why does binance verification take so long?

That is because you have to submit all documents and information within 15 minutes after starting the process. In terms of Binance processing your documents and giving you a result, there is no guaranteed length of time. For the majority of routine account verifications, the process only takes a few days.6天前

Then,How do I speed up Binance verification?

Option 1

  1. You need to download the Binance App to complete the verification process on your phone. If you already installed the Binance App, open it and scan the QR code.
  2. You will be redirected to the verification page. …
  3. You will see the steps for the verification process. …
  4. First, scan your ID document.

Besides,How long does advanced verification take Binance?

Please enter your basic information and complete photo verification within 15 minutes. Do not refresh your browser during the process. You may attempt to complete the Identity Verification process up to 10 times per day.

Subsequently,Why is Binance verification failing?

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 …

Subsequently, question is,Can I have 2 verified Binance account?

No. Binance does not allow multiple accounts for an individual, because KYC will fail if someone has multiple Binance accounts.

Related Question Answers Found

Can I buy on Binance without verification?

Binance supports buying Bitcoin with cash which is also called an anonymous buying method. For fiat transactions, you will not have to use a bank account or online wallet.

Is Binance or Coinbase better?

Coinbase is best for buy and hold investors who want to purchase a currency and hold it for the long term. Binance offers much lower fees per transaction, as well as incentivizing high-volume traders with their fee structure. While they use a maker-taker fee structure, both the maker and taker fees are identical.

How long does Binance verification take UK?

Binance verification is simple and straightforward. It often takes only up to 15 minutes to submit all the required documents and information; Binance will then review the details and documents within 10 days. Regularly it takes up to 5 minutes, but sometimes lasts for hours.

Is Binance verification safe?

Security With Identity Verification, Binance can protect your account from potential risks. We have to ensure our identity verification process can keep up to date with the new measures and provide a security framework at a technical level.

What is needed for Binance verification?

Driver’s License / Government-issued photo ID. Passport. Social security number. PAN card.

How do you verify a Binance?

Log in to your Binance account and click [User Center] – [Identification]. For new users, you may click [Get verified] on the homepage directly. 2. Here you can see [Verified], [Verified Plus], and [Enterprise Verification] and their respective deposit and withdrawal limits.

How do you become a VIP 1 in Binance?

From 21 December 2021, users will be able to qualify for Binance VIP by holding at least 25 BNB in their Binance wallet (previously 50 BNB) and having a 30-day trading volume of at least 1 million BUSD for Spot or at least 15 million BUSD for Futures.

How do you get a VIP 1 Binance?

To qualify for the VIP Program, the user’s last 30 days’ spot trading volume on Binance must be at least 1,000,000 BUSD or the user’s last 30 days’ futures trading volume must be at least 15,000,000 BUSD. Plus, the user’s BNB balance must be at least 25 BNB.

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