Fellow Binancians,
Binance reviews its products and services on an ongoing basis to determine changes and improvements in light of evolving global compliance standards. To enhance user protections and provide a safe crypto environment for everyone, Binance is making the following changes:
Effective immediately, all new users are required to complete [Verified] Verification to access Binance products and service offerings, including cryptocurrency deposits and trades.
Existing users who have not yet completed [Verified] 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 minimize 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 [Verified] Verification, they will be able to resume full access to Binance products and services.
Binance strongly advises users to complete their [Verified] Verification promptly to avoid delays in the verification process and restrictions on their access.
Binance is announcing these measures to help support its efforts in Know Your Customer (KYC) and Anti-Money Laundering (AML). This will further enhance user protection and combat financial crime. To learn more about KYC, please click here.
Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thanks for your support!
Binance Team
2021-08-20
Note: This announcement was updated on 2024-10-09 to clarify all new and existing users are required to complete the [Verified] Verification to access Binance products and service offerings.
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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