Topic: Binance exchange - blocks money withdrawal! (Read 542 times)
Abonormal withdrawal maybe you only need to pass KYC verify and you can withdraw your assets back, but last day my friend try to withdraw with higher amount but not available and waiting more than 7 days for account back to normal, maybe any fraud and bad system way from binance by withdrawing higher amount fund,
If the money withdrawal of the author was has been blocked that means there is something that He/She violated some of the
rules were Binance have. However, if ever this is true it doesn't mean Binance clients or users will be reduce, of course not.
I begun using Binance exchange during 2018 but from that time I encounter such an issues like this as long as I know
I am not disobeying the rules they have anyway.
rules were Binance have. However, if ever this is true it doesn't mean Binance clients or users will be reduce, of course not.
I begun using Binance exchange during 2018 but from that time I encounter such an issues like this as long as I know
I am not disobeying the rules they have anyway.
My experience in Binance with something similar was that I made a deposit from an Exchange other than Binance, it was XRP, and I did not place the Tag, to do it quickly, then I kindly asked for support arguing my mistake. They replied that they could help me only if they needed a video where I entered the deposit exchange and verified the entire transaction, so I did, and they also required me to verify the account (which I did not like).
When I did all the verification, they did everything and were able to put the XRP in my account, I think they make those decisions to avoid possible theft or possible bots.
When I did all the verification, they did everything and were able to put the XRP in my account, I think they make those decisions to avoid possible theft or possible bots.
Currently having the same problem. They marked a small transaction for 80$ from TradeOgre as "abnormal".
Could you please share some details about the "When I did all the verification"? Already recorded first video with transaction details.
Where you asked to record a second "verification" video where you share in general view of your email / recite the poem "I am xxx and want to restore withdrawal...." ?
My experience in Binance with something similar was that I made a deposit from an Exchange other than Binance, it was XRP, and I did not place the Tag, to do it quickly, then I kindly asked for support arguing my mistake. They replied that they could help me only if they needed a video where I entered the deposit exchange and verified the entire transaction, so I did, and they also required me to verify the account (which I did not like).
When I did all the verification, they did everything and were able to put the XRP in my account, I think they make those decisions to avoid possible theft or possible bots.
When I did all the verification, they did everything and were able to put the XRP in my account, I think they make those decisions to avoid possible theft or possible bots.
It's usually painful anytime it happens like this but you just have to do the verification to be able to get your funds at this stage. That's the only way to it. It might be an issue if IP conflict which was flagged and then they had to take this step. It's usually withing their terms and conditions to do such things whenever there is need to. Majority of the centralized exchange do this.
This is really just a matter of choice actually because these things can really be read up into their terms which they do have the right on holding up funds if something unusual events that do happen on a certain user account which you wont have any choice but to deal on what they are requiring for you to unlock your account and if you do really value up your privacy or identity then you
should accept that there no way you can pull out those funds on the exchange but if you do trust them up then you can always submit on whats required
as simple as that.
It's usually painful anytime it happens like this but you just have to do the verification to be able to get your funds at this stage. That's the only way to it. It might be an issue if IP conflict which was flagged and then they had to take this step. It's usually withing their terms and conditions to do such things whenever there is need to. Majority of the centralized exchange do this.
While I understand your pain, there's not much you can really do about it, and seeing Binance's good-will in the market, they wouldn't do such with users simply because of some evil intentions, I'm not taking their side here, but just seeing it through the eyes of marketing. Crypto-currencies are often used for very big crimes because of the advantages it provides, so centralized exchanges (who also have to follow some government rules) will ask for those data when they think there maybe risk. It's annoying but then again, it's in their terms and conditions :/
Well, Binance is a centralized exchange after all and therefore holds the funds of its customers. They have to take those security measures to prevent funds getting stolen, unfortunately, this also implies false-positives as probably in your case. Accounts are flagged relatively quickly by their risk management, for example if you suddenly log in at different IP addresses than usual or use a VPN network for login.
I'm afraid there's not much you can do about it now. If you want to withdraw your dash, you will have to KYCen.
I'm afraid there's not much you can do about it now. If you want to withdraw your dash, you will have to KYCen.
You mean to say that even if you have one source of funds that is clean and secure I can't use a vpn? That's extra security. Does binance really make such jokes? I understand large funds from unknown sources but what if the money flows from one account all the time in both directions?
Well, Binance is a centralized exchange after all and therefore holds the funds of its customers. They have to take those security measures to prevent funds getting stolen, unfortunately, this also implies false-positives as probably in your case. Accounts are flagged relatively quickly by their risk management, for example if you suddenly log in at different IP addresses than usual or use a VPN network for login.
I'm afraid there's not much you can do about it now. If you want to withdraw your dash, you will have to KYCen.
I'm afraid there's not much you can do about it now. If you want to withdraw your dash, you will have to KYCen.
You mean to say that even if you have one source of funds that is clean and secure I can't use a vpn? That's extra security. Does binance really make such jokes? I understand large funds from unknown sources but what if the money flows from one account all the time in both directions?
Unverified binance user here.
Few days ago I have learned that my account is withdrawal blocekd since 26-09-2020.
No notice or msg of any kind since that day, just lucky I tried to withdraw lately and was made aware of the issue.
For now support did not ask to KYC me, instead they have asked me to record a video with proof that I have sent those BTC in september.
Many people have similar problems, here some more details:
https://www.reddit.com/r/binance/comments/mhs4xj/withdrawals_blocked_without_notice/
https://twitter.com/WhatToMine/status/1377324177108111366
Few days ago I have learned that my account is withdrawal blocekd since 26-09-2020.
No notice or msg of any kind since that day, just lucky I tried to withdraw lately and was made aware of the issue.
For now support did not ask to KYC me, instead they have asked me to record a video with proof that I have sent those BTC in september.
Many people have similar problems, here some more details:
https://www.reddit.com/r/binance/comments/mhs4xj/withdrawals_blocked_without_notice/
https://twitter.com/WhatToMine/status/1377324177108111366
That is due to the security systems that it has and if binance sees suspicious movements it tends to block you so that you can get your money, you have to write to the support in these cases they will surely give you a solution, it could also be that some coins and wallets They are in maintenance and you can not get the amount, but as I say go to support is a good option
Were you not aware of this since you started making use of Binance in trading? Binance is a centralized exchange and it’s a normal thing that centralized exchanges do, and it’s usually to protect their customers. If you choose to be making use of an exchange that is centralized, then you have no other option than to comply with their rules and stop going up and down.
If it was a decentralized exchange the case would have been something different because nobody cares, but for these Centralized exchanges if they notice any slight changes or activities they will have to block your account to protect your account, because if they don’t do that and it happens to be someone stealing your funds, you will still be the one to call out and blame them for not taking actions. So do what they have asked and prove your identity.
Yes it is true and no more questions, they just need the users to go under verification process if they need it.That is why users don't have to connect via VPN which might cause the accounts getting into frozen if the withdrawals are made from different country locations in very short time. If it was a decentralized exchange the case would have been something different because nobody cares, but for these Centralized exchanges if they notice any slight changes or activities they will have to block your account to protect your account, because if they don’t do that and it happens to be someone stealing your funds, you will still be the one to call out and blame them for not taking actions. So do what they have asked and prove your identity.
Were you not aware of this since you started making use of Binance in trading? Binance is a centralized exchange and it’s a normal thing that centralized exchanges do, and it’s usually to protect their customers. If you choose to be making use of an exchange that is centralized, then you have no other option than to comply with their rules and stop going up and down.
If it was a decentralized exchange the case would have been something different because nobody cares, but for these Centralized exchanges if they notice any slight changes or activities they will have to block your account to protect your account, because if they don’t do that and it happens to be someone stealing your funds, you will still be the one to call out and blame them for not taking actions. So do what they have asked and prove your identity.
If it was a decentralized exchange the case would have been something different because nobody cares, but for these Centralized exchanges if they notice any slight changes or activities they will have to block your account to protect your account, because if they don’t do that and it happens to be someone stealing your funds, you will still be the one to call out and blame them for not taking actions. So do what they have asked and prove your identity.
The administration of the Binance exchange is doing arbitrariness in relation to its clients.
In particular, since July 11, 2020, I have been blocked from withdrawing funds from my account to a DASH wallet under the far-fetched pretext of "controlling the risk of withdrawing funds."
The deposits and withdrawals was only in cryptocurrency, the account balance is now about 280 USDT.
I suspect that those who are more or less successfully trading in futures are blocked, the increase in the deposit is about 4x.
Now, they require full identification - send them your video with an identity document and a computer with a personal account.
No argumentation other than "we need it" is given. Naturally, a normal person will not trust such people with their personal data and personal videos, especially since there are no grounds, even formal ones.
I believe that the actions of the Binance exchange are simply the misappropriation of other people's funds in cryptocurrency, plus the extortion of personal data.
Draw conclusions whether you need to take risks with this "largest" kitchen exchange!
Mail exchange and proof:
--------------------------------------------------------------
1. Balance
https://i.ibb.co/KW4ZVD8/acc.png
2. Deposits
https://i.ibb.co/6mMSCxr/1.png
3. Withdrawals
https://i.ibb.co/WFw390f/2.png
4. Futures Trading History
https://i.ibb.co/4mJNLdW/4.png
---------------------------------------------------------------
Letters of happiness from Binance
5. Final conclusion
https://i.ibb.co/YQ0d9XB/5.png
6.
https://i.ibb.co/Svc2Q6m/6.png
7. Answer to ticket No. 3479316
https://i.ibb.co/Dzr7SJJ/7.png
8. Binance answer in Russian
https://i.ibb.co/wKTymYP/8.png
https://i.ibb.co/02jr5bW/9.png
9. My answer
https://i.ibb.co/vJqZ5WB/10.png
https://i.ibb.co/jDk1TXK/11.png
10. The curtain
https://i.ibb.co/G2xdTwf/12.png
11. The continuation of the ballet, it seems that the bot is unsubscribing:
https://i.ibb.co/hsL10vX/13.png
and the answer: https://i.ibb.co/v18x3Lb/14.png
In this thread, I suggest everyone to publish similar cases of blocking Binance accounts for collective appeal to the relevant authorities and informing the community of traders.
In particular, since July 11, 2020, I have been blocked from withdrawing funds from my account to a DASH wallet under the far-fetched pretext of "controlling the risk of withdrawing funds."
Quote
There is some abnormal activity with your withdrawals. We require you to verify your identity before we can re-enable your withdrawal functionality
The deposits and withdrawals was only in cryptocurrency, the account balance is now about 280 USDT.
I suspect that those who are more or less successfully trading in futures are blocked, the increase in the deposit is about 4x.
Now, they require full identification - send them your video with an identity document and a computer with a personal account.
No argumentation other than "we need it" is given. Naturally, a normal person will not trust such people with their personal data and personal videos, especially since there are no grounds, even formal ones.
I believe that the actions of the Binance exchange are simply the misappropriation of other people's funds in cryptocurrency, plus the extortion of personal data.
Draw conclusions whether you need to take risks with this "largest" kitchen exchange!
Mail exchange and proof:
--------------------------------------------------------------
1. Balance
https://i.ibb.co/KW4ZVD8/acc.png
2. Deposits
https://i.ibb.co/6mMSCxr/1.png
3. Withdrawals
https://i.ibb.co/WFw390f/2.png
4. Futures Trading History
https://i.ibb.co/4mJNLdW/4.png
---------------------------------------------------------------
Letters of happiness from Binance
5. Final conclusion
https://i.ibb.co/YQ0d9XB/5.png
6.
https://i.ibb.co/Svc2Q6m/6.png
7. Answer to ticket No. 3479316
https://i.ibb.co/Dzr7SJJ/7.png
8. Binance answer in Russian
https://i.ibb.co/wKTymYP/8.png
https://i.ibb.co/02jr5bW/9.png
9. My answer
https://i.ibb.co/vJqZ5WB/10.png
https://i.ibb.co/jDk1TXK/11.png
10. The curtain
https://i.ibb.co/G2xdTwf/12.png
11. The continuation of the ballet, it seems that the bot is unsubscribing:
https://i.ibb.co/hsL10vX/13.png
and the answer: https://i.ibb.co/v18x3Lb/14.png
In this thread, I suggest everyone to publish similar cases of blocking Binance accounts for collective appeal to the relevant authorities and informing the community of traders.
Well seems like if there is a huge number of withdrawals on the network they probably use the KYC methods to slow some down.
Just like what you mentioned here: 👇
Quote
Now, they require full identification - send them your video with an identity document and a computer with a personal account.
Although I have not checked all of the screenshots, I would like to say that Binance is a centralized exchange service and therefore has some responsibilities towards its users. For this reason, he evaluated the transactions made on your account as suspicious and took such a measure to protect your money. I usually think that this problem will be solved by the support team as such obstacles are easily resolved by the support team.
since it might be a suspicious activity
That's where we disagree then. Changing IPs and even changing countries should not be seen as suspicious activity, as far as I am concerned. As I said above, if you use Tor your exit node can and will jump all over the world. Exchanges should not be punishing users for taking their privacy seriously.If, as in your example, I logged in from Japan, made a deposit in Japanese Yen, traded it to bitcoin, and then the next day logged in from the UK, sold that bitcoin for Great British Pounds, and tried to withdraw it, then sure, that's an argument for suspecting money laundering and completing KYC. A simple IP change is not.
since it might be a suspicious activity
That's where we disagree then. Changing IPs and even changing countries should not be seen as suspicious activity, as far as I am concerned. As I said above, if you use Tor your exit node can and will jump all over the world. Exchanges should not be punishing users for taking their privacy seriously.If, as in your example, I logged in from Japan, made a deposit in Japanese Yen, traded it to bitcoin, and then the next day logged in from the UK, sold that bitcoin for Great British Pounds, and tried to withdraw it, then sure, that's an argument for suspecting money laundering and completing KYC. A simple IP change is not.
since it might be a suspicious activity
That's where we disagree then. Changing IPs and even changing countries should not be seen as suspicious activity, as far as I am concerned. As I said above, if you use Tor your exit node can and will jump all over the world. Exchanges should not be punishing users for taking their privacy seriously.If, as in your example, I logged in from Japan, made a deposit in Japanese Yen, traded it to bitcoin, and then the next day logged in from the UK, sold that bitcoin for Great British Pounds, and tried to withdraw it, then sure, that's an argument for suspecting money laundering and completing KYC. A simple IP change is not.
The administration of the Binance exchange is doing arbitrariness in relation to its clients.
In particular, since July 11, 2020, I have been blocked from withdrawing funds from my account to a DASH wallet under the far-fetched pretext of "controlling the risk of withdrawing funds."
The deposits and withdrawals was only in cryptocurrency, the account balance is now about 280 USDT.
I suspect that those who are more or less successfully trading in futures are blocked, the increase in the deposit is about 4x.
Now, they require full identification - send them your video with an identity document and a computer with a personal account.
No argumentation other than "we need it" is given. Naturally, a normal person will not trust such people with their personal data and personal videos, especially since there are no grounds, even formal ones.
I believe that the actions of the Binance exchange are simply the misappropriation of other people's funds in cryptocurrency, plus the extortion of personal data.
Draw conclusions whether you need to take risks with this "largest" kitchen exchange!
Mail exchange and proof:
--------------------------------------------------------------
1. Balance
https://i.ibb.co/KW4ZVD8/acc.png
2. Deposits
https://i.ibb.co/6mMSCxr/1.png
3. Withdrawals
https://i.ibb.co/WFw390f/2.png
4. Futures Trading History
https://i.ibb.co/4mJNLdW/4.png
---------------------------------------------------------------
Letters of happiness from Binance
5. Final conclusion
https://i.ibb.co/YQ0d9XB/5.png
6.
https://i.ibb.co/Svc2Q6m/6.png
7. Answer to ticket No. 3479316
https://i.ibb.co/Dzr7SJJ/7.png
8. Binance answer in Russian
https://i.ibb.co/wKTymYP/8.png
https://i.ibb.co/02jr5bW/9.png
9. My answer
https://i.ibb.co/vJqZ5WB/10.png
https://i.ibb.co/jDk1TXK/11.png
10. The curtain
https://i.ibb.co/G2xdTwf/12.png
11. The continuation of the ballet, it seems that the bot is unsubscribing:
https://i.ibb.co/hsL10vX/13.png
and the answer: https://i.ibb.co/v18x3Lb/14.png
In this thread, I suggest everyone to publish similar cases of blocking Binance accounts for collective appeal to the relevant authorities and informing the community of traders.
In particular, since July 11, 2020, I have been blocked from withdrawing funds from my account to a DASH wallet under the far-fetched pretext of "controlling the risk of withdrawing funds."
Quote
There is some abnormal activity with your withdrawals. We require you to verify your identity before we can re-enable your withdrawal functionality
The deposits and withdrawals was only in cryptocurrency, the account balance is now about 280 USDT.
I suspect that those who are more or less successfully trading in futures are blocked, the increase in the deposit is about 4x.
Now, they require full identification - send them your video with an identity document and a computer with a personal account.
No argumentation other than "we need it" is given. Naturally, a normal person will not trust such people with their personal data and personal videos, especially since there are no grounds, even formal ones.
I believe that the actions of the Binance exchange are simply the misappropriation of other people's funds in cryptocurrency, plus the extortion of personal data.
Draw conclusions whether you need to take risks with this "largest" kitchen exchange!
Mail exchange and proof:
--------------------------------------------------------------
1. Balance
https://i.ibb.co/KW4ZVD8/acc.png
2. Deposits
https://i.ibb.co/6mMSCxr/1.png
3. Withdrawals
https://i.ibb.co/WFw390f/2.png
4. Futures Trading History
https://i.ibb.co/4mJNLdW/4.png
---------------------------------------------------------------
Letters of happiness from Binance
5. Final conclusion
https://i.ibb.co/YQ0d9XB/5.png
6.
https://i.ibb.co/Svc2Q6m/6.png
7. Answer to ticket No. 3479316
https://i.ibb.co/Dzr7SJJ/7.png
8. Binance answer in Russian
https://i.ibb.co/wKTymYP/8.png
https://i.ibb.co/02jr5bW/9.png
9. My answer
https://i.ibb.co/vJqZ5WB/10.png
https://i.ibb.co/jDk1TXK/11.png
10. The curtain
https://i.ibb.co/G2xdTwf/12.png
11. The continuation of the ballet, it seems that the bot is unsubscribing:
https://i.ibb.co/hsL10vX/13.png
and the answer: https://i.ibb.co/v18x3Lb/14.png
In this thread, I suggest everyone to publish similar cases of blocking Binance accounts for collective appeal to the relevant authorities and informing the community of traders.
In the first place, As I read and summarize the things happened to you, I noticed that the problem is not with Binance platform.
You know why? It is simply because that BNB dex is one of the centralized exchange and that's normal anyway. If you declined their request
I think the problem will be yours. Because they are just implementing the rules that must supposed to be apply for the safety and protection of their users as well.
Other case they suspected that your account has been hacked because you have login from different IP address
Which is absolutely moronic. Using Tor or a VPN is not a crime, and users should not be punished for it. And even without these, you will have a different IP on different devices, and a mobile phone's IP location can show up as hundreds of kilometers away from your actual location. Locking accounts because of different IP addresses is stupid at best.But Binance has the right to investigate also, what if the user login from VPN in 1 location lets say he use japan server and then the next hours or days he/she login using UK server and so on, the platform has all the right to investigate, since it might be a suspicious activity.
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