Binance NonVerified Account Questions. - page 2.

TastyChillySauce00

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Quote from: jerry0 on September 25, 2021, 09:12:42 PM

My question is... does that mean I could still trade on binance at the moment before that date?

You could still trade on binance before that date and you can check it directly whether all of features are still available for you or not.

Quote from: jerry0 on September 25, 2021, 09:12:42 PM

Or could I only withdraw right now?

As per the binance's message, your account's status will be changed to the withdraw only when you didn't complete the verification process on the deadline date.

Quote from: jerry0 on September 25, 2021, 09:12:42 PM

Thing is I don't plan to submit KYC so people say if you don't, then make sure you withdraw your balance. I do have some altcoins in there so I was thinking about trading it for btc or stablecoin and then withdrawing.

In my opinion if it's better to withdraw your money from there. binance was really sensitive. You should need to worry binance can lock your account anytime and you won't able to withdraw your money from there.
You were using exchange site and you must follow their policy. Think about that

magnum1010

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Quote from: jerry0 on September 25, 2021, 09:12:42 PM

Hi. I have a binance account for a while. I have coins there but I never sent in verification documents. I got that email that if I do not send my verification by a certain date, my account will then be withdraw only. I also read the withdraw limit right now is 0.06 btc since a while back they said if you didn't submit verification, that would be your withdraw limits. I didn't mind that since I didn't have that much. I do have to make two withdraws though most likely

My question is... does that mean I could still trade on binance at the moment before that date? Or could I only withdraw right now? Thing is I don't plan to submit KYC so people say if you don't, then make sure you withdraw your balance. I do have some altcoins in there so I was thinking about trading it for btc or stablecoin and then withdrawing.

But anyone else with a binance non verified account can answer this question?

There are three levels of verification on Binance. Two of them have become obligatory since august. If you verify your account you get an opportunity to withdraw fiat money directly to your card and also you can deposit more fiat money. I am not sure if you can continue trade without verification as to have basic and intermediate verification is obligatory now.

jerry0

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I got that email... but then I got another email that seems to be two week sooner now?

vv181

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Quote from: jerry0 on September 25, 2021, 09:12:42 PM

My question is... does that mean I could still trade on binance at the moment before that date?

Yes.

Quote from: jerry0 on September 25, 2021, 10:37:04 PM

Can anyone here confirm this? If so, i might trade my altcoin for btc or stablecoin before i withdraw.

You better withdraw all your balance as soon as possible since Binance is gradually limiting the accounts until the date mentioned in the email, so who knows when your account will be limited, it could be anytime before that date.

Refer to the below announcement:

Quote from: jerry0 on September 25, 2021, 10:59:51 PM

I got that email... but then I got another email that seems to be two week sooner now?

Just withdraw your balances whenever possible. The restrictions could be applied to your account at any second.

Personally, my account already being limited to withdrawal only, when that happen, I got this email:

Quote

Your account is now restricted to withdrawals only. Get verified now

We were unable to verify your account
Dear Binancian,
Your account privileges are restricted to withdrawals only. To restore full access to your Binance account, please verify your account immediately.

jerry0

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Can anyone here confirm this? If so, i might trade my altcoin for btc or stablecoin before i withdraw.

Again i dont plan to submit kyc.

khiholangkang

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All I know is that KYC is needed on Binance only to increase the daily withdrawal limit, and follow the events that are there.

If for trading you can still do it even if your account is not KYC verified.

jerry0

full member

Activity: 1792

Merit: 186

Hi. I have a binance account for a while. I have coins there but I never sent in verification documents. I got that email that if I do not send my verification by a certain date, my account will then be withdraw only. I also read the withdraw limit right now is 0.06 btc since a while back they said if you didn't submit verification, that would be your withdraw limits. I didn't mind that since I didn't have that much. I do have to make two withdraws though most likely

My question is... does that mean I could still trade on binance at the moment before that date? Or could I only withdraw right now? Thing is I don't plan to submit KYC so people say if you don't, then make sure you withdraw your balance. I do have some altcoins in there so I was thinking about trading it for btc or stablecoin and then withdrawing.

But anyone else with a binance non verified account can answer this question?

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