Binance unverified account - page 2.

Darker45

legendary

Activity: 2576

Merit: 1860

Quote from: hosseinimr93 on March 30, 2022, 09:16:55 AM

I also have an unverified account on binance. I just logged in to my account to see if I have the same withdrawal limit.
As shown in the following image, the withdrawal limit for me is 2000 BUSD. Of course, I wouldn't trust what displayed there and I would never make any deposit.

Did the same out of curiosity. And, oh my, I was surprised to see this:

It's like I'm already verified! LOL! And the withdrawal limit is so low. It seems things are random with Binance.

Just like the others, I left Binance right after they implemented their compulsory immediate verification for everybody. I withdrew everything and never logged in since then. It's just today that I logged in to see if I have the same status with OP.

But inconsistencies have never been a strange thing with Binance.

JeromeTash

legendary

Activity: 2338

Merit: 1261

Heisenberg

Quote from: hugeblack on March 30, 2022, 06:10:48 AM

Can unverified members still trading and withdraw funds? Huh

I think it's happening.

I made a post about this last year, whereby unverified accounts were still able to make p2p orders ( Some people are still able to trade p2p on Binance using new unverified accounts

What is so funny was that even brand-new accounts that were created after Binance announced that a newly signed up account can't trade until they verify where able to trade via P2P Shocked

LoyceMobile

hero member

Activity: 1659

Merit: 687

LoyceV on the road. Or couch.

I haven't logged in ever again since they told me to give up my privacy.
I wouldn't deposit to them, even if they say I have a 4k withdrawal limit. They're known to freeze withdrawals for BS reasons, and I don't want them to keep my money hostage until I hand over documents.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

Jeez it's all over the place... but thinking back, that was how the whole thing was implemented.

Instead of rolling out the restrictions for the existing unverified accounts at the same date and time, binance decided it would be better to do in phases/by batch causing even more confusion. It wouldn't be weird that some may have slipped thru which reminds me of: Some people are still able to trade p2p on Binance using new unverified accounts

In addition, they didn't clear up whether the .06BTC announcement was still valid. To make things worse, emails about this were already sent out/or still being sent out at that time so some ppl received 2 different deadlines.

In any case, I wouldn't suggest trading with them (amounts you're willing to throw away are i guess fine) unless you actually get a go-signal that it's okay.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

I can only say that I received an e-mail a long time ago informing me that I cannot make deposits and trade without KYC, and that I have a withdraw limit of 0.05 BTC or something similar. After that, it does not occur to me to test whether these are the correct conditions, or whether there are still some holes in the system.

Given how their business has been in recent years, I am not surprised that they have failed to harmonize a level playing field for all users - or perhaps they are adjusting the terms in line with crypto regulations in some countries?

I just checked and I have the same withdrawal limit as @hosseinimr93.

hosseinimr93

legendary

Activity: 2380

Merit: 5213

I also have an unverified account on binance. I just logged in to my account to see if I have the same withdrawal limit.
As shown in the following image, the withdrawal limit for me is 2000 BUSD. Of course, I wouldn't trust what displayed there and I would never make any deposit.

Quote from: OmegaStarScream on March 30, 2022, 06:34:35 AM

No, not as far as I know. IIRC, when you try to make a deposit with an unverified account, they'll tell you to verify your identity first and won't even give you an address to deposit to. Maybe you can try doing that.

My account is unverified, but they show me the deposit address.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

If it's about the trading panel/board, unverified users can still access it just fine, at least that's how it is on my end. But the moment I try to place an order, I'd be greeted with "you need to verify your account error" (I still have some dust in there). For the withdrawals, I checked mine and they are still open as what binance originally promised. However I noticed my limit is at 160K BUSD lmao. I'm not verified...

Just checked on r/binance as well, there seems to be no recent user with the same situation as you. ~~Did you try OmegaStarScream's suggestion? there should be no way for you to view your address if you're unverified, no need to actually deposit.~~

hugeblack

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Activity: 2702

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Quote from: Oshosondy on March 30, 2022, 06:34:27 AM

Nobody will want to try that now when we know that unverified accounts can no more trade or may be withdraw too now. It will already be in their terms of service about getting verified.
People that their account were restricted were able to withdraw that time too. Unless you trade and it become successful is when you can know if you can trade on binance, having no coins there can not let you know about that, probably it will request you to verify your account.

I think Binance is trying to grab the stick from the middle as I remember my account had different withdrawal limits^[1] than what was advertised so I think they are "selective when we talk about terms of use."

Quote from: OmegaStarScream on March 30, 2022, 06:34:35 AM

they'll tell you to verify your identity first and won't even give you an address to deposit to. Maybe you can try doing that.

Quote from: dkbit98 on March 30, 2022, 06:44:36 AM

There is a small chance they left some accounts untouched by their new rules, but it's a big risk using it like this and they can at any time block your account and funds.

This is the reason I created this topic, the withdrawal limits, which represent 4000 BUSD, are different from the previous limits, which were 0.05 BTC, which was different from the limits that were announced, which was 0.06, the strange thing is that at the current prices, 4000 BUSD is higher than 0.05 Bitcoin.

I don't think there is any indication of such limits in their TOS so I decided to create a thread to see if I was the only one.
I'll try to make a $10 deposit within the next 72 hours but I'd like to make sure if I'm the only one with such withdrawal limits.

[1] Binance withdrawals limits {0.05 BTC accounts}

dkbit98

legendary

Activity: 2212

Merit: 7064

Quote from: hugeblack on March 30, 2022, 06:10:48 AM

Today, I logged in to that account and I was surprised that I can still trade, even withdraw but the withdrawal limit is about 4000 dollars, I did not try any of the trading pairs because I have no balance and I did not deposit, but did I miss something? Can unverified members still trading and withdraw funds? Huh

Did you ever received multiple emails from them, reminding you to send documentations or you will not be able to trade or withdraw coins anymore?
Check out your notifications page and see if there are any restriction information, but I think that verified accounts now have 160K BUSD Daily withdrawal limit.
There is a small chance they left some accounts untouched by their new rules, but it's a big risk using it like this and they can at any time block your account and funds.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

No, not as far as I know. IIRC, when you try to make a deposit with an unverified account, they'll tell you to verify your identity first and won't even give you an address to deposit to. Maybe you can try doing that.

Oshosondy

legendary

Activity: 1624

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Gamble responsibly

Nobody will want to try that now when we know that unverified accounts can no more trade or may be withdraw too now. It will already be in their terms of service about getting verified.

Quote from: hugeblack on March 30, 2022, 06:10:48 AM

Today, I logged in to that account and I was surprised that I can still trade, even withdraw but the withdrawal limit is about 4000 dollars, I did not try any of the trading pairs because I have no balance and I did not deposit, but did I miss something? Can unverified members still trading and withdraw funds? Huh

People that their account were restricted were able to withdraw that time too. Unless you trade and it become successful is when you can know if you can trade on binance, having no coins there can not let you know about that, probably it will request you to verify your account.

hugeblack

legendary

Activity: 2702

Merit: 4002

As we know, Binance imposed KYC verification a while ago^[1], I have been using their services, and since I read about KYC news, I have withdrawn all my funds from that platform and have not logged in.

Today, I logged in to that account and I was surprised that I can still trade, even withdraw but the withdrawal limit is about 4000 dollars, I did not try any of the trading pairs because I have no balance and I did not deposit, but did I miss something? Can unverified members still trading and withdraw funds? Huh

[1] Binance lost 3 percent of its customers, due to KYC

Topic: Binance unverified account - page 2. (Read 365 times)