Topic: Binance withdrawals limits {0.05 BTC accounts} (Read 623 times)
Can you stop spamming with promoting links to your website?
You post the same thing on all topics about Binance with the site that does not have sufficient credibility.
I can understand that you hate Binance, but don't bully the rest of us with that.
Does not have trust? Boy, there is more trust in the site ... than to you. With all due respect.
Binance is ‘not capable’ of proper supervision
https://www.thetimes.co.uk/article/db7b8908-05c9-11ec-a644-d92df3a28bb3?shareToken=d509427e01e16a31c4434f7e70a8f22c
No offence Rrita,,, I never heard of Nominex but if they are member of Binance broker that is a good thing. I will make note of all of this.
I forget to mention about Phemex exchange. Phemex offers spot trading, Contract trading, Simulated trading and Volume(24h) $3,154,886,038 (65,095 BTC).They also offer 2 BTC withdrawals per day for non-KYC users. Just talked with Customer support about this and the reply was:
Standard and Premium trial users can only withdraw up to 2 BTC per day. Withdrawal processing times are at 08:00, 16:00, and 24:00 UTC every day. Premium users have no withdrawal limits and enjoy hourly withdrawal reviews. For security purposes, each account must have at least one valid prior deposit (of any amount) and must have Google two-factor authentication (2FA) enabled prior to a withdrawal.
Now there is a promotional offer ongoing, PEMEX DEPOSIT DAZZLE Crypto Deposit Bonus up to $2,000 (TRADING BONUS).
Hope this information would be helpful for you.
For sure it did really make out some effect in overall userbase of Binance when it did turn out to full KYC system which is mainly hated on this market but since these platforms are regulated then it isnt a surprise
that these changes would be implied anytime soon not only into this exchange but on the current existing ones.
I havent heard of about Phemex and Nominex but its good to know that there are indeed currently existing which you can make it as an option as long it is a legit and reputable one.
As a business I hope Binance does not lose customers because of this if they haven't already because chances are high most of their customers hadn't gone through with the know your customer (KYC) process, btw what criteria did they use to come to the 0.05 btc withdraw limit ...does this limit leave them competitive with other centralized exchanges with a leeway of how much can be withdrawn without KYC/AML.
Just thinking about it these regulators that watched from afar are really hurting crypto which has taken several years to build.
Just thinking about it these regulators that watched from afar are really hurting crypto which has taken several years to build.
Why defend that platform? They are scammers and some Bitcointalk members have informed some scam behaviors of @NominexExchange like cheating bounty hunters, locking up tokens and other things.
It does not matter if they have a relationship with Binance but this does not add to their credibility.
If Nominex.io has not solved the problem, this means that they will repeat this, whatever positive feedbacks.
I wish all to move away and stop using that platform.
[1] https://bitcointalk.org/index.php?action=trust;u=2704636
It does not matter if they have a relationship with Binance but this does not add to their credibility.
If Nominex.io has not solved the problem, this means that they will repeat this, whatever positive feedbacks.
I wish all to move away and stop using that platform.
[1] https://bitcointalk.org/index.php?action=trust;u=2704636
Ops, thanks for bringing this here. So they did cheat with the bounty hunter by doing a lockup bounty coin for the period of 1 year. It's not good for an exchange. I have no relation with this exchange, Just used the exchange a few times and everything was smooth. So why mention the name here. Hope people will DYOR before joining.
I don't have any problem with current binance KYC implementation as I'm verified on that platform for more than a year and so far I didn't find any complexity nor danger towards doing that on their exchange that's why I prefer to use this exchange but your recommendation makes me think that there are also a platform that offer almost the same thing with binance so maybe I will look at it as I'm seeking an alternative where I can trade If I got bored staying at binance. By the way does Phemex and Nominex is new exchange since I don't heard about them even before?
There are scam accusations about Nominex , so it would be nice not to try this now.Phemex is a good alternative to Binance, If you check the current volume it's very good. They have huge volume, liquidity, order book, good customer support, Well designed web interface, and an android application. It's very wise not to do trade only one exchange, So we need some alternative exchange.
Still, some exchanges offering NON-KYC services. Among them Nominex offering the highest withdrawal. They are offering up to 3BTC withdrawal without KYC. It's new but looking good at all. I created an account also bought some NMX coins. Nominex exchange becomes a member of the Binance broker program so it's more reliable right now.
Here is the Bitcointalk ANN thread of Nominex exchange, https://bitcointalksearch.org/topic/exchangenominexio-new-trading-platform-with-low-fees-and-numerous-instruments-5197241
Why defend that platform? They are scammers and some Bitcointalk members have informed some scam behaviors of @NominexExchange like cheating bounty hunters, locking up tokens and other things. Here is the Bitcointalk ANN thread of Nominex exchange, https://bitcointalksearch.org/topic/exchangenominexio-new-trading-platform-with-low-fees-and-numerous-instruments-5197241
It does not matter if they have a relationship with Binance but this does not add to their credibility.
If Nominex.io has not solved the problem, this means that they will repeat this, whatever positive feedbacks.
I wish all to move away and stop using that platform.
[1] https://bitcointalk.org/index.php?action=trust;u=2704636
Exchanges have always been the weak point in crypto. I lost count how many i have registerd and not exist any longer.
I guess at some stage all trading is done on noncustodial brockerless trading.
Still, some exchanges offering NON-KYC services. Among them Nominex offering the highest withdrawal. They are offering up to 3BTC withdrawal without KYC. It's new but looking good at all. I created an account also bought some NMX coins. Nominex exchange becomes a member of the Binance broker program so it's more reliable right now.
Here is the Bitcointalk ANN thread of Nominex exchange, https://bitcointalksearch.org/topic/exchangenominexio-new-trading-platform-with-low-fees-and-numerous-instruments-5197241
Why defend that platform? They are scammers and some Bitcointalk members have informed some scam behaviors of @NominexExchange like cheating bounty hunters, locking up tokens and other things. Here is the Bitcointalk ANN thread of Nominex exchange, https://bitcointalksearch.org/topic/exchangenominexio-new-trading-platform-with-low-fees-and-numerous-instruments-5197241
It does not matter if they have a relationship with Binance but this does not add to their credibility.
If Nominex.io has not solved the problem, this means that they will repeat this, whatever positive feedbacks.
I wish all to move away and stop using that platform.
[1] https://bitcointalk.org/index.php?action=trust;u=2704636
No offence Rrita,,, I never heard of Nominex but if they are member of Binance broker that is a good thing. I will make note of all of this.
I forget to mention about Phemex exchange. Phemex offers spot trading, Contract trading, Simulated trading and Volume(24h) $3,154,886,038 (65,095 BTC).They also offer 2 BTC withdrawals per day for non-KYC users. Just talked with Customer support about this and the reply was:
Standard and Premium trial users can only withdraw up to 2 BTC per day. Withdrawal processing times are at 08:00, 16:00, and 24:00 UTC every day. Premium users have no withdrawal limits and enjoy hourly withdrawal reviews. For security purposes, each account must have at least one valid prior deposit (of any amount) and must have Google two-factor authentication (2FA) enabled prior to a withdrawal.
Now there is a promotional offer ongoing, PEMEX DEPOSIT DAZZLE Crypto Deposit Bonus up to $2,000 (TRADING BONUS).
Hope this information would be helpful for you.
No offence Rrita,,, I never heard of Nominex but if they are member of Binance broker that is a good thing. I will make note of all of this.
I forget to mention about Phemex exchange. Phemex offers spot trading, Contract trading, Simulated trading and Volume(24h) $3,154,886,038 (65,095 BTC).Thanks again and yes the information is useful,,, except I have a hard time trusting new exchanges (or old ones I never heard of). It is already hard enough to trust CEXs especially but at least the Nominex you mentioned was a Binance broker, but what about Phemex? I guess now I am really surprised not to know the withdrawals were of such high limits.
No offence Rrita,,, I never heard of Nominex but if they are member of Binance broker that is a good thing. I will make note of all of this.
I forget to mention about Phemex exchange. Phemex offers spot trading, Contract trading, Simulated trading and Volume(24h) $3,154,886,038 (65,095 BTC).They also offer 2 BTC withdrawals per day for non-KYC users. Just talked with Customer support about this and the reply was:
Standard and Premium trial users can only withdraw up to 2 BTC per day. Withdrawal processing times are at 08:00, 16:00, and 24:00 UTC every day. Premium users have no withdrawal limits and enjoy hourly withdrawal reviews. For security purposes, each account must have at least one valid prior deposit (of any amount) and must have Google two-factor authentication (2FA) enabled prior to a withdrawal.
Now there is a promotional offer ongoing, PEMEX DEPOSIT DAZZLE Crypto Deposit Bonus up to $2,000 (TRADING BONUS).
Hope this information would be helpful for you.
Nominex exchange becomes a member of the Binance broker program so it's more reliable right now.
Okex seems to be a good alternative as well. I can withdraw up to 10 BTC per 24 hours without the need to verify my identity. I also like the fact that lightning network withdrawals are supported which is something I believe no one has done so far.Thank you everyone for all of these exchanges. No offence Rrita,,, I never heard of Nominex but if they are member of Binance broker that is a good thing. I will make note of all of this.
Okex I also think is a good exchange even though people say they do a lot of wash trading in past. Kucoin much the same,,, I did not realize their wd limits were so high!
This is the end of non KYC exchanges. 
Still, some exchanges offering NON-KYC services. Among them Nominex offering the highest withdrawal. They are offering up to 3BTC withdrawal without KYC. It's new but looking good at all. I created an account also bought some NMX coins. Nominex exchange becomes a member of the Binance broker program so it's more reliable right now.
-snip-
Okex seems to be a good alternative as well. I can withdraw up to 10 BTC per 24 hours without the need to verify my identity. I also like the fact that lightning network withdrawals are supported which is something I believe no one has done so far.
How about Kucoin, everyone is forgetting this top exchange. They still have 5 btc daily withdrawal limit for unverified account. Let us see if this will change in the future. But for small traders, I guess the the reduction of limits in binance is still fine. At least, with that exchange, they have very good liquidity and your funds are relatively safe. I am verified in Binance owed to access in p2p trading, so I have no problem with their reduction limits.
I also like the fact that lightning network withdrawals are supported which is something I believe no one has done so far.
Bitfinex supports Lightning Network deposits and withdrawals as well. They also maintain two fairly large and well-connected nodes (bfx-lnd0, bfx-lnd1) so payment failures should not be a real problem.
This is the end of non KYC exchanges.
Still, some exchanges offering NON-KYC services. Among them Nominex offering the highest withdrawal. They are offering up to 3BTC withdrawal without KYC. It's new but looking good at all. I created an account also bought some NMX coins. Nominex exchange becomes a member of the Binance broker program so it's more reliable right now.
-snip-
Okex seems to be a good alternative as well. I can withdraw up to 10 BTC per 24 hours without the need to verify my identity. I also like the fact that lightning network withdrawals are supported which is something I believe no one has done so far.
This is the end of non KYC exchanges.
Still, some exchanges offering NON-KYC services. Among them Nominex offering the highest withdrawal. They are offering up to 3BTC withdrawal without KYC. It's new but looking good at all. I created an account also bought some NMX coins. Nominex exchange becomes a member of the Binance broker program so it's more reliable right now.
Here is the Bitcointalk ANN thread of Nominex exchange, https://bitcointalksearch.org/topic/exchangenominexio-new-trading-platform-with-low-fees-and-numerous-instruments-5197241
Today Binance blog publishes a new update regarding KYC, https://www.binance.com/en/blog/421499824684902585/ecosystem/binance-expands-global-kyc-requirements-to-further-user-protection
According to this blog post, All Binance users need to do the Intermediate Verification requirement. To prevent Anti-Money Laundering (AML) Binance doing this.
According to this blog post, All Binance users need to do the Intermediate Verification requirement. To prevent Anti-Money Laundering (AML) Binance doing this.
It is funny to see this type of post actually because on one hand it makes them look good to show the regulators that they care about AML and regulations and they want to do right,,,
But on the other hand it is a sort of admitting that in the past, they did not care;)
This is the end of non KYC exchanges.
Today Binance blog publishes a new update regarding KYC, https://www.binance.com/en/blog/421499824684902585/ecosystem/binance-expands-global-kyc-requirements-to-further-user-protection
According to this blog post, All Binance users need to do the Intermediate Verification requirement. To prevent Anti-Money Laundering (AML) Binance doing this.
According to this blog post, All Binance users need to do the Intermediate Verification requirement. To prevent Anti-Money Laundering (AML) Binance doing this.
Does anybody know what the max withdrawal is for verified?
This is only an increase in the withdrawal limit for basic users (non-KYC) and is not affected for level 1 users onwards. I think if you are verified, it will be equal to VIP1 user which is 100BTC per day (iirc).
Thanks. As I know there are 3 levels of verification for Binance, the most basic is just verification of contact locations and then the second is matching personal ID with your details while the third is full residence, location and banking verification.
I was the most basic level on a long time ago but never received any notice. I have avoided going to try even log in now until all of this blows away
Jump to: