Yes i have already seen about this notification.
They too notify me that do the verification and get 10 USDT instantly after verifying.
What will happen if we don’t verify the identity? I have currently 2500$ worth of BTC there at Binance.
Should I withdraw those before 19th ?
Or it should be fine? I haven’t done any KYC (except the email and phone number thing).
Waiting for some answers from someone trusted.
You can still make withdrawals even after October 19th. According to the published article, you will currently be limited to a number of things including withdrawals, order cancellations, position closing and redemption.
SourceExisting users who have not yet completed Intermediate Verification will have their account permissions temporarily changed to “Withdraw Only”, with services limited to withdrawal, order cancellation, position close, and redemption.
Because your KYC is still at the basic level, then you must verify to the intermediate level so that the withdrawal limit become bigger. For the basic level verification you can only withdraw 0.06 btc or in crypto, while the intermediate level you will be able to withdraw 100 btc per day or $50K per day in fiat.