Cryptocurrency Q&A
Can I trade on Binance without KYC?
Can I trade on Binance without KYC?
Moonshadow
Wed May 08 2024
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7 answers
1812
Could you possibly clarify for me if it's permissible to engage in trading activities on Binance without going through the Know Your Customer (KYC) process? I've heard some rumors floating around the crypto community about this, but I'm not entirely sure if they're accurate. It would be greatly appreciated if you could shed some light on this matter, as I'm interested in exploring Binance as a trading platform but am also concerned about privacy and regulatory compliance. Could you provide any insights into the platform's policies in regards to KYC, and whether or not there are workarounds or exceptions to the rule? Thank you for your time and assistance.
7 answers
RubyGlider
Fri May 10 2024
Binance, a leading cryptocurrency exchange, has announced new measures regarding Know Your Customer (KYC) compliance.
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ZenBalance
Fri May 10 2024
Effective from March 20th, 2024, the exchange will be imposing restrictions on sub-accounts.
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Sara
Fri May 10 2024
These restrictions apply specifically to sub-accounts that lack compliant KYC documentation.
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Michele
Thu May 09 2024
KYC is a crucial aspect of ensuring the safety and legitimacy of cryptocurrency transactions.
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StarlitFantasy
Thu May 09 2024
Users who have completed the verification process and are compliant with KYC requirements will continue to enjoy access to their sub-accounts.
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