Tag: Binance level 2 verification

Binance supports buying Bitcoin with cash which is also called an anonymous buying method . For fiat transactions, you will not have to use a bank account or online wallet.

Just keep in mind that American citizens are not allowed to use the crypto exchange. If you want to set up a Binance account, you must first verify your identity . There’s no option to verify your account with United States credentials.

“Binance allows customers to create accounts, use basic functions and perform limited transactions without submitting KYC information . In order to gain full access and increase higher deposits and withdrawal limits, customers will need to complete the KYC verification process,” the company said in a blog post.20 Kas 2021

1. What happens if I can’t complete the verification within the deadline? If you haven’t completed the new verification within the deadline, your Binance account will be restricted to “Withdrawal Only” .