Can you be anonymous on Binance?

It’s definitely safe for you to provide your ID for verification as the ban doesn’t mean you can’t invest with binance . Binance has added support for Chinese users of WeChat and Alipay, circumventing a Chinese ban on cryptocurrency exchanges by launching a P2P service that is accessible by Chinese citizens.

#7) Binance It allows the cash method for trading and hence supports anonymous buying of Bitcoins . 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.

Binance requires all users to complete Identity Verification to increase their account security and to comply with countries’ regulations.