What ID can I use in 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. This makes trading easy and fast.

Yes. If you earned at least $600 through staking or Learn and Earn rewards, Binance.US issues 1099-MISCs and reports to the IRS . These kinds of incomes are classified as ordinary income.

Driver’s License / Government-issued photo ID . Passport. Social security number. PAN card.

Binance requires all users to complete Identity Verification to increase their account security and to comply with countries’ regulations . Therefore, you might be asked to re-verify your Binance account from time to time.

You have to be over 18 years old minimum to trade on a crypto exchange and must have a bank account in your own name. This is due to money laundering laws. So use a bank statement as proof of address .