{"id":327929,"date":"2021-08-20T11:54:01","date_gmt":"2021-08-20T08:54:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/all-binance-users-are-now-subject-to-immediate-kyc-verification\/"},"modified":"2021-08-20T11:54:01","modified_gmt":"2021-08-20T08:54:01","slug":"all-binance-users-are-now-subject-to-immediate-kyc-verification","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/all-binance-users-are-now-subject-to-immediate-kyc-verification\/","title":{"rendered":"# All Binance users are now subject to immediate KYC verification"},"content":{"rendered":"<p>&#8220;<strong># All Binance users are now subject to im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>te KYC verification  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvZTg0MWRmZGMtZDQwYy00NjRmLWI3MWQtODE5ZDRlMjU0MTkwLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Binance has been at the regulatory cross-hair of jurisdictions across the globe, amid claims of it operating unlicensed businesses. As remediation to the ongoing scrutiny, the crypto exchange has publicly announced new know your customer (KYC) requirements for all users on the platform.\u00a0<\/p>\n<p>\u201cEffective immediately, all new users are required to complete Intermediate Verification to access Binance products and service offerings, including cryptocurrency deposits, trades and withdrawals,\u201d the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/51bf294e26324211a4731ca998e110ca\">statement<\/a> said. <\/p>\n<p>Moreover, existing users that were previously allowed to trade cryptocurrency without verification will be allowed to only process \u201cwithdrawals, order cancellation, position close, and redemption.\u201d <\/p>\n<p>According to Binance, the change in policy for existing users will be rolled out in phases to ensure minimal disruptions in user experience. However, immediate KYC verification will allow the users to have complete access to Binance products and services. The company said:<\/p>\n<blockquote><p>\u201cBinance strongly advises users to complete their Intermediate Verification promptly to avoid delays in the verification process and restrictions on their access.\u201d<\/p><\/blockquote>\n<p>The crypto exchange claims to implement KYC and Anti-Money Laundering measures as a way to enhance investor protection against financial crimes.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/all-binance-users-are-now-subject-to-immediate-kyc-verification\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# All Binance users are now subject to immediate KYC verification &#8221; Binance has been at the regulatory cross-hair of jurisdictions across the globe, amid claims of it operating unlicensed businesses. As remediation to the ongoing scrutiny, the crypto exchange has publicly announced new know your customer (KYC) requirements for all users on the platform.\u00a0&#8230;<\/p>\n","protected":false},"author":1,"featured_media":327930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvZTg0MWRmZGMtZDQwYy00NjRmLWI3MWQtODE5ZDRlMjU0MTkwLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74859,75014,74860,75141,70934],"class_list":["post-327929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-aml","tag-binance","tag-cryptocurrency-exchange","tag-kyc","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/327929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=327929"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/327929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/327930"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=327929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=327929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=327929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}