HOW TO PASS KYC VERIFICATION ON BINANCE

On many cryptocurrency exchanges those users who haven’t passed KYC are facing some restrictions. For example, they may have minimum limits on funds deposit and withdrawal, also, they are sometimes not allowed to use the exchange additional functions or to trade. Read more about why verification is needed in our article.

On Binance you are to complete the basic verification to be able to deposit and withdraw funds. The next verification level is intermediate. Passing it you’ll be able to use API keys. These keys are necessary for connecting to the exchange of trading terminals, for example, the CScalp. Also, after you complete the intermediate verification, your fiat funds deposit and withdrawal limits extend.

Extended verification does not affect user's access to trading on Binance and the use of other exchange functions. Therefore, we shouldn’t waste our time on it.

There is a verification levels table below, with passing requirements and restrictions for each level.

1. Hover over the profile icon in the upper corner of the exchange website and click "Identification".

2. In the "Verified" section, click the "Start now" button.

3. A blank window appears with the fields:

• Nationality;
• First Name;
• Last Name;
• Middle Name;
• Date of birth.

After filling in the fields, click "Continue".

4. In the next window, specify additional information, fill in the fields:

• Residetntial Address;
• Postal code;
• City;

Click "Continue".

Good job! Basic verification has been passed, access to the funds deposit and withdrawal has been opened. Now we pass the intermediate verification to remove the remaining restrictions.

1. Go to the "Identification" page. In the "Verified" block, click "Start Now".

2. A window where you have to indicate the identity document appears. Select the document and the issuing country, then click "Continue".

3. Then click the "Upload files" button and attach a photo/scan of the documents that meet the requirements of the exchange. After downloading, click "Continue".

5. Launch the Binance mobile app and scan the QR code. Then click "I have completed the process on my phone".

Done! The data has been sent for the consideration.