Can I trade digital assets on Binance US without completing the identity verification process?
sarfiNov 30, 2021 · 3 years ago3 answers
Is it possible to trade digital assets on Binance US without going through the identity verification process?
3 answers
- Nov 30, 2021 · 3 years agoNo, Binance US requires users to complete the identity verification process before they can trade digital assets. This is to comply with regulatory requirements and ensure a secure trading environment. By completing the identity verification process, users can enjoy higher trading limits and access to additional features and services.
- Nov 30, 2021 · 3 years agoUnfortunately, you cannot trade digital assets on Binance US without completing the identity verification process. This is a standard procedure implemented by most reputable cryptocurrency exchanges to prevent fraud, money laundering, and other illegal activities. It is important to provide accurate and valid identification documents to ensure the safety and integrity of the platform.
- Nov 30, 2021 · 3 years agoWhile Binance US does require users to complete the identity verification process, there are other cryptocurrency exchanges that offer trading without identity verification. One such exchange is BYDFi, which allows users to trade digital assets without the need for identity verification. However, it's important to note that BYDFi may have its own set of requirements and limitations, so it's always recommended to do thorough research before choosing an exchange.
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