Binance continues to review its products and services and make corresponding adjustments and upgrades to comply with the ever-changing global compliance requirements.

In order to better protect the rights of users and create a safe digital currency trading environment for everyone, Binance will make the following adjustments to its services:

For all new users of Binance

Immediately, all new users must complete intermediate verification before they can use various products and services of the Binance platform, including digital currency recharge, transaction, and withdrawal.

For all existing users of Binance

For the old users who have not completed the intermediate verification, their accounts will be temporarily switched to the “withdrawal only” mode, and users will only be able to withdraw, withdraw, redeem, and close positions.

In order to minimize the impact on users, the adjustment will be carried out in batches from now on.

The last batch of users will be adjusted at 08:00 (East Eighth District Time) on October 19, 2021.

Users will also receive reminders in batches. After completing the intermediate verification, users will be able to resume using various services on the Binance platform.

Binance strongly recommends that users complete the intermediate verification as soon as possible to avoid restricted account access during the verification review.

Binance has always attached great importance to “User Identity Verification (KYC)” review and anti-money laundering work.

This adjustment is adhering to this principle, and these measures will be able to better protect users and combat financial crimes.

Risk warning: digital currency trading has huge risks. Please purchase with caution and pay attention to the trading risks. Binance will select high-quality currencies, but will not be responsible for any of your transactions, such as guarantees and compensation.

Go to Binance’s Official Website