Before trading on Binance, you need to complete KYC (Know Your Customer) identity verification. Different verification levels correspond to different permissions and limits. If you don't have an account yet, register on Binance first, then download the Binance APP to begin verification.
What Is KYC?
KYC stands for Know Your Customer. It's a standard practice in the financial industry where exchanges need to confirm users' real identities to prevent money laundering, fraud, and other illegal activities.
Simply put, it's identity verification — letting the platform know who you are.
What Are the Binance KYC Levels?
Basic Verification (Verified)
This is the most fundamental verification level. Once completed, you can use most Binance features.
Requirements:
- Real name
- Date of birth
- Residential address
- Valid ID document (national ID, passport, or driver's license)
- Facial recognition verification
After completion, you can:
- Trade spot and futures
- Use P2P trading to buy crypto
- Access higher daily withdrawal limits
- Use earn products
Advanced Verification (Verified Plus)
Further verification on top of basic verification for higher limits.
Additional requirements:
- Proof of address documents (such as bank statements, utility bills, etc.)
After completion, you can:
- Access even higher daily withdrawal limits
- Use more advanced features
What Can You Do Without Verification?
If you've registered but haven't completed any verification, your account will be severely restricted:
- Cannot trade
- Cannot deposit or withdraw
- Can essentially only browse market data
So completing at least basic verification as soon as possible after registration is essential.
How Long Does Verification Take?
Basic Verification
After submission, the system typically reviews automatically, and most people pass within minutes. During peak periods, it may take a few hours.
Advanced Verification
Since address proof requires manual review, it takes slightly longer — usually completed within 1-3 business days.
What to Keep in Mind During Verification
ID Photo Requirements
- The full document must be visible in the frame, with all four corners showing
- Good lighting without glare
- Clear photos with legible text
- Don't use photos of photocopies or screenshots
Facial Recognition Requirements
- Do it in a well-lit environment
- Face the camera straight on
- Don't wear sunglasses or hats
- Follow the prompts for movements (nodding, blinking, etc.)
Information Consistency
- The name entered must match what's on the document
- One document can only verify one account
FAQ
Q: What if verification fails? A: Check if your photos are clear and information is correct, then resubmit. Contact online support for assistance if it fails multiple times.
Q: Can I use someone else's ID for verification? A: Absolutely not. Using another person's documents violates the rules, and your account will be frozen if discovered.
Q: Will my verification information be leaked? A: Binance has strict confidentiality measures for user information, with data stored in encrypted form.
Q: Do I need to re-verify if I get a new ID? A: If your document expired and you got a new one, it's recommended to update your verification info to avoid future issues.
Completing KYC verification takes just a few minutes, but it's a necessary step for using Binance and an important layer of protection for your own account security.