What documents are required to verify a bank account on Binance for buying and selling cryptocurrencies?

5 answers

• Potter MooreAug 06, 2023 · 2 years ago
  To verify your bank account on Binance for buying and selling cryptocurrencies, you will need to provide certain documents. These documents typically include a valid government-issued ID, such as a passport or driver's license, proof of address, such as a utility bill or bank statement, and sometimes a selfie or photo of yourself holding the ID. The purpose of these documents is to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. Once you have submitted the required documents, Binance will review and verify them, usually within a few business days.
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• dasan rajaJul 19, 2022 · 3 years ago
  Verifying your bank account on Binance for buying and selling cryptocurrencies requires some documentation. You'll need to provide a valid government-issued ID, like a passport or driver's license, as well as proof of address, such as a utility bill or bank statement. Additionally, Binance may require you to take a selfie or provide a photo of yourself holding the ID to confirm your identity. These measures are in place to ensure the security and integrity of the platform, as well as to comply with regulatory requirements.
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• Chadwick HillJun 15, 2021 · 4 years ago
  When it comes to verifying your bank account on Binance for buying and selling cryptocurrencies, you'll need to provide a few important documents. These include a valid government-issued ID, proof of address, and sometimes a selfie or photo of yourself holding the ID. The purpose of these documents is to verify your identity and ensure compliance with regulatory requirements. Once you've submitted the necessary documents, Binance will review and verify them to ensure the security of your account and the platform.
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• Cowan KatzOct 16, 2020 · 5 years ago
  At BYDFi, the process of verifying your bank account for buying and selling cryptocurrencies on Binance is straightforward. You'll need to provide a valid government-issued ID, proof of address, and sometimes a selfie or photo of yourself holding the ID. These documents are required to comply with regulatory standards and ensure the security of your account. Once you've submitted the necessary documents, Binance will review and verify them to complete the verification process.
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• Alysson ChagasApr 09, 2022 · 3 years ago
  To verify your bank account on Binance for buying and selling cryptocurrencies, you'll need to provide certain documents. These may include a valid government-issued ID, proof of address, and sometimes a selfie or photo of yourself holding the ID. The purpose of these documents is to verify your identity and ensure compliance with regulatory requirements. Binance takes the security of its platform and users seriously, which is why these verification measures are in place.
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