KYC in Crypto - A Comparison | Binance Blog

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What does KYC look like at Binance, and why is it so important? Read about it in detail in our blog 👇

. However, KYC may vary depending on the user's region of residence. For example, some countries require Tier 2 KYC verification checks, such as proof of address or other jurisdiction-specific requirements, before the user can access any crypto service.. For example, any Binance user who wants to increase their withdrawal limit above Tier 2 must declare their source of funds.

KuCoin's tier one verification gives 20x leverage on futures in exchange for basic identity verification. Similar to KuKoin, Bybit also eschews what is considered sound KYC practice by allowing users to trade and withdraw a significant 2 BTC worth of crypto a day with only an email address for verification.

Bybit adopts a similar strategy to KuCoin, but has been seen as willing to negotiate with local regulators in certain countries, including a willingness to pay some fines.The data on this table was pulled from competitors' publicly available information on their KYC limits and requirements, as of this writing .

A strict KYC policy imposes a zero-tolerance approach to double registrations, anonymous identities, and obscure sources of money.

 

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مش KYC هم يعني ماه يفيد به اي شي تطبيقً باينس محد يستخدمه حاليا في حاه اد تلغوه KYC يصير في تطبيقتكم في تفاعل اكتره هم + تداول يصير في تفاعل اكتيره هيه ناصيح الكم شكر لكم 🔥🤔

Destination of funds of crypto company no?!?!

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touch grass

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Sad is that while doing KYC I have to give my personal data to third party services, hell knows where the data is gone...

Crooks!

Buy verified binance accounts 100$

You can't even make a real statement with the recent issue, and yet you make us wonder what is KYC?

🙏Who can help me please🙏

ardana dana $1

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Zabieram środki na inną giełdę! I tak jak giełda padnie to okradniecie wszystkich bez żadnych skrupułów więc po co to gówno.

Już raz przechodziłem weryfikację i wszystko było w porządku. teraz zostało mi tylko potwierdzenie adresu gdzie nie ma opcji potwierdzić, zrobiłem to 20 razy na różne sposoby i wciąż failed 🤬🤬🤬🤬 totalna bzdura i co jeszcze chcecie rozmiar penisa czy co!!!

Kill Your Coins

Hey Binance! I was scrolling down the 'home page of Binance Discover', realised can't go back at top of the page without scrolling back.🙄 Please add a button or Home button Option, so that I can visit top of the page again. I kept clicking '🏠' , to reach home page.😝

KYC has some logic but it's overkill. Too much stupid and unnecessary info. A copy of the passport and a video should be enough. Proof of address is totally stupid. What if I live with my girlfriend and all bills and documents are in her name ?

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It looks like a Tesla Cybertuck. Non existent.

So you're still holding on to that bag, that has lost over 70% it's value when you can get daily profit from trading with the balance you've got. Well keep holding till 2030 👏👏👏 If you need help to get started, leave a DM or keeping HODLing. 🤣🤣

Re-KYC NOOOOOO. DEXes is the the way

0x5867BFee6b032DC069b562345c7eb8257E879e8E

cz_binance I have issue regarding kyc on binance. Recently, a lot of Indonesian binance users have to redo their kyc, mostly because their ID is expired.

Looks useless to me. waronrugs did exit through binance hot wallet (as they're still all doing). Give us a break cz_binance you're doing sh*t to protect your users.

$THI TAXHAVENINU 🏞️💎 is the way forward 🔥🚀

Utter bullshit. Already had my KYC done and now I have to do it again. To do this I have to unlink my Yubikey security, because only then I can connect to the Binance app. Wtf 🤬

PiCoreTeam could do same as for all the users.

Fail and fail so manay times re kyc on binance, move all my assets to other exchange..

this project is a very extraordinary project and has a great team, let's join this project🙏 Adi_kurneng94 BujangSe88 November_ae 0x87636F534A176Bdb7086806eCF5dEAf73A581227

My verification was taken off, my BNB Portfolio went up for a while and then went deep down again. For months , I couldn't verify and withdraw till after some months with new documents when my portfolio is still down. So I have decided not to withdraw but hold my assets

I am asking you once again, $LAND listing wen?

Fuck KYC 🤘

🤡

When BabyDogeCoin listing?

why my account need re-kyc? i have passed my kyc 2 years ago, and now need re-kyc again 🤔

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