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What is the KYC level on Binance? In the finance community, KYC (know your customer) is a standard practice to prevent fraud and identity theft. It means verifying that customers are who they say they are and providing assurance that they can access financial services.

Similarly, Binance, one of the worlds largest cryptocurrency exchanges, also has a strict KYC process for its users. Binance is divided into 3 KYC levels, each with multiple requirements and limitations. Primary Verification ONLY: Your entire name, Country of residence, & Date of birth. This level allows a maximum daily withdrawal of 2 BTC (or an equal amount in another cryptocurrency) and makes you eligible to trade on Binance. Intermediate Verification For the second level, users will have to submit an official government identification document called a passport or personal identity card. To verify further, a live photo of the user with ID is also required. With this tier, your daily withdrawal limit grows up to 100 BTC, and you can access some of Binance s advanced features. The third Advanced Verification step increases the daily withdrawal of up to 1,000 BTC and grants users access to Binance s Fiat Gateway, where they can exchange their fiat for crypto or the reverse. This also benefits Binance in meeting various regulations to operate and offering its customers account protection. To back this up, Binance has adopted various levels of KYC to ensure clients can effectively trade and invest in crypt currencies via a secure platform. Can USDT be withdrawn from the Binance account without being verified?

Can I withdraw USDT from Binance without verification? If youre unfamiliar with Binance, it is the largest cryptocurrency exchange in the world, has high-security standards to protect user funds. The company periodically conducts different measures, one of which is verification, which needs to be done before withdrawing funds from a trading account. How do I confirm my identity with Binance? You will need to submit more information about your name, address, and any government-issued ID(Login)>Profile. This stage fights fraud, legalizing illegal proceeds and other criminal activities. After that, you can withdraw your funds more and utilize its bonuses. Please note that this complies with all relevant laws and regulations and promotes the Binance (known as your customer / Anti-Money Laundering) Area, which has been deployed. This means they have to confirm all the users before they can withdraw anything from their accounts. The Binance account must complete the real-name verification before it can be withdrawn from USDT. This process can be a pain, but that is the reality of keeping all Exchange users safe. Therefore, perform the verification first if you wish to cancel your USDT balance out of Binance.

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