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Binance account verification pending1/8/2024 ![]() ![]() Why Binance Verification is showing Pending? If your Binance account is verified, then you will be able to trade fiat currencies otherwise, you will have to face certain restrictions.Īlthough the verification process of Binance is very simple, the question of how long it will take cannot be answered with a common answer. There are many advantages of a verified Binance account, such as increased withdrawal limits and deposit limits for certain fiat channels, increased withdrawal limit of up to a hundred BTC tokens per day, etc. To keep track of the crypto transactions of customers of different exchanges and to prevent illegal money transfers, governments need the Verification of customers by the exchanges. ![]() Verification is necessary if you want to use trades, products, and services of Binance. Want to know more about us? Head here.Since 20 August 2021, it has been required for the new users that they should verify their Binance accounts. In no time, our stories got picked up by the likes of Forbes, Foxnews, Gizmodo, TechCrunch, Engadget, The Verge, Macrumors, and many others. PiunikaWeb started as purely an investigative tech journalism website with main focus on ‘breaking’ or ‘exclusive’ news. Until then, we will be keeping tabs on the matter and update this article as and when we come across more information so make sure you keep checking this space.Ġ1:49 pm (IST): The recent issues with Binance.US appear to have been resolved as we haven’t come across any fresh reports. We hope a solution to this problem arrives soon. ![]() This situation has left many Binance.US users panicking and feeling helpless. However, they did not share any timeframe of when it will be fixed. SourceĪs it turns out, Binance.US Customer Support has acknowledged the verification issue and said that they are working on it. In fact, there are reports of users experiencing the same problem from many months ago ( 1, 2, 3, 4). This means that user funds are completely locked during all that time, as they are unable to trade or withdraw while the account is locked.Īpparently, this issue is not exactly new. Was able to still use the app but when I asked what happened to my verification, now everything is locked. ![]() Submitted verification literally over a year. I think after the “we will escalate your issue” message that is sent to everyone has passed more than 10 Days, it’s fair to say that it is never going to happen. I originally asked for additional help getting verified since they wouldn’t take my street address. The issue arises when Binance.US users try to get their accounts verified but the process takes many weeks or months and even after that they don’t get any response back ( 1, 2, 3, 4, 5).Įventually, their account is blocked due to pending verification. They get reviewed and the whole process takes a few days to complete after that. It’s the world’s largest cryptocurrency exchange by trading volume, and was founded in China in 2017.įor some time now, its users have been facing a ‘verification issue’ where they are unable to verify their accounts.īinance.US requires some personal documents from its users for verification purposes. Original story (published on July 27, 2022) follows:īinance.US is a crypto exchange platform focused on the United States. New updates are being added at the bottom of this story……. ![]()
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