If you are an amateur in the field of cryptocurrency and its exchange environs longing to know Binance verification, then look no further. This “How Long Does Binance Verification Take” article covers it all.
Also, by reading this article, you will be privileged to a deeper knowledge to understand everything about Binance verification. Now let’s take a tour and walk through this article.
Table of contents
How Long Does Binance Verification Take?
If you appear as a crypto nerd, you will probably experience that procedures to verify the “Know-Your-Customer” (KYC) policy seems hectic. However, without completing KYC, it is never possible to use the majority of cryptocurrency exchanges.
In some cases, some of the existing crypto exchanges sometimes enable customers to freely have a great time with some basic features without passing their KYC. Meanwhile, others also expect customers to fully complete their KYC verification before they can even deposit or trade.
Also, regardless of how other exchanges heavily require customers to complete their KYC, Binance does not. Even on Binance, customers can withdraw up to 2 Bitcoins every day without completing KYC. To do this, all you need to get is a valid email address.
On Binance, an unverified account is ideal for passive investors who do not have control over a large number of cryptos.
However, completing your Binance KYC is not the only important thing to do. Setting up Two Factor Authentication (2FA) is also most essential.
Moreover, as you continue to read out how long does Binance verification take article, setting up your 2FA will not be as difficult as it seems. More importantly, setting your 2FA is much needed and it eventually protects your account from intruders.
Additionally, we will also detail what you will need to do if your Binanance verification fails.
Basic Binance verification level should not cause or appear to be hefty for you in anyways.
It is worth mentioning that verifying your Binance account helps to push your withdrawal limit to about 100 BTC each day. Not only this, but it also increases deposit and withdrawal limits mainly for specific fiat-based currencies. Fiat trading activities have also become easy.
To begin, finishing up your Binance verification process is so easy. Yet the question of how does long Binance verification take appears not to have a one-answer-fits-all response. However, for every Binance verification, the verification time changes.
This specifically depends on how busy the Binance verification support team is at that time. It could happen that in the process of the verification, you will get instant approval. It can also be that you could wait about a week before you get Binance verification approval.
Regardless of how long you have to wait for the Binance verification approval, you can still trade and withdraw up to the 2 Bitcoin as mentioned above every day hassle-free.
Binance Verification Time
To air is human! You have a minimum of 15-minute to finish up the Binance verification time process. This includes filling up your basic details. Also, during the verification process, Binance will ask you to complete photo verification. Hey, at this crucial moment, be careful and never attempt to refresh your browser.
Here, if your Binance verification fails, luckily, you still have a maximum of 9 extra attempts to try in 24-hours. Adding the 9 attempts to the initial failure, sum up to 10 trials per day. Perhaps, if your 9 extra attempts also get denied, you now have to wait for another 24 hours before you can try again.
Moreover, Two-Factor authentication (2FA) represents a section that strives to protect your Binance account. In this way, Binance gains exposure to report money laundering-related activities to the authorities.
As mentioned above, identity verification is mainly beneficial to Binance even than it is to the user. Thus, helping to boost security manually. As a customer, the only benefit you get from 2FA is the increased withdrawal limit you enjoy.
With your email address and password, you can simply set your 2FA. You can allow SMS verification or Google authentication. More so, it is worth mentioning that you can not verify your Binance account without enabling 2FA.
Now, let’s read on and understand how to set up Two-Factor Authentication in our “How Long Does Binance Verification Take” guide. After walking you through how to set Binance 2FA, we will be happy to also guide you through how you will verify your identity. Read on.
Binance Google Authenticator
Concisely, follow the below simple steps easily to activate your Binance Google authenticator.
- On your Binance account, click “Security” from the icon dropdown menu.
- Also, find Two-Factor Authentication on the security page and click “On” to begin the authentication process.
- You can also download Google Authenticator on your phone. Alternatively, install the authenticator as a Chrome extension if you are using a Chrome browser.
- After this, copy and paste the key sent by Binance. On the other hand, you can also scan the QR code with your mobile phone.
- Back up your key by writing it down on a piece of paper safely.
- Finally, activate your Binance Google Authenticator and then click on “Submit”
Binance Google Authenticator For a New Phone
Are you wondering about how you will set up your 2FA with a new phone? Then look nowhere. Continue reading this article. Nonetheless, even if you buy a new phone or device, you can follow the same procedures to activate your 2FA.
Furthermore, if you lost your old phone or device, you can effortlessly authenticate your 2FA by installing Google Authenticator on your new phone. After the installation process, kindly insert your backed-up keys received at the time you allowed your 2FA.
At this point, if you have already lost your 2FA, it will be hard and messy for you. The only thing you can do is to contact Binance Customer Support directly for help.
Binance Email Change
If you want to change your email address or have lost your email accessibility, follow the below steps.
- On your Binance account, click “Security” from the icon dropdown menu.
- Click “Reset” on the Email verification section.
- Click on the “Next” button to start the process after reading all the information.
- In your old email, click on “Get Code.” You will receive a 6-digit verification code to your email. Just type the code on Binance and click on “Submit.”
- Next, Binance will again ask you for your new email address and password.
- After this, a new verification code will be forwarded to you via your new email. Type the 6-digit code and then click “submit”. You will get approval once your new entry has been reviewed.
On the other hand, if you lost access to your old account, simply select “Security verification unavailable?”. Then follow the above option step 4. Upon using step 4 above, you will be optioned to either use your Short Message Service (SMS) or Google authentication to finish up the process.
Binance Phone Number
Creating a Binance account with your email address, Binance requires customers to use their mobile number. Upon doing this, follow the same steps above. Thinking about how to secure your account, you can integrate SMS authentication using the same phone number.
By integrating the SMS authentication, you will be optioned to receive a 6-digit code via SMS every time you attempt to log in or make a withdrawal.
Binance SMS Not Working
Completing your SMS authentication setting does not necessarily mean that everything is completely done. Several instances can trigger the SMS authentication setup. This can be very annoying if misfortune occurs in the middle of a transaction.
The misfortune that can easily happen after authenticating your SMS. It includes poor network signal, call blocker app, firewall, and more. To resolve this issue, you can re-enter your phone number or choose to do voice verification.
If any of the methods above do not work out, do not hesitate to contact Binance Support for help.
Binance Address Verification Failed
As said already, verifying your address is the next easiest and essential thing to do before getting verified on Binance. As per Binance, verifying your address can also push your daily deposit limits for some fiat money.
To verify your address, locate the verification panel and click on the “verify”. After clicking, begin to provide some basic details like your country, address, postal code, and then submit.
However, based on your country of origin, Binance may ask you to provide additional documents such as utility bills, bank statements, and many more for concrete proof.
Keep the following in mind to avoid address verification failure.
- You have a 15-minute window.
- Never attempt to refresh your browser in the process of the verification.
- In terms of photos, Binance accepts both JPEG and PNG formats
- Any photo you wish to upload must be apparent, with all information displayed.
- Avoid editing the photos that you send.
- Your face must be completely visible.
- Your ID or documents must be valid.
- In the address verification, make sure that your ID matches your address.
By reading how long does Binance verification take guide, we now know that creating and verifying your Binance account appears easy. After reading this article, if you are still contemplating how to get verified on Binance, look nowhere and read back how long Binance verification takes article.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.