Binance, a prominent cryptocurrency exchange platform headquartered in Malta, has experienced an unparalleled ascent since its establishment in 2017.
In this article, we’ve outlined the entire process of Binance identity verification.
How to complete identity verification on Binance?
Access your account on the website and navigate to the user’s account section, typically located at the top right of your navigation bar. Within the user’s account section, you’ll find the second option, which is the verification option. Simply click on it.
When you visit the personal verification page, you’ll notice three distinct levels. If you haven’t completed any of these levels yet, begin with the primary level.
During the basic level verification, you’ll be required to input essential details such as your nationality, first, middle, and last name, date of birth, street address, postal code, and city. Once you’ve submitted the necessary documents, click “continue.” After the process is complete, your account will be verified at the primary level.
Submitting documents for your country and street address is mandatory as Binance verifies location compliance with specific regional laws. It’s important to note that there are areas where Binance’s system is restricted or its policies may not apply.
On the page, you’ll find an option to enhance your verification for increased trading limits. Simply click on it.
At this verification stage, you’ll be required to submit documents and upload clear, non-blurred photos. You can choose from the following options:
Feel free to upload the documents that you find most convenient and currently accessible. Many individuals opt for uploading their government-issued identity card rather than their driver’s license or passport.
Once you’ve chosen your documents, upload photos of both the front and back sides. Ensure that the file size is under 5MB and that the file type is either PNG, JPEG, or JPG. Then, proceed to the next step.
In this stage, you’ll need to finalize your facial verification. While face verification may seem complex, it can be completed within seconds if you carefully follow the provided guidelines.
If you don’t have access to a computer, you can perform facial verification using your mobile phone. Before initiating the face verification, you’ll find an option on the screen to complete the verification using your mobile device. Click on it.
Next, scan the provided QR code to begin the verification process on your Binance app. Keep in mind that Binance expects you to complete the facial verification in under 15 minutes, so avoid reloading the page after scanning the QR code.
In case your verification is declined more than ten times, you’ll have to wait for 24 hours before attempting the face verification again.
This is the final and most advanced stage of identity verification. Once you’ve finished the personal and intermediate level verifications, your badge should appear as orange. At this stage, you’ll need to submit documents that serve as proof of your address, such as:
- Bank statement document
- Utility bills document
Begin by entering your address in the provided dialog box, and then upload photos of your bank statement or utility bills that clearly show your address. Please note that the document you upload should be no more than three months old.
Binance will typically take approximately 7-10 business days to review the documents for advanced verification. Following this, you will receive an email confirmation.
This concludes the step-by-step process for completing identity verification. If your basic information is all set, you can progress to the intermediate level. Likewise, once you’ve completed the intermediate level, you can proceed to the advanced level.
What are the potential challenges or problems that may arise during the identity verification process?
One of the potential challenges in identity verification is related to facial expression recognition, which can vary due to individual computer settings. Before proceeding with the process, it’s essential to familiarize yourself with your computer settings.
In this case, the Binance system will request you to record a video displaying your facial expressions, which you should then submit through the portal. The system typically takes 1-2 business days to complete the verification process, after which your identity will be fully verified.
Once your Binance account is successfully verified, you can confidently explore our selection of editable templates, making hassle-free purchases.