Binance provides several types of verification for different users:
KYC verification is Binance’s basic verification and is required for all new users. If after registering your account you were not directed to the verification page, then:
We are looking for the profile icon in the upper right corner and click on “Verification”: Verification. Screenshot: Binance
In the verification window, select the standard “Verification” and click on “start”:
First, we indicate personal data that matches the information in the passport or driver’s license. Enter the information in Latin:
Uploading a photo of the document. Here you will see which documents are supported for verification in your country (in Ukraine, this is an internal or international passport, ID card and driver’s license):
: You will not be able to upload a pre-photographed document via a mobile application, so when verifying, you need to have it at hand or download the file via PC.
After uploading a photo, you need to pass a face check through a selfie. This can be done via smartphone or PC with webcam:
Follow the instructions on the screen, you may need to turn your head, look to the right or left .
That’s all. In most cases, reconciliation of the face and photo of the document takes several minutes or hours. The result of the check will be sent to your mail or reported directly in the application. It could be:
Successful verification — then you will have full access to the Binance functionality.
Rejection of the application – the reason may be in low-quality photos, an overdue document or a data mismatch. Support will let you know what’s wrong.
You can eliminate the reason for the refusal and go through verification again or appeal the refusal through the support service.
Verification Plus is proof of your place of residence. This verification method allows:
Increase fiat withdrawal limits to $8 million per day.
Avoid sanctions that may be related to your country of origin. For example, citizens of the Russian Federation living in Europe can go through Plus verification in order not to be subject to deposit restrictions in the amount of € .In some countries “Verification Plus” is required in accordance with local KYC and AML standards.
Before passing verification Plus, you must first pass the basic KYC Verification from the previous section. And after that:
Find the “Verification” section in your profile in the upper right corner:
In the window that appears, indicate the address of residence. The address must match the information in your documents:
Address of residence. Screenshot: Binance
Upload a photo or screenshot of a document , which shows the address of residence and your full name, which matches the data provided in the basic verification:
The full list of documents that can be provided to confirm the address is here. The most popular options are utility bills and bank statements. It is important that the document was issued no more than 3 months before passing to verification.
Verification status can be found in the verification window. You will be informed about the result of the check by e-mail or in the application itself. The refusal decision can also be appealed to the support service.
You can find corporate verification in the same place as other types – the profile icon, then the “Verify” button. It is also available after registering a new account as an alternative to KYC! But:
Corporate verification is only available if you specified the appropriate account type during registration. You cannot change the type of an already registered account to a corporate one. If you mistakenly chose a personal account instead of a corporate one, you will have to register again.
This is the most difficult type of verification. To pass the verification, the company needs to provide a long list of documents, and the procedure itself takes place in several stages:
Preparation. On this At the stage, you need to indicate the country of registration, the form of organization and the contact number of the company manager. Binance will also give you a checklist of documents and information that you need to prepare:
Name, address and registration number, contact number, date of creation, type of activity and a number of other parameters of your company.
Statutory documents, certificate of registration (full list here in the “frequently asked questions” section). You need to have pre-prepared scans in one of the supported languages (English, Russian and Ukrainian are supported):
Specify the fiat currency you plan to work with, the expected withdrawal limits and the source of capital:
Important: Binance currently supports limited the range of fiat currencies for corporate clients is EUR/GBP/USD/AUD/BRL. At the same time, operations with EUR and GBP are temporarily unavailable.
Providing information about the director, beneficial owner and chief trader. You will need to provide their personal data and upload scans / passport photos:
Corporate verification (Info. about people). Screenshot: Binance
Verification of the trader through selfie.
Exactly the same as the owners of personal accounts.
It’s all. The verification status will be available in the “Verification” window, and in case of refusal, you will be informed of the reason. Support also reserves the right to request additional information if necessary.