Bitcoin Forum

I read many complaints from tunisian users in a facebook local group, about their binance accounts being locked or banned for non-determined reasons.
Anyone can confirm or explain this. Or if more countries are also subject for this new policy.
Note that complainers confirm that they didn't receive notices about the lock and many of them still have funds in their accounts balances.

Am not certain about some details because this is only based on the complaints i read from users.

I don't know about thes restrictions. However binance doesn't require kyc, so it will be easily bypassed as long as you don't do kyc

Maybe a VPN may be needed as well if you can't log in.

The only one who can answer this issue is Binance itself.

https://www.binance.com/contactUsCn.html#telegrams
https://www.facebook.com/binanceexchange
https://twitter.com/binance

It's funny that this happens in Tunisia when they are more open to cryptocurrencies. In the other hand, you have Algeria and Morocco where cryptocurrencies are banned and yet, exchanges still operate there.

Do you mean cryptocurrencies are banned by low in those coutries? Why exchanges change their policies for certain coutries like Tunisia.

Thanks to decentralized exchanges.

Yep, Binance also banned my country for no reason, but they let me withdraw.

Strange things happening there.

Wrong, Binance started enforcing KYC on everyone since last few months.

This is not correct. Kyc on binance is not compulsory and you can withdrawal 2 BTC without any kyc.

It's only compulsory if you have more than 2 BTC there.

Never heard of that news or announcement before, if you care would you link it here.
AFAIK like what mentioned above you will only ask KYC if you're trying to withdraw >2 BTC and KYC is not required so...

Like talking to a wall, I didnt have more than 2 BTC, and they asked me KYC 2 months ago.

I tried to do it, but they also banned my country. After sent them a question about it, they said they dont support my country anymore, so I can withdraw everything I had there and thats it.

You want a link lol?

https://cointelegraph.com/news/major-crypto-exchange-binance-to-use-refinitiv-kyc-solution-in-internal-workflow (https://cointelegraph.com/news/major-crypto-exchange-binance-to-use-refinitiv-kyc-solution-in-internal-workflow)

If you are not stupid, you should know how to use Google search.

It's been a wee while since I've used it but I've never been verified and could withdraw just fine. On checking my account just now there's nothing other than the 2 BTC limit for unverified users mentioned.

If they can tell you're from one of the countries they're unattracted to then it's a different matter.

You are the one looking stupid, as this link you sent doesn't say they are enforcing kyc. Just that they made a partnership to do kyc (which they already do if you want to withdrawal more handsome 2 BTC).

Send a real link or screenshot or whatever, otherwise nobody will believe you. I use binance and they never asked me kyc. I am interested if what you are saying is true, but it really doesn't looks like the case.

Like im here for somebodys thoughts or belief - lol what a moron.

I just told what happened to me, nobody asked you anything retard.

As far as I know, the banned countries are Iran, Myanmar, Belarus, and Romania. Tunisia is not in that list, in addition to being far from being banned because of the nature of Tunisia's tourism and regulating laws.

As mentioned above, these complaints appear to be individual and do not represent a ban against a particular country or region.

There is no logical reason for that.

Post this post in the Arabic section you will get more information or Binance - Reddit (https://www.reddit.com/r/binance/)

If you're not stupid you will not link a non-sense article unrelated to what you're talking inforcing kyc?

Never get any email notification nor any related of inforcing kyc as I have an account which is not kyc verified yet.

We have already discussed this topic more then a month ago in Press board : https://bitcointalk.org/index.php?topic=5093827.0

There are some countries in which Binance is stop operating, but Romania is not in that list because user stompix say his friend from that country is still using Binance without problem. They are just start to implement some rules from their TOS which amongst other things says :


Binance Terms of Use (https://www.binance.com/agreement.html)

The world doesn't spin around you.

Also "inforcing"?

English level re-tard

Stop signature spamming you monkey.

Doubt that a VPN is going to help when an account is already flagged as coming from one of the restricted countries.

It seems like that Binance is really becoming extremely tight when it comes to compliance now, and it as expected since they simply weren't going to last as an exchange if they continued to offer pseudo-anonymous accounts with a 2 BTC daily withdrawal limit (which is way more than what most people need).

And yes, I've heard people being randomly flagged for KYC without hitting the 2 BTC withdrawal on another thread. So that is no hoax, it seems. If you're in one of the countries that are newly banned and Binance is letting you withdraw and close your account - do that. If they're asking you to verify, you pretty much have no option but to do that either if you have a balance with them. Don't try to bypass this with VPN (even if it may work).

I think that What is happening with Binance is exactly what happened with Bittrex before, even tho Bittrex had 2 BTC limit for unverified users they started to force KYC on accounts that have no 2FA then slowly they forced KYC, so even if Binance is not forcing KYC they will start to force it soon that how things always work especially after they introduced their credit card options.

That was what I'm thinking as well. Bittrex and Poloniex both had similar stories of dealing with having to crack down on KYC and country restrictions. Binance seems to be following in similar footsteps.

This could certainly have been a result of them trying to get into the fiat to crypto exchange space. I don't think that it's necessarily a coincidence that these stories of restricted countries and increased KYC strength came just some time after they announced fiat deposits.

As I said right now if I'm using Binance I'd be extremely cautious. Keeping balances on any exchange is a risky business when future regulations are uncertain, even when it's extremely trusted.

As last I hard was that only for the big traders or investors who have more than 2 btc which needs to be withdrawn will have to full fill their KYC norms and then only will be able to withdraw such qty of btc form their exchanges. In a way it s a good idea also for small qty they do not enforce it.

nobody is worried about the algerian or moroccan governments coming after them.

what they are worried about is sanctions from the USA or EU. i believe there are no sanctions against algeria or morocco.

there are however active EU sanctions against tunisia (https://www.gov.uk/government/publications/financial-sanctions-tunisia). i believe this is why binance is doing this. they are increasingly concerned about violating sanctions. they're getting really big and are worried about being targeted by law enforcement agencies.

Fair enough. You could tell that Algeria and Morocco have no idea what they're doing as well because the ban included "possession" of bitcoin while we all know there is no way to stop that.

I've also read that there are plans to make the biggest mining farm ever that works with solar power in Morocco which make no sense If they have it banned. You could tell that third world countries make laws all the time while they have no idea on how to implement them or probably don't have any desire to do so in the first place because building a mining farm is not something that could go undetectable.

you can use exchange services, if your region is blocked, just use vpn

Some user claimed they are forced to do KYC verification. Its kind of sucks when you are protecting your privacy and anonymity and then the next day you open Binance now you are required to do some verification or its banned from your countries. After all, that is what centralized exchanges do, it always has some strict regulation because it needs to comply with the law.

to avoid kyc and verification we can create little exchanges. also, it's always better to know "the limits". f.e. on changenow you won't be asked for kyc if your exchange amount is less than 10-11 btc.