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sebinator
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January 14, 2018, 08:41:51 PM |
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If your account is not verified, then you have a limit of 2 Bitcoins for withdrawal per day. It is a rolling limit. For the level 2 you are able tp up to withdrawal 100 BTC per day.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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kipozer
Member
 Offline
Activity: 490
Merit: 11
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January 15, 2018, 07:29:20 AM |
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Binance is indeed a very remarkable exchange, which was able to attract a large number of people due to the fact that it does not close the withdrawal of funds per day by 2 BTC, so probably such a number of people are trading on this resource.
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kram31
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January 15, 2018, 07:32:14 AM |
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I am aware that some websites which have KYC allow small amount transactions without KYC. Has anyone familiarity with Binance, and if I make a deposit can I withdraw, the amount being less than 50 USD.
I am thinking of adding my existing bitcoins to binance to buy request network, which O gather has far to go,then storing them in myetherwallet
Some websites are very fussy if you ask them questions like that. I once mistyped my mobile number on a website and they told me no changes & i cannot be accepted
binance really works for anyone with just email verification and no need for KYC, if you are not planning to withdraw 100 bitcoin in just a day well you are capable on doing binance and have some transaction daily. |
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desi92
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January 15, 2018, 08:01:46 AM |
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Yes, binance works without KYC as I know. I don't have a large deposit there (usually it's no more than $3000) but there wasn't any problems with withdrawals without verification at all.
As i know more and more exchange ask their customer to fill the kyc form and because i have no account in binance so i dont know what is applicable there. Kyc for exchanger is safe i think for customer. |
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niknik1966
Sr. Member
Offline
Activity: 266
Merit: 251
DIW - Security Decentralized,Life Revolutionized
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January 15, 2018, 08:10:48 PM |
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There, without identification, about 2,000 dollars are allowed for withdrawal. At Bittrex you will not be allowed to do this anymore, Poloneikse will also be banned soon.
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trgnn
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July 20, 2018, 05:08:59 PM |
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KYC is a good move from exchanges if you ask me because it will give users protection from the spammers in our communinty,verification process should eliminate these bots from the greedy people.
It's irrelevant. |
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Mallyx
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August 07, 2018, 07:00:15 AM |
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Does Binance still allow 2 BTC withdrawal without KYC ?
I have hard time to find details
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beeelzebub
Full Member
Offline
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
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August 07, 2018, 07:13:22 AM |
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Does Binance still allow 2 BTC withdrawal without KYC ?
I have hard time to find details
Last time i checked (3-4 weeks ago) there wasn't a problem about it. But crypto is a fast World, everything can change just in a second. |
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retnocintaku
Member
Offline
Activity: 588
Merit: 10
Decentralized Ascending Auctions on Blockchain
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August 07, 2018, 07:13:42 AM |
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for my own KYC is a security system. where the presence of these KYC then we will increasingly feel safe. In the event of a claim the coin which indeed become our right. But in the absence of actual market also KYC secure. It doesn't matter if it can be guaranteed to be so.
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askmecrypto
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August 07, 2018, 07:26:06 AM |
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I am aware that some websites which have KYC allow small amount transactions without KYC. Has anyone familiarity with Binance, and if I make a deposit can I withdraw, the amount being less than 50 USD.
I am thinking of adding my existing bitcoins to binance to buy request network, which O gather has far to go,then storing them in myetherwallet
Some websites are very fussy if you ask them questions like that. I once mistyped my mobile number on a website and they told me no changes & i cannot be accepted
Using Google a little will never hurt: https://support.binance.com/hc/en-us/articles/115000864371-Verification-on-Binance Veritified account: withdraw 50BTC per 24h Non-veritified account: withdraw 2BTC per 24h (Start from 2017/8/3 12:00AM, Beijing Time) For a non KYC account, you have a withdrawal limit of 2 BTC per day. |
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ethereumhunter
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August 07, 2018, 11:44:18 AM |
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I am aware that some websites which have KYC allow small amount transactions without KYC. Has anyone familiarity with Binance, and if I make a deposit can I withdraw, the amount being less than 50 USD.
I am thinking of adding my existing bitcoins to binance to buy request network, which O gather has far to go,then storing them in myetherwallet
Some websites are very fussy if you ask them questions like that. I once mistyped my mobile number on a website and they told me no changes & i cannot be accepted
Using Google a little will never hurt: https://support.binance.com/hc/en-us/articles/115000864371-Verification-on-Binance Veritified account: withdraw 50BTC per 24h Non-veritified account: withdraw 2BTC per 24h (Start from 2017/8/3 12:00AM, Beijing Time) For a non KYC account, you have a withdrawal limit of 2 BTC per day. that's right, I think he doesn't have to fill and send any document because we can withdraw two btc per 24h and I think it's enough especially if he only want to use less than $50. but it is better to verify his account, so he can withdraw a larger amount every day and don't forget to secure your account, so you don't worry about anything. I still have an unverified account in binance too, and I don't have any problem to deposit and to withdraw but I have a plan to make my account verified. |
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trash321
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August 07, 2018, 11:51:46 AM |
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I very much hope that Binance will continue this strategy, because now people really need to give people the opportunity not to pass verification, because they just do not want to do it. I believe that this is the right desire.
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Itsmylife
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August 07, 2018, 11:54:17 AM |
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that's right, I think he doesn't have to fill and send any document because we can withdraw two btc per 24h and I think it's enough especially if he only want to use less than $50. but it is better to verify his account, so he can withdraw a larger amount every day and don't forget to secure your account, so you don't worry about anything. I still have an unverified account in binance too, and I don't have any problem to deposit and to withdraw but I have a plan to make my account verified.
To secure your Binance account, you should verify it. When you lose your control with your account, they will ask you give your ID or Passport to prove that you are the owner and of course if you don't verify it soon you must spend a lot of time to solve your problem. |
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Xuaquing141
Newbie
Offline
Activity: 140
Merit: 0
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August 15, 2018, 03:34:38 PM |
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Binance or some famous exchange require the KYC to approve the large transaction because they want to know about you. Some goverment prohibit crypto action so that they wnat to know where ou live to make suare that if you have problem in crypto, there is legal with them. Please do the KYC with some simple step: upload your ID and selfie with your face.
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nghihuynh2018
Newbie
Offline
Activity: 98
Merit: 0
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August 16, 2018, 12:29:35 PM |
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I always use Binance and have no problem like you. It is one of the very best centralized exchanges I've ever used.
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honghe99
Member
Offline
Activity: 406
Merit: 10
Buy, sell and store real cryptocurrencies
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August 17, 2018, 10:30:25 AM |
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I suggest you try to choose a large trading platform for trading, even if they ask you to provide KYC, because this is safer for your cryptocurrency!
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asritajudin
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August 17, 2018, 11:16:08 AM |
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Yes, it is very possible to withdraw from binance without KYC because it is a very good exchange. It has a very good space, it is reliable,safe and secure and it has high transaction speed.
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milewilda
Legendary
Offline
Activity: 3108
Merit: 1127
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August 17, 2018, 03:13:47 PM |
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This is an old topic but for the benefit of new users heres the screenshot.  This is what i like with binance you can have that much limit even you dont have a unverified account. |
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playbackboy
Newbie
Offline
Activity: 9
Merit: 0
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August 18, 2018, 11:01:36 AM |
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I use instant exchange like cryptoket.io or coinswitch that use Binance for exchange.
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Samarkand
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August 18, 2018, 11:21:02 AM |
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I use instant exchange like cryptoket.io or coinswitch that use Binance for exchange.
Why would you use them instead of the original Binance? After all it is likely that they are more expensive than the original, because they obviously want to profit from offering their service. I´d feel more comfortable with my funds at Binance than by trusting the 2 sites that you mention. |
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