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Author Topic: Why shouldn't you deposit fiat into binance to buy crypto?  (Read 156 times)
GrosWesh
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January 30, 2021, 10:36:58 PM
 #21


How? with same/similar method mentioned in the op?

By sending some funds from my personal wallet to binance, without purchasing ever via binance. Everyone is able to trade, and withdraw (until 2 btc/day) without filling a kyc.

Correct me if i'm wrong, but that's the way i always thought binance works.

Sure, but where did you buy your cryptos to even be able to do that?

By cryptos i mean essentially eth, purchased on various other exchanges. When i started, i bought a few on cex.io. Later, i stopped, due to huge fees...  Tongue

But i have to say your 'story' is not the only one i hear about these days...  Roll Eyes Could Binance be changing it's kyc politic ? Probably a few things will change, because of new regulation laws several countries plan to launch (us, france etc...)
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