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Author Topic: Does Binance trip about using a VPN?  (Read 298 times)
vennali
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February 03, 2021, 11:29:56 AM
 #21

Like some other platforms do. Is it against thier terms and conditions? Could it cause account termination?
I dont think they'd mind if you use VPN, unless its from a restricted country. You might have to get your KYC done though, so, the anonymity aspect is removed. If they find anyg irregular activity, they will automatically send a KYC request. So, I wont suggest to use VPN in exchanges generally.

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February 03, 2021, 11:54:54 AM
 #22

I think you need to read the quote below. I use VPN on binance app and it worked, what many exchanges will disable, which means you will not be able to access with VPN on such VPN-disabled exchanges like HitBtc. I use trading app often, I do not know about their websites.
I saw that quoted post, Osho. Suspicious things mean lot of things and not only bind with VPN. You are fine when you use VPN on Binance but if they detect strange activities (suspicious) on your account, they might step in with account suspension.

If Binance detect that few users make few withdrawal requests to a same receiving addresses, in short period, they might suspend all those accounts. It can be a hack and compromise or replay attacks. VPN is only one of factor here.

OP asked for termination and it would be more serious reasons, not simply because of VPN.

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February 03, 2021, 02:59:43 PM
 #23

Like some other platforms do. Is it against their terms and conditions? Could it cause account termination?
I think it will not, last time I try to use VPN they will only send you a verification code through email or texts and if you enabled the google authenticator you need to provide that thing, if you will not provide that code or login using that link you may not access that account and if you try to access it multiple times that will be the time that they will locked your account maybe ban your IP too.
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February 03, 2021, 03:09:32 PM
 #24

Why use a VPN first? If you are located from the country that using Binance is not allowed, you may try some alternative exchange or if you are from UNITED STATES, there is Binance US. If your reason is to bypass some law or regulation, it may dangerous and risky on your funds.
Try to check this topic on reddit about using VPN on Binance - Using in US with VPN.

Yes, i am agree with you. Please don't use VPN where there are risk of hack your ID anytime. I think VPN use is always a bad idea from mind but there maybe some reason when i must have to use VPN like some days ago reddit banned some countries entry and at that time we used VPN but if you use Blockchain account or any other important exchanges account it must be risky work. So please avoid it be safe.
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February 03, 2021, 03:20:16 PM
 #25

I dont think they'd mind if you use VPN, unless its from a restricted country. You might have to get your KYC done though, so, the anonymity aspect is removed. If they find anyg irregular activity, they will automatically send a KYC request. So, I wont suggest to use VPN in exchanges generally.

Yep, they simply don't care, I know many people that are located in restricted countries like US that are using Binance(not Binance.us) for a long time without any issue so you should be fine.

The problem with using other exchanges that allow US customers or using Binance.us is the fact that the volume is not that high and that means the spread is large which means that basically you have to pay more for a trade, and of course the most important part would be lack of enough trading pairs, not sure where Binance US version stands now but as I remember when it just had started it only had like 10-20 coins/tokens available to trade which is not much for a trader, but if you're just more of an investor it should be just fine.
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February 03, 2021, 03:26:56 PM
 #26

Why use a VPN first? If you are located from the country that using Binance is not allowed, you may try some alternative exchange or if you are from UNITED STATES, there is Binance US. If your reason is to bypass some law or regulation, it may dangerous and risky on your funds.
Try to check this topic on reddit about using VPN on Binance - Using in US with VPN.

Yes, i am agree with you. Please don't use VPN where there are risk of hack your ID anytime. I think VPN use is always a bad idea from mind but there maybe some reason when i must have to use VPN like some days ago reddit banned some countries entry and at that time we used VPN but if you use Blockchain account or any other important exchanges account it must be risky work. So please avoid it be safe.

Do you really even know on how VPN works? This doesnt talk about hacking or being phished or really that harmful for you to use technically because it has nothing to
do with hacks and you are simply talking about nonsense.Better search off on what VPN and you would definitely say or go back on what you had been saying here.
When it comes to VPN then there are platforms which are really strict in regards to that due to regulation policies thats why they are restricting specific users
that are really located into that country.If restricted then we can always find alternatives.

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February 03, 2021, 05:39:13 PM
 #27

Like some other platforms do. Is it against thier terms and conditions? Could it cause account termination?
My colleague"sort of" had a problem like this before. If you end up using Binance with VPN and not get caught at all it wouldn't change anything, after all if binance doesn't know that you are using VPN then what can they do about it? That is why not getting caught is the most important part of the situation.

However my colleague got caught, he was asked to provide KYC as well, and he did shared his own information which showed he was from another nation. However, luckily he showed a passport ticket that he was in the country he showed, now if he never went to that nation he would be screwed but since he was capable of showing that, he said he is still there and got away with it, he just got lucky but that was pure luck and he could have been in trouble.

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February 03, 2021, 06:47:14 PM
 #28

I’ve been using Binance for approximately 4 years now, and I’ve always used a VPN; with me hopping country IPs too. Had no problem besides the annoying(but necessary) email verification due to the unrecognized IP.
True.
E-mail verification was always a hassle with this kind of trick.
But it's okay for me. As long as you can protect your privacy.
I don't think Binance has rules with that as long as you are using a country IP that has no restrictions with them.
Anyway, I don't go over their default limit that is why I don't also need a KYC.

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February 04, 2021, 01:07:31 AM
 #29

I don't recommend that you use a free VPN to access Binance, because free VPNs are used by a lot of people and it can be very risky. If your Binance.com is blocked like mine, you can use an alternative link like Binance.cc and it works without using a VPN.
the smartphone application still works well, but if a VPN is needed then you must use a premium VPN which is safer and only you use it.
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February 04, 2021, 01:28:11 AM
 #30

Like some other platforms do. Is it against thier terms and conditions? Could it cause account termination?

I've also used VPN several times to access Binance before although only within the same region. There is no problem.

Nothing against their terms but if you are really worried, consider only using VPN if it's really "necessary" to do so. Otherwise, just access it the usual way.

Unless you are a hard trader always reaching your limit, there's a chance you might call their attention.

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February 04, 2021, 04:02:14 AM
 #31

Like some other platforms do. Is it against thier terms and conditions? Could it cause account termination?
VPN has a lot of advantages. First, it hides your identity because a VPN will prevent your connection from accessing web browsers and others, helping to keep the data you send and receive anonymous and secure. Second, it escapes data throttling or it lessens the data usage. Third, it also escapes bandwidth throttling. Fourth, it can access region-blocked services like netflix or any crypto wallet. And last, it can bypass any geographical restrictions.
If binance is banned in your country maybe you can use VPN but why should you use it if it isn't banned? Maybe it's good to use if you really are concern to your anonymousity since it can filter out all the data information that binance can get. It can also help you to escape data throttling and bandwidth throttling.

Source: https://us.norton.com/internetsecurity-privacy-benefits-of-vpn.html
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February 04, 2021, 05:04:16 AM
 #32

Like some other platforms do. Is it against thier terms and conditions? Could it cause account termination?
Like Message above There is nothing mentioned in their TOS about banning using VPN but if your concern is being in US? there is Binance US that fits you.

And i believe in Exchange there is no need to use VPN unless your country is banned from that exchange though there are tons of exchange now that offers LEgit service and some of them are much better than Binance .
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February 04, 2021, 07:40:02 AM
 #33

Like some other platforms do. Is it against thier terms and conditions? Could it cause account termination?
I dont think they'd mind if you use VPN, unless its from a restricted country. You might have to get your KYC done though, so, the anonymity aspect is removed. If they find anyg irregular activity, they will automatically send a KYC request. So, I wont suggest to use VPN in exchanges generally.
Also some people need to keep in mind that the VPN IP matters a lot. If the vpn was used for criminal activities or even violating certain binance terms and agreement our account might become the victim. The chance of that to happen is slim but just in case right? If any it's better to buy some high quality VPN not some cheap ones.
Though honestly most of the case people uses VPN to access binance just to bypass some restriction not to keep anonymity.

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February 04, 2021, 07:44:44 AM
 #34

Personally, I think that using a VPN depends on the type of service you want to use. If the site does not profit from your use of it, and there are regulatory TOS, it will be strict when you want to use a VPN.

Binance aims for profit and it mainly trades in altcoins. Therefore, using a VPN can increase their profits, and therefore unless this causes legal problems for them, they will not prevent you from using these services.

in short, you will be OK with small amounts but be ready to lose it because they may ask for some KYC at any time.

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February 04, 2021, 11:36:30 AM
 #35

Like some other platforms do. Is it against thier terms and conditions? Could it cause account termination?
It depends on how you will use your vpn if for anonymity and data privacy then theres no reason Binance will terminate your account without any valid reason unless your wallet pointing to large transactions which involve in any illegal activity like hacked bitcoins goes in/out from your account but if you are using vpn to surpass ip restriction then it might have consequences on your end you must be ready with it but I know its a common practice by most traders to use VPN especially if you are from restricted countries like USA they use it when trading at Binance, bybit exchanges.    

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February 04, 2021, 02:52:24 PM
 #36

I think you need to read the quote below. I use VPN on binance app and it worked, what many exchanges will disable, which means you will not be able to access with VPN on such VPN-disabled exchanges like HitBtc. I use trading app often, I do not know about their websites.
I saw that quoted post, Osho. Suspicious things mean lot of things and not only bind with VPN. You are fine when you use VPN on Binance but if they detect strange activities (suspicious) on your account, they might step in with account suspension.

If Binance detect that few users make few withdrawal requests to a same receiving addresses, in short period, they might suspend all those accounts. It can be a hack and compromise or replay attacks. VPN is only one of factor here.

OP asked for termination and it would be more serious reasons, not simply because of VPN.
Straight from the shoulder, not exchange site DEX/CEX (that include Hitbit mention by Osho) will restrict his users from using VPN if there's no suspicious occasion about the account or the account holder doesn't set IP restriction by himself for security purpose in spite of that, it is still not advisable to use VPN for CEX to prevent any future situation that will lead to the termination of the account cause the IP address provided by the VPN service may be used by someone else for shady activities and once the CEX found out about that they will terminate the account.

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akar87
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February 04, 2021, 03:27:46 PM
 #37

My country block using binance.com but I not worry because still can access if using binance.cc, better if you still can't use with binance.com please move to binance.cc and keep the same binance website so not worry with your fund keep safety, I use more than two months with binance.cc after my country block and banned using binance.com until now, I can access binance.com but have use with vpn so I hate with vpn access and choose with binance.cc


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JeromeTash
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February 04, 2021, 08:54:51 PM
 #38

I remember visiting the site recently, but I had forgotten to turn off my VPN. My account was temporarily blocked (I couldn't make any trades). Whenever i tried to make a trade, an error message talking about breach of terms of service would pop up even when I turned off the VPN.
I however got unblocked some 10 - 20 minutes later. The reason for getting blocked was perhaps i used an IP address of a banned Country.

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MCobian
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February 04, 2021, 11:59:40 PM
 #39

I did not find any rules on Binance regarding prohibiting using a VPN to access Binance, I also accessed the Binance website using a VPN. Since
the internet provider in my country has blocked the Binance site, I don't know the reason, even though my country legalized crypto as a digital asset.
The most important thing is not to use a free VPN, because it is very prone to being hacked. We must be careful if we are already in the internet
world, security must take precedence.

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Oshosondy
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February 05, 2021, 02:17:59 PM
 #40

Binance is the most trusted site in crypto from other exchange sites
Let us just make it 'binance is one of the most trusted exch he site. But let us remember that not our key not our coin.

But before using VPN you have to check which VPN you are running there are many VPNs that have access to the site.
Using VPN that connects to the IP of binance supporting countries should not give a problem while binance is supported by many countries.

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