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3rd verification ??

Binance

Cryptocoins Exchanges / Binance 94 Views

Hey, making an attempt to figure out what's going on. I have been using Binance since 2019, my preliminary verification from reminiscence was a fast one... About 2 years in the past I acquired the extra demanding verification the place I offered (and once I go into my account it says that I am verified by Private info, authorities issued ID and facial recognition). I have been shopping for some crypto twice a month for a couple of months and this morning I acquired a prompt to verify my ID ONCE AGAIN, even thought it is still clearly said that my account is verified within the app with large quantities of withdrawls and such.

I am verified in most DEXs beneath the solar and this truly pissed me off to the point of coming back to Coinbase Professional for my onboarding. I don't thoughts verifying again, but I missed an honest buying alternative because of one thing that should have been settled a very long time ago. BTW I stay in Canada, outdoors of Ontario.

Is there new regulation that came into effect that I missed or am I going to need to verify my ID every few months and probably lose good onboarding opportunities ?

Edit: Determined to undergo the verification... It was virtually instantaneous and the results was ''Increased withdrawal and deposit limit''... Although I already had a restrict of 50okay and by no means purchased more then 50USD at a time... Bizarre to say the least.

submitted by /u/Specific-Vanilla
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