Binance API is detecting fraudulent addresses


Cryptocoins Exchanges / Binance 29 Views

I have an Android app that lets the consumer play mini-games, accumulate points after which trade these points for crypto. I've been utilizing Binance API to ship funds from my account to a user-specified tackle.

Last month, I began getting a bizarre behaviour. Now and again, my account acquired frozen and I could not withdraw any amount of crypto. After checking, my final switch was rejected and I had a warning saying my account was being reviewed.

I decided to contact the help they usually confirmed what I suspected - that tackle was associated with fraudulent actions. My account obtained unfrozen, and I labored on a solution the place I might create a blacklist of addresses on my server, and refuse to make the transfer if the tackle was on that blacklist.

All through the month, I received my account frozen 5 or 6 more occasions, and I added the rejected handle to that blacklist. Each time my account received frozen, I had to wait a couple of hours, after which my account can be unfrozen and the whole lot would return to regular.

The thing is, Binance does not have an endpoint to verify tackle integrity. Right now, I have to proceed with the transfer and get my account frozen, so I can determine the fraudulent tackle and add it to my blacklist.

As we speak, my account obtained frozen for the same actual cause, but this time the warning message was totally different. There isn't a "24-hour evaluation" or something. I've contacted help, they usually say that this evaluation can take as much as a month. As you possibly can guess, if my account doesn't work, my app doesn't work both.

I have made a suggestion one month ago, so Binance can create an endpoint to the API, the place we might examine the tackle integrity earlier than proceeding with the transfer, however I acquired no response until now.

I am creating this publish with the aim of perhaps getting the attention of the Binance help group, and perhaps give a heads-up to the DEV staff. As far as I can see, the API changelog is up to date on a weekly basis, and I'm confident this is something they will work on.

Additionally, if someone has any options to surpass this concern, be happy to say! Thanks for studying.

submitted by /u/RaversPT
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