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Couple of questions about Binance

Binance

Cryptocoins Exchanges / Binance 296 Views

Hi everyone!
I recently joined the Crypto space and have done very well. I'm currently holding a sizeable amount on the exchange but after reading some posts about Binance withholding customer's funds.

Q) Is this a common issue or is it only US customers?

Q) Does Binance have a right to withhold non US customers funds?

Q) If I am actively trading, is it still worth withdrawing to a hard wallet?

Q) I'm currently not KYC verified as I'm not withdrawing and/or depositing more than 2 BTC daily, should I still do the KYC?

Q) What causes Binance to lock someone out of their account?

Kind regards

submitted by /u/burnsackian
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