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Binance Announcement Updates to Binance Services | Scoop Hype


Binance Announcement Updates


 Binance has announced an update to its services

The update comes after the review of global financial regulations by forcing all new users of the platform to do KYC documentation to use the platform, and this compulsion applies to deposits, withdrawals, trading, and all other platform services


All accounts who have not completed the authentication and are pre-registered, their account capabilities will be gradually reduced until they have the ability to withdraw their cryptocurrency only starting from the date of 10-19-2021 at 3 am Mecca time and they must verify the account with their personal identity to continue using the services of the Binance platform in the manner the usual


To find out how to verify an account with personal identity, click here


The news is considered positive, indicating the platform's interest in following global regulatory laws to reduce money laundering and others


Updates to Binance Services 

💡 Important rule: Each personal identity has only one account, the platform prevents the authentication of multiple accounts with the same personal identity.


If you have multiple accounts, you can withdraw your money to one account and then verify it with your personal identity.




Resource: Binance Announcement


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