KYC stands for "Know Your Customer" — it simply means the platform needs to verify your real identity. Completing KYC verification on Binance is a prerequisite for using all features. You can complete verification on Binance Official, or through the Binance Official APP, which is more convenient since it can directly access your phone's camera. iPhone users who haven't installed the app can refer to the iOS Installation Guide. Let's explain what KYC is and how to complete it.
Why KYC Verification Is Required
KYC isn't unique to Binance — all legitimate financial platforms and exchanges worldwide require identity verification. This is mandated by international anti-money laundering (AML) regulations to prevent criminals from using trading platforms for money laundering, terrorist financing, and other illegal activities.
On Binance, completing KYC unlocks the following features and privileges. First, higher withdrawal limits — unverified accounts have very low daily withdrawal caps, which increase significantly after verification. Second, P2P trading — the ability to buy and sell cryptocurrency with fiat currency, which requires KYC. Additionally, fiat deposits, Launchpad participation, and other features also require identity verification.
In other words, without KYC, your Binance account can basically only view market data — available functions are extremely limited. We recommend completing KYC immediately after registration.
Binance KYC Verification Levels
Binance divides identity verification into several levels, each with different privileges:
Basic verification requires personal information including your name, date of birth, and residential address, plus uploading a photo of your ID document. Users can use a national ID card, passport, or driver's license depending on their country. After completing basic verification, you can use most Binance features, including P2P trading and deposits/withdrawals.
Advanced verification adds facial recognition on top of basic verification. The system asks you to look at the camera and perform certain actions — like blinking or turning your head — to confirm you're the actual person operating the account. After advanced verification, your daily withdrawal limit increases further.
For most regular users, basic verification plus facial recognition is more than sufficient. Unless you have very large withdrawal needs, there's no need to pursue higher verification levels.
KYC Verification Process
Here are the steps to complete KYC in the Binance app:
Step one: Open the app and tap the profile icon in the upper left to enter your personal center. You'll see an "Identity Verification" entry — tap to proceed.
Step two: Select your nationality and document type. Then fill in your real name and ID number — this information must exactly match your document.
Step three: Upload photos of your ID document. You'll need to photograph both the front and back. Ensure good lighting and that all text and photos on the document are clearly legible. Don't use copies or screenshots — it must be a photo of the physical document.
Step four: Complete facial recognition. The system opens the front camera, and you follow the on-screen prompts to perform the requested actions. Make sure your face is evenly lit, don't wear hats or sunglasses, and keep the background simple.
After submission, the system begins review. In most cases, review is fast — minutes to hours. But during peak periods or if submitted materials have issues, review may extend to several days.
Common Reasons for Verification Failure and Solutions
If your KYC verification doesn't pass, it's usually due to one of these reasons:
Poor photo quality. Blurry ID photos, severe glare, or cropped edges will all cause rejection. The solution is to retake photos in good lighting, ensuring the document is fully within frame with clearly readable text.
Incorrect information entry. If the name or document number you entered doesn't match the document, the system automatically rejects it. Double-check your entries carefully.
Facial recognition failure. This might be caused by dim lighting, wearing glasses, or heavy makeup preventing accurate recognition. Try again in natural light without accessories — this usually resolves it.
Expired document. An expired ID cannot pass verification. You'll need to obtain a new document before trying again.
If multiple attempts fail, contact Binance online customer support. They can manually review your materials or tell you exactly where the issue lies.
Q: Is the personal information submitted for KYC secure?
A: Binance uses bank-grade data encryption to protect user personal information. Your submitted document photos and personal data are encrypted in storage and only accessed when required by regulations. However, you should also be careful not to casually submit personal information on unofficial platforms.
Q: Can I use someone else's ID for KYC?
A: Absolutely not. First, it violates Binance's user agreement — if discovered, the account will be banned. Second, if you ever need to recover your account or handle security issues, you won't be able to pass identity verification. You must use your own real identity information.
Q: Can I modify information after completing KYC?
A: Generally, personal information cannot be self-modified after verification. If changes are genuinely needed — for example, after obtaining a new ID document — you'll need to contact Binance customer support to submit a request with supporting documentation.