As with users who made the switch last year, these users were required to open a Binance.US account to transfer their funds; they were not allowed to simply withdraw them to an external wallet. Do you appreciate our work? 3. https://www.binance.com/en/support. I have the same problem and Binance US does not support my state. Does anyone know what's up with that? To learn more, see our tips on writing great answers. Download the Maya app for free from the Google Play Store, the Apple App Store, or Huawei AppGallery. If our system detects that your account may have been compromised, we will temporarily lock your account to ensure the safety of your funds. Anybody can hack your account, alter your bank statement & your details. Due to the volatility of cryptocurrencies, you may find that the value of your investments plunge during suspensions - and you typically won't be able to do anything to stop it. "Unable to Process -- To protect your account, your trade will not be proceeded." I'm trying to buy DOGE with my credit card but it keeps giving me this error, any suggestions or is this happening to everyone else as well? Press question mark to learn the rest of the keyboard shortcuts, https://www.reuters.com/article/us-lloyds-bank-uk-bitcoin-idUSKBN1FO0UL. Get Started on Binance Lite to Buy and Sell Your Crypto, Frequently Asked Questions on Binance App Funding Wallet Migration, How Do I Deposit/Withdraw Cryptocurrency on Binance, How to Buy Crypto with Card on Binance Lite App. Another issue in the identity verification process is not receiving the verification code via message. Last year they made it clear that Binance would strictly enforce regulations to keep U.S. users off the international exchange (Binance.com). For example, if your next verification attempt is unsuccessful, look for the Verify identity on a video call button to complete a video chat with a Trusted Referee and complete your identity verification. 2. Once you have retrieved the coins you need to create a new Binance account with a different email ID. Once I completed my identification, how long do I have to wait for the security badge? To set up or manage your anti-phishing code, visit the Binance Security page and navigate the ' Advanced Security ' section. Per the document Summers compiled, plenty of users are still waiting for their funds to be unlocked. 0xEf9AAb0e49FCE5cFfA858c1935558cec6601357E, https://www.binance.com/en-IN/support/faq/360038583951. Unfortunately, this means that innocent users oftentimes may be impacted temporarily by these investigations. Out of desperation he sought information online and wound up texting the mother ofBinance.US CEO Catherine Coleyso he could get his funds unstuck. CEO Changpeng Zhao issued the following comment: We have very strict risk controls in place, firstly to secure user funds and secondly to adhere to local regulatory requirements. This is a great way to avoid phishing scams. The Binance wallet is an exchange-based way of storing your cryptocurrencies. How to tell which packages are held back due to phased updates, Norm of an integral operator involving linear and exponential terms. Binance does not take the assets seized during these proceedings, but instead hands them over to the relevant authorities in response to a court order or a seizure warrant. Now I expect to trade in USD, since I always look at the prices of the coins in $ and not . Initially I thought it was an issue on my banks side but after calling them it was evident that the problem was on Binances side. 2. Victoria Villa Photography. Your Binance withdrawal is suspended either because there's a system upgrade or you've recently changed your password. Once your account is locked, you will have to raise a customer service ticket with Binance to assist you further. And the problem is larger than the U.S. Clients from Binances primary exchange and Binance Australia have also been affected, per documents shared with CoinDesk. Styling contours by colour and by line thickness in QGIS. However, I want to deposit money with my Debit Card, but it keeps me saying (after filling in my bank details): "Unable to process. If you live in a comprehensively sanctioned country or territory, we will have to lock your account and initiate off-boarding. Also, will binance ever add PayPal as a way to buy crypto with fiat? It's not uncommon for exchanges to have downtime. Please click the link below to submit a withdrawal appeal to remove the withdrawal ban on your account(s): https://www.binance.com/en/my/risk/withdrawal-reject-appeal. In some extreme conditions there are some exchanges that will freeze your withdrawals or even restrict service completely during any day of the week for any reason. I am still getting the same withdrawals suspended due to risk management. I have had my past tickets closed for trying to get help on what additional info they need from me to mitigate risk and no response, the user said. Potentially one of the most important steps in securing your Binance exchange account. When you try to withdraw funds from your account you'll receive an email similar to this. Its important to understand that law enforcement will often have to freeze a number of accounts to identify which accounts are or arent involved in their investigation. Every cryptocurrency exchange flows the business based on the rules & regulations of global finance. Binance will take around 7-10 working days to review the document for advanced verification. Take a look at this video for clarification: https://www.youtube.com/watch?v=1newgMTWeWA. To fund your account, you'll need to buy Bitcoin with your payment voucher. Logan Brown, for example, had several thousand dollars worth of BNB coins locked in his Binance.US account for months. Solution: Simply match or reduce the amount in your code that you are trying to SELL to match the amount in your exchange Wallet. As opposed to that, the Trust wallet is also a wallet that belongs to Binance, but is a completely different, dedicated product. If our system detects you have been a victim of a scammer or fraud, we will lock your account to ensure you are still in control of your account, and are well educated about identifying and avoiding. Signup for our newsletter to stay in the loop. Trust wallet was acquired by Binance in 2018 and is currently the official wallet of Binance. Sadly, we dont always get this right. To fix the issue, try the following: Go to the Payments center. You can do it any time any day but you can only withdraw coins if you complete the account verification successfully. The firm was looking to secure fresh funding but has been unable to, making it the latest victim of the continuing crypto bear market, according to a person CoinDesk communicated with via direct messages. We understand that, for any user, having an account locked is an extraordinarily frustrating situation, especially when the reason for the account being locked might not be immediately clear. Binance app says it can't process my payment to protect me, does anyone know why this is? If you have been referred by someone, please enter their Referral ID in the Referral ID field. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Exchange Blockchain and crypto asset exchange Academy Blockchain and crypto education Learn & Earn Earn free crypto through learning Charity I have already opened a ticket, but they haven't answered yet. Privacy Policy. Then enter the password for your Google account and click " Next ". In case someone invades your privacy, what should you do? Epic Amazon Deals: https://amzn.to/3BryxNw Visit https://cryptominingonmacs.com/ - A cryptocurrency mining forum dedicated to macOS & Apple! One particular tool that law enforcement frequently employs is the temporary locking of accounts that, for a number of reasons, are flagged as potentially flouting our Terms of Use. Now, if you end up rounding your quantity to say 4 decimal places, your code would try and SELL 0.0079 BTC. She said she was asked to provide more than 15 videos as evidence of her funds provenance, some of which were impossible to upload because the video files ended up being larger than Binance could accept. Am having the same issue, Credit cards are banned from buying crypto https://www.reuters.com/article/us-lloyds-bank-uk-bitcoin-idUSKBN1FO0UL, I wonder if that has something to do with not fully Verifying your Binance account aka picture and all. NMLS ID: 1906829 Under the user's account option, the second option will be verification. The best thing to do is to get in touch with our customer service team to get more information on the lock and to work on the appropriate steps to unlock your account. We do our best to highlight this obligation clearly in our Terms of Use, as well as throughout our ecosystem. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. After verifying, we confirm and allow the verified users to trade as much as they want. Click Next. Now, Binance is closing his account. Binance supports Visa card and Mastercard payments. From there you can withdraw to your personal wallet. BINANCE: Free Account Link: https://bit.ly/39T2FqqFACEBOOK: https://www.facebook.com/dandan.dinglsaIn This video, I will teach you how to fund your Binance a. . In the basic level verification, you need to enter your basic information like nationality, first, middle & last name, date of birth, street address, postal code, and city. 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Unfortunately, this means that oftentimes innocent users may be impacted temporarily by these investigations. For example, if you traveled to the US and accessed your account, our system will lock your account and ask you to verify that you are not an US citizen and do not live in the US. 1. We regularly publish content about Bitcoin, Ethereum, Altcoins, wallet guides, mining tutorials and trading tips. After solving your issue, verify your identity verification by attaching the document. For users that are affected by these restrictions, we will give notice in advance to allow them to take any necessary action. US Senators reintroduce bill to regulate crypto mining emissions, Gemini assures customers of secure accounts despite third-party breaches.