Wondering how long Binance verification takes in 2024? With crypto regulations tightening across the globe, exchanges like Binance have stepped up their verification processes. This ensures better compliance but can leave users waiting longer for account approval.
In this definitive guide, we’ll cover everything you need to know about Binance identity verification in 2024, including:
- What verification levels Binance offers
- Documents you need for verification
- Step-by-step verification process
- Current verification timeframes
- Tips to speed up the process
Understanding Binance‘s Verification Levels
Binance offers three main tiers of verification:
Basic Verification (Level 1) – Requires name, date of birth, address, and ID document. Unlocks $50,000 equivalent daily withdrawal limit.
Intermediate Verification (Level 2) – Requires facial verification plus evidence of residence. Unlocks $200,000 equivalent daily withdrawal limit.
Advanced Verification (Level 3) – Requires know your customer (KYC) check. Unlocks higher limits based on trading volume and assets held on Binance.
Higher verification levels enable more features and higher transactions limits but also involve more rigorous checks.
Documents You‘ll Need for Binance Verification
To get verified on Binance, you’ll need to provide:
- Government-issued ID (driver’s license, passport, national ID card)
- Proof of address (bank statement, utility bill, etc)
- Facial verification photos/video
Documents must be high quality, in color, and show the entire ID clearly.
You’ll also need to ensure your:
- Name matches on all documents
- Photos match your appearance
- Information matches at each verification level
Mistakes here are the biggest cause of delays.
Step-by-Step Guide to Binance Verification
Here is the usual verification process on Binance:
Step 1) Enter your personal details
Step 2) Upload your ID documents
Step 3) Submit a facial verification selfie
Step 4) Provide proof of address
Step 5) Complete any additional checks if requested
After submitting, Binance reviews your information manually. They use third-party KYC providers to authenticate documents and check them against global watchlists.
Current Binance Verification Waiting Times
In October 2022, Binance introduced facial verification for all new sign-ups. This extra step aims to make verification faster but has contributed to a current backlog.
Here are the average verification times reported by users in early 2023:
- Basic – 7-14 days
- Intermediate – 10-20 days
- Advanced – 15-30 days
However, in some cases verification is still taking 4+ weeks.
Binance is working to clear the backlog. They advise users to “remain patient” as they ramp up capacity.
5 Tips to Speed Up Your Binance Verification
Here are 5 tips to help accelerate your verification:
1. Double check your documents – Spotting any errors early prevents delays later.
2. Use high quality files – Blurry or cropped documents often require resubmission.
3. Remain patient – Multiple urgent requests can slow staff response times.
4. Stay reachable – Provide current contact details so Binance can follow up.
5. Follow up politely – You can submit support tickets if taking longer than advised.
Hopefully using these tips, you can get fully verified on Binance faster. Just be aware delays still remain common in early 2023.
The Key Things to Remember
While how long verification takes on Binance varies, here‘s a quick summary:
- Basic verification can take 7-14 days
- Intermediate 10-20 days
- Advanced 15-30+ days currently
Checking documents thoroughly first saves time later. And remaining patient is key as Binance clears its backlog.
I hope this complete 2023 guide has helped explain what to expect with Binance verification wait times. Let me know if you have any other questions in the comments!
