Safely Verifying Your Binance Account for the New Year
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Safely Verifying Your Binance Account for the New Year
Crypto Gifts at Christmas Introduction Crypto crosses with Christmas gifts.
The Christmas season draws near, and a whole lot of people have decided to share the gift of cryptocurrency with friends and family. What better way than gifting a helping hand onto one of the largest crypto exchanges in the world-Binance? Buy verified Binance account can be a good present for your close person to let him safely trade digital currencies at the start of the new year.
While the process of account verification is easy and very advisable for safety reasons, there are those who would instead seek other methods of getting verified, such as buying verified Binance accounts from seosmmweb.com. But is this really a good idea? In this guide, we will walk you through the right way to verify your Binance account and show you why you should be very cautious about shortcuts like buying a verified account from third-party providers.
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Understanding Binance and How Verification Works
Binance is among the well-known global cryptocurrency exchanges offering access to a wide array of digital assets, advanced trading capabilities, and high liquidity. In order to begin with Binance, one will need to verify their accounts.
Why Account Verification Counts:
Security: A confirmed account adds an extra bit of security to protect from unauthorized access.
Higher Withdrawal Limits: Verified accounts can withdraw much more funds than unverified accounts.
Full Access to Features: Advanced trading options, margin trading, and futures are available to verified users but not for unverified accounts.
How to Properly Verify a Binance Account:
Create an account on Binance.
Enable 2FA for added security.
Upload a government-issued ID and a selfie to verify your identity.
Wait for Binance to process your documents.
Once verified, you will enjoy all the benefits accruable from a fully functional Binance account.
The Temptation: Buying Verified Binance Accounts
For someone setting up a Binance, especially if these individuals wish to trade right away and bypass the wait time involved in the verification process, some may consider shortcuts. Something such as seosmmweb.com offers "for sale" verified Binance accounts. But is this safe or ethical?
Why You Should Avoid Buying Verified Binance Accounts:
Violation of Terms of Service: Binance takes the sale and purchase of verified accounts very seriously and forbids it. Operating an account in such ways will get you permanently banned from the exchange, resulting in the loss of full access to your funds. Binance's terms outline that users are only entitled to verify their accounts by providing their personal information in its entirety.