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Are there any restrictions on withdrawals from Binance US?

avatarRahbek CoxDec 25, 2021 · 3 years ago5 answers

What are the restrictions on withdrawals from Binance US? Can I withdraw any amount of cryptocurrency? Are there any limits or fees associated with withdrawals?

Are there any restrictions on withdrawals from Binance US?

5 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are restrictions on withdrawals from Binance US. The specific restrictions depend on your account verification level. For example, if you have completed the basic verification, you can withdraw up to $5,000 worth of cryptocurrency per day. However, if you have completed the advanced verification, you can withdraw up to $1 million worth of cryptocurrency per day. It's important to note that additional security measures may be required for large withdrawals.
  • avatarDec 25, 2021 · 3 years ago
    Withdrawal restrictions on Binance US vary depending on your account verification level. The higher your verification level, the higher your withdrawal limits. Basic verification allows you to withdraw up to $5,000 worth of cryptocurrency per day, while advanced verification increases the limit to $1 million per day. Keep in mind that there may be additional fees associated with withdrawals, especially for large amounts.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can confirm that Binance US does have restrictions on withdrawals. The specific limits depend on your account verification level. Basic verification allows for daily withdrawals of up to $5,000 worth of cryptocurrency, while advanced verification raises the limit to $1 million. It's important to consider these restrictions when planning your withdrawals. If you need higher limits, you may need to complete the advanced verification process.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are withdrawal restrictions on Binance US. The limits vary depending on your account verification level. Basic verification allows you to withdraw up to $5,000 worth of cryptocurrency per day, while advanced verification increases the limit to $1 million per day. Keep in mind that there may be additional fees associated with withdrawals, so it's important to review the fee schedule before making any withdrawals.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has implemented withdrawal restrictions on Binance US. Depending on your account verification level, you may be limited to withdrawing up to $5,000 worth of cryptocurrency per day with basic verification, or up to $1 million per day with advanced verification. It's important to note that additional security measures may be required for large withdrawals. Make sure to review the withdrawal limits and fees before initiating any transactions.