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Are there any restrictions or requirements for buying SHIB on Binance US?

avatarNecker TVDec 24, 2021 · 3 years ago3 answers

What are the restrictions or requirements that need to be considered when buying SHIB on Binance US? Are there any specific rules or conditions that users should be aware of?

Are there any restrictions or requirements for buying SHIB on Binance US?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    When buying SHIB on Binance US, there are a few restrictions and requirements to keep in mind. Firstly, users need to have a verified Binance US account in order to trade cryptocurrencies. This involves completing the KYC (Know Your Customer) process, which includes providing identification documents and personal information. Additionally, there may be certain geographical restrictions that apply to SHIB trading on Binance US. It's important to check if your location is supported before attempting to buy SHIB.
  • avatarDec 24, 2021 · 3 years ago
    To buy SHIB on Binance US, users must meet certain requirements. These include being at least 18 years old and having a valid government-issued ID. Users also need to have a funded account with sufficient funds to cover the purchase. Binance US may have specific trading limits or restrictions for SHIB, so it's advisable to check the platform's guidelines or contact their customer support for more information.
  • avatarDec 24, 2021 · 3 years ago
    When purchasing SHIB on Binance US, it's important to note that Binance US is a separate entity from BYDFi. While BYDFi is a digital currency exchange that specializes in native token trading, Binance US is a different exchange that operates under its own regulations and policies. Therefore, the restrictions and requirements for buying SHIB on Binance US may differ from those on BYDFi. It's recommended to review Binance US's terms of service and trading guidelines for specific details on SHIB trading.