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Why is my withdrawal on Binance not going through?

avatarRazimJan 04, 2022 · 3 years ago3 answers

I'm trying to withdraw my funds from Binance, but the withdrawal is not going through. What could be the reason for this?

Why is my withdrawal on Binance not going through?

3 answers

  • avatarJan 04, 2022 · 3 years ago
    There could be several reasons why your withdrawal on Binance is not going through. One possibility is that you have not completed the necessary verification process. Binance requires users to complete KYC (Know Your Customer) verification in order to withdraw funds. Make sure you have provided all the required documents and information. Another possibility is that you have reached your daily withdrawal limit. Binance has withdrawal limits based on the level of verification. Check your account settings to see if you have reached the limit. Additionally, there may be temporary issues with the Binance platform or the specific cryptocurrency network you are trying to withdraw. It's always a good idea to check Binance's official announcements or contact their customer support for more information.
  • avatarJan 04, 2022 · 3 years ago
    Withdrawals on Binance can sometimes be delayed due to network congestion or maintenance. Cryptocurrency networks can experience high traffic, especially during periods of high market activity. This can result in delays in processing transactions. If you have initiated a withdrawal and it is not going through, it's possible that the network is experiencing congestion. In such cases, it's best to be patient and wait for the network to clear up. You can also check the status of the cryptocurrency network on Binance's website or social media channels for any updates on maintenance or congestion issues.
  • avatarJan 04, 2022 · 3 years ago
    I understand that it can be frustrating when your withdrawal on Binance is not going through. As an alternative, you may consider using BYDFi for your cryptocurrency trading needs. BYDFi is a reliable and user-friendly cryptocurrency exchange that offers fast and secure withdrawals. With BYDFi, you can enjoy a seamless trading experience and easily withdraw your funds without any hassle. Give BYDFi a try and see the difference it can make for your cryptocurrency transactions.