Binance account deactivated

JohnnyDoe

Schrödinger's guy
Mentor Group Lifetime
Dec 6, 2021
7,557
11,051
3,883
beach
#1
After 8 years, my main Binance account has been deactivated:

[td]
[Binance] Account Deactivation Notice​
[/td]​
[td]
Dear Binancian,

In accordance with our Terms of Use, we are required to and have conducted a periodic review of your account. Following a recent evaluation of your account, please be advised that we have discontinued your access to our products and services.​
[/td]​

Of course the monkeys don’t disclose the reason.
This is my kosher account, which I used for everything from trading to loans, staking, otc etc. I’ve moved quite some $ through it.
This decision came after a few months of reduced activity, since I find other exchanges to be better suited for me now. My balance is $3
While this has zero practical impact on me, it leaves a bitter taste. It is also ironical that of all the accounts I operate they chose to close the only kosher one.

This serves as a reminder to always have backups ready.
 
Reactions: polonieth, rss, 0xDEADBEEF and 2 others
#3
Bruce flea said:
"main" but is it your kyc ? not so kosher I guess
But yes always have back ups and Binance started to suck long time ago .. Use Hyper Liquid no Kyc
Click to expand...
Kosher means kosher, as transparent and compliant as it can get. Zero reasons to close it.
Hyper Liquid is good.
 
Last edited:
Reactions: Bruce flea
#8
John Spectre said:
Well, it's not me who regularly tells how literally all financial organizations close his accounts, even without transactions, but simply based on verification. There are so many options why, lol
Click to expand...
Glad to see you find comfort in the misfortunes of others.
 
Reactions: John Spectre
#10
John Spectre said:
Well, it's not me who regularly tells how literally all financial organizations close his accounts, even without transactions, but simply based on verification. There are so many options why, lol
Click to expand...
Mean. But somehow accurate.

Seriously though, I know so many people who had it happened to them on Binance and Coinbase, who were 100% clean, did nothing wrong, all their KYC was on point and did nothing else than buying some Crypto and selling higher. Probably just too much volume, and maybe your Source of Wealth didn't justify such big sums.
 
#11
Frankie said:
Probably just too much volume,
Click to expand...
I almost didn’t use it in the past 4 months. Over the past 8 years I reached vip level 4 in several occasions. So probably too low volume?
Frankie said:
and maybe your Source of Wealth didn't justify such big sums.
Click to expand...
It does. They do an annual review and I always passed it without any problem since it was introduced. They know exactly where the crypto comes from as in the early years I used almost exclusively binance.
 
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