How to Delete Binance Account

To ensure that it’s you who wants to delete the account, Binance will display a set of 2FA verification prompts before initiating account deletion. Binance will process your request and notify you via email once the deletion is complete. Once an account is disabled, the user cannot access it until a formal request is made to the Binance support team. However, this can only be done two hours after the account is disabled.

If you want to reuse the account, then you will need to contact the Binance Support team to reactivate the account. Once the Binance platform becomes accessible, the next step is to head to the ‘Security’ settings. To do this, click ‘Security’ on the left-hand side of the screen immediately beneath ‘Dashboard’ to access the security page. What if you end up regretting your decision withdraw from crypto trading? Binance makes it straightforward to open a new account, even post-deletion.

Deleting and removing your Binance account is permanent and irreversible. As mentioned above, you can always disable your account instead of going through and deleting how to buy bitcoin in dubai it. It’s down to the individual, and there are plenty of platforms looking for your business, but it’s always worth having a backup exchange. Hedge With Crypto aims to publish information that is factual, accurate, and up-to-date. The information about a specific cryptocurrency exchange or trading platform in reviews and guides may differ from the actual provider’s website.

FAQs

Nonetheless, if you plan on holding your crypto for longer, you may want to consider moving it to a hardware wallet. If you still have funds in Binance, you can transfer them to another exchange or a crypto wallet. Your decision should be based on what you want to do with the crypto assets afterward. Besides, Binance paused part of its activity in the United States in October 2023 in response to the SEC’s lawsuit, which was filed on June 5, 2023. It is to see when the crypto exchange will allow US users to use the platform again.

Or maybe you don’t want to use Binance to buy/sell cryptocurrency anymore. Once in, locate the ‘Security’ tab that is situated between the ‘Pay’ and ‘Notification’ icons. Tap on the ‘Security’ icon with the shield to open up the next configuration settings. Once you’re comfortable with this, tap on the ‘Disable Account’ button at the base of the screen as shown in the screenshot below. While there are a lot of promotional companies that claim to boost your Spotify stats, most of them are fake and filled with spam and ads.

How to Find Transaction History on Binance

Since Binance account deletion is permanent and irreversible, it is advisable to make a few preparations beforehand. For security and compliance reasons, your request for account deletion must be made from within the United States. However, deleting your account is a permanent and irreversible process. Users can easily head to the Binance Support website or use the online chat option available on the exchange. There are steps to follow to go down the path or reinstating a disabled account. To do this, open the Binance app and tap the ‘Login’ icon on your device.

Hold cryptocurrencies, keeping an inactive account might not make sense. In my experience both as a trader and technologist, taking preventative measures around security and backups makes deletion scenarios less likely. But now you have how to buy lto network all details necessary to initiate permanent closure.

I was unable to delete my Binance account permanently and was only given the option to disable it. Before closing and deleting your Binance account, you must ensure all funds have been withdrawn. We have a full tutorial if you’re unsure how to withdraw from Binance. It can be difficult to have precisely a zero balance; we believe your account should be less than or equivalent to 0.001 BTC before you can delete your Binance account. In this step-by-step tutorial, we’ll cover everything from understanding the reasons behind deleting or disabling a Binance account to the possible implications you may face.

Account deletion FAQs

The last option in the security menu will be “Manage Account.” Click on that. If you want to delete your Binance account, there are some things you need to take care of before. A device or application that securely holds a user’s public and private keys while allowing interaction with a blockchain network. Scroll down to the “Delete Your Account” section, read the warning message and terms, then click Delete Account to continue.

Step 6: Final Confirmation

Before deleting your Binance account, remember to move your funds to another crypto exchange or to a crypto wallet (hot or cold), depending on further plans. Yes, you can create a Binance account even if you have previously had one and you closed it. However, you will have to get through the sign-up and verification processes again, so get ready to provide a personal document, personal information, and proof of address.

To go to the page to delete your Binance account, select “Delete this account”. Disabling your account is temporary, and you’ll be able to reactivate it after two hours. On the security page, you’ll see a checklist to increase your account security. After you’ve clicked on “Security”, you’ll land on the security page.

You might also be required to verify your log in, and in most cases, you can do this through TouchID (Android) or FaceID (iOS). However, it is essential to note that there have been some security concerns over the years. Moreover, Binance was charged by the US Securities and Exchange Commission (SEC) with various securities law violations. Binance.US reserves the right in its sole discretion to amend or change this disclosure at any time and for any reasons without prior notice.

• You will be prompted to select a reason for the account deletion.
• It is to see when the crypto exchange will allow US users to use the platform again.
• However, there might come a time when you don’t need your Binance account anymore or simply want to explore what other crypto exchanges in the sector have to offer.
• He started Hedge With Crypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.
• If you continue to trade on another cryptocurrency exchange other than Binance, we recommend KuCoin.

These precautions ensure that you never lose digital funds or data and prevent you from potential cyber-attacks via your credentials. During the process, do not deposit any assets in your account or you might lose them. After you’ve entered the email address or phone number that is linked with your account, scroll down to the bottom of the page. On the other hand, if you want to use the phone that is linked with your account, select the “mobile” tab.

Read on as we transition from analyzing Binance‘s background to a step-by-step account deletion walkthrough. Before digging into account deletion, it‘s helpful to understand Binance‘s background and how it became the world‘s top exchange in just four years. If you’re new to Binance, it’s easy to register Binance account in just a few simple steps. First, you might want to check the situation of the funds stored in your account. You want to ensure that your balance is neither positive nor negative.

• Open orders may not be filled when trading on exchanges, and these incomplete orders may not appear in your balance.
• After you’ve clicked on “Security”, you’ll land on the security page.
• This article will guide you through the steps to delete your Binance account should the need ever arise.
• Ensure that all balances are zero before attempting to delete your account.
• Remember, your crypto assets’ safety should always be your top priority when managing your exchange accounts.

To proceed with disabling a Binance account, scroll down the ‘Security’ page to ‘Devices And Activities’. Then locate ‘Account Activity’ and click on the ‘Disable Account’ icon after the ‘Suspicious Activity’ phrase. If you see the acronym “KMS” on Snapchat, it stands for “Kill Myself” and is often used to express extreme frustration or disappointment. However, it is important to take such messages seriously and consider reaching out to provide support or contact the appropriate authorities if necessary.

Founded in 2017, Binance has customers from all over the world and is the largest cryptocurrency exchange. It is the first choice of many individual and institutional investors due to its high transaction volume in both spot and derivatives markets. Closing your Binance account is a major choice that should be made thoughtfully. Ensure that you have saved all required information and removed all your money before starting the procedure. The steps provided in this guide will securely and smoothly enable you to delete your Binance account.

If you‘ve been accessing your Binance account via API for trading bots or portfolio tracking sites, now is the time to revoke those keys. This comprehensive, 2600+ word guide provides everything you need to know to successfully delete your Binance account like a pro. If you still want to trade cryptocurrencies not through any intermediaries, try to learn about what DEX is and why decentralized exchanges (DEX) are important in the crypto economy. During the registration process, you haven’t entered a referral code yet which can help you get up to 20% discount on permanent transaction fees. So, if you want to delete your Binance account, keep in mind that you can do this from both the mobile and what is illicit cryptocurrency mining desktop versions. The processes differ just a little, but they are extremely straightforward.