How Long Does Binance Verification Take? The Complete Guide

Hey there!

So you‘re looking to start trading crypto on Binance and want to know – how long does Binance verification take? I‘ve got you covered!

In most cases, the entire Binance verification process takes 1-3 days from start to finish.

Here‘s a quick breakdown of the estimated timelines:

Email verification: Instant
Phone verification: Up to 1 minute
ID verification: 10-30 minutes (can take up to 1 week)
Address verification: 1-3 days

In this detailed guide, I‘m going to walk you step-by-step through the different verification levels, documents required, and troubleshooting tips based on my own experience of getting verified.

Let‘s get started!

Why Binance Requires Account Verification

As a leading global crypto exchange serving over 90 million users worldwide, Binance takes security and compliance very seriously.

They require identity and address verification to:

Comply with anti-money laundering (AML) and know your customer (KYC) regulations in most countries.
Prevent fraud, hacking, and other illegal activities on the platform.
Build trust so that more institutions feel comfortable adopting crypto.

According to Binance, over 78% of their users have completed full KYC verification as of December 2022.

So there‘s no escaping the verification process if you want to use Binance regularly!

Levels of Binance Account Verification

Binance has four levels of account verification, each requiring you to provide more personal information and documents:

Email Verification (Level 1)

This basic level just needs your email address to be verified.

Limits: Can deposit, trade, and make withdrawals up to 2 BTC daily.

Phone Verification (Level 2)

Requires your phone number to be verified via OTP.

Limits: Daily withdrawal limit increased to 100 BTC.

Identity Verification (Level 3)

Need to submit government ID (passport, license etc.) and selfie.

Limits: Daily withdrawal still capped at 100 BTC.

Address Verification (Level 4)

Documents like bank statement or utility bill required to prove your address.

Limits: Unlocks highest daily withdrawal limit of 100 BTC.

So in order to maximize your trading and withdrawal limits on Binance, you need to complete all four verification levels.

Here are the step-by-step instructions.

Step 1: Email Verification

The first step is to simply register for a Binance account and verify your email address.

Go to Binance.com and click Register.
Enter your email address and choose a secure password.
Check your inbox for a confirmation email from Binance and click the verification link.

This enables the basic Level 1 verification. Double check that there‘s a green tick next to ‘Email Verification‘ on your Binance account page.

Estimated time: Instant

Step 2: Phone Verification

To enable Level 2 verification:

Log in to your Binance account and go to Profile > Basic Info.
In the Phone Number section, enter your number including country code.
Select your country from the dropdown.
Click ‘Verify‘. Binance will send a 6-digit verification code to your phone.
Input this OTP to verify your phone number.

I received the SMS code within 30 seconds, input it to complete phone verification.

Estimated time: Under 1 minute

Step 3: Identity Verification

The ID verification step requires:

Government-issued ID (passport, driver‘s license etc.)
Facial verification selfie

Follow these steps:

Go to Profile > Identification.
Click ‘Start Verification‘.
Select your document type – I chose Passport.
Enter your ID details exactly as they appear on the document. Double check for accuracy!
Upload a clear color photo/scan of the front and back of your ID. Make sure all text is visible.
Take a live selfie video by following the on-screen instructions. Hold your ID next to your face.
Click Submit.

I made sure there was good lighting and no blur in my selfie, as that can cause verification failure.

For me, ID verification was completed within 11 minutes after submission. But it can take up to 30 minutes during busy periods.

Estimated time: 10-30 minutes usually. Can take up to 1 week if manual review is needed.

Step 4: Address Verification

The final step to maximize your limits is address verification:

Go to Profile > Address Verification.
Enter your full address details.
Upload a proof of residence document like bank statement, utility bill etc. It should have your name and address clearly visible.
Click Submit.

This process took almost 2 days for me as Binance had to manually verify my address documents.

Estimated time: 1-3 days normally for address verification.

And that‘s it! Once I had green ticks next to all four verification levels, I could access Binance‘s full features and highest withdrawal limits.

Documents Required for Binance Verification

Here are the documents required at each verification level:

Email: Just your email ID
Phone: Phone number
ID: Passport, driver‘s license, national ID card etc. Front and back sides required.
Address: Bank statement, utility bill, tax document with your name and address visible.

The documents should be high resolution, color, with clearly visible text and details. Any blurry or illegible documents could lead to failed verification attempts.

How to Avoid Binance Verification Failure

These tips will help ensure your documents get approved smoothly:

Accurate information: Details you enter on Binance must exactly match your documents. Cross verify them.
Correct document formats: Upload documents accepted by Binance. Selfies and scans should be in focus without blur.
Active IDs: Use documents that are currently valid, not expired.
Legible text: All text and details on images must be clearly visible and readable.
Follow instructions: Read prompts carefully and provide documents as per requirements.
Good lighting: Take selfies and photos in bright, evenly lit conditions without shadows or glare.

Following these best practices will help you breeze through Binance account verification!

What To Do If Binance Verification Fails?

Some common reasons for Binance verification failure include:

Unclear or blurry documents that can‘t be read
Mismatch between details entered and ID document data
Uploading incorrect document types like company ID instead of passport
Taking selfie incorrectly or unclear live photo
Providing expired documents
Incomplete or missing details

Here are the troubleshooting steps if your verification fails:

Review requirements carefully again and cross check all details entered match your documents exactly.
Ensure you have uploaded documents in acceptable formats as per Binance criteria.
Take well-lit selfies and scans without any blur or shadows.
If errors persist, contact Binance customer support via chat or email for assistance. You may need to re-upload documents if they couldn‘t be read.
Don‘t attempt too many back to back retries as your account could get locked for 24 hours.
If your case requires further investigation, provide any additional information requested by support to complete verification.

With some patience and care, you can get your Binance verification done within 1-3 days in most cases!

FAQs About Binance Verification

Let‘s wrap up by answering some frequently asked questions:

Can I use Binance without verification?

You can use Binance for basic features without verification, but your trading and withdrawal limits will be very low – just 2 BTC daily. To unlock higher limits, you need to complete email, phone, ID and address verification.

What is the Binance withdrawal limit without verification?

The daily withdrawal limit on Binance for unverified accounts is only 2 BTC. To withdraw larger amounts, you need to complete at least ID verification which raises the limit to 100 BTC daily.

Does Binance accept online bank statements?

Yes, Binance allows digital statements and e-bills from banks or utility providers as address proof. As long as your name and address are clearly visible, they are accepted.

How do I unlock my Binance account after too many attempts?

If your account gets locked after multiple failed verification attempts, contact Binance support. Provide any information requested to prove your identity. Your account will be unlocked after review.

Can I trade on Binance while verification is pending?

Yes, you can still deposit funds and trade on Binance even while your verification is in progress or pending review. But withdrawal limits will be lower until you are fully verified.

I hope this guide was helpful in showing you step-by-step what to expect during Binance‘s account verification process. Let me know if you have any other questions!