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Binance placing EU users account under review?

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Cryptocoins Exchanges / Binance 93 Views

My account was placed beneath assessment round 16 working days ago. I've submited in depth required documentation inside hours. Yet 16 days later, i've heard nothing from compliance, the place the promised processing time was 8 working days.

I've observed comparable problems from other customers within the weekly help thread. Plainly binance is putting accounts beneath evaluation for enhanced due dilligance, but failing to evaluation it in promised time. When the users complain to the chat, they're advised to wait even longer with no clear deadline.

Why are they locking individuals accounts if they're unable to process paperwork because of not sufficient complaince manpower?

Simply so you understand: Your account remains restricted whereas it is underneath evaluate, with some customers reporting not with the ability to deposit/withdraw. In my case i used to be capable of withdraw but not deposit.

First they stripped 90% of the platform options on account of required EU laws, now they suspend EU customers accounts.

Anyone has comparable experiences here? Be careful should you're from EU.

submitted by /u/treasoro
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