So, we have put together a simple guide on changing your number on the Binance exchange. I’m concerned that some users cannot delete their accounts and personal information. Hopefully, Binance will address this and provide customers with further information on why they have chosen to remove this feature. I don’t know the whole reasoning behind this, and hopefully, it will be addressed as they are receiving some pressure from the FCA.
The process should not take more than a few minutes, and it does not require extensive crypto knowledge to be completed. Once your Binance account is disabled, you cannot begin the reactivation process until at least two hours have passed. After two hours, you can reactivate your account and start trading crypto again. 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. However, remember that once you delete a Binance account, the company will no longer store your funds or personal information. Compared to other popular cryptocurrency exchanges, the fees charged by Binance are significantly lower.
– To delete a Binance account, start by going to Binance.com, or if you’re in the US, you will use Binance.us. Adnan is a crypto enthusiast who is always keeping an eye on the latest developments in the crypto ecosystem. He is an environmental engineer working on his MBA and has been following innovations in FinTech for several years. Adnan produces written content to review crypto projects and support the crypto community.
What happens when I close Binance account?
Selected “Confirm to delete” to send a request to Binance to delete your account. After you’ve entered the email address or phone number that is linked with your account, scroll down to the bottom of the page. If you want to use the email address that is linked with your account, select the “Email” tab. If you detect any suspicious activity in your account, you can disable it. After you’ve clicked on the profile icon on the top navigation bar, a menu will open. Once you’re logged in to your account, click on the profile icon on the top navigation bar.
It is to see when the crypto exchange will allow US users to use the platform again. This is why some users might consider the US version of Binance a little limited, at least for the moment. And while Binance offers many valuable features that we will discuss later in this article, it is possible that, at some point, you want to try another platform. So, you find yourself in the situation of looking for a way to close your Binance account.
Step 2: Go to your profile page and click “Security”
So, if you registered with Google, you should use the same method for logging in. Just like with the mobile app, you first have to access Binance and log into your account. After you tap on it, you will be asked why you are leaving Binance, and from there, you will just have to confirm the Binance account deletion.
How to Delete Binance Account? – Step-by-Step Guide
- Your decision should be based on what you want to do with the crypto assets afterward.
- On the other hand, if you want to use the phone that is linked with your account, select the “mobile” tab.
- If you detect any suspicious activity in your account, you can disable it.
- Before trying to completely delete Binance account, make sure no funds are left in it.
- Or maybe you don’t want to use Binance to buy/sell cryptocurrency anymore.
However, user discretion is advised before deleting one’s account on the exchange. Of course, we’d strongly recommend you make sure you definitely want to delete your Binance account before you do so as, like many deletions, it is permanent. We are not qualified advisors, and none of our content(s) is a licensed investment advice, nor is it a replacement from certified financial planner. Do your own research before investing in any cryptocurrency project, and always invest what you can afford to loose. However, this website is readers supported, and it’s free for you to use, but we include link(s) to products or services we think are useful to you.
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. If you don’t want to store your cryptocurrencies on an exchange due to security concerns, then using a cryptocurrency hardware wallet will be the best solution. Check our comparison of Ledger Nano X vs. S Plus to see which how do i write off previous outstanding checks cold storage solution might be best for you. For the purposes of this guide, we’re showing how to delete a Binance account using a mobile app.
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. Users can consider disabling or deactivating their accounts instead of deleting an account straight away.
If your account does not have less than or equal to 0.001 BTC, your account’s deletion application will be rejected. However, deleting your Binance account is straightforward as the page is hard to navigate to. Or maybe you don’t want to use Binance to buy/sell cryptocurrency anymore.
After you click on “Profile,” you will reach a menu with plenty of sections and options. You should first look for “Account,” which will be in the left part of the screen. You can log in by typing your email, through Google, with your Apple account, or with a QR code. The last option implies having the app installed and using it to scan the QR code.
How Can I Change My Mobile Number?
It’s possible you can delete your Binance account for either safety or some certain security reasons. During the process, do not deposit any assets in your account or you might lose them. If you’ve selected the “Email” tab, enter your Binance account’s email address.
Keep in mind that you can always delete Binance account from the mobile app. If you want to continue trading them, it is best to move them to another exchange or a software crypto wallet. Nonetheless, if you plan on holding your crypto for longer, you may want to consider moving it to a hardware wallet.
Users usually want to know as much as possible about a platform that may store their crypto assets. So, you might end up analyzing tens of platforms before starting to actually trade crypto. As mentioned above, you can always disable your account instead of going through and deleting 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. While creating this guide on how to delete a Binance account, I had some issues. I was unable to delete my Binance account permanently and was only given the option to disable it.