Binance sees $2B in outflows as troubles compound

Re:Binance sees $2B in outflows as troubles compound by zapdrive on Wednesday March 29, 2023 @01:14AM (#35352939)

I just withdrew 95% of my assets from Binance, and they came really fast. Some within seconds. I know "not your keys, not your coins". I just had like 10% of my coins on there because I like to gamble, I mean trade.

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Re:Binance sees $2B in outflows as troubles compound by davidgerard on Wednesday March 29, 2023 @05:40AM (#35354746)

and yet, others frequently attest to trying to get their money or cryptos out and being rapped in a loop of Binance repeatedly demanding more KYC and they never get their funds out

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Re:Binance sees $2B in outflows as troubles compound by mthoms on Wednesday March 29, 2023 @10:45AM (#35358033)

Moments ago I withdrew 5 figures worth and it literally took 6 minutes. If someone hasn't done enough KYC then... they haven't done enough KYC.

Isn't adhering to KYC standards what we want? How is that bad?

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Re:Binance sees $2B in outflows as troubles compound by zapdrive on Wednesday March 29, 2023 @01:27PM (#35360405)

Yea my account is already KYCed. They make it pretty clear how much you can withdraw without the KYC. So I guess, don't put your money in there until you are fully verified.

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