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A comment on Binance sees $2B in outflows as troubles compound. Parent comment

Re:Binance sees $2B in outflows as troubles compound by unixhero on Wednesday March 29, 2023 @01:15AM (#35352945)
Not my experience. Regarding KYC: I have had to redo KYC in intervals and every submission had to be legible and they were picky. Not convinced.

AML routines and that game I have no knowledge of. So maybe.

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Re:Binance sees $2B in outflows as troubles compound by kortilla on Wednesday March 29, 2023 @03:55AM (#35353975)
How much money did you trade though. If you look the other way on KYC, you only do it when there is millions on the table.
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Re:Binance sees $2B in outflows as troubles compound by Stagnant on Wednesday March 29, 2023 @05:37AM (#35354728)
You used to be able to use binance without KYC in its early years but more recently (around 2019 onwards) it has started requiring KYC even to get on the platform. At the same time they've forced old users to either provide KYC or disable their accounts. This probably only applies to EU users though.
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