Avoid these 5 Serious Mistakes Before It's Too Late
A locked Binance account means losing access to assets, trading, and future investment opportunities — often without prior warning. Here are the 5 most common mistakes users often make:
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1. Use VPN from Restricted Countries
Accessing Binance from banned regions such as the US, Iran, North Korea, even once, may lead to permanent account locking. Binance uses IP tracking technology and AI to enforce geographic restrictions.
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2. Have Multiple Personal Accounts
Binance only allows each user one personal account. Creating multiple accounts with the same identity or IP violates policy and may lead to being banned.
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3. Use Unauthorized Bots or APIs
Integrating with unauthorized third-party tools or trading bots may violate Binance's API terms. Only use verified tools listed in the Binance API Marketplace.
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4. Submit Fake KYC Documents
Using false or incomplete information during the identity verification process (KYC) may result in the account being locked immediately. Binance is very strict about identity verification to comply with international regulations.
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5. Engage in Suspicious P2P Transactions
Using payment methods that do not match the verified real name or engaging in suspicious P2P transactions may lead to account suspension or locking. Binance requires payment methods to match the verified name on the account.
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🛡️ Latest Compliance Update
• Service Suspension in Nigeria: Binance has ceased operations in Nigeria due to legal and tax issues.
• Verify Identity with Facial Recognition: The new identity verification system using facial recognition technology has been deployed globally.
• Stricter Control of P2P Transactions: Binance has tightened control over P2P transactions and marked wallet addresses.
• Collaborate with Local Regulatory Authorities: Binance is actively cooperating with local regulatory authorities in many countries to enforce anti-money laundering (AML) regulations.
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✅ Final Advice
• Always Log In from Legal Countries: Avoid using VPN to access from banned countries.
• Only Use One Personal Account: Do not create multiple accounts to avoid policy violations.
• Use Authorized Bots and APIs: Only use tools verified by Binance.
• Submit Accurate KYC Documents: Ensure personal information and verification documents are accurate and valid.
• Caution in P2P Trading: Use payment methods that match the verified name and avoid suspicious transactions.
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Please adhere to regulations and keep updated with information from official Binance guidelines to protect your account and assets.
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