As a global cryptocurrency exchange, Binance complies with KYC (Know Your Customer) requirements — the “Know Your Customer” policy. This means that the platform must know exactly who its users are and where they reside. During account verification, you generally need to provide proof of residence (Proof of Address, POA).
🔍 What is proof of address (POA):
During account verification, you need to submit a document that contains:
• Your full name and physical address of residence, matching the data in your passport or ID card.
• The date of issue of the document (not older than 3 months) and the name of the issuing organization.
• The original appearance of the document — a scan or photo with complete information.
📄 What documents are suitable:
• Utility bills (for electricity, water, gas, internet, etc.)
• Bank statements or card statements
• Documents from government agencies (e.g., tax notifications)
• Home insurance or mortgage statements
🔁 Change of residence:
If you have moved, it is necessary to update the address in your Binance profile. This can be done through account settings by uploading a new POA document with the current address. This is important for account security and uninterrupted access to services.
🌍 Regulatory restrictions:
Please note: your ability to use Binance depends on your country of residence. Due to regulatory requirements, there are restrictions in some regions. For example:
• In the USA, a separate platform Binance.US operates, but even it is not available in some states.
• In a number of countries, such as Belgium, Canada, and the United Kingdom, Binance has restricted or suspended certain services.
🔐 Summary:
Your “home” on Binance is your verified, official residential address. It determines which services you can use and is a mandatory element of the KYC verification.