1. Using Multiple Accounts

Why it's a problem: Binance allows only one account per person. Creating or operating multiple accounts to exploit promotions, bypass limits, or manipulate markets violates their terms.

  • Risk: Immediate suspension or permanent ban.

    2. KYC (Know Your Customer) Violations

  • Why it's a problem: Submitting fake documents, using someone else's identity, or refusing to complete identity verification can trigger account restrictions.

  • Risk: Account lock during verification or permanent ban for fraudulent activity.

    3. Accessing from Restricted Jurisdictions (e.g., U.S. or Sanctioned Countries)

  • Why it's a problem: Binance restricts access from certain countries due to regulatory reasons. Using a VPN or providing false location data to bypass this is a serious violation.

  • Risk: IP detection or document verification can lead to suspension.

    4. Suspicious or Fraudulent Transactions

  • Why it's a problem: Engaging in illegal activities (money laundering, scams, dark web transactions) or receiving funds from blacklisted wallets may trigger security protocols.

  • Risk: Account freeze and investigation. If flagged, Binance may ban the account without appeal.

    5. Market Manipulation or Abuse

  • Why it's a problem: Activities like wash trading, pump-and-dump schemes, or using bots to manipulate prices are strictly forbidden.

  • Risk: If detected, Binance may impose a ban and report the activity to regulators.

  • Bonus Tip:

Always enable 2FA (Two-Factor Authentication) and avoid sharing your login credentials to protect your account. Binance is very strict on both security and compliance, so even seemingly small violations can lead to permanent consequences.

Let me know if you want advice on how to avoid these pitfalls or how to recover a frozen account.