Too many people have made seemingly harmless mistakes but paid a high price: accounts being locked, cryptocurrency being frozen, and no second chances. If you are trading or storing assets on Binance, absolutely avoid these 5 serious mistakes. They can cause you to lose complete access and everything you've built.

1. Using VPN from a banned country

Accessing Binance from countries on the restricted list — such as the United States, Iran, North Korea — even unintentionally via VPN can lead to permanent account suspension. Binance currently uses advanced AI technology and sophisticated IP checking systems to detect this behavior.

👉 Advice: Do not use VPN if you are not sure whether the country you are 'displaying' is on the banned list.

2. Having multiple accounts under the same identity/IP

Binance only allows each user to have one account. Creating multiple accounts for the same individual, or operating multiple accounts from the same IP, is a serious violation.

👉 Whether you use it to separate funds, test bots, or play 'safe', it is easy to have your entire account locked.

3. Connecting unlicensed trading bots or APIs

If you are using a bot to automate trading, make sure it is officially approved by Binance. Tools or APIs of unknown origins, no matter how powerful, if not on the approved list, pose a risk of account suspension.

👉 Access the Binance API Marketplace to check bots before use.

4. Submitting fake KYC documents

Using fake documents, buying someone else's identity, or altering information to pass KYC verification is a highly serious violation. Binance has integrated AI to instantly detect KYC fraud.

👉 Once detected, the account will be permanently closed with no chance for appeal.

5. Trading P2P or transferring funds with 'black' wallets

Conducting P2P transactions with an unverified wallet, receiving or sending money from wallets related to mixers, suspected decentralized exchanges, or 'shady' trading behavior can lead to accounts being flagged. Binance is currently closely coordinating with global regulatory agencies and will act swiftly if anything suspicious is detected.

👉 Ensure you only trade with reputable people, use clean wallets, and absolutely avoid unclear platforms.

🔐 Trade Wisely and Comply

Your Binance account is not just a place to store assets — it is also a gateway to a whole world of DeFi, trading, staking, and many other financial opportunities.

Just one small mistake can cost you everything. So: Be cautious — and don’t let yourself become the next victim.