Many users in Venezuela come to Binance looking for the same thing: to safeguard their bolívares in USDT so that inflation does not eat them up.
But some, when taking their first steps, encounter an unexpected notice: 'restrictions on your account.' What does that mean? Did they lose their money? The answer is no. Your savings remain safe.
📌 Why do restrictions appear?
1. New account without history
Binance protects users and does not allow newly created accounts to post ads immediately.
First, it's necessary to make some small transactions to demonstrate real activity.
2. Incomplete identity verification (KYC)
If you haven't uploaded your documents and completed the security selfie, Binance will not allow you to freely create P2P offers.
3. Payment methods limited by country
In Venezuela, some banks or payment systems may be restricted. If you try to use an unsupported method, Binance will block the creation of ads.
4. Changes in Binance policies
A few years ago anyone could post, but today the rules are stricter. This aims to curb fraud and provide more confidence in the market.
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✅ What to do to regain the freedom to trade
Complete your KYC verification on Binance.
Make several small transactions as a buyer or seller to gain reputation.
Use reliable and active payment methods (the most accepted in your country).
Keep your account safe: avoid lending your Binance or bank accounts to third parties, as this can lead to restrictions.
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💡 Don’t worry: your savings are safe
The most important thing: even if you see restrictions, your USDT is not lost.
They remain in your Binance Spot or Funding wallet, ready for when you can use them. What changes is the ability to create ads or sell directly, but with patience and meeting the requirements, you will be able to do so again.
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🌱 Conclusion
We were all new once. What seems like a wall today will be an open door tomorrow when you fulfill the steps that Binance requires. The goal remains the same: to protect your efforts and not let inflation devour them.
Your money is safe. Just a little patience, trust, and learning to take each step calmly is needed.