binance unable to process payment to protect your account binance unable to process payment to protect your account

Its author added that while they cant take any funds out of the exchange, they can still put funds into it and make trades. To set up or manage your anti-phishing code, visit the Binance Security page and navigate the ' Advanced Security ' section. We accept that the method is simple but not that simple: you earn the verified badge by uploading documents and details. Got a problem? Did they fix it for you ? In the basic level verification, you need to enter your basic information like nationality, first, middle & last name, date of birth, street address, postal code, and city. How to find an exchange where a coin trades and has the most volume? As with users who made the switch last year, these users were required to open a Binance.US account to transfer their funds; they were not allowed to simply withdraw them to an external wallet. Still life; Commercial; Food; Proyectos; Retratos; how to decrease in crochet amigurumi Tips welcome! Take Gregory Hitchens, for example. Click on it. , this proactive lock prevented bad actors from stealing a users entire altcoin portfolio. Hope it help! Alternatively, click [Verify] or [Get verified] from the homepage banners. Exchange Blockchain and crypto asset exchange Academy Blockchain and crypto education Learn & Earn Earn free crypto through learning Charity Enter your credit card details. The best thing to do is to get in touch with our customer service team to get more information on the lock and to work on the appropriate steps to unlock your account. Its just a temporary withdrawal ban on your account and you need to submit withdrawal reject appeal form to unlock the withdrawal feature. Everything here looks very good. Hitchens was able to retrieve his cash, but a dozen or so Binance.US users who spoke with CoinDesk still have their coins stuck in limbo. Your account is locked at the request of a Law Enforcement Agency (Police). CPU, AMD and NVIDIA miner, Transaction Hash ID (TXID) What is it & how to find the transaction ID, How to mine Conflux (CFX) with NVIDIA GPUs? Google Authenticator How to setup 2FA for Cryptocurrency exchanges. Thanks for contributing an answer to Stack Overflow! I have the same problem and Binance US does not support my state. Most of the folks consider uploading the government-issued identity card instead of the drivers license and passport. Click on [Withdraw]. The system will take around 1-2 working days. But new rules do come up, especially given the ever changing geopolitical environment. However, there are strict rules in place in jurisdictions across the globe that must be followed by both crypto exchanges and law enforcement before a user account can be frozen. If your account is not verified yet, you will be prompted to start the KYC process. One particular tool that law enforcement frequently employs is the temporary locking of accounts that, for a number of reasons, are flagged as potentially operating outside our Terms of Use. If our system detects that your account may have been compromised, we will temporarily lock your account to ensure the safety of your funds. Withdrawal Failed: Hello, Your account may be at risk. Step 2. You may be missing a document for KYC or AML purposes. Your account will be locked if you fail to do so. When that bubble popped I kinda bought and forgot about the coins, but checked in every so often to see how [the account] was doing, one user, Dave Sweet, told CoinDesk. - I was asked to hold on for at most a week. We are crypto enthusiasts and our main intention with Coin Guides is to educate people about Cryptocurrency and Blockchain technology. Remember, Binance wants you to complete the facial verification in less than 15 minutes. This friends account has since been flagged and is no longer usable. A quick glance at the replies in this tweet from Binance.US Customer Support shows how many others are piling into the boat. Once I completed my identification, how long do I have to wait for the security badge? While the company has no offices in the UK, it uses a series of payment processors to route fiat money from its customers to its platform. Your selfie will prove your identity. Press J to jump to the feed. Binance "unable to process" my payment Earlier today I tried to purchase BTC on my Binance account (as I have done many times before) and I'm getting an error saying "There was a problem processing this payment. READ COMMENTS!! Site design / logo 2023 Stack Exchange Inc; user contributions licensed under CC BY-SA. She said she was asked to provide more than 15 videos as evidence of her funds provenance, some of which were impossible to upload because the video files ended up being larger than Binance could accept. Instead encourage US users to sign up on Binance.US exchange. Crypto-game is one of the hottest trends these days. Click Enable to the right of Binance/Google Authenticator. In one particular .css-1sey3nz{box-sizing:border-box;margin:0;min-width:0;color:#C99400;-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}.css-1sey3nz *,.css-1sey3nz * > *{color:#C99400;}.css-1sey3nz:hover,.css-1sey3nz *:hover{color:#F0B90B;}.css-1sey3nz:focus,.css-1sey3nz *:focus{color:#C99400;}incident, this proactive lock prevented bad actors from stealing a users entire altcoin portfolio. Firstly, you'll need to head over to the Binance homepage and click [ Register ]. Learn how to start your first trade here on Binance. The verification process on the Binance platform prompts you to upload documents that prove your address. In some extreme conditions there are some exchanges that will freeze your withdrawals or even restrict service completely during any day of the week for any reason. If you havent passed through any level, start with the primary level. Please try again or use a different payment method.. We recognize that you are trying to access Binance from a US IP Address, please note that per our Terms of Use we are unable to to server any users from a US IP. We will continue to implement measures that protect our users from bad actors and build out our investigative and threat assessment capabilities. I wasn't even making a large purchase, I was only going to spend 15 while it's my first time. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Why is the appeal taking that long. Download the Google Authenticator app to your PC or mobile phone. Binance Pay is a crypto payments service offered to all Binance users. Press question mark to learn the rest of the keyboard shortcuts. Your funds may be associated with a hack, scam, or rug pull that happened in the DeFi space. Click on it. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Much like Hitchens contact with Coley via her mother, this outreach resolved the issue instantly. If payment has been deducted for failed transactions, your payment amount will be returned to your card. 5. Check this page using your browser, Binance API - Account has insufficient balance for requested action, https://binance.com/en/my/wallet/account/main, https://dev.binance.vision/t/account-has-insufficient-balance-for-requested-action/2718/6, How Intuit democratizes AI development across teams through reusability. For this, Binance wants every single account on its platform to be verified. Thats because getting hold of actual Binance representatives is more difficult than not. Log in to your Binance account. Are you telling me that I should trade in EUR and buy, Nope. We take these requests very seriously and have previously worked together to thwart the efforts of international cybercrime organizations. Coming to the point, how do you verify your identity? If we detect that you have violated our Terms of Use, we may lock your account for a period of time or until the issue has been resolved. according to a person familiar with the matter. This will cause the "Account has insufficient balance for requested action" error. As early as January 2019, our systems were even able to detect when users were SIM swapped and had their password stolen, and could proactively restrict the affected account, preventing hackers from withdrawing the assets. Also like Coley: Yew is no longer with the company, having departed in April. If the issue is still, then verify by uploading your selfie. Binance uses ZenDesk to manage its customer support, but Mallory couldnt even get in touch with a Binance rep on this platform, instead speaking with a ZenDesk employee. However, some regions do not support message code verification. Two of the most common ways this is done is via P2P as well as fiat direct deposits. Follow the on-screen instructions to verify the payment. If your essential information is complete, you can direct it to the intermediate level. Anybody can hack your account, alter your bank statement & your details. Binance, like banks and any other traditional financial institution you interact with on a daily basis, must abide by local, state, and federal laws in order to remain compliant and to foster a safe trading environment for our users. Recently I tried logging back in and received a message that said that binance.com was now separate from binance.us and that I had, like, 20 days to create a Binance.us account or that my account would be deleted. However, it can also be due to a mistake on Binance's end. Making statements based on opinion; back them up with references or personal experience. 1. There are many possibilities here, but some of the more common ones include submitting a fake document, abusive behavior, and showing signs of being a hacker. In order to utilize the Lightning Network to make payments, users will need to hold BTC in the Xapo Bank App, which will allow them to scan and pay an invoice at any merchant that accepts LN payments. I deposited 400, which translated to 450$~. Get in touch with our 24/7 Customer Support. Not the answer you're looking for? So, in this case, try and use the correct rounding decimal places or try to SELL 0.0078 worth of BTC. 3MzDvaybWDVCzVZ7taJrRnw5f6FhGu6FB5, ETH Address: By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. After solving your issue, verify your identity verification by attaching the document. Click the profile icon at the top right. . By clicking Post Your Answer, you agree to our terms of service, privacy policy and cookie policy. Binance app says it can't process my payment to protect me, does anyone know why this is? Learn how to earn passive income on Binance with your idle assets. To send crypto, all you'll need is someone's email, mobile number, or payment ID. This means that your bank card does not support this type of transaction. A key part of this relationship involves our compliance and security teams investigating accounts and wallets flagged by law enforcement as being involved in potential criminal activity. Here you can choose to buy crypto with different fiat currencies. Here in this article, we have mentioned the complete identity verification process. Binance declined an interview with CoinDesk to discuss these issues, but the CEO issued a statement that chalked the problem up to compliance issues and anti-money laundering risk factors. Our customer service team will then work with affected users to ensure that they are aware of this situation and offer assistance. Without the KYC, you may still deposit tokens to your account. What digital assets does Binance offer to the consumers? A year ago, I've created an account in which I haven't done any movement there since these couple of weeks ago. We publish latest crypto news, coin mining guides, wallet setups, reviews, token guides, trading tips, online security and various other aspects of cryptocurrencies. Most if not all the cases CoinDesk reviewed were flagged for risk control, even for those where the coin purchases were made on Binance itselfand for users who were fully verified. I fixed it by logging into my bank account, going to credit card settings, and into the "regional" settings (may be called international orders or something else in other countries) Hello, I downloaded Binance today and tried to buy DOGE for $40. For users that are affected by these restrictions, we will give notice in advance to allow them to take any necessary action. You have 7 days to close all your active positions (both futures and spot) on your account and withdraw all your funds. When you try to withdraw funds from your account youll receive an email similar to this. Chinese Crypto Traders Are Pouncing on SHIB Coin Known as Doge Killer, Digital Currency Group Invests in South Korean Crypto Exchange, Dfinity’s ICP Token Sees Extreme Price Volatility Amid Bevy of Exchange Listings, Thiel, Novogratz Back $10B Funding for Block.ones New Crypto Exchange Subsidiary, Stay Informed: Jerome Powells Policy Report & Important Economic Data, What cautious spending means for the US economy: YF Explains, 3 top tips for investors trying to weather the current economic storm: Strategist, UPDATE 1-UK says Ukraine forces under increasingly severe pressure defending Bakhmut, Ukraine Latest: Russian Defense Chief Makes Rare Visit to Troops. You have to pass through a step-by-step manner. We do our best to highlight this obligation clearly in our Terms of Use, as well as throughout our ecosystem. It's not uncommon for exchanges to have downtime. There are two scenarios in which users accounts are getting locked out by Binance. The names of all clients cited in this article have been replaced by pseudonyms to protect their privacy. 2. Learn how to earn passive income on Binance with your idle assets. Account verification helps us to access the activity of our consumers, keeping fraud aside, and most importantly, improving the security system of Binance. Most of the time, you simply wont be able to sign up, or pass KYC. Update app and this will allow you to log in as normal. Please click the link below to submit a withdrawal appeal to remove the withdrawal ban on your account(s): https://www.binance.com/en/my/risk/withdrawal-reject-appeal. 4. 3. If not, then enable the Google Auth verification to receive the code. 56 1 134 Related Topics Binance Crypto 134 comments Best Add a Comment symbiotic_bnb 2 yr. ago There was a problem processing your payment. Lhu6NK2VKuc8JdrXZUPBzfJYBEWKk9okkm. Coin Guides is a fast-growing cryptocurrency publication that helps users to understand the Blockchain Technology and Crypto Currency. We regularly publish content about Bitcoin, Ethereum, Altcoins, wallet guides, mining tutorials and trading tips. 8h. As part of our commitment to creating the safest, most compliant crypto exchange in the world, Binance works closely with global law enforcement and regulatory agencies. To fix the issue, try the following: Go to the Payments center. Another former Binance.US client claims that a $59,000 BNB deposit, which had been verified it was sent to the correct address, was never credited to their account. After verifying, we confirm and allow the verified users to trade as much as they want. If we have strong reason to believe that you are a hacker or have malicious intentions, we may involve law enforcement and may not be able to disclose the reasons to you right away. We know this can be very annoying to you, but it is necessary to keep your funds safe. But some users, depending on how much KYC information they submitted when signing up during the last bull market, still went unnoticed for some time and were only recently hit with after-the-fact, shotgun KYC. Once installed, open the app and click "Register". I was also asked to make a bank transfer appeal by customer support, I did this and I got an email response saying the appeal was rejected due to risk control.'. The difference between the phonemes /p/ and /b/ in Japanese. 2. Sadly, we dont always get this right. You have USD instead of USDT on your spot wallet, or you have 400 USDT on the p2p wallet insead of spot. I have already opened a ticket, but they haven't answered yet. While trying to place an order, I'm receiving the following error: Code: -2010 Account has insufficient balance for requested action. Abnormal activities can imply anything such as: Logging in using different computers, mobile apps or accessing your account from different IPs in the same day etc. Binance will take around 7-10 working days to review the document for advanced verification. In most cases, our customer service team will let you know the particular action that has caused this violation of our Terms of Use so that you can take action. Face verification might sound perplexing, but you can complete it in a few seconds if you follow the guideline keenly. Scroll down to the bottom of your dashboard (home page) and find the 'Disable Account' widget. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. A sign-in window will be opened, where you will need to enter your Email address or Phone and click on " Next ". It is one of the common issues during identity verification. I have seen this error before but normally it is fixed by it's own in a few minutes or only happens when choosing 1 bank but when I choose my other bank to do a IDEAL deposit it works, but now nothing seems to work. Check this page using your browser https://binance.com/en/my/wallet/account/main and find what currency do you have now. I am quite desperate already and I don't wanna use any other exchange tbh. Your email address will not be published. Recently Binance the worlds largest cryptocurrency exchange have frozen many accounts of users around the globe for unconventional reasons. Download and open the Binance app on your device. Now open the Authy app to get the Binance 2FA security code. Further, some law enforcement (LE) requests allow us to disclose to the user the nature of the investigation and even direct the user to contact the relevant authorities themselves. As a centralized exchange, Binance offers a variety of methods for fiat-holding traders to interact with the Binance ecosystem. I have gotten basically no help in solving the issue, these funds are mine to withdraw by legal right and if this problem persists I will be forced to take legal action, which would be a waste of time and money for everyone involved, the complaint reads. Binance floats new update against crypto scam, B2BinPay and Athletic Club Strike Sponsorship Deal, Fantom (FTM) and Avalanche (AVAX) Remain Popular, While Orbeon Protocol (ORBN) Explodes By 1988% During Presale. Your account may be at risk. When he opened his Binance US account last year, he thought he was doing the responsible thing by moving his funds off Binances original exchange to deposit them onto the Uncle Sam-approved counterpart, as he was prompted when Binance began sweeping U.S. users off its main exchange in 2020. Binance supports more than 60 fiat currencies and multiple different payment methods. 6. 1. Once you've logged into the site, navigate to the upper-right corner of your screen. The tweet was first posted a year ago. quoteOrderQty must reference to the amount of symbol you want to buy. In our interaction with affected users, this is the preferred way, but oftentimes, the authorities will ask us not to share the nature of the request with the affected user. If there's a system upgrade, withdrawals will be temporarily suspended. Am having the same issue, Credit cards are banned from buying crypto https://www.reuters.com/article/us-lloyds-bank-uk-bitcoin-idUSKBN1FO0UL, I wonder if that has something to do with not fully Verifying your Binance account aka picture and all. Peer-to-peer (P2P) exchanges allow sellers the freedom to define how they want to be paid. I had a problem making a Nintendo purchase with my card the other week and when I used my PayPal it worked perfectly, thinking maybe if I had the choice of PayPal here it would be helpful :). Return to the Binance app and enter the code you received from Authy. BTC Address: 2. 2. For the vast majority of users, this is a safe, seamless process that gives any authorized trader the full Binance experience. Input your email address for account recovery in case you forget your password, and click "Continue". Basically youll be asked to verify your identity that is complete KYC / AML verification in order to resume your account withdrawal function. Its not uncommon for exchanges to have downtime or freeze withdrawals at times of hot market activity. In fact, Mallory had to use ZenDesk, a third-party help desk, to try to resolve his problem when emailing failed. We work hard to minimize that as much as possible, and our teams work directly with affected users to, hopefully, fix these issues. Only keep your coins on the exchanges if you are an active trader. Binance Can't Keep Its Story Straight on Misplaced $1.8B USDC . Nationwide don't allow purchases to Binance. However, this message is fake and the phone number provided is actually a tech support scam. Coin Guides Copyright 2023, All Rights Reserved. One particular tool that law enforcement frequently employs is the temporary locking of accounts that, for a number of reasons, are flagged as potentially flouting our Terms of Use. A place where magic is studied and practiced? Intermediate level verified traders trade $50,000 daily, $500K monthly, and withdraw funds up to100 BTC daily. Now I expect to trade in USD, since I always look at the prices of the coins in $ and not . Create an account to follow your favorite communities and start taking part in conversations. Also, will binance ever add PayPal as a way to buy crypto with fiat? Now you have to provide such documents that give proof of your address. Follow the step-by-step manner to verify your Binance account. 2. This is an automated message, please do not reply. Our top priority is user security. Cuz my CC isnt going through either. Now, you'll see up to 5 different crypto buying options - bank deposits, credit-debit cards, P2P trading, cash balance, and third-party payments. Need some help please. Learn how to register, secure, and verify your Binance account. Service Suspended for users from restricted countries. Please try a card from a different issuing country if you have one. See how to buy, sell and transfer crypto to and from your account. Please withdraw as soon, failing which your account will be locked and cant withdraw anymore. That is the step-by-step complete identity verification process. Besides, the trading model is crypto-to-crypto. Open your Binance account and click on "Security" from the icon dropdown menu. How can we prove that the supernatural or paranormal doesn't exist? Sweet transferred the funds to this friends account, who then sent them to a wallet Sweet controls. Is it correct to use "the" before "materials used in making buildings are"? Summers is compiling a document of complaints from other customers who are experiencing similar difficulties. One such case was our work against Lazarus, responsible for the Ronin hack, where we were instrumental in recovering $5.8 million that had been taken from users. But this time make sure you are not using any VPN when accessing Binance. Staging Ground Beta 1 Recap, and Reviewers needed for Beta 2, Api says insufficient balance while I have more than enough, How to place a futures market order using python-binance: APIError(code=-1111): Precision is over the maximum defined for this asset, Binance Api [buy limit] it says that I have no funds to make the purchase but in fact there are, Binance python api query for global account balance, Binance API Error(code=-2010) Account has insufficient balance for requested action. Everything here looks very good. All those cryptos I am holding have come from other accounts that I did not have verified. Binance does not take the assets seized during these proceedings, but instead hands them over to the relevant authorities in response to a court order or a seizure warrant. Moreover the wallet is open source and community driven.