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Once this is done correctly, the account will be disabled by the Binance exchange. It will take at least two hours before the account is deactivated. If you want to reuse the account, then you will need to contact the Binance Support team to reactivate the account. However, reactivation is only possible after at least two hours have elapsed. Here are the quick steps on how to delete a Binance account in less than 10 minutes.

Remember, your crypto assets’ safety should always be your top priority when managing your exchange accounts. Permanently deleting your Binance account is a straightforward process that can be completed through either the mobile app or how to day trade cryptocurrency web platform. Please note that in some cases, the option to delete your account may not be visible due to location restrictions or other account-specific factors.

Implications of Removing Your Phone Number

You‘ll receive a final email confirmation upon successful account deletion. If you‘ve been accessing your Binance account via API for trading bots or portfolio tracking sites, now is the time to revoke those keys. Without further ado, let‘s dig into the nuts and bolts of permanently deleting your Binance account. This comprehensive, 2600+ word guide provides everything you need to know to successfully delete your Binance account like a pro.

Binance is the world’s biggest cryptocurrency exchange, with customers all across the world. For many, it is the first choice due to it’s large transaction volume in both the spot and derivatives market. CoinCodex tracks 40,000+ cryptocurrencies on 300+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.

Reasons for Deleting Your Binance Account

If you’re new to Binance, it’s easy to register Binance account in just a few simple steps. What if you end up regretting your decision withdraw from crypto trading? Binance makes it straightforward to open a new account, even post-deletion. Without guaranteed data erasure, continue checking your credit reports and financial statements for unusual activity the next couple years. Now let‘s tackle the sensitive issue of personal data retention after account termination.

We recognized that it was difficult to set an exact target price for many cryptocurrencies as their prices fluctuate frequently. Once initiating account deletion, understand that remnants of your personal data may continue residing in system backups and archives indefinitely. Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started Hedge With Crypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world. Select any of the top two options and click on the ‘Continue’ button.

The bottom line: Withdraw your funds before deleting the account

Compared to other popular cryptocurrency exchanges, the fees charged by Binance are significantly lower. The trading fees range between 0.00% and 0.60%, making the how to buy binance platform worth considering when looking for a crypto trading platform. Deleting and removing your Binance account is permanent and irreversible. As mentioned above, you can always disable your account instead of going through and deleting it. It’s down to the individual, and there are plenty of platforms looking for your business, but it’s always worth having a backup exchange. After you’ve successfully logged into your account, click on your profile icon in the upper right corner.

Head to security

This article explains how to delete your account using either the Binance.US mobile app or web. However, deleting your account is a permanent and irreversible process. After you’ve clicked on “Disable account”, you’ll be given a couple of options.

I’m concerned that some users cannot delete their accounts and personal information. Hopefully, Binance how to buy linda coin will address this and provide customers with further information on why they have chosen to remove this feature. If you use the Binance Exchange app on your mobile, you can delete your Binance account on either Android or iOS devices.

  • As you can see in the screen shot shown bellow, there are three reasons you can choose from.
  • Fill in either a verified email address or mobile number and the account’s password.
  • All information on the website is for informational purposes only and is not investment advice.

Why Would You Want to Remove Your Phone Number?

Once you’re logged in to your account, click on the profile icon on the top navigation bar. Deleting your Binance account is permanent, and you will lose all your data. This includes your order history, open orders, referred friends and security information. The most common reason is having a non-zero account balance, either due to remaining funds or outstanding fees. Ensure that all balances are zero before attempting to delete your account.

  • Make sure to disable two-factor authentication (2FA) as it could disrupt the deletion process.
  • Please note that in some cases, the option to delete your account may not be visible due to location restrictions or other account-specific factors.
  • – Please read the instructions on the screen before deactivating your Binance account, as this process is irreversible.
  • Disabling your account is temporary, and you’ll be able to reactivate it after two hours.
  • As we mentioned earlier, all your information is permanently removed from Binance’s system, so you will have to register on the platform again.

You can easily delete a Binance account by tapping on the profile icon and selecting ‘Security’ from the options. From there, proceed to ‘Manage Account,’ select ‘Delete Account,’ then click on ‘OK’ to erase the account activity on the exchange permanently. In recent years, cryptocurrency exchanges have seen a massive uptick in user registrations as people look to invest and trade digital currencies. Binance, the largest cryptocurrency exchange in the world, has also garnered significant attention for its extensive range of features, security, and user-friendly interface. However, as most users will attest, managing your account settings—such as personal information including phone numbers—can be somewhat challenging. As seasoned crypto experts, we understand there are various reasons why you might want to close your account with the world’s largest cryptocurrency exchange.

How to Disable My Binance Account?

There have been some negative articles in the UK regarding banks such as Barclays and Santander banning deposits and withdrawals from Binance. This has scared a few of their customers, making them want to close their accounts altogether. It’s too early to say if this is the beginning of a trend, but regulation is coming, whether we like it or not, and they will be coming for the biggest exchanges. So, I will show you how to close or disable a Binance account. I don’t know the whole reasoning behind this, and hopefully, it will be addressed as they are receiving some pressure from the FCA. Although I like the Binance exchange and use it to buy crypto, I find this a little concerning.

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