Binance – How to Delete an Account

With extensive experience as an electrical/software/coding engineer along with having a diverse financial background, Thomas Wettermann’s areas of interest include Machine Learning (ML), artificial intelligence (AI), and Financial Technology (FinTech). For the past few years, Thomas Wettermann has focused on the underlying technologies that support and promote all phases of cryptocurrency, Web 3.0, and metaverse ecosystems.

Binance Logo (Source: Binance Twitter)

Founded in 2017, Binance is now the world’s largest cryptocurrency exchange when one considers trading volume. Indeed, Binance’s trading volume is more than three times larger than its nearest crypto exchange competitor Coinbase Exchange.

In 2019, Binance stated that it was “unable to provide services to any U.S. person" and that it would partner with a U.S. company called Binance.US.

US-based investors trying to access the Binance.com website are now provided the following warning: “Binance is unable to provide services to U.S. users. Binance.US (BAM Trading Services) is a US-regulated cryptocurrency trading platform.”

Binance.US Logo (source: Binance.US)

Binance.US is an online service that offers US-based investors the opportunity to buy, sell, and store cryptocurrencies. In just three years, Binance.US has already become the tenth largest cryptocurrency exchange when one considers trading volume.

How to Delete a Binance Account?

There are five basic steps that you need to follow to delete your Binance account. However, before you go through these steps, you should confirm that your account is depleted of all funds. If your account contains any funds, Binance may not allow you to delete your account.

Step 1. Login to Binance Exchange

First, go to the Binance website where you will need to log into your user account. Once you have accessed your account, view the top navigation bar and select the Account or the Profile Icon.

Binance Homepage (source: Binance.com)

Step 2. Go to Security

Under the Account or Profile Icon navigate down and click Security.

Binance Profile (source: Binance.com)

Step 3. Disable Account

You should now be viewing the Security page.

Binance Security Page (source: Binance.com)

While on the Security page, you will see a checklist to increase your account security. Scroll to the bottom right-hand portion of this page under the heading Account Activity. Under the Account Activity section, you will see a link Suspicious Account Activity? To the right of this link, you will see an active link entitled Disable account. Click this link.

Step 4. Close Your Binance Account

You will now be provided with two options: Disable this Account or Delete this Account. Go ahead and click Delete this account.

Binance Delete Account (source: Binance.com)

Step 5. Delete Binance Account Application

You will then be provided the following screen where you will need to enter your email address or your mobile phone number that is associated with the account that you want to delete.

Click the Confirm to delete link to finalize this process.

Your deletion request will be reviewed, and in certain cases, Binance may request additional information.

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Thomas Wettermann is not an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as a general market commentary of Thomas Wettermann and does not constitute investment advice.

Thomas Wettermann will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

Trading digital financial assets such as cryptocurrencies can carry a high level of risk, and may not be suitable for all investors. Before deciding to invest, purchase, and/or trade cryptocurrency you should carefully consider your investment objectives, level of experience, adversity to risk, and volatilities. You may possibly sustain a loss of some or all of your initial investment; therefore, you should not invest money you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from a qualified and independent financial advisor.

All the views expressed on this site are those of Thomas Wettermann and do not represent the opinions of any entity with which Thomas Wettermann has been, is currently, or will be affiliated.