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Decide Whether You Want to Inactivate or Delete Your Binance Account

By November 16, 2021August 26th, 2024Cryptocurrency News

how to delete binance account

Whether to take a break from crypto trading, change to a different exchange or quit the process altogether, Binance makes it easy for users to make their account inactive. Launched in 2017 by Changpeng Zhao, Binance is the largest cryptocurrency exchange by trading volume. The platform is available almost worldwide, with some little limitations. However, it is essential to know that only 153 cryptocurrencies are supported in the US. After you’ve selected “Confirm to delete”, Binance will review your request and your total number of assets. After you’ve selected the “Delete this account” button, you’ll land on the “Delete Account Application” page.

How to Delete Binance Account on Web – Step-by-Step Guide

Founded in 2017, Binance has customers from all over the world and is the largest cryptocurrency exchange. It is the first choice of many individual and institutional investors due to its high transaction volume in both spot and derivatives markets. Per Binance policies, you can only finish Identity Verification for one Binance account, as it may result in the platform stating that the number or email you used already exists.

The bottom line: Make sure to withdraw your funds before deleting the account

When you delete your account, you cannot reaccess it, as your account will be permanently closed. So make sure you don’t have a support ticket open in your account, and your account balance is zero. You must access your security settings to locate the how much does a forex white label cost page where you can disable or delete your Binance account. In certain areas, the terms and conditions of the exchange prevent the company from deleting accounts. In these cases, the support team says that disabling an account will still provide the security and de-identification benefits of deleting an account.

Choose ‘Security’ From the Dropdown Menu

Therefore, make sure you have fully withdrawn your funds and completed the transactions prior to starting the process of disabling or deleting your account. Some users of Binance will find that they are not offered the option to permanently delete their account and instead will only be able to disable it. This can vary by location and can be dependent on the laws and regulations established for your region. If you are unable to delete your account, try contacting Binance’s support team. Before deleting your account on the Binance exchange, ensure you have no balance left on the platform.

You should first look for how to buy livepeer “Account,” which will be in the left part of the screen. You can log in by typing your email, through Google, with your Apple account, or with a QR code. The last option implies having the app installed and using it to scan the QR code. Keep in mind that you should log in with the account you signed up with. So, if you registered with Google, you should use the same method for logging in. Deleting your Binance account from the web browser is not so different from the mobile version.

If you want to delete your Binance account, there are some things you need to take care of before. Get exclusive insights on unlocking and applying your MEXC referral code and generating passive income. In his free time, Lim plays multiple games like Genshin Impact, League of Legends, Counter-Strike, Hearthstone, RuneScape, and many others. He creates guides, walkthroughs, solutions, and more on games that he plays to help other players with their progression.

Binance is one of the world’s top cryptoasset exchanges and the largest by trading volume. Before deleting your Binance account, remember to move your funds to another crypto exchange or to a crypto wallet (hot or cold), depending on further plans. If you have been using Binance on your mobile device, deleting your account could not be simpler, at least in our opinion. The process should not take more than a few minutes, and it does not require extensive crypto knowledge to be completed.

Disabling your account is temporary, and you’ll be able to reactivate it after 2 hours. If you want to use the email address that is linked with your account, select the “Email” tab. To go to the page to delete your Binance account, select “Delete this account”. Disabling your account is temporary, and you’ll be able to reactivate it after two hours. Once you’re logged in to your account, click bitcoin news trader review 2021 on the profile icon on the top navigation bar.

If you decide you would rather delete than deactivate your account, keep in mind that the process is permanent and irreversible. Once you are sure of your decision and have fully withdrawn all your assets from the exchange you can proceed with selecting the “Delete this Account” option. Binance will provide the same prompt as disabling your account, reminding you that all pending withdrawals and open orders for the account will be cancelled. If you decide to disable your account, Binance will prompt you with several reminders. According to the exchange, disabling your account will result in all pending withdrawals being canceled.

how to delete binance account

He has researched, tested, and written thousands of articles ranging from social media platforms to messaging apps. However, deleting your account is a permanent and irreversible process. To find the page to disable or delete your Binance account, you need to go to your security settings. After you’ve clicked on “Confirm to delete” your Binance account will be deleted.

The company has a well-deserved reputation for being user-friendly and reliable, with a wide range of features that make it attractive to both experienced traders and beginners. Like many other financial services, there are two different options a user has when trying to cut ties. If there is any potential for you to return in the future, disabling your account is the best option.

If you don’t want to store your cryptocurrencies on an exchange due to security concerns, then using a cryptocurrency hardware wallet will be the best solution. Check our comparison of Ledger Nano X vs. S Plus to see which cold storage solution might be best for you. For the purposes of this guide, we’re showing how to delete a Binance account using a mobile app. Keep in mind that the process is virtually the same when using the web browser version. Open orders may not be filled when trading on exchanges, and these incomplete orders may not appear in your balance.

How to Delete Your Binance Account

Read about the Pionex exchange and its trading bots features to automate your crypto trading strategies. Then, you can follow the steps we’ve provided above to delete your Binance US account. On the Security Page, scroll to the bottom until you find the “Account Activity” option. This is also applicable to those who want to know how to delete a Binance US account. Once you officially delete your Binance account, there’s no turning back. Therefore, you must carefully decide whether it is a decision you want to take.

  1. If there is an issue, or you do not receive confirmation, contact Binance Support.
  2. Remember that if you are on the website, this will be found under ‘Account Activity’ near the bottom of the page.
  3. During the process, do not deposit any assets in your account or you might lose them.
  4. Maybe you’re not happy with the service, or you’ve found a better exchange.

how to delete binance account

If your account does not have less than or equal to 0.001 BTC, your account’s deletion application will be rejected. Once you click ‘Disable’, it will immediately shut it down, and you will not be able to start the reactivation process for two hours. Once you have entered your username and password, hover or click on the profile icon at the top of the page. Let’s take a closer look at each of these steps to answer any questions you may have. There are other ways, including sending crypto to non-Binance users or using the NFT marketplace to purchase a gift.

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