You lose all access permanently; Binance retains only required regulatory data. Stay up to date with our latest exchange reviews, promotions, how-to guides and educational articles on Bitcoin, cryptocurrency & more. To proceed with disabling a Binance account, scroll down the ‘Security’ page to ‘Devices And Activities’. Then locate ‘Account Activity’ and click on the ‘Disable Account’ icon after the ‘Suspicious Activity’ phrase. Review the requirements for account self-deletion and ensure that you have met all necessary requirements listed, then click Continue to Delete Account.

While these issues are through no fault of Binance itself, users may be restricted by the laws of their government. The process for disabling your account through the Binance app is quite similar to the deletion process. The only difference is that you’ll need to click the ‘Disable Account’ option instead of ‘Delete Account’ at Step 3. Once your Binance account is disabled, you cannot begin the reactivation process until at least two hours have passed.

Is it possible to recover a deleted Binance account?

Once your Binance account is deleted, you will not be able to recover it. As we mentioned earlier, all your information is how to buy luna classic permanently removed from Binance’s system, so you will have to register on the platform again. If the “Delete Account” option does not appear, it might be related to your location or other settings.

Instructions on how to sell Coins on Binance exchange

However, you can still open a new investing in cryptocurrency 2020 Binance account at any time if you choose to do so. After you’ve successfully logged into your account, click on your profile icon in the upper right corner. Afterwards, click “Security” from the list of available options. While this guide follows the process of deleting a Binance account on the mobile app, the process is virtually identical when using the web browser version of the exchange.

Can I recover my deleted Binance account?

Otherwise, you’d be very well served to keep your account on the platform or just disable it instead. Binance will take you to the final screen, showing you any assets you still have in your account. Here you’ll have to tick the “I agree and accept to lose all my assets” button, and finally click the ‘Delete Account’ button at the bottom of the screen.

how to delete binance account

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. Deleting a Binance account permanently is irreversible and should only be considered in extreme circumstances.

Contacting Binance Support is essential for users who encounter issues or require further assistance when deleting their Binance account. While both options can be managed through the appropriate security page or settings, they have different consequences. Your request will be processed by Binance, and your account will be deleted. However, Binance can contact you to submit additional information or documentation vital to the audit process.

  • However, remember that once you delete a Binance account, the company will no longer store your funds or personal information.
  • On the security page, you’ll see a checklist to increase your account security.
  • Whether you think it’s for privacy or security reasons, a change in exchange preference or even stepping away from crypto altogether.
  • Following that, a dialogue will appear asking if you would like a new account to compensate for the deletion of the old one.
  • Therefore, it is impossible to register another account or use the Binance exchange anymore.

While these are some of the most common reasons for deleting a Binance account, it’s important to carefully consider your own circumstances and motivations before taking this step. Deleting your account is a permanent action that cannot be undone, so it’s essential to weigh the pros and cons and explore alternative options before making a decision. Deleting your Binance or Binance.US account permanently is a serious step with irreversible consequences. Always prepare by withdrawing funds, backing up transaction history, and ensuring your account meets the deletion requirements.

I will say the requirements before you can start a delete operation and some other notes to keep in mind. During the process, do not deposit any assets in your account or you might lose them. At the bottom of the page, you’ll see a “Confirm to delete” button. Make sure to read the information on the page while you’re scrolling down. On the other hand, if you want to use the phone that is linked with your account, select the “mobile” tab. If you want to use the email address that is linked with your account, select the “Email” tab.

What are the requirements for account deletion?

Binance, founded in 2017, has quickly risen to become the largest cryptocurrency exchange worldwide in terms of trading volume. The platform offers users access to over 350 digital assets, including major cryptocurrencies like Bitcoin, Ethereum, and its native token, BNB. Instead of permanently deleting your account, you can temporarily disable your Binance account.

how to delete binance account

Once you click on the Delete Account option, you’ll be redirected to the deletion reason page. Select the option that how to buy bitcoin on binance most suits your reasoning for deleting your account. Once you’ve logged into the account on your Binance mobile app, click on the menu icon in the top left corner. When the new screen appears, click the Settings button which is represented by the ‘gear’ icon in the top right. Founded in 2017, Binance was one of the earliest fully functioning cryptocurrency exchanges established.

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. If you have any doubts or concerns, explore alternative options like temporarily disabling your account or enhancing your security measures. Remember, your crypto assets’ safety should always be your top priority when managing your exchange accounts.

  • Select the option which best describes your reason for deleting your account and click Continue.
  • If so, we recommend disabling your account to protect your assets.
  • The trading fees range between 0.00% and 0.60%, making the platform worth considering when looking for a crypto trading platform.
  • Meanwhile, you also speed up the whole process by converting all assets to a stablecoin so that your asset won’t lose value to price volatility.
  • Binance won’t let you proceed with deletion unless your balance is zero.
  • Changing a mobile or cellphone number on Binance is pretty simple, but they hide this feature.

Go to the Security settings

Cryptocurrency is a modern digital asset and method of exchange that relies on blockchain technology and is protected by cryptography, ensuring the assets can’t be forged. Essentially, cryptocurrencies serve as alternatives to traditional currencies like the euro, dollar, yen, and others. Unlike electronic bank money, the key distinction is that cryptocurrency operates in a decentralized system, with no central authority controlling it.

There are security concerns that you have been hacked or more to the fact that your personal information is at risk with sharing too much. Deleting your account completely rather than deactivating it will minimize some of the risks. You may wish to consult the status of funds stored in Your Account first.