I was excited to have a new, hopefully solid, fiat to crypto gateway.

The exchange has launched over a month ago with promotion for 20 EUR for first users who do KYC. So obviously a lot of people did (including myself).

I got my ID approved after a week or so (meanwhile got the same ID approved in minutes for binance.com account). Address verification got rejected 4 times and approved on 5th try after resubmitting one of the documents that got rejected earlier.

After 3 or 4 weeks of trying to get verified I realize that the exchange is practically dead due to suspended fiat deposits/withdrawals. Binance support says that they have issues with their bank. Why the hell even launch the exchange then?

Ok, so at that point I’m verified and waiting for the bank issue to get resolved.
And suddenly last week I find out that my ID (which has been approved) is now Rejected because apparently I’m underage (I’m 25+).
Couple days later my Address Verification get’s Rejected as well. After writing to support the ID got approved today again. This is madness.

If it wasn’t binance’s exchange I would be 100% sure that this is a scam exchange fishing for user data. Just because it is binance I’m not 100% sure, but something is clearly wrong here.

Is anyone experiencing the same issues?

CZ, what’s going on?

➔ Visit Binance now and start trading


  1. Optimal_Two on 7. March 2019 at 20:21

    Not a scam, have met a number of the Binance Jersey employees in person.


  2. compediting on 7. March 2019 at 20:21

    I’m also interested in this.


  3. mathrio on 7. March 2019 at 20:21

    What a retarded post. I’ve never encountered any problem in the crypto space so far. Not one instance.

    I conclude that anyone experiencing problems in any way is a fucking idiot, yourself included.


  4. Zulunation101 on 7. March 2019 at 20:21

    Newsflash: Chainalysis paid for your KYC, not Binance.