Can I use Binance without KYC?

Hey Fam advice needed, can I use Binance without completing the KYC verification process? What options are there on Binance for trading cryptocurrency without having to go through KYC processes?

Any knowledge or advice on handling this aspect would be much valued!

Creating a Binance account without completing KYC verification is possible, but it comes with significant limitations. Without KYC, you won’t be able to buy, sell, or trade cryptocurrencies on the platform, among other restrictions.

You can utilize Binance with a limited account known as Binance Lite Verification or KYC Level 1, without completing full KYC verification. Here’s what you can do with a Binance Lite account:

  • Buy and sell cryptocurrencies.
  • Deposit cryptocurrencies.

However, there are some limitations to be aware of:

  • Lower withdrawal limits.
  • Inability to access certain features such as P2P trading or fiat deposits.
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No, you can make a Binance account without going through Know Your Customer (KYC), but you won’t be able to use most of the site’s services, like buying, selling, or trading crypto.