Be sure to continue reading for recommended security steps to take post-account deletion. Similar to the previous sections, tap on the ‘Security’ icon on the left-hand side of the screen beneath the ‘Dashboard’ button. This will take the user to the ‘Security’ page which will give the option to temporarily close a Binance account. Binance does not allow you to delete their account on the desktop version outrightly. Instead, it allows investors to disable it temporarily (permanently deleting is available using the app, refer to instructions in the next section).

How To Delete Your Binance Account – Step by Step Guide

It’s down to the individual, and there are plenty of platforms looking for your business, but it’s always worth having a backup exchange. If you continue to trade on another cryptocurrency exchange other than Binance, we recommend KuCoin. It is among the best crypto exchanges and allows the trading of many major cryptocurrencies as well as newly listed altcoins. Learn how to permanently delete your Binance account step-by-step, including account security tips, disabling options, and deleting Binance US accounts safely.

Under the “Account Activity” option, you’ll see your last login activity. Under the page, you’ll see several options like 2FA (2 factor authentication), Device Management, Login Password, and more. After you’ve clicked on “Security”, you’ll land on the security page.

  • This may be labeled as “delete account,” “close account,” or a similar term.
  • However, for various reasons, some users may decide that they no longer want to use their Binance account and may want to delete it.
  • Lim How Wei is the founder of followchain.org, with 9+ years of experience in Social Media Marketing and 5+ years of experience as an active investor in stocks and cryptocurrencies.
  • Before you can delete your Binance account, you will need to sign in to your account using your username and password.
  • Whatever your reasons, deleting your Binance account is an option that’s available to you.

This New Crypto Presale Might Finally Make XRP and XLM Obsolete: Here’s How

It is one of the best crypto exchanges, allowing you to trade many major cryptocurrencies as well as newly listed altcoins. Make sure you have no balance left on the platform before deleting your account on the Binance exchange. It is also recommended to cancel any pending transactions and to make how to buy bitcoin diamond sure your open orders are closed.

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. If you want to continue trading them, it is best to move them to another exchange or a software crypto wallet. Nonetheless, if you plan on holding your crypto for longer, you may want to consider moving it to a hardware wallet. Besides, Binance paused part of its activity in the United States in October 2023 in response to the SEC’s lawsuit, which was filed on June 5, 2023.

How to Deactivate Binance Account Temporarily

You‘ll receive a final email confirmation upon successful account deletion. Follow along carefully, as once your account enters the scheduled deletion process there is absolutely no way to reverse it. Without further ado, let‘s dig into the nuts and bolts of permanently deleting your Binance account. Read on as we transition from analyzing Binance‘s background to a step-by-step account deletion walkthrough.

A Complete Guide to Bitquery: The Ultimate Blockchain Data API

This means that you owe some argo blockchain plc sees mining revenue rise in may despite bitcoin halving assets to Binance, probably from a fee you have not paid. To be able to delete your Binance account, you should just add some crypto to your account to pay the fee. However, remember that if you still have crypto in your account, Binance might not let you know that you have to withdraw it first.

  • Ensure the requirements are met, check the confirmation box, then scroll down and tap Continue.
  • After you’ve entered the email address or phone number that is linked with your account, scroll down to the bottom of the page.
  • If you’re surfing the world of cryptocurrency and you are wondering how to delete Binance account, you ain’t alone.
  • Click on the account settings option to access your account settings.
  • Make sure that your 2FA app (such as Google Authenticator) is functional.

Deleting your Binance account is safe and secure if you follow the correct steps. Binance uses encryption and strict security protocols to protect user data throughout the process. Disabling your Binance account is a temporary suspension of your account. When you disable your account, your access to Binance services is blocked, but the account data remains saved on Binance’s servers. You can reactivate it later by contacting Binance support how to buy livepeer or by following certain procedures. Users can easily head to the Binance Support website or use the online chat option available on the exchange.

Make sure to use a secure internet connection and verify that you are on the official Binance website to avoid phishing scams or unauthorized access to your account. But depending on your account activity or country-specific regulations, it could take up to 30 days to complete. If you’re required to report taxes or need proof of the earnings then make sure to export your transaction history. So, if you’re not 100% sure  that you’re ready to leave Binance forever, disabling it might be a safer temporary option. You can check this, as the commission amount will appear once you enter the code when signing up.

Users can either delete or disable their Binance account by following the steps mentioned above. The choice to delete Binance account permanently should be made with full awareness of the consequences. The process of how to delete Binance account or temporarily disable it is something that users must approach with caution. On top of this, Binance charges meager fees on all transactions.

He has researched, tested, and written thousands of articles ranging from social media platforms to messaging apps. 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. Deleting your account is a permanent and irreversible process. After you’ve clicked on the profile icon on the top navigation bar, a menu will open. If you previously set up two-factor authentication or multifactor authentication (2FA/MFA), you‘ll need to disable it prior to deleting your account.

Read the warning regarding the deletion of your account data and the retention of certain information for regulatory reasons. You can also tap the yellow here link at the end of the paragraph for a more detailed overview of our terms. Whether you need to know how to disable your Binance account temporarily or how to deal with certain documents post-deletion, the FAQ section is an invaluable resource. Contacting Binance Support is essential for users who encounter issues or require further assistance when deleting their Binance account.

Additionally, deleting your Binance account may have tax implications, depending on your jurisdiction and the applicable tax laws. If you have generated profits or losses on your Binance account, you may need to report this information to the relevant tax authorities before deleting your account. It’s advisable to consult with a tax professional or financial advisor to ensure that you are compliant with all tax regulations before taking this step. If you’ve gone through the steps for how to delete Binance account permanently, you cannot reopen the same account again.