I'm trying to understand why Binance is asking for my address. Is it for verification purposes or something else? I'm concerned about privacy and security.
7
answers
Maria
Thu Feb 06 2025
For Binance Card users in the EEA countries, Proof of Address verification is mandatory.
VoyagerSoul
Thu Feb 06 2025
This requirement stems from the regulations imposed by the card-issuing partner.
BusanBeautyBlooming
Thu Feb 06 2025
Compliance with these regulations ensures that Binance Card operates legally within the specified region.
alexander_jackson_athlete
Thu Feb 06 2025
Providing Proof of Address is a crucial step for certain users on Binance Card.
RobertJohnson
Thu Feb 06 2025
In addition to legal compliance, Proof of Address verification serves another purpose.