Cryptocurrency Q&A Why does Binance need my address?

Why does Binance need my address?

DigitalCoinDreamer DigitalCoinDreamer Tue Feb 04 2025 | 7 answers 1427
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. Why does Binance need my address?

7 answers

Maria Maria Thu Feb 06 2025
For Binance Card users in the EEA countries, Proof of Address verification is mandatory.

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VoyagerSoul VoyagerSoul Thu Feb 06 2025
This requirement stems from the regulations imposed by the card-issuing partner.

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BusanBeautyBlooming BusanBeautyBlooming Thu Feb 06 2025
Compliance with these regulations ensures that Binance Card operates legally within the specified region.

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alexander_jackson_athlete alexander_jackson_athlete Thu Feb 06 2025
Providing Proof of Address is a crucial step for certain users on Binance Card.

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RobertJohnson RobertJohnson Thu Feb 06 2025
In addition to legal compliance, Proof of Address verification serves another purpose.

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