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Questions tagged [sharing id]

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DreamlitGlory DreamlitGlory Sat Apr 05 2025 | 7 answers 989

Is it safe to share ID with Binance?

I'm considering sharing my ID with Binance, but I'm not sure if it's safe. I want to know if there are any risks involved in sharing personal identification documents with this cryptocurrency exchange platform.

Is it safe to share ID with Binance?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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