Quote:
Originally Posted by CharlieK8
Are there any US citizens here that still have funds in binance.com? I haven't logged into my binance account in a while and I just found out that US citizens haven't been able to use it anymore for a long time. The thing is I am outside the US almost all year so I could still access binance while abroad.
But I got an email stating if I don't submit KYC soon, then my account will only be withdraw only. Note... I have not used my binance account in a while, just used it to store a small amount of btc and altcoins.
I also read the max limit one could withdraw is only 0.06 btc on binance if they are not verified. So I would have to do a few multiple withdraws. Well since I cannot give my KYC verification since Im a US citizen, obviously I need to withdraw my funds. But does anyone know if I could still trade till then? Asking this because I am considering just selling the altcoin for btc or a stablecoin and then withdrawing. Would like if anyone is or was in a similar situation. Obviously making sure I withdraw everything soon is important.
I like to also add that since im outside the US almost all the time, anytime I ever logged into binance.com, it was always with a non us ip address. Thus I never used a vpn or anything like that ever with binance. I guess this would also apply to people who don't plan to submit any KYC soon to binance but my issue of of course is my KYC would be US documents. I am outside the US now and the last time I logged into binance.com was probably a month ago. I basically just keep some of my coins there.
Thanks for the few comments.
Well i hold an altcoin in binance and have a very tiny amount of btc and bnb coin there. I have around 2k worth of that altcoin now and around 5 dollars each of btc and bnb each. So roughly around 2010 dollars there.
The thing is i see binance charges you around 0.0005 btc fee to withdraw btc. I do not even have that btc amount to cover the withdrawal fee. So its around 22 dollars to withdraw btc. I see that they charge 25 dollars if you withdraw via usdt/usdc via ETH. But if you withdraw via binance smart chain or tron, its literally 1 dollar as the withdraw fee.
Have a nano ledger where i keep some btc and bch there.
What is your advice on withdrawing from binance without paying much in fees? I know the easiest thing to do is sell that altcoin for btc and tiny amount of bnb for btc and then withdraw the entire amount to my nano ledger but you eat that withdraw fee.