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Binance: Daily withdrawal limit for accounts with basic verification decreased to 0.06 BTC

Binance surprises more and more lately, quite a lot of news for today and all of them are extremely negative for Binance. Where to start? Let's start with reducing the daily withdrawal limit for accounts with basic verification, which was lowered from 2 BTC to 0.06 BTC - more than 30 times.

Casino Binance officially announced today (July 27, 2021) to lower the withdrawal limit for accounts with basic verification to 0.06 BTC ($2,270) per day. The company justified its decision with the desire to "maintain the current safety of all users". How the reduction of the limit of 30 will increase the current safety of all users - is unknown, the exchange Binance forgot to declare it, apparently imaginary and fictitious. For greater protection of users, it is possible to close withdrawals at all - the maximum protection. The main thing is to leave the input open - Binance always needs the money, it does not like to pay them out to others, but what can you do, "offshore pit":


Daily withdrawal limits will be adjusted to 0.06 BTC for accounts that have only passed basic account verification. This change is effective immediately for new account registrations and will take effect for existing users in stages, starting on 2021-08-04 00:00 (UTC) and ending by 2021-08-23 00:00 AM (UTC). Complete identity verification to increase your daily withdrawal limit to 100 BTC.

Note. Withdrawal limits are updated daily at 00:00 (UTC).

Basic is the lowest level of verification for a Binance account, and is granted after filling basic details of the user without the need to send any documents. Previously, holders of such accounts could withdraw up to 2 BTC per day.

"We are constantly reviewing our own policies to ensure they meet industry standards," - she adds.

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