As a leading global cryptocurrency exchange serving millions of users worldwide, Binance makes it easy to trade top cryptocurrencies like Bitcoin, Ethereum, and more. However, there may come a time when you wish to permanently delete your Binance account.
Deleting your Binance account is an irreversible process with important factors to consider beforehand. This comprehensive guide will walk you through how to delete your Binance account safely and securely, step-by-step.
Why You May Want to Delete Your Binance Account
There are a few key reasons why you may want to delete your Binance account:
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Enhanced security – Deleting your account enhances security if you suspect suspicious activity or can no longer access your account reliably.
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Consolidating exchanges – You may wish to consolidate your crypto trading into a single platform and close other accounts.
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Unused accounts – If you no longer actively trade on Binance, deleting unused accounts enhances security.
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Jurisdictional issues – Users in certain jurisdictions may need to close accounts due to changes in crypto regulations.
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Personal preference – You may simply wish to permanently delete your Binance account as a personal preference.
With tens of millions of active Binance users worldwide, account security and consolidation are common reasons for wanting to delete your Binance account.
Overview of Binance Account Deletion Process
Here is a quick overview of what to expect when deleting your Binance account:
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Withdraw funds – You must withdraw all funds from your Binance wallet first.
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Disable 2FA – Two-factor authentication must be disabled before deleting.
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Account closure request – You submit an account deletion request from your account settings.
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Identity verification – Binance will ask you to complete identity verification using a government ID.
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Account review – Binance reviews your request thoroughly which may take up to 30 days.
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Permanent deletion – Upon approval, your account is permanently deleted with all data erased.
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No reversals – Once deleted, accounts cannot be recovered under any circumstances.
Next, let‘s go through each step to successfully delete your Binance account.
Step 1: Withdraw All Funds From Binance
The first step is to withdraw all cryptocurrency funds and tokens held in your Binance wallet.
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Log into your Binance account and go to your Wallet page.
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Click the Withdraw button for each cryptocurrency you hold a balance for.
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Enter the withdrawal amount of the full balance.
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Provide the address of the external crypto wallet you wish to withdraw to.
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Complete any necessary identity or address whitelisting steps if prompted.
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Pay any blockchain withdrawal fees and submit your withdrawal request.
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Repeat for each cryptocurrency balance in your Binance wallet.
Once submitted, your Binance withdrawal requests will process based on the respective blockchain confirmation times. Monitor your external wallet to ensure each withdrawal completes successfully before proceeding. Your Binance account balance must be zero to delete your account.
Step 2: Disable Two-Factor Authentication
Binance requires users to disable two-factor authentication (2FA) before being allowed to delete accounts.
Here are the steps to disable 2FA:
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Go to your Binance Account Settings page.
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Select the Security tab and go to the Two-Factor Authentication section.
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Click Disable if you have 2FA enabled.
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Select and confirm the reason for disabling 2FA.
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Carefully follow any additional prompts to fully disable 2FA.
With 2FA disabled, you will no longer need to input OTP codes when logging into your Binance account going forward.
Step 3: Submit Account Closure Request
Once your balances are withdrawn and 2FA disabled, you can formally request account closure:
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From your Binance Account Settings, click on Account Closure.
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Select to permanently close your Binance account.
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Enter your account password to confirm your identity.
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Select a reason why you are closing your account.
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Input the email address registered to your Binance account.
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Carefully review and agree to the account closure terms.
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Finally, click Submit to send your account deletion request to Binance for review.
Submitting the account closure request is the key step in starting the deletion process. Binance will follow up with additional verification requirements before approving your request.
Step 4: Complete Identity Verification
To maintain security, Binance requires identity verification before approving account deletions:
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After submitting your request, Binance will ask you to verify your identity by providing a valid government-issued ID.
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Ensure your ID photo and all text details are clearly visible.
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The name, date of birth, ID number, and other details must match your Binance account exactly.
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Acceptable ID documents include passports, driver‘s licenses, or national ID cards.
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Follow Binance‘s instructions carefully to successfully submit your ID verification documents.
Completing ID verification is essential for Binance to confirm you are the account owner before permanently deleting the account.
Step 5: Allow Time for Binance‘s Account Review
Once you submit your deletion request and ID verification, Binance will conduct a comprehensive account review.
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This review assesses your account status, trading history, and verifies your identity.
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The review aims to prevent security issues like unauthorized account deletions.
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Account deletions typically take 7-30 days to process after all requirements are met.
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Avoid logging into your account or depositing any funds during the review period.
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Binance support may contact you if any issues arise before they can approve deletion.
Allow sufficient processing time even if your account lacks trading activity, as closure requests are still reviewed thoroughly.
Step 6: Receive Account Deletion Confirmation
The final step is to receive official confirmation your Binance account has been deleted:
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Once your account review successfully completes, Binance will send you an email confirmation of account deletion.
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Your account status will now show as "Deleted".
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You will no longer be able to log in or recover your closed Binance account. All data is permanently erased.
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Congratulations! You have successfully deleted your Binance account.
With the account deletion email confirmation, you can rest assured your Binance account is permanently closed with all personal data removed from Binance‘s systems.
Key Differences: Disabling vs. Deleting Accounts
It‘s important to note the differences between disabling versus deleting your Binance account:
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Disabling temporarily restricts account access, and can be undone.
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Deleting permanently closes the account with no option to reactivate.
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Disabled accounts auto-reactivate after a set period of time.
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Deleted accounts cannot ever be restored or reopened.
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Funds remain intact in disabled accounts for your recovery.
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Remaining funds are lost forever when your account is deleted.
In most cases, disabling your Binance account temporarily is preferable to permanently deleting it. However, deleting your account is sometimes necessary for security or personal reasons.
Best Practices When Deleting Your Binance Account
Follow these recommended tips when undergoing the Binance account deletion process:
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Withdraw every last satoshi or token to avoid losing funds.
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Triple check your account is empty before requesting closure.
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Disable 2FA using accurate secret recovery codes to avoid getting locked out.
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Use a clear, legible government ID that matches your account details when verifying identity.
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Be responsive if contacted by Binance support to avoid delays.
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Bookmark the account deletion page in advance so you can easily find it when needed.
Taking the right precautions helps ensure a smooth and successful Binance account deletion process.
Conclusion
Deleting your Binance account is a permanent decision, so consider your options carefully beforehand. This guide covers step-by-step how to securely delete your Binance account:
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Withdraw all cryptocurrency funds and tokens first
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Disable two-factor authentication
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Submit an account closure request
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Complete identity verification as required
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Allow 7-30 days for Binance’s account review
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Receive email confirmation once your account is deleted
With proper precautions, you can successfully delete your Binance account. However, account deletion is irreversible – so carefully weigh if disabling your account temporarily may be a better solution in some cases.
