Binance's KYC identity verification is currently divided into three levels: Verified (Basic/Standard), Verified Plus (Intermediate/Advanced Identity), and Enterprise. These three levels correspond to different document thresholds and limit permissions. For 90% of individual users, reaching the Basic or Intermediate level is sufficient. If you want to start verification directly, you can log in through the Binance Official Website to check your current level. Using the Binance Official APP on your mobile phone makes facial recognition more convenient. Apple users can check the iOS Installation Guide.
Three-Level KYC Quick Reference Table
| Level | English Name | Required Documents | Review Time | C2C Daily Limit | Withdrawal Daily Limit |
|---|---|---|---|---|---|
| Basic | Verified | ID Card + Facial Recognition | 5-15 Minutes | 50K USDT | 80 BTC |
| Intermediate | Verified Plus | Basic + Proof of Address | 24-72 Hours | 800K USDT | 800 BTC |
| Enterprise | Enterprise | Company Qualifications + Shareholder Structure | 3-10 Working Days | Unlimited (Case by Case) | Unlimited |
"Advanced" is actually an extension of "Intermediate"—above Verified Plus, Binance will dynamically grant higher limits based on your trading volume and proof of funds, without requiring a separate level of verification.
Basic KYC (Verified)
Target Audience
The vast majority of beginners and small-to-medium investors. For users whose daily trading volume is within 10K-50K USDT, and who primarily engage in spot trading and small-amount futures, reaching this level is sufficient.
Required Documents
- Photos of the front and back of your ID card (or Passport, Driver's License)
- Liveness facial detection (blinking, turning head, opening mouth)
- Date of birth, nationality, residential address (no proof required, just fill it in)
Review Process
- Step 1: Enter the Identity Verification page—Log in to the Binance APP or website, click "Personal Center → Identity Verification".
- Step 2: Select nationality and document type.
- Step 3: Upload the document—The front and back must have all four corners intact, clear text, and no glare.
- Step 4: Liveness facial detection—Complete the specified actions facing the camera.
- Step 5: Wait for review—Usually 5-15 minutes, maximum 24 hours.
Privileges After Completion
- C2C Daily Buy/Sell: Approx. 50K USDT
- Credit Card Crypto Purchase: Approx. 20K USDT/day
- Withdrawal: 80 BTC equivalent daily
- Spot Trading: No single transaction limit
- Futures: Can be opened, maximum 20x leverage for beginners
- Launchpad New Token Subscription: Can participate
Common Reasons for Rejection
- Blurred or overexposed document (accounts for 40% of rejections)
- Insufficient facial recognition similarity (too dark lighting or wearing glasses)
- Document has expired
- The filled-in date of birth does not match the document
Intermediate KYC (Verified Plus)
Target Audience
- Need large-amount C2C fiat deposits (over 50K USDT/day)
- Want to engage in institutional-grade futures trading
- Participate in OTC block trading
- Withdrawal limits are insufficient
Required Documents
Submit the following on top of the Basic level:
- Proof of Address (within the last 3 months)
Review Process
- Step 1: Click "Upgrade to Intermediate" on the "Identity Verification" page.
- Step 2: Upload Proof of Address PDF or Photo—Color scans or high-definition photos are both fine.
- Step 3: Fill in current residential address (consistent with the proof document).
- Step 4: Wait for manual review—Usually 24-72 hours.
Privileges After Completion
- C2C Daily Buy/Sell: Approx. 800K USDT
- Credit Card Crypto Purchase: Approx. 50K USDT/day
- Withdrawal: 800 BTC equivalent daily
- Fiat Deposit Lifetime Limit: Approx. 30M USDT
- Futures Maximum Leverage: 75-125x given by system assessment
- Faster VIP Level Upgrade (higher weighting for trading volume)
Common Reasons for Rejection
- Proof of address is over 3 months old (most common, accounts for 50%)
- Name on proof of address does not match ID (e.g., used a nickname)
- Uploaded an electronic bill screenshot but no bank watermark
- PDF file has been secondarily edited (the system can detect this)
Enterprise KYC (Enterprise)
Target Audience
Quantitative teams, family offices, hedge funds, market makers, institutional investors. Individual users will not need this at all.
Required Documents
- Company Business License / Certificate of Incorporation
- Articles of Association
- Proof of identity of directors and shareholders
- Proof of company bank account
- Declaration of Ultimate Beneficial Owner (UBO)
- Anti-Money Laundering (AML) Compliance Questionnaire
- Explanation of Source of Funds
Review Process
3-10 working days, reviewed item by item by the Binance compliance team. Upon approval, an exclusive account manager will be assigned.
Privileges After Completion
- No limit on trading volume (case-by-case approval)
- VIP Level starts directly at VIP 5
- Priority API channels (lower latency)
- OTC block trading
- Institutional-grade interest rates for lending and earn
The Truth About "Advanced KYC"
It is often said online that "Binance has three individual levels: Basic, Intermediate, and Advanced." This is actually an old version's terminology. The current Binance rule is:
After you complete Intermediate KYC, higher limits will be dynamically given to you based on your trading volume and proof of funds. That is to say, Advanced is actually a "hidden level"; after meeting the conditions, Binance will proactively invite you to submit additional documents, such as:
- Proof of trading volume for the past 6 months
- Proof of income (payslips, company dividends, investment returns)
- Proof of large bank deposits
- Tax returns
After these are submitted, Binance will manually upgrade you to a higher daily limit. This process does not require you to apply proactively.
How to Choose the Right KYC Level for You
Beginners: Reaching Basic is Sufficient
For your first year on Binance, if your average monthly trading volume does not exceed 100K USD, the Basic level is completely sufficient. It saves time and document materials.
Moderate Users: Recommended to go directly for Intermediate
If you are determined to do long-term investing, futures trading, or want to buy USDT in large amounts via C2C, it is recommended to go straight to Intermediate in one breath after registration. Proof of address only requires a utility bill; the review is fast and permissions are high.
Whales: Aim for the Hidden Advanced
Whales with a daily trading volume exceeding 500K USD can proactively contact customer service to inquire about advanced limit applications, or wait for the system to push it proactively. Proactively submitting proof of funds will often get you higher limits faster.
Frequently Asked Questions
Q1: Can my KYC level be downgraded after it has been upgraded?
A: It cannot be automatically downgraded. If you want to lower your KYC level, you can only close your account and re-register—but when re-registering with the same ID card, Binance will automatically restore you to your original level (the ID number is kept on record). So do not think about "upgrading by mistake and then downgrading back".
Q2: Can I use an electronic statement from online banking as proof of address?
A: Yes, but it must be the original PDF, not a screenshot. Electronic bills generally have the bank's digital signature watermark, which Binance's review system can recognize. Just use the browser's "Print → Save as PDF", no need to go to the counter to print a paper statement.
Q3: How long after Basic KYC is approved can I start trading?
A: Immediately. From the second it is approved, C2C, deposits, withdrawals, spot, and futures are all unlocked. There is no need to wait for the next day or any cooldown period.
Q4: Can foreigners do Intermediate KYC in China?
A: Yes. Binance supports document recognition for 180+ countries worldwide. Foreigners using a passport for Basic and a residence permit or utility bill for Intermediate will have no problem. It's just that some countries (US, Canada, Netherlands) cannot directly register on the Binance main site due to compliance reasons and need to access the corresponding local version.