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What happens to my funds when I delete my Binance US account?

avatarHeath NorwoodDec 28, 2021 · 3 years ago3 answers

When I delete my Binance US account, what happens to the funds in my account? Will they be automatically transferred to another account or returned to my original funding source?

What happens to my funds when I delete my Binance US account?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When you delete your Binance US account, your funds will not be automatically transferred to another account. Instead, Binance US will follow their account closure procedures, which may include returning your funds to your original funding source. It's important to note that this process may take some time, as Binance US will need to verify and process the withdrawal request. Make sure to follow the account closure instructions provided by Binance US to ensure a smooth and secure closure of your account.
  • avatarDec 28, 2021 · 3 years ago
    Deleting your Binance US account does not mean your funds will be lost. Binance US has procedures in place to handle account closures and ensure the safe return of your funds. Once you initiate the account closure process, Binance US will review your request and proceed with the necessary steps to return your funds. It's recommended to withdraw your funds to your original funding source before deleting your account to expedite the process.
  • avatarDec 28, 2021 · 3 years ago
    When you delete your Binance US account, your funds will be handled according to Binance US's account closure procedures. It's important to understand that Binance US is a separate entity from BYDFi and each exchange may have different policies in place. Therefore, it's crucial to review Binance US's terms and conditions regarding account closure and fund withdrawal to ensure you are aware of the specific steps and requirements involved.