Binance account deletion: step by step tutorial

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How to delete binance account ?

Are you looking to close your profile definitively on the Binance ? Whether it is a question of costs, security or simply because you do not find the satisfactory user experience. This guide explains to you how to perform this step by step operation. You will also discover some interesting alternatives like OKX or Bitvavo, which are distinguished by their accessibility and transparency.

Table of contents

Deletion Binance account: alternative for those who are not satisfied

If you believe that the ergonomics, costs or Binance customer service do not meet your expectations, you have the choice from different platforms. Here are two serious options:

Okx

OKX is an exchange known for its wide range of cryptocurrencies and financial products. trading pairs , incorporates decentralized finance solutions and offers storage to generate additional yields on your digital assets. Rather, its interface is intended for intermediate or advanced users, even if a beginner will also be able to find a little practice.

Bitvavo

Bitvavo stands out for a particularly intuitive interface, ideal for neophytes. Each trading operation is accompanied by total transparency: transaction fees, possible spread applied (and its specific amount), everything is clearly indicated. This visibility allows you to quickly understand the impact of each purchase or sale on your balance. Bitvavo also offers various cryptocurrencies and a reactive support. If you are looking for an easy -to -access environment without unpleasant surprises on costs, this platform can be an alternative to favor.

Deletion Binance :  what to check before closing an account

Before closing your account, you must ensure some technical and administrative points:

  • Check that your balance is zero: if you still have cryptocurrencies on Binance , remove them or transfer them to another wallet or exchange.
  • Finalize your current withdrawal requests: Make sure that all transactions are well finished to avoid subsequent complications.
  • Check that you do not have loans, current positions or active stuking.
  • Keep a trace of your trading history: invoices, statements, etc., in case you need it later.

These verification steps are an integral part of the binance account deletion , because Binance will not allow you to close an account which still presents sales or operations in progress.

Deletion Binance account: how to recover the history of your Binance transactions

Before closing your account, remember to download the history of all your operations. This can be useful for:

  • Follow your overall trading performance.
  • Provide evidence to the tax administration, if necessary.
  • Keep track of your long -term investments.

For that :

  • Access the “Orders” tab then “transactions history”.
 binance orders
  • Select the desired period (you can usually go back to a year). If necessary, download several files
History binance transactions
  • Click “Generate”. Binance often offers you a CSV or Excel file.
 binance account deletion
  • Keep it in a secure, possibly encrypted place, especially if you've detailed important amounts.

Detailed steps for deleting your Binance account

The information below is based on the current Binanceinterface. Menus or labels may have to evolve, but the main lines remain similar.

Pay the balance to zero

Before proceeding, Binance demands that your balance be zero. For that :

  • Go to your main wallet via the "active" tab
 binance account deletion
  • Locate the sales of each cryptocurrency still present.
  • Transfer them to another platform such as Bitvavo or OKX, or send them to your private wallet. 
  • You can also sell your assets to convert them to euros or dollars (depending on your reference currency), then withdraw the amount from your bank account. 

In any case, you will have to go through the withdrawal box.

In the case of cryptocurrency, refer to our tutorial titled ' Sending a Binance to its Wallet ' and in the case of Fiat currency refer to our tutorial ' Binance money '.

Close your Binance account via the “Account deactivation” section

  • After checking that your balance is empty, go to the "Account" then "security" tab.
 Binance account deletion
 Binance account deletion
  • Go down to "account management". You have the choice between “deactivate” or “delete”.
 binance account deletion
  • Validate the request by following the instructions that appear on the screen. Binance may ask you several questions (closing reason, verification of the 2FA code, etc.).

Confirmation of the closure

When you launch the procedure, Binance usually sends you an e-mail or via SMS code to confirm your identity. You will have to:

  • Enter this verification code on the page concerned.
  • Confirm that you understand the implications of the closure (loss of access to the trading history, end of the possibility of reopening the account under certain conditions, etc.).

Once these steps have been validated, your account will be deactivated. Binance can put up to 24 hours to finalize the fence process. During this period, you will no longer be able to connect, and the company reserves the right to contact you if your account presented any administrative problems (incomplete KYC verification, residual balance, etc.).

Delete Binance account: What is going on after the closing of the account?

Once the account is disabled, here are the main points to remember:

  • You lose access to all the history of trading and deposit. It is therefore advisable to download your readings before closing.
  • You cannot reopen a closed account identically. If necessary, you must create a new profile with a new email address.

The question of data confidentiality

Binance, like any trading platform, retains a set of personal data subject to identity verification (KYC). When you request the closure of your account, this data is not necessarily deleted immediately. The regulations in force may require that a financial service company retains certain information for a given period (sometimes up to five years) in order to meet legal obligations.

Deletion Binance account: security advice before and after deleting the account

Management of specific tokens

Some tokens are not listed on all platforms. If you have an exotic project only available on Binance , remember to check where you can transfer it or resell it. swap services or on a competitive exchange (OKX, Bitvavo, etc.) can be a solution. But first make sure the compatibility of your cryptos.

Concrete example of cryptos transfer before closing

Suppose you have 0.05 BTC on your Binanceaccount. You want to transfer it to Bitvavo before the fence. Here's how to proceed:

  • Go to Bitvavo and click on “ BTCdeposit” to generate a reception address.
  • Copy the BTC address given by Bitvavo.
  • On Binance, go to “withdrawal” and select “Bitcoin”.
  • Paste the Bitvavo address, specify the amount (0.05 BTC), carefully check the network costs and validate.
  • A security code will probably be requested by Binance. Enter it and confirm.
  • The transfer can take between 10 and 30 minutes (or even more), depending on the congestion of the Bitcoin network.

Binance account deletion: word of the end

The deletion of your binance requires: verification of your balance, backup of the history and closing via the security parameters. If you no longer want to use Binance , turn to a platform suitable for your level and your investment style. OKX will delight advanced traders looking for multiple financial products, while Bitvavo is better suited to those looking for an intuitive interface and absolute transparency on each transaction. In any case, be sure to maintain good safety practices and keep traces of your operations.

By following these steps step by step, you can close your account with confidence and explore new horizons in the world of cryptocurrencies.

Investments in cryptocurrencies are risky. Crypternon could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a property or service put forward in this article. Readers must do their own research before undertaking any action and investing only within the limits of their financial capacities. Past performance does not guarantee future results. This article does not constitute an investment .

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