Easy
How do I delete my binance ?
Are you looking to permanently close your Binance account? Whether it's due to fees, security concerns, or simply because you're not satisfied with the user experience, this guide explains how to do it step by step.
Table of contents
Deleting a Binance : What to check before closing an account
Before closing your account, you must ensure that a few technical and administrative points are correct:
- Make sure your balance is zero. If you still hold any cryptocurrencies, consider transferring them to another wallet or converting them, and then transferring the funds from Binance to your bank account .
- Finalize your pending withdrawal requests: ensure that all transactions are completed to avoid further complications.
- Check that you do not have any loans, open positions or active staking
- Keep a record of your trading : invoices, statements, etc., in case you need it later.
These verification steps are an integral part of the binance account deletion , as Binance will not allow you to close an account that still has balances or pending transactions.
Deleting your Binance account: How to recover your Binance transaction history
Before closing your account, remember to download your transaction history. This can be useful for:
- Track your overall trading performance.
- Provide evidence to the tax authorities, if necessary.
- Keep track of your investments over the long term.
For that :
- Go to the “Orders” tab and then “Transaction History”.
- Select the desired period (you can usually go back up to one year). If necessary, upload multiple files
- Click on “Generate”. Binance often offers you a CSV or Excel file.
- Keep it in a secure place, possibly encrypted, especially if you have detailed large amounts of money in it.
Detailed steps to delete your Binance account
The information below is based on the current Binanceinterface. Menus and labels may change, but the general structure remains similar.
Bring the balance to zero
Before proceeding, Binance requires that your balance be zero. To do this:
- Access your main portfolio via the "Assets" tab
- You can also sell your assets in order to convert them into euros or dollars (depending on your reference currency), then withdraw the amount to your bank account.
In all cases, you will have to go through the withdrawal process.
In the case of cryptocurrency, refer to our tutorial titled ' sending crypto from Binance to your wallet ' and in the case of fiat currency, refer to our tutorial titled ' how to withdraw your money from Binance '.
Close your Binance account via the “Account Deactivation” section
- After verifying that your balance is empty, go to the “Account” tab and then “Security”.
- Scroll down to "Account Management". You have the option to "Deactivate" or "Delete".
- Confirm the request by following the on-screen instructions. Binance may ask you several questions (reason for closure, 2FA code verification, etc.).
Confirmation of closure
When you start the process, Binance usually sends you a code via email or SMS to confirm your identity. You will need to:
- Enter this verification code on the relevant page.
- Confirm that you understand the implications of closing the account (loss of access to trading history, end of the possibility of reopening the account under certain conditions, etc.).
Once these steps are completed, your account will be deactivated. Binance may take up to 24 hours to finalize the closure process. During this time, you will not be able to log in, and the company reserves the right to contact you if your account has any administrative issues (incomplete KYC verification, residual balance, etc.).
Deleting a Binance account: What happens after the account is closed?
Once the account is deactivated, here are the main points to remember:
- You will lose access to your entire trading and deposit history. Therefore, it is advisable to download your statements before the account closes.
- You cannot reopen a closed account in the same way. If necessary, you must create a new profile with a new email address.
The issue of data confidentiality
Binance, like any trading platform, retains a set of personal data subject to Know Your Customer (KYC) verification. When you request to close your account, this data is not necessarily deleted immediately. Applicable regulations may require a financial services company to retain certain information for a specified period (sometimes up to five years) to comply with legal obligations.
Deleting your Binance account: An alternative for those who are not satisfied
If you feel that Binance 's user-friendliness, fees, or customer service don't meet your expectations, you have several other platforms to choose from. Gemini is a serious option:
- Top-tier security, with "cold" storage of the majority of funds
- A dual interface: a simplified application for beginners and ActiveTrader , an advanced platform offering volume-dependent fees and a competitive order book.
- Access to over 60 cryptocurrencies, but also to a rare offering on the market: tokenized shares (Nvidia, Apple, etc.). These products replicate the price of real shares via tokens issued directly on the Gemini platform, allowing them to be bought and traded 24/7 like cryptocurrencies, without going through a traditional stockbroker.
- Strict regulatory compliance, with Gemini being one of the first platforms approved in the United States and holding the European license ( MiCA ).
- Additional services such as staking to generate returns on these cryptocurrencies.
Gemini therefore allows you to invest in both cryptocurrencies and tokenized shares, all within a secure and regulated environment.
Deleting your Binance account: Security tips before and after account deletion
Specific token management
Some tokens are not listed on all platforms. If you hold an exotic project only available on Binance , consider checking where you can transfer or sell it. In this case, opening an account on a platform offering swap or on a competing exchange (OKX, Bitvavo, etc.) could be a solution. But first, make sure your cryptocurrencies are compatible.
A concrete example of a crypto transfer before the shutdown
Let's say you have 0.05 BTC in your Binanceaccount. You want to transfer it to Bitvavo before the account closes. Here's how:
- Go to Bitvavo and click on “ BTCDeposit” to generate a receiving address.
- Copy the BTC address provided by Bitvavo.
- On Binance, go to “Withdrawal” and select “Bitcoin”.
- Paste the Bitvavo address, specify the amount (0.05 BTC), carefully check the network fees and confirm.
- You will likely be asked for a security code 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.
Deleting a Binance account: Final word
Deleting your binance requires: verifying your balance, backing up your transaction history, and closing it via your security settings. If you no longer wish to use Binance , consider switching to a platform better suited to your experience level and investment style. OKX will appeal to advanced traders looking for a wide range of financial products, while Bitvavo is better suited to those seeking an intuitive interface and complete transparency on every transaction. In any case, be sure to maintain good security practices and keep records of your transactions.
By following these steps, you can close your account with complete peace of mind and explore new horizons in the world of cryptocurrencies.
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Yoann
Training engineer, I quickly became interested in the field of finance. Convinced that decentralized finance has a bright future ahead of it, I participate in its democratization by developing Crypternon.
