Are you thinking about closing your Binance account? Whether you want to explore other platforms or simply need a change, we’re here to guide you through the process. In this article, we’ll provide step-by-step instructions on how to delete your Binance account using both the mobile and web versions. But before we dive into that, let’s take a closer look at what Binance has to offer.
About Binance
Launched in 2017 by Changpeng Zhao, Binance has become the largest cryptocurrency exchange in terms of trading volume. With over 350 supported cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Dogecoin, Binance offers a wide range of options for crypto enthusiasts. The platform is also known for its relatively low trading fees, making it an attractive choice for traders. Additionally, Binance prioritizes the security of users’ funds and information, offering features such as two-factor authentication and address whitelisting.
However, it’s worth noting that Binance has faced some security concerns and legal issues in the past. The platform was charged by the US Securities and Exchange Commission (SEC) with securities law violations, leading to the suspension of certain activities in the United States. While Binance aims to resolve these issues and regain full functionality in the US, some users may find the US version of Binance to be limited for the time being.
What to Do Before Deleting Your Binance Account
Before you proceed with deleting your Binance account, there are a few important things to consider. First, make sure to check the balance of your account. If you have any remaining funds, you’ll need to transfer them to another exchange or a crypto wallet of your choice. Depending on your future plans, you can choose between a software wallet for active trading or a hardware wallet for long-term storage.
How to Delete Your Binance Account on Mobile – Step-by-Step Guide
Deleting your Binance account on your mobile device is a quick and straightforward process. Just follow these simple steps:
Step 1: Log into your Binance account
Open the Binance app on your mobile device and log into your account using your email and password. You may need to verify your login using TouchID (Android) or FaceID (iOS).
Step 2: Tap on “Account Center”
Once you’re logged in, tap on the “Account Center” icon located in the upper left corner of the screen.
Step 3: Tap on “Settings”
In the Account Center, you’ll find various options. Tap on the “Settings” icon located in the upper right corner of the screen.
Step 4: Tap on “Security”
Within the settings menu, locate and tap on the “Security” option. It can be found in the “Others” section, so you may need to scroll down.
Step 5: Tap on “Manage Account”
In the “Security” menu, you’ll see the option to “Manage Account.” Tap on it to proceed.
Step 6: Tap on “Delete Account”
At this point, you’ll be presented with two options: “Disable Account” and “Delete Account.” To permanently delete your Binance account, tap on the latter. Follow the prompts to confirm the deletion.
How to Delete Your Binance Account on Web – Step-by-Step Guide
Deleting your Binance account through the web browser is just as simple as the mobile version. Here’s how you can do it:
Step 1: Log into your Binance account
Visit the Binance website and log into your account using your registered email, Google, Apple, or QR code login. Make sure to use the same method you used during the sign-up process.
Step 2: Click on the “Profile” icon
After logging in, locate the “Profile” icon in the upper right corner of the screen.
Step 3: Click on “Account” and then “Security”
In the dropdown menu, click on “Account” and then select “Security” from the options provided.
Step 4: Look for “Account Activity” and click on “Disable Account” or “Delete Account”
Once you’re on the “Security” page, scroll down until you find the “Devices and Activities” section. Within that section, you’ll see “Account Activity,” where you can choose to disable or delete your account. If the “Delete Account” option is not available, it may be related to your location or specific settings. Remember, you can always delete your Binance account using the mobile app.
FAQ
-
Can I delete my Binance account permanently?
Yes, you can permanently close your Binance account by following the guides provided earlier. Keep in mind that once your account is deleted, Binance will no longer store your funds or personal information. -
What happens when I close my Binance account?
Closing your Binance account results in the cessation of data collection and storage by the company. -
Why can’t I delete my Binance account?
The most common reason for being unable to delete your Binance account is having a negative balance. To delete your account, ensure that you have sufficient funds to cover any outstanding fees. -
Can I recover my deleted Binance account?
Once your Binance account is deleted, it cannot be recovered. All your information is permanently removed from Binance’s system, so you’ll need to register again if you wish to use the platform. -
Can I delete my Binance account and create a new one?
Certainly! You can create a new Binance account even if you’ve previously closed one. However, you’ll need to go through the signup and verification processes again, providing personal documents, information, and proof of address.
In Conclusion
Binance, the world’s largest cryptocurrency exchange, offers a diverse range of features for crypto traders. However, if you decide to delete your Binance account, rest assured that the process is straightforward and can be done through both the mobile and web versions. Before you delete your account, remember to transfer your funds to another exchange or crypto wallet. Choose the option that best aligns with your future plans. Happy trading!