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Is there a specific timeframe for account approval on major crypto exchanges like Binance or Coinbase?

avatarRoy HensensDec 17, 2021 · 3 years ago3 answers

I'm interested in opening an account on major crypto exchanges like Binance or Coinbase. Can anyone tell me if there is a specific timeframe for account approval? How long does it usually take for them to approve new accounts?

Is there a specific timeframe for account approval on major crypto exchanges like Binance or Coinbase?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to account approval on major crypto exchanges like Binance or Coinbase, the timeframe can vary. Some exchanges may have an automated approval process that can take just a few minutes, while others may require manual review and can take several days. It's best to check the specific exchange's website or contact their customer support for the most accurate information.
  • avatarDec 17, 2021 · 3 years ago
    From my experience, the account approval process on Binance or Coinbase usually takes around 1-3 business days. However, this can vary depending on the volume of new account applications they receive. It's always a good idea to complete the required verification process as soon as possible to avoid any delays.
  • avatarDec 17, 2021 · 3 years ago
    As an employee at BYDFi, I can tell you that our account approval process is usually completed within 24 hours. We strive to provide a fast and efficient experience for our users. However, it's important to note that each exchange may have different procedures and timelines for account approval, so it's always a good idea to check with the specific exchange you're interested in.