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10/19 New Identify Verification Changes

Binance

Cryptocoins Exchanges / Binance 636 Views

With the new changes, Binance won't let me open a new position until i verify my account. It says the following:

"Existing users who have not yet completed Intermediate Verification will have their account permissions temporarily changed to “Withdraw Only”, with services limited to withdrawal, order cancellation, position close, and redemption. This will be carried out in phases to minimise user-experience disruption, from now through 2021-10-19 00:00 AM (UTC). Existing users will be informed directly with more details. Once users complete the Intermediate Verification, they will be able to resume full access to Binance products and services."

I have active open future positions. Does anyone know how long they will keep these positions open? Is there a day when they will force me to close it if I don't verify?

Thanks

submitted by /u/zebearz
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