TechFlow news, August 20 — According to Binance's official announcement, all new users must complete intermediate verification in order to access various products and services on the Binance platform, including cryptocurrency deposits, trading, and withdrawals. Existing user accounts that have not yet completed intermediate verification will be temporarily switched to a "withdrawals only" mode, under which users can only perform withdrawals, order cancellations, redemptions, and position closures. Once intermediate verification is completed, users will regain full access to Binance's services. This adjustment aims to better protect user rights and combat financial crimes.
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