Binance.US · Binance.US Privacy Policy · View original document ↗

KYC Identity Document Collection

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This analysis describes what Binance.US's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Identity verification through document collection and biometric matching (selfie-to-ID verification) establishes the procedural framework for customer identity verification and account authentication. This mechanism fulfills the operational requirements for account activation and regulatory compliance in financial services.

Recent Activity

This document changed recently

Medium May 5, 2026

The updated privacy policy now discloses that Binance.US collects information from interactions with AI chatbots, including prompts, market research, and uploaded information. The policy states this data may be shared with OpenAI, which according to the revised language may receive information about your account, portfolio, and communication contents along with associated metadata. The updated terms also broaden the stated use of personal information to include generating interactive responses through AI chatbots that provide market research and portfolio-specific analysis, as well as collecting inferences about your service use. Your continued use of the platform constitutes acceptance of these updated data collection and sharing practices.

View change record →
Medium Apr 19, 2026

The updated policy explicitly authorizes Binance.US to disclose user information to law enforcement, government agencies, regulators, financial institutions, and industry partners to detect and prevent fraud, money laundering, terrorist financing, and other financial crimes. This establishes a new disclosure authority that was not previously explicitly stated. Additionally, the revised language discloses that email addresses and other identifiers collected by Binance.US may be used for tailored advertising on other websites and social media platforms. The policy now provides a 'Your Privacy Rights' webform in addition to email contact as a mechanism for submitting privacy rights requests and appeals. You can submit privacy rights requests through privacy@binance.us or by using the company's 'Your Privacy Rights' webform.

View change record →
Medium Mar 12, 2026

The updated policy now explicitly states that Binance.US may disclose customer information to law enforcement, government agencies, regulators, financial institutions, and industry partners to detect, prevent, and report fraud, money laundering, terrorist financing, and other financial crimes. The policy also clarifies that if your email address or other identifier has been collected, it may be used for tailored advertising on external websites and social media platforms through the use of cookies and other identifiers. These disclosures formalize data-sharing practices and advertising uses that may have been operationally occurring but were not previously detailed in this language. You can exercise privacy rights by contacting privacy@binance.us or submitting a request through the company's 'Your Privacy Rights' webform.

View change record →

Consumer impact (what this means for users)

Users are required to provide government-issued identification documents and a selfie as a condition of account creation or reactivation. The identity verification process is automated through a third-party verification service that performs biometric matching between the submitted selfie and the government ID photograph.

How other platforms handle this

Roblox Medium

Your use of the Services is also governed by our Privacy Policy, which is incorporated into these Terms by reference. By using the Services, you consent to the data collection and use practices described in the Privacy Policy. Roblox collects information you provide directly, information collected a...

Best Buy Medium

We collect information about you in a variety of ways depending on how you interact with us and our products and services. This includes information you provide directly, information we collect automatically when you use our services, and information we receive from third parties. We may collect ide...

Tabnine Medium

Tabnine may collect and use technical data and related information, including but not limited to technical information about your device, system and application software, and usage data regarding your use of the Services (including code completion statistics and plugin interaction data), to facilita...

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▸ View Original Clause Language DOCUMENT RECORD
"
Identification Information: such as your driver's license, federal/state ID card, Social Security Number, Tax ID number, photograph(s), or other government-issued ID information. For example, we use Plaid, Inc. ("Plaid") for identity verification services to identify and authenticate you when you create or reactivate an account with us. Specifically, Plaid will verify that the selfie you provide matches the photo on your government-issued ID.

— Excerpt from Binance.US's Binance.US Privacy Policy

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
ePrivacy Directive
European Union
FCRA
United States Federal
FTC Act Section 5
United States Federal
GDPR
European Union
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Binance.US Privacy Policy
Entity
Binance.US
Document last updated
May 5, 2026
Tracking information
First tracked
May 10, 2026
Last verified
May 12, 2026
Record ID
CA-P-000541
Document ID
CA-D-00065
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
fe2ef7996a029ceacac9b979b2d9ece66167de76b6cd93f9c5bbf824aeca1bbf
Analysis generated
May 10, 2026 05:50 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Binance.US
Document: Binance.US Privacy Policy
Record ID: CA-P-000541
Captured: 2026-05-10 05:50:20 UTC
SHA-256: fe2ef7996a029cea…
URL: https://conductatlas.com/platform/binanceus/binanceus-privacy-policy/kyc-identity-document-collection/
Accessed: May 20, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

Other risks in this policy

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Frequently Asked Questions

What does Binance.US's KYC Identity Document Collection clause do?

Identity verification through document collection and biometric matching (selfie-to-ID verification) establishes the procedural framework for customer identity verification and account authentication. This mechanism fulfills the operational requirements for account activation and regulatory compliance in financial services.

How does this clause affect you?

Users are required to provide government-issued identification documents and a selfie as a condition of account creation or reactivation. The identity verification process is automated through a third-party verification service that performs biometric matching between the submitted selfie and the government ID photograph.

Is ConductAtlas affiliated with Binance.US?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Binance.US.