Does Binance Wallet require KYC?
Yes. Binance Wallet requires identity verification (KYC).
Checked 2026-10-17 · 2 sources- Binance's swap FAQ describes the product as a self-custody wallet provided by Binance Barbados Limited. Press describes a keyless address option that requires a backup.
- Requirements can vary by country and by withdrawal or deposit limits.
- The swap FAQ says a verified Binance account is required and lists no supported countries. For EEA users, MiCA restrictions apply to unauthorised stablecoins.
Sources: Binance Support: What Is Binance Wallet Swap? · Binance Support: How to Send and Receive Tokens on Binance Wallet. The venue's own page wins if it disagrees with ours.
Binance Wallet
Wallet. Binance Wallet is a self-custody wallet inside the Binance app, with cross-chain swap, a bridge and the Binance Alpha token feed. A verified Binance account is required to use swap, and the FAQ lists network fees but no separate swap service fee.
Full Binance Wallet sheet: fees, custody, incidents →