How to Prove the Source of On-Chain Assets on Binance?
When Binance asks you to prove the source of on-chain assets, the usual approach is to record a live operation video, starting from logging into your Binance account, all the way to locating the corresponding outgoing record and TxID on an external platform (such as another exchange, wallet). Additionally, depending on the actual source of your assets (salary, investment, mining, etc.), you need to prepare corresponding supporting documents. This procedure is officially named "Enhanced Due Diligence" (EDD), a standard compliance process that exchanges follow to adhere to global Anti-Money Laundering (AML) regulations.
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Core Steps: Record a Video Proof
This is the most common and direct way to prove the source of on-chain assets. Binance customer service needs to see a complete fund trail.
Log in to Your Binance Account and Find the Deposit Record
What to do: Locate the deposit record that needs to be verified from your Binance account's deposit history.
How to do it:
Log in to your Binance account.
Go to [Wallet] - [Overview] - [Transaction History].
Find the corresponding deposit record, confirm the coin, amount, and arrival time of this transaction.
What counts as done: Have the page showing this deposit record ready, prepared to start recording the video.
Switch to the Fund Outgoing Platform and Find the Outgoing Record
What to do: Log in to the external platform (such as another exchange, decentralized wallet, mining pool, etc.) from which you sent the asset, and find the corresponding outgoing record.
How to do it:
Log in to that platform (must be logged in live during the video; screenshots or pre-recorded screen captures are not accepted).
In the platform's withdrawal history or transaction records, locate the outgoing transaction that matches the Binance deposit record.
Ensure the page clearly displays: TxID (transaction hash), coin name, and outgoing amount.
Confirm that the outgoing information exactly matches the deposit information in the Binance account.
What counts as done: Ensure the TxID, coin, and amount in the outgoing record correspond without error to the Binance deposit record.
Key requirements: The video must be recorded live on the spot; pre-recorded screen captures are not allowed. During the recording, clearly show the platform name and website address. Be careful to cover sensitive information (such as login passwords), but critical information like TxID, amount, and coin must remain fully visible.
Supplementary Materials: Prepare Documents Based on Type of Fund Source
If your assets did not simply come from a transfer between platforms (e.g., direct mining income, over-the-counter trading, etc.), Binance may also require you to provide additional documents to prove how the money was originally obtained.
Assets from Cryptocurrency Investment/Trading
What to do: Prove that you obtained these funds through buying and selling cryptocurrencies.
Typical documents to prepare:
Exchange/Wallet account statement: A screenshot or document showing your holdings, trading activity, and customer identification information.
Sale record and bank credit proof: A transaction record showing the sale of cryptocurrency for fiat, along with the bank statement showing the fiat deposit into your bank account.
Tax return: A tax document reporting cryptocurrency capital gains.
What counts as done: Prepare at least one document that clearly shows trading activity and personal identity.
Assets from Salary or Business Income
What to do: Prove that you have a legitimate, stable source of income.
Typical documents to prepare:
Payslips: Payslips for the last 3 months.
Bank statements: Bank records showing salary deposits over the last 3 months.
Tax return: Tax filing records for the previous tax year.
What counts as done: Ensure the documents show your full name, the issuing institution's identifier, and the date of issue.
Assets from Cryptocurrency Mining
What to do: Prove that you obtained the cryptocurrency through mining activities.
Typical documents to prepare:
Proof of mining equipment purchase: Invoice or contract for purchasing mining machines or hashrate.
Mining income proof: Screenshots of at least 3 months of transaction records from a mining pool or relevant platform, showing your wallet address and transaction ID.
What counts as done: Have purchase receipts and a continuous record of income streams ready.
Assets from Inheritance or Donation
What to do: Prove that the assets were obtained through non-labor means.
Typical documents to prepare:
Inheritance: A copy of the will, a letter signed by a lawyer or executor.
Donation: A donation agreement, a gift statement signed by the donor, and a bank statement showing the donation deposit.
What counts as done: Have legally effective supporting documents and records of the fund deposits ready.
Common Reasons for Failure
Incomplete or non-compliant video: Submitting a screen recording instead of a live recording; the video does not show the full process from login to finding the record; key information (TxID, platform name) is not clearly displayed or is obscured.
Documents not meeting specifications: The name on the document does not match the account name; documents are blurry, cropped, or use filters; submitting an editable format (e.g., Excel, Word); documents are older than the validity period (e.g., statements older than 3 months).
Incomplete fund trail: Only able to provide the deposit record on the Binance side, but unable to provide the outgoing record from the external platform.
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How to Confirm After Completing the Proof
After submitting the video and documents as required by Binance, go to [Identity Verification] or the corresponding compliance review page to confirm the submission status. Once the review is approved, any account restrictions (if any) will be lifted, and you will receive a notification email from Binance. The entire review process may take several business days; please be patient.
