Can Pay Stubs Be Used for Binance Identity Verification?

 / 
 / 
3

Pay stubs cannot be used directly for the basic identity verification on Binance. However, they may be requested as supplementary documents during an enhanced due diligence (EDD) process or as proof of source of wealth (SOW). The vast majority of users only need a government-issued photo ID and facial recognition to complete basic verification. Pay stubs only come into play under specific circumstances.

Binance Exchange
The world's largest cryptocurrency exchange by trading volume,leading in security and liquidity.
New user benefit: Enjoy 20% off trading fees upon registration!

Prerequisite: Understand Your Verification Stage

Before submitting any documents, make sure you know which stage you are in. Binance verification is divided into different tiers, each requiring completely different documents.

  • Basic Identity Verification: This is the mandatory first step for all users. Provide a government-issued photo ID (national ID card, passport, or driver's license) and complete facial recognition. Pay stubs are not used at this stage.

  • Advanced Verification / Proof of Address: If you need to increase your withdrawal limits, the system will ask you to verify your residential address. Accepted documents include bank statements or utility bills (electricity, water, gas) issued within the last three months. Pay stubs are generally not accepted as proof of address.

  • Enhanced Due Diligence (EDD): This process is triggered only when the system flags your account for potential risk or unclear source of funds. This is the stage where pay stubs are specifically requested as proof of income.

Steps: When You Actually Need to Submit a Pay Stub

Step 1: Complete Basic Identity Verification

Go to "Identity Verification" in the app or on the web, upload your ID document (front and back of your national ID or the information page of your passport), and complete the facial recognition scan. At this point, your account is ready for normal trading.

Step 2: Determine If You Need to Submit a Pay Stub

After completing basic verification, do not proactively submit any pay stubs unless you receive a "supplementary verification" pop-up or email notification from the system.

You only need to prepare these materials if one of the following applies:

  • Scenario A (Voluntary Limit Increase): In specific regions such as Binance TH (Thailand), users can proactively apply to upgrade their daily limits. In this case, income documents like pay stubs may be required.

  • Scenario B (Triggered EDD Process): The system requires you to complete enhanced due diligence. You will receive clear instructions asking you to declare your "source of funds/wealth," and you must upload supporting documents as guided.

Step 3: Prepare and Submit Your Pay Stub as Required

If Scenario B is triggered, the system typically requires:

  • Document Requirements: Pay stubs from the last 1-3 months that clearly display your employer's information and your full name.

  • Supplementary Materials: Sometimes you may also need to provide bank statements from the last 3 months showing the corresponding salary deposits for cross-verification.

Step 4: Confirm Submission

After submission, the page will display "Under Review." EDD reviews typically take about 10 business days. Keep an eye on your email and in-app notifications for the result.

Key Risks and Reminders

  • Limited File Validity: Pay stubs cannot replace an identity document, nor can they serve as proof of address (like a utility bill). You must carefully check whether the system is asking for "identity," "address," or "income/source of wealth" proof.

  • Common Reasons for Rejection: Unclear file names, obstructed information, expired documents (older than 3 months), or a name on the pay stub that does not match the registered account name.

  • Information Consistency: The name and basic details on all submitted documents (ID, address, pay stub) must exactly match the information on your Binance account. Otherwise, the verification will fail.

Binance Exchange
The world's largest cryptocurrency exchange by trading volume,leading in security and liquidity.
New user benefit: Enjoy 20% off trading fees upon registration!

FAQ

1. I am a student or do not have a regular job. How can I pass the source of wealth verification? Binance accepts other forms of supporting documents. Students can provide bank statements showing allowance transfers from parents or guardian certificates. Individuals without a fixed income can provide bank statements showing deposit balances and explain that the funds originate from savings.

2. Can I use a pay stub on Binance.US? No. Binance.US explicitly does not accept pay stubs as proof of address. Only utility bills, bank statements, and similar documents are accepted. Please note the policy differences between the international Binance platform and Binance.US.

3. Is it safe to submit my pay stub? Will Binance leak my privacy? According to Binance, all personal information and documents submitted by users are protected through robust encryption and security measures, following strict privacy protection policies.

After you submit your pay stub, the page status will change to "Under Review." Be sure to check your email or in-app notifications within 10 business days for the verification result. If the review fails, the system will inform you of the specific reason (such as a blurry document or mismatched information). Simply re-upload a clear color scan as instructed.