How Long Does Binance Source of Funds Requirement Cover?
Binance requires proof of source of funds; the core documents typically need to cover the last 3 months. This is not a fixed timeframe but varies depending on the type of funding source, each with its own "recent" standard. If the platform asks you to supplement materials, just prepare documents for the corresponding period as required.
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Why Is This Required?
To meet anti-money laundering and compliance requirements, Binance needs to understand the Source of Funds (SoF) and Source of Wealth (SoW) of your account. Simply put, the platform must confirm where the money in your account comes from and whether it is legitimate. When you are asked to provide such proof, it means your account has triggered risk controls or has reached conditions that require supplementary materials.
Time Requirements for Different Fund Types
Binance official documents outline clear proof document time requirements for different sources of funds.
| Source of Funds Type | Document Time Requirement | Specific Requirement |
|---|---|---|
| Salary Income | Last 3 months | Pay stubs from the last 3 months, or bank statements showing salary deposits for the last 3 months |
| Self-employment | Case by case | Latest tax return, or recent invoices/contracts showing monthly or annual income |
| Savings/Deposits | Within the last 3 months | Savings account statement issued within the last 3 months |
| Investment Income (Cryptocurrency) | Declaration period (usually within 1 year) | Account statements showing trading activity for the declaration period; tax returns must cover the latest tax year |
| Investment Income (Financial Assets) | Within the last 2 years | Portfolio or brokerage statements must cover the last 2 years |
| Business Income | Within the last 2 years | Balance sheets or income statements must cover the last 2 years |
| Inheritance/Donation | Within the last 3 months | Donation declaration or bank statement issued within the last 3 months |
If you haven't yet made any deposits but the platform requests source of funds verification, you need to explain the source activity of the funds you plan to deposit in the future, rather than actual deposit records.
Two Key Document Preparation Requirements
According to Binance's official document requirements, all proof documents must satisfy the following conditions:
Recently Issued: Documents should reflect your recent financial activities, such as pay stubs from the last 3 months or tax returns from the most recent year.
Unedited: Only PDF, JPG, PNG formats are accepted; Excel or Word files are not accepted. When providing screenshots, the full page including the URL link must be visible.
Frequently Asked Questions
If my account is restricted, how long does it usually take to be unblocked? After submitting complete and accurate documents, the normal review process generally takes about 5 business days, depending on the completeness and accuracy of the materials. Incomplete documents may lead to additional requests, which will extend the processing time.
If my source of income is cryptocurrency mining, what proof do I need? You need to provide proof of purchase of mining equipment, and proofs of all mining income from mining pools or trading platforms. Typically, you need to provide screenshots of at least 3 months of transaction records, showing wallet addresses and transaction IDs.
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Verification Completion
After preparing and submitting the required documents, monitor your registered email and in-app notifications. Once verification is approved, account restrictions will be automatically lifted, and you will receive email and app notifications. If you haven't received any feedback after more than 5 business days, you can follow up proactively via Binance customer support channels to confirm whether your documents have entered the review process.
