Closing Your Binance Account
Whether for personal reasons or because you no longer use cryptocurrency, you have the right to close your Binance account. The process isn't complex, but several prerequisites must be met.
If you're considering whether to register, sign up for Binance first — registration is free, and you can always close it later.
Pre-Closure Preparation
1. Withdraw all assets: Empty every account — spot, futures, earn (redeem all products), margin (repay all loans), funding, Web3 wallet.
2. Cancel all open orders
3. Stop all automation: Auto-invest, trading bots, options/futures positions
4. Remove all bindings: Delete API keys, revoke third-party app authorizations
Closure Steps
Via App: Profile → Security → Account Management → "Delete Account" → Confirm → Security verification → Done
Via Web: Account Settings → Account Management → "Delete Account" → Follow prompts
What Happens After Closure?
- Data: Personal info and trade records may be retained for years per privacy/compliance requirements
- Email/Phone: May be unable to register a new account for a period
- Referral relationships: Cleared
- Irreversible: Account cannot be restored once closed
Potential Issues
- Can't close with any balance (even dust — use "Convert Small Balance to BNB" first)
- Must close all open orders and exit all activities
- Must repay all margin loans
- Must close all futures positions
- Frozen accounts must be unfrozen first
Alternatives to Closure
If you're just temporarily done:
- Leave it idle: No maintenance fees, no cost for inactivity
- Secure and idle: Remove assets, close APIs, strengthen security settings
- Reduce features: Disable high-risk features like futures
Want to Use Binance Again After Closing?
You'll need to register a completely new account with new email/phone. Previous history, VIP level, and verification are not preserved.
Think carefully before closing. If it's temporary, keeping the account but emptying assets is the more flexible option.