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Reactivating my account for a prop firm payout after 2 years

Binance

Cryptocoins Exchanges / Binance 73 Views

Reactivating my account for a prop firm payout after 2 years

Hey everyone, I have a Binance account I haven't touched in about 2 years. I want to use it now to receive a payout from a prop trading agency (~4 figures USD).

A number of questions for anybody who's handled this:

- Does reactivating a dormant account set off additional scrutiny or holds, even for a normal-sized deposit?

- Will I have to redo KYC/id verification earlier than I can withdraw, since it's been inactive so long?

- Does receiving funds from a prop firm payout (versus a P2P switch or one other change) increase any flags I should find out about?

- Any tricks to avoid delays β€” like logging in and verifying id a day or two before the deposit truly lands?

Just need to keep away from my funds getting stuck in evaluation. Respect any first-hand expertise.

submitted by /u/mojoukhrane
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