Why Does Binance Ask Me To Reenter My Recovery Key?

binance does not need to know your recovery key, because the hacking tools that they use do not expose that. They just want to confirm that you are using a valid wallet – if that’s all you do.

You can create an exchange account there and deposit funds without ever providing any personal data (don’t be silly). And it will automatically recognize whatever kind of cryptocurrency core wallet you used or whatever private keys you uploaded (unless they changed them yourself). There is no reason why binance needs to know who owns what because there is never any interaction with their servers for this process, only high level cryptographic signatures which don’t directly identify anyone. It doesn’t seem like they can differentiate deposits into different accounts either by viewing https://etherscan.io/address/0x1becdaf880392d5edd92b009e259be920460ee55?a=0x1becdaf880392d5edd92b009e259be920460ee55 You can create an exchange account there and deposit funds without ever providing any personal data (don’t be silly). And it will automatically recognize whatever kind of cryptocurrency core wallet you used or whatever private keys you uploaded (unless they changed them yourself).

Joe_Doe

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Hero MemberActivity: 840 Re: Why did binance ask me to reenter my recovery key? February 14, 2017, 01: