Delete your personal data from Binance
Rightly, Champions of Data, empowers you to easily and securely manage your personal online data.
In August 2021, London’s High Court ordered Binance to trace and identify hackers who had stolen cryptocurrency. One user claimed to have had $2.6 million stolen. In 2019 the company announced that it had been hacked and that the criminals were able to access API keys and other data using multiple techniques at once, including phishing and computer viruses. In 2021 Binance suffered another attack, this time seeing KYC (Know Your Client) information being stolen including sensitive and personal details such as the user’s name, their photo, and an image of an official document such as an ID card, driving licence, or a passport.
On this page we’ll explain why it’s a good idea to get your data deleted from Binance and how to go about it. Or if you just want to get started, click the Start Now button which will take you directly to our Rightly Protect service, enabling you to find out who has your data and get it deleted, quickly and for free.
Can I delete my data from Binance?
Yes you can! You have the right to ask any company to delete all the data they hold on you and they have to comply within 30 days. This right flows from GDPR (General Data Protection Regulation) legislation and if companies don’t comply without a valid reason, they can be in trouble.
How do I delete data from Binance?
The easiest way to get your data deleted from companies like Binance is to use our Rightly Protect service. In addition to picking Binance and asking them to erase your data, you can use Rightly Protect to analyse your email inbox to figure out all the companies that have your data. With Rightly Protect you can ask all of them to delete the data they hold on you in one click. Because many companies have your data, even companies you’ve never heard of, and it often runs into hundreds or even thousands of organisations putting your data at risk.
How long until Binance responds?
Binance should reply within one calendar month. If they have genuine reasons that they need extra time to consider your request, they can take up to an extra two months - but they should let you know within one month that they need more time and the reasons why. If you’re unhappy with how they respond, you can make a complaint to Binance and then if you’re still unhappy, you can complain to the ICO (Information Commissioner’s office).
Does Binance actually delete your data?
Yes, it’s a legal requirement. After one calendar month has passed since your account deletion request, your account and all of your information will be permanently erased by Binance, and you will not be able to retrieve it.
What type of data does Binance store on me?
Binance can collect a wide range of data from registered users:
● Full names of account holders
● Date of birth
● Email addresses
● User IP addresses
● Account holdings
● Account activity
● Transaction history
● Metadata on how people use the Binance mobile app and website
● Data on which devices are linked to which accounts
● Geolocational data
● Bank details
● Credit and debit card details
What does Binance do with my data?
Binance’s main motive for building a data set around each user is to personalise the ads that show up on your device. Ad targeting changes are made based on a lot of different data: your personal account info, your usage patterns, your location, and more.
But it’s not just your data that shapes your ad feed: Binance compiles the same kinds of data from a variety of users and uses it to optimise when and where it shows you certain ads on other platforms. The additional data that Binance collects helps the company to perform strategic market research, communicate directly with users, and counter suspected misuse.
Why delete my data from Binance?
Binance has suffered a series of breach attempts and there can be little doubt that hackers will continue attempts to compromise your personal data.
If you’re not using Binance any more, or think a fresh profile would be a good thing, you can instruct Binance to delete all the data they have about you and so prevent it from being stolen as a result of a data breach.