Binance Introduces Deleted Account Service
Binance has rolled out an innovative solution, the Deleted Account Service, aimed at providing enhanced privacy and improved access to data for its past users. This feature allows individuals whose accounts have been removed to conveniently download their transactional records without the need for previously required formal requests to the company’s Data Protection Office (DPO). The introduction of this tool reflects Binance’s commitment to prioritizing user privacy rights and transparency.
Challenges Faced by Former Users
Many former users face challenges in obtaining their transaction histories after account deletion, particularly for tax documentation or personal financial management. The previous method necessitated contacting the DPO via email, often resulting in a slow response time. With the new service, Binance simplifies this process, enabling users to access their data swiftly without intermediate steps like support tickets or long waiting times.
How to Use the Deleted Account Service
To utilize the Deleted Account Service, individuals must access the corresponding portal on the Binance website. After confirming their identity by inputting the email or phone number linked to their deleted account, they will receive a confirmation code. This code must be entered into the portal, where users will then establish an 8-digit password to secure their data file. Upon completion, a download link will be sent via email, allowing users to download their reports once they input the designated password.
Commitment to User Rights
Developed by Binance’s DPO in response to user feedback, this tool automates the data retrieval system for disregarded accounts, improving the efficiency and convenience of accessing information. This initiative relies on the foundational value of user control over personal data, ensuring that even users who have exited the platform retain rights to their information. For further details regarding Binance’s commitment to privacy and user rights, individuals are encouraged to visit the Binance Privacy Portal or reach out to the DPO for support.