I tried to withdraw a large amount from Binance, but it seems restricted. What is the process for large amount withdrawal?

Binance's withdrawal process is contingent on the user's VIP level, determined by the completion of the Know Your Customer (KYC) process. Completing KYC enables users to deposit and withdraw cryptocurrencies through their bank accounts, usually taking 1 – 3 business days. Basic account verification allows a maximum withdrawal of 0.06 BTC, while full verification expands this limit to up to 100 BTC.

Binance's withdrawal limits vary for regular users and VIP levels, ranging from 8,000,000 BUSD for regular users to a gradual increase up to 96,000,000 BUSD for VIP 9. Users can enhance their VIP status by increasing their monthly trading volume, achieving specific thresholds like 5,000,000 and 20,000,000 30-day trading volume in BUSD for VIP 2 and VIP 3 upgrades. VIP members also enjoy a 25% discount when paying with BNB.

For Binance.US, the US-regulated counterpart, withdrawal limits are influenced by regulatory considerations. KYC-completed US citizens can withdraw up to $1 million daily with a fixed $15 fee per transfer. Binance.US deposit limits are set at a maximum of $7.5 million per day via wire transfer and $5,000 via ACH.

This information is derived from recent announcements by Binance. However, it is subject to change by the company's rules and regulations. Please consult the official statements for the most up-to-date information.