Are there any restrictions on who can access and use wallets connected to an exchange platform such as Coinbase or Binance ?
Yes, there are restrictions on who can access and use wallets connected to an exchange platform such as Coinbase or Binance.
Generally, users must be at least 18 years old and have a valid government-issued ID in order to open an account with an exchange. Additionally, some exchanges may require additional information such as proof of address or other forms of identification. In addition to the general requirements for opening an account with an exchange, users must also meet the specific requirements of the NEM crypto project in order to access and use wallets connected to the platform.
For example, users must have a NEM wallet address in order to send and receive funds from the network. Additionally, users must also have a minimum balance of XEM tokens in their wallet in order to use certain features such as voting or creating new accounts. Finally, users must also be aware of any fees associated with using the platform and make sure they are able to cover them before attempting any transactions.
