This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is gradually transitioning our Dubai users to our locally regulated exchange, Binance Dubai (FZE). This move allows us to better serve users under the Virtual Assets Regulatory Authority (VARA) framework.
As part of the exciting transition, we wanted to notify users that Binance FZE will not support privacy tokens and non-AED fiat currencies. While privacy tokens do not meet the listing requirements under the Virtual Assets Regulatory Authority (VARA) regulatory framework, non-AED fiat currencies are unavailable for operational reasons and may be supported at some point in the future. Please be assured that we are committed to providing users with all the necessary assistance to ensure a smooth transition.
DASH (Dash)
DCR (Decred)
ZEC (Zcash)
XMRUSDT USDⓈ-M perpetual contracts (Monero) only*
*XMR token has already been delisted on 2024-02-06. Refer to the announcement here.
Australian Dollar (AUD)
Argentine Peso (ARS)
Brazilian Real (BRL)
British Pound Sterling (GBP)
Colombian Peso (COP)
Czech Koruna (CZK)
Euro (EUR)
Japanese Yen (JPY)
Polish Zloty (PLN)
Mexican Peso (MXN)
Romanian Leu (RON)
South African Rand (ZAR)
Turkish Lira (TRY)
Ukrainian Hryvnia (UAH)
Pre-Migration Trading: Users can continue to trade or convert their unsupported assets on the Binance global platform until their accounts start transitioning to Binance Dubai. The transitioning period begins at 2025-04-25 00:00 (UTC).
Post-Migration Withdrawals: Once a user’s account has been transferred to the local exchange, they will be able to withdraw privacy tokens until 2025-06-08 00:00 (UTC). Withdrawals of unsupported fiat currencies, however, will be unavailable.
Existing Orders: Orders will be maintained until 2025-06-08 00:00 (UTC). After this date, all existing orders in the affected tokens and currencies will be automatically canceled (see below for more details).
Conversion to USDT: After 2025-06-08 00:00 (UTC), any remaining holdings in unsupported assets will be converted to USDT.
Convert or Withdraw Unsupported Assets: We recommend that users trade, convert or withdraw their assets holdings before migration to avoid any restrictions.
Close Orders and Positions Actively: We strongly advise users to proactively close any open orders and positions.
Algorithms and Bots: Review and adjust any algorithms or bots that may be operating with these assets.
Deposits and Withdrawals:
Unsupported Fiat: Deposits and withdrawals will be restricted.
Privacy Tokens: Deposits will be restricted, while withdrawals will be permitted until 2025-06-08 00:00 (UTC).
Buy Crypto with Credit/Debit Card:
Currency limitations: Buy Crypto via card will be available in a limited number of currencies — AED, USD, and BHD.
Margin Trading:
Closure & Settlement: From 2025-06-08 00:00 (UTC), Binance Margin will close positions, repay liabilities, conduct automatic settlements, and cancel all pending orders for unsupported trading pairs.
Position Updates: Updates to positions will not be possible during the delisting process.
Advisory: Users are strongly advised to close positions or transfer assets from Margin to Spot Accounts before trading ends.
Futures Trading:
New Positions: Opening new positions will be prohibited.
Position Closures: Positions in XMRUSDT, DASHUSDT, and ZECUSDT will begin closing progressively from 2025-06-08 00:00 (UTC) onwards.
Spot & Convert:
Trading Prohibition: Trading (buying and selling) against these tokens and currencies will be stopped from 2025-04-25 00:00 (UTC).
Order Cancellation: All pending orders, including orders using Copy Trading, Trading Bots etc will be canceled at 2025-06-08 00:00 (UTC).
Trading Bots: Binance will terminate Trading Bots services for the affected spot trading pairs on 2025-04-25, where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.
Convert Recurring: Any existing recurring orders users may have in these assets will be closed on 2025-06-05.
Conversion to USDT: After 2025-06-08 00:00 (UTC), any remaining holdings in these unsupported assets will be converted to USDT.
Simple Earn:
New Subscriptions: No new subscriptions will be accessible for these tokens.
Redemption: After 2025-06-08 00:00 (UTC), existing subscriptions involving the unsupported tokens will be redeemed to users’ Spot Accounts with accrued rewards.
Flexible & VIP Loans:
New Loan Orders: Users will not be able to take out any further loans in these unsupported assets as borrowing assets or as collateral post account migration.
Loan Closure: After 2025-06-08 00:00 (UTC), all outstanding loan positions involving these tokens as borrowed assets and collateral assets will be closed.
Loan Repayment: Users are strongly advised to repay their outstanding loans beforehand to avoid potential losses.
Account Holdings:
Conversion to USDT: After 2025-06-08 00:00 (UTC), remaining balances in these tokens will be converted to USDT.
Mining:
Post-migration users will no longer earn ZEC & DASH mining income from Binance Pool, and thus are advised to disable their miner configurations. For any remaining mining income in the Funding Account in these unsupported tokens will be converted to USDT after 2025-06-08 00:00 (UTC).
We encourage users to take immediate action to avoid any inconvenience once their accounts have been migrated to Binance FZE. If users require assistance or have changed their residency outside of Dubai, please contact our 24/7 support team.
Thank you for your support!
Binance Team
2025-04-09
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Binance FZE is licensed by the Dubai Virtual Assets Regulatory Authority (VARA) as a Virtual Asset Service Provider (VASP Reference: VL/24/04/001).
Risk warning: Virtual Asset prices can be extremely volatile. The value of your investment may go down or up and you may lose some or all of the amount invested. You are solely responsible for your investment decisions. Binance is not liable for any trading losses you may incur and your investment does not benefit from any form of financial protection. This communication should not be regarded as financial advice. For more information, see our Terms of Use and Risk Warning.
