Important Update for Binance Users in Poland: USDT & USDC Restrictions Coming Soon
Binance has announced significant changes for its users in Poland, effective May 16, 2025. As part of its efforts to comply with local regulations, users will no longer be able to use USDT and USDC in specific products such as futures contracts, margin trading, loans, and Dual Investment offerings. This move is in line with new European Union regulations surrounding stablecoins and their usage within crypto markets.
Key Changes:
From May 16 onwards, Polish traders will be restricted from:
Opening new futures positions settled in USDT/USDC.
Subscribing to new Dual Investment products that involve stablecoins.
Utilizing USDT/USDC as collateral for loans or margin trading.
Trading using USDT or USDC in margin positions.
However, coin-margined contracts (such as those settled in BTC or ETH) will continue to be available, ensuring that there are still crypto-based options for active traders.
What Does This Mean for Traders?
For Binance users in Poland, this restriction will require some adjustments in trading strategies. Users will need to rely on cryptocurrencies like BTC and ETH for margin and collateral positions. Additionally, this change could lead to increased exposure to price volatility, as stablecoins like USDT and USDC are typically used to mitigate such risks. While Binance will not close existing positions involving stablecoins, no new positions can be opened after May 16.
Why the Change?