Over two years, Binance returned $4.4 billion worth of cryptocurrency to clients.
Bloomberg journalists found that over the past two years, the Binance cryptocurrency exchange has returned $4.4 billion worth of digital assets to clients.
From 2022 to 2023, Binance employees processed 381,616 requests from users who lost access to their coins for the following reasons:
You entered an incorrect wallet address;
We tried to transfer inappropriate coins to the crypto storage;
We encountered problems due to blockchain updates.
To avoid losing virtual currency, Binance experts advise checking the network status, wallet address and list of coins that the crypto storage facility supports before replenishing your balance. Traders who ignored this recommendation and lost their assets can use the service to restore access to cryptocurrency.