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Binance Assists Philippine Law Enforcement in a Probe Involving $3.75M RansomMain TakeawaysBinance Financial Intelligence Unit (FIU) supported law enforcement in a kidnapping case involving crypto-based ransom laundering.The ransom, approximately USD 3.75 million, was eventually funneled through casino junket operators and digital-asset channels.Binance’s intelligence support enabled crypto investigators to identify several accounts connected to the suspects.Binance’s Financial Intelligence Unit (FIU) recently played an important role in assisting law enforcement of the Philippines with a complex kidnapping-for-ransom investigation. The criminal scheme involved ransom payments moving through multiple financial layers and eventually into cryptocurrency through private casino junket operators – yet, the use of Binance-supplied intelligence helped trace the funds to several suspects. Tracing Ransom Through Layered TransactionsThe case involved $3.75 million in ransom routed through private casino junket operators – third-party entities that organize and facilitate travel and gambling trips for wealthy casino customers. The funds were then dispersed through sophisticated laundering methods. Local authorities encountered major difficulties tracking the funds due to the complexity and layered nature of techniques employed to conceal the transaction trail.Binance FIU worked closely with law enforcement investigators to trace the digital flow of funds. With on-chain analytics, investigators were able to pinpoint suspicious wallet activity and trace the pathways of the laundered money across multiple platforms.“The ransom funds were fragmented across several addresses before ultimately reaching crypto wallets. Binance’s prompt assistance was crucial in helping us advance the investigation,” said an official with the Anti-Cybercrime Group from the Philippine National Police.Targeting Evolving Laundering TechniquesThe money laundering scheme that the criminals employed used a variety of methods before ultimately cashing out via high-risk crypto exchanges. This mirrors a broader trend where criminal networks increasingly exploit both fiat and digital systems to launder ill-gotten funds.Through Binance’s cooperation, authorities were able to trace a portion of the ransom funds on the blockchain. Wallet activity was also linked to offshore gambling operations and suspected transnational criminal actors, broadening the scope of the investigation and potentially increasing the impact of Binance’s intelligence in the fight against crime.As with similar cases, Binance responded swiftly to law enforcement’s request, enabling compliant data sharing and efficient investigative coordination. This approach reflects Binance’s ongoing commitment to global public-private partnerships in the fight against financial crime. Recent successes on this path include Binance’s support for Thailand’s Operation Fox Hunt, which dismantled a criminal syndicate that stole $6 million via fake wallet scams, and the Royal Malaysia Police’s recovery of $1.6 million in a cross-border kidnapping ransom. In the latter case, Binance’s investigators used advanced blockchain analysis to help identify suspects and trace the movement of funds, demonstrating the power of public-private collaboration in tackling digital crime.Final ThoughtsLooking ahead, law enforcement agencies are expected to step up efforts to dismantle the financial infrastructure enabling crypto-related crimes. With a focus on freezing and forfeiting illicit proceeds, authorities are adopting a more assertive and intelligence-led approach to digital asset investigations. It also highlights how public-private partnerships can collectively disrupt sophisticated laundering operations.Binance remains committed to partnering with global law enforcement to trace illicit activity, support victims, and uphold the integrity of the digital finance ecosystem.Further ReadingsBinance Physical Security Team on How to Avoid the Threat of Real-Life AttacksRoyal Malaysia Police Recovers a $1.6 Million Kidnapping Ransom With Support From BinanceCrypto Crime, Compliance, and Collaboration: Binance Shares Insights at Cyberport Blockchain Security Summit 2025

Binance Assists Philippine Law Enforcement in a Probe Involving $3.75M Ransom

Main TakeawaysBinance Financial Intelligence Unit (FIU) supported law enforcement in a kidnapping case involving crypto-based ransom laundering.The ransom, approximately USD 3.75 million, was eventually funneled through casino junket operators and digital-asset channels.Binance’s intelligence support enabled crypto investigators to identify several accounts connected to the suspects.Binance’s Financial Intelligence Unit (FIU) recently played an important role in assisting law enforcement of the Philippines with a complex kidnapping-for-ransom investigation. The criminal scheme involved ransom payments moving through multiple financial layers and eventually into cryptocurrency through private casino junket operators – yet, the use of Binance-supplied intelligence helped trace the funds to several suspects. Tracing Ransom Through Layered TransactionsThe case involved $3.75 million in ransom routed through private casino junket operators – third-party entities that organize and facilitate travel and gambling trips for wealthy casino customers. The funds were then dispersed through sophisticated laundering methods. Local authorities encountered major difficulties tracking the funds due to the complexity and layered nature of techniques employed to conceal the transaction trail.Binance FIU worked closely with law enforcement investigators to trace the digital flow of funds. With on-chain analytics, investigators were able to pinpoint suspicious wallet activity and trace the pathways of the laundered money across multiple platforms.“The ransom funds were fragmented across several addresses before ultimately reaching crypto wallets. Binance’s prompt assistance was crucial in helping us advance the investigation,” said an official with the Anti-Cybercrime Group from the Philippine National Police.Targeting Evolving Laundering TechniquesThe money laundering scheme that the criminals employed used a variety of methods before ultimately cashing out via high-risk crypto exchanges. This mirrors a broader trend where criminal networks increasingly exploit both fiat and digital systems to launder ill-gotten funds.Through Binance’s cooperation, authorities were able to trace a portion of the ransom funds on the blockchain. Wallet activity was also linked to offshore gambling operations and suspected transnational criminal actors, broadening the scope of the investigation and potentially increasing the impact of Binance’s intelligence in the fight against crime.As with similar cases, Binance responded swiftly to law enforcement’s request, enabling compliant data sharing and efficient investigative coordination. This approach reflects Binance’s ongoing commitment to global public-private partnerships in the fight against financial crime. Recent successes on this path include Binance’s support for Thailand’s Operation Fox Hunt, which dismantled a criminal syndicate that stole $6 million via fake wallet scams, and the Royal Malaysia Police’s recovery of $1.6 million in a cross-border kidnapping ransom. In the latter case, Binance’s investigators used advanced blockchain analysis to help identify suspects and trace the movement of funds, demonstrating the power of public-private collaboration in tackling digital crime.Final ThoughtsLooking ahead, law enforcement agencies are expected to step up efforts to dismantle the financial infrastructure enabling crypto-related crimes. With a focus on freezing and forfeiting illicit proceeds, authorities are adopting a more assertive and intelligence-led approach to digital asset investigations. It also highlights how public-private partnerships can collectively disrupt sophisticated laundering operations.Binance remains committed to partnering with global law enforcement to trace illicit activity, support victims, and uphold the integrity of the digital finance ecosystem.Further ReadingsBinance Physical Security Team on How to Avoid the Threat of Real-Life AttacksRoyal Malaysia Police Recovers a $1.6 Million Kidnapping Ransom With Support From BinanceCrypto Crime, Compliance, and Collaboration: Binance Shares Insights at Cyberport Blockchain Security Summit 2025
Scanned and Scammed: Understanding The Face and QR ConsMain TakeawaysScammers are faking Binance support to trick you into sending face videos or scanning QR codes.If you fall into this trap, you will grant the scammers precious access to your accounts. Our teams are on constant alert, but it is down to users to say no to suspicious requests and report red flags immediately. Only use official channels for any Binance-related communications: anything else is likely a scam.Crypto scams are evolving, and scammers are now targeting Binance users with a crafty double play: fake face verification and QR code traps. Often scammers post as Binance’s official support team in order to lure you into submitting your credentials. Binance teams are tracking these threats 24/7, but your quick action is still crucial. In this post, we’ll unpack how these face and QR tricks work, share a cautionary tale, and give you the tools to outsmart the criminals.The Nature of Face and QR ScamsThese scams are all about impersonation and deception. Scammers often use a combination of two tactics to bypass your security.Face Verification Deception: Scammers pretend to be “Binance support” and ask for a face video to “verify” your account. Their ultimate goal is to access your funds, bypassing Binance’s real verification systems using stolen data.QR Login Deception: Criminals send QR codes via WhatsApp, Telegram, or Facebook, claiming they’re for “rewards” or “updates.” Scanning these codes logs them into your Binance account instantly.Both hinge on you trusting the wrong source. One misstep, like sending a video or scanning a code, can lead to a full account takeover.How Face and QR Scams WorkHere’s how these attacks play out.  Face Video TrapsA scammer contacts you on Telegram or email, posing as “Binance support,” asking for a face video to “resolve an issue.”They use the video to mimic you with AI or pair it with stolen data to pass verification.Your account’s unlocked, and your funds are gone.QR Code ConsYou get a message on WhatsApp or Facebook with a QR code for “rewards” or “login help.”As per the function of our QR login feature, scanning this code will automatically sign the scammer into your Binance account.They will transfer your crypto to their wallets before you notice the breach.A stolen phone with Binance access makes it even worse as scammers can combine these tricks for a swift heist.Here’s a real example. A user named Lisa got a WhatsApp message with a QR code promising “Binance rewards.” She scanned it, thinking it was legit. Minutes later, her account was compromised, and her crypto was at risk. She froze it just in time, but it was a close call.These cons thrive on social media and messaging apps, where scammers impersonate us with pushy “support” messages or enticing offers. Whether it’s a video request or a QR code, their goal is the same: to sneak past your defenses and drain your wallet.A “reward” QR code could be a scammer’s key to your account.Targets: Crypto Users WorldwideAnyone can fall for these scams, but users on social media platforms like WhatsApp, Telegram, and Facebook are prime targets. Regions with high device theft rates, like busy cities or travel hubs, face extra risk, especially for phones that aren't locked down. If you’re quick to trust “support” or scan codes, scammers are going to exploit this trust mercilessly.Secure your device to block these tricks.Binance Risk Team’s Ongoing EffortsWe’re fighting these threats around the clock with a range of measures:Threat Monitoring: Our team tracks fake support accounts and malicious QR code distributors, shutting them down fast.Official Channels: We only ask for videos or provide QR codes through verified sources – our app or the binance.com website.Rapid Response: Lost a device? Our 24/7 support is here to freeze your account and block potential losses.We’re staying ahead, but your caution is still your best ally.How to Protect YourselfFight back and stay safe with this 3-step safety checklist:Say No to Videos: “Support” asking for a face video on social media? It’s a scam – ignore it and report to us.Don’t Scan QR Codes: Random codes for Binance “rewards” or “help”? Don’t touch them, verify with binance.com/en/official-verification and let our Support team know ASAP.Secure Your Device: Use strong passwords and 2FA. Phone stolen with Binance access? Contact us right away to stop the crooks.Pro Tip: Only trust QR codes from our official site or app, anything else is suspect.Final ThoughtsFace and QR scams are criminals’ latest moves to snatch your Binance account, and they’re counting on you to be vulnerable to attacks. These attacks can be slick, but you’re smarter. Stick to official channels, reject suspicious offers, and lock down your devices. Binance’s support teams are here for you 24/7, but you are always the first line of defense. Be the hero of your own crypto journey. Outsmart the bad guys and keep your crypto safe by following our recommendations. Further ReadingDon’t Let AI Steal Your Face or Crypto: A Close-Up on the Face Attack ThreatGone Phishing: Don’t Let Scammers Hook Your Binance AccountWeb3 Security: Avoiding the Sticky Trap of Honeypot Scams

Scanned and Scammed: Understanding The Face and QR Cons

Main TakeawaysScammers are faking Binance support to trick you into sending face videos or scanning QR codes.If you fall into this trap, you will grant the scammers precious access to your accounts. Our teams are on constant alert, but it is down to users to say no to suspicious requests and report red flags immediately. Only use official channels for any Binance-related communications: anything else is likely a scam.Crypto scams are evolving, and scammers are now targeting Binance users with a crafty double play: fake face verification and QR code traps. Often scammers post as Binance’s official support team in order to lure you into submitting your credentials. Binance teams are tracking these threats 24/7, but your quick action is still crucial. In this post, we’ll unpack how these face and QR tricks work, share a cautionary tale, and give you the tools to outsmart the criminals.The Nature of Face and QR ScamsThese scams are all about impersonation and deception. Scammers often use a combination of two tactics to bypass your security.Face Verification Deception: Scammers pretend to be “Binance support” and ask for a face video to “verify” your account. Their ultimate goal is to access your funds, bypassing Binance’s real verification systems using stolen data.QR Login Deception: Criminals send QR codes via WhatsApp, Telegram, or Facebook, claiming they’re for “rewards” or “updates.” Scanning these codes logs them into your Binance account instantly.Both hinge on you trusting the wrong source. One misstep, like sending a video or scanning a code, can lead to a full account takeover.How Face and QR Scams WorkHere’s how these attacks play out.  Face Video TrapsA scammer contacts you on Telegram or email, posing as “Binance support,” asking for a face video to “resolve an issue.”They use the video to mimic you with AI or pair it with stolen data to pass verification.Your account’s unlocked, and your funds are gone.QR Code ConsYou get a message on WhatsApp or Facebook with a QR code for “rewards” or “login help.”As per the function of our QR login feature, scanning this code will automatically sign the scammer into your Binance account.They will transfer your crypto to their wallets before you notice the breach.A stolen phone with Binance access makes it even worse as scammers can combine these tricks for a swift heist.Here’s a real example. A user named Lisa got a WhatsApp message with a QR code promising “Binance rewards.” She scanned it, thinking it was legit. Minutes later, her account was compromised, and her crypto was at risk. She froze it just in time, but it was a close call.These cons thrive on social media and messaging apps, where scammers impersonate us with pushy “support” messages or enticing offers. Whether it’s a video request or a QR code, their goal is the same: to sneak past your defenses and drain your wallet.A “reward” QR code could be a scammer’s key to your account.Targets: Crypto Users WorldwideAnyone can fall for these scams, but users on social media platforms like WhatsApp, Telegram, and Facebook are prime targets. Regions with high device theft rates, like busy cities or travel hubs, face extra risk, especially for phones that aren't locked down. If you’re quick to trust “support” or scan codes, scammers are going to exploit this trust mercilessly.Secure your device to block these tricks.Binance Risk Team’s Ongoing EffortsWe’re fighting these threats around the clock with a range of measures:Threat Monitoring: Our team tracks fake support accounts and malicious QR code distributors, shutting them down fast.Official Channels: We only ask for videos or provide QR codes through verified sources – our app or the binance.com website.Rapid Response: Lost a device? Our 24/7 support is here to freeze your account and block potential losses.We’re staying ahead, but your caution is still your best ally.How to Protect YourselfFight back and stay safe with this 3-step safety checklist:Say No to Videos: “Support” asking for a face video on social media? It’s a scam – ignore it and report to us.Don’t Scan QR Codes: Random codes for Binance “rewards” or “help”? Don’t touch them, verify with binance.com/en/official-verification and let our Support team know ASAP.Secure Your Device: Use strong passwords and 2FA. Phone stolen with Binance access? Contact us right away to stop the crooks.Pro Tip: Only trust QR codes from our official site or app, anything else is suspect.Final ThoughtsFace and QR scams are criminals’ latest moves to snatch your Binance account, and they’re counting on you to be vulnerable to attacks. These attacks can be slick, but you’re smarter. Stick to official channels, reject suspicious offers, and lock down your devices. Binance’s support teams are here for you 24/7, but you are always the first line of defense. Be the hero of your own crypto journey. Outsmart the bad guys and keep your crypto safe by following our recommendations. Further ReadingDon’t Let AI Steal Your Face or Crypto: A Close-Up on the Face Attack ThreatGone Phishing: Don’t Let Scammers Hook Your Binance AccountWeb3 Security: Avoiding the Sticky Trap of Honeypot Scams
Introducing MirrorRSV: Trade on Binance, Custody Off ExchangeMain TakeawaysMirrorRSV is the latest off-exchange settlement solution from Ceffu, Binance’s institutional custody partner, enabling trading on the exchange while keeping assets in cold storage.It’s built for institutions that prioritize on-chain transparency and segregated off-exchange asset custody, effectively mitigating counterparty risks.You get institutional-grade security and auditability — all while trading on Binance without moving assets onto the exchange.Note: This is a general announcement. Certain products and services may not be available in your region.Institutions need more than just deep liquidity. They need solutions that allow them to better manage risk and further scale their activity. After strong uptake of MirrorX — Ceffu’s flagship off-exchange third-party custody solution launched in 2023 — they’re now introducing the next step in its evolution: MirrorRSV. It offers the same seamless access to Binance, but with assets held in segregated cold wallets, verifiable on chain.What Is MirrorRSV?MirrorRSV (pronounced “Mirror Reserve”) is Ceffu’s latest off-exchange settlement solution for VIP and Institutional clients — built for those who need on-chain verifiable cold storage without giving up capital efficiency or access to Binance’s liquidity.Developed by Ceffu, our preferred institutional custody partner, MirrorRSV allows you to trade on Binance while your assets remain securely held in dedicated cold wallets, with full on-chain transparency at all times.When a client delegates assets from their cold custodial wallet via MirrorRSV, the digital assets are securely locked and simultaneously, a representative token is credited to their Binance account at a 1:1 ratio. These tokens are recognized as the native asset, enabling seamless trading across Portfolio Margin, Margin, and Futures with preferred strategies and speed. Upon exiting a trading position and settling it, the corresponding representative tokens are debited from the client’s Binance account, after which the client can freely access and withdraw their assets from their cold custodial wallet on Ceffu.MirrorRSV offers an enhanced custody option for clients who require greater asset segregation, auditability, and compliance support.Why Use MirrorRSV?For clients focused on mitigating counterparty risks, prioritizing on-chain transparency, and ensuring dedicated cold storage, MirrorRSV offers a secure and efficient way to access Binance — without compromising on control or compliance readiness. Here’s what it offers:Cold Storage SecurityYour assets stay in Ceffu’s Qualified Wallets — institutional-grade cold storage designed to eliminate single points of failure. Secured by multi-party computation (MPC) and strict access controls, these wallets offer deep-layer protection trusted by some of the most risk-aware clients in the market.On-Chain VerifiabilityEach wallet has its own blockchain address, giving you real-time visibility over your holdings. Whether you’re preparing an audit, meeting internal governance checks, or reassuring investors, you’ll always be able to show exactly where your assets are.Segregated CustodyUnlike pooled solutions, MirrorRSV gives you a dedicated wallet that belongs exclusively to you. This provides clear, dedicated custody that simplifies oversight and strengthens internal controls. Such transparency delivers a significant operational advantage.Reduced Counterparty RiskKeeping assets off-exchange mitigates counterparty risk exposure without sacrificing access. You retain full access to Binance’s deep liquidity, while custody is securely maintained by a third-party custodian. This approach enables you to meet internal risk thresholds while ensuring fast execution.Full Capital EfficiencyWith 1:1 mirrored tokens, your capital stays productive. No delays from on-chain transfers, no waiting to deploy funds. Whether you’re rebalancing, scaling positions, or managing leverage, MirrorRSV keeps your operations fast and frictionless.How to Get Started with MirrorRSVTo explore MirrorRSV further or to request a personalized demo, please contact your designated key account representative or get in touch with us via our contact form. If you are not yet a Binance VIP or Institutional client and would like to explore our exclusive program, please visit How to Become a Binance VIP.Final ThoughtsAs institutional needs evolve, so should the custody tools that support them. MirrorRSV expands the off-exchange options available through Binance by offering a cold-storage solution designed for clients who prioritize asset segregation and on-chain transparency.It complements MirrorX, which continues to serve clients who value broader token access and faster daily settlement. Together, they offer a custody framework that adapts to different risk profiles and operational strategies.MirrorRSV is ideal for TradFi and crypto-native institutions alike with stricter controls, project teams needing real-time proof-of-assets, and clients with specific regulatory or audit requirements. Whether you’re managing investor funds or upgrading your custody setup, MirrorRSV gives you security, visibility, and control — all without compromising access.Further ReadingWhat Is the Binance VIP Program?How to Become a Binance VIPKeep Your Institutional Assets in Third-Party Custody When TradingDisclaimer: Content from Ceffu is presented to you on an "as is" basis for general information purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. Features and benefits are subject to the MirrorRSV legal agreements, including fees and restrictions. Ceffu and Binance may modify or terminate the service without notice. Clients should review legal agreements and seek independent advice. Unless otherwise stated, Binance is not responsible for the provision of any services offered by Ceffu and is not liable for any losses you may incur from using the Ceffu services. For more information, see our Terms of Use and Risk Warning.

Introducing MirrorRSV: Trade on Binance, Custody Off Exchange

Main TakeawaysMirrorRSV is the latest off-exchange settlement solution from Ceffu, Binance’s institutional custody partner, enabling trading on the exchange while keeping assets in cold storage.It’s built for institutions that prioritize on-chain transparency and segregated off-exchange asset custody, effectively mitigating counterparty risks.You get institutional-grade security and auditability — all while trading on Binance without moving assets onto the exchange.Note: This is a general announcement. Certain products and services may not be available in your region.Institutions need more than just deep liquidity. They need solutions that allow them to better manage risk and further scale their activity. After strong uptake of MirrorX — Ceffu’s flagship off-exchange third-party custody solution launched in 2023 — they’re now introducing the next step in its evolution: MirrorRSV. It offers the same seamless access to Binance, but with assets held in segregated cold wallets, verifiable on chain.What Is MirrorRSV?MirrorRSV (pronounced “Mirror Reserve”) is Ceffu’s latest off-exchange settlement solution for VIP and Institutional clients — built for those who need on-chain verifiable cold storage without giving up capital efficiency or access to Binance’s liquidity.Developed by Ceffu, our preferred institutional custody partner, MirrorRSV allows you to trade on Binance while your assets remain securely held in dedicated cold wallets, with full on-chain transparency at all times.When a client delegates assets from their cold custodial wallet via MirrorRSV, the digital assets are securely locked and simultaneously, a representative token is credited to their Binance account at a 1:1 ratio. These tokens are recognized as the native asset, enabling seamless trading across Portfolio Margin, Margin, and Futures with preferred strategies and speed. Upon exiting a trading position and settling it, the corresponding representative tokens are debited from the client’s Binance account, after which the client can freely access and withdraw their assets from their cold custodial wallet on Ceffu.MirrorRSV offers an enhanced custody option for clients who require greater asset segregation, auditability, and compliance support.Why Use MirrorRSV?For clients focused on mitigating counterparty risks, prioritizing on-chain transparency, and ensuring dedicated cold storage, MirrorRSV offers a secure and efficient way to access Binance — without compromising on control or compliance readiness. Here’s what it offers:Cold Storage SecurityYour assets stay in Ceffu’s Qualified Wallets — institutional-grade cold storage designed to eliminate single points of failure. Secured by multi-party computation (MPC) and strict access controls, these wallets offer deep-layer protection trusted by some of the most risk-aware clients in the market.On-Chain VerifiabilityEach wallet has its own blockchain address, giving you real-time visibility over your holdings. Whether you’re preparing an audit, meeting internal governance checks, or reassuring investors, you’ll always be able to show exactly where your assets are.Segregated CustodyUnlike pooled solutions, MirrorRSV gives you a dedicated wallet that belongs exclusively to you. This provides clear, dedicated custody that simplifies oversight and strengthens internal controls. Such transparency delivers a significant operational advantage.Reduced Counterparty RiskKeeping assets off-exchange mitigates counterparty risk exposure without sacrificing access. You retain full access to Binance’s deep liquidity, while custody is securely maintained by a third-party custodian. This approach enables you to meet internal risk thresholds while ensuring fast execution.Full Capital EfficiencyWith 1:1 mirrored tokens, your capital stays productive. No delays from on-chain transfers, no waiting to deploy funds. Whether you’re rebalancing, scaling positions, or managing leverage, MirrorRSV keeps your operations fast and frictionless.How to Get Started with MirrorRSVTo explore MirrorRSV further or to request a personalized demo, please contact your designated key account representative or get in touch with us via our contact form. If you are not yet a Binance VIP or Institutional client and would like to explore our exclusive program, please visit How to Become a Binance VIP.Final ThoughtsAs institutional needs evolve, so should the custody tools that support them. MirrorRSV expands the off-exchange options available through Binance by offering a cold-storage solution designed for clients who prioritize asset segregation and on-chain transparency.It complements MirrorX, which continues to serve clients who value broader token access and faster daily settlement. Together, they offer a custody framework that adapts to different risk profiles and operational strategies.MirrorRSV is ideal for TradFi and crypto-native institutions alike with stricter controls, project teams needing real-time proof-of-assets, and clients with specific regulatory or audit requirements. Whether you’re managing investor funds or upgrading your custody setup, MirrorRSV gives you security, visibility, and control — all without compromising access.Further ReadingWhat Is the Binance VIP Program?How to Become a Binance VIPKeep Your Institutional Assets in Third-Party Custody When TradingDisclaimer: Content from Ceffu is presented to you on an "as is" basis for general information purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. Features and benefits are subject to the MirrorRSV legal agreements, including fees and restrictions. Ceffu and Binance may modify or terminate the service without notice. Clients should review legal agreements and seek independent advice. Unless otherwise stated, Binance is not responsible for the provision of any services offered by Ceffu and is not liable for any losses you may incur from using the Ceffu services. For more information, see our Terms of Use and Risk Warning.
Introducing Binance UI Refined: Build Your Personalized Homepage with Customizable Widgets, AI InsightsMain TakeawaysBinance UI Refined is a complete redesign of the Binance App Pro Mode homepage, built to give you more control, clarity, and personalization.Customize your homepage layout with drag-and-drop widgets and enjoy a smarter interface that adapts to your trading style.Harness the power of AI to aggregate social sentiment, enabling you to identify and take advantage of the hottest market trends in a single glance.This is a general announcement. Products and services referred to here may not be available in your region.As Binance approaches its 8th anniversary, we’re taking a big step forward in how users experience the app — starting with a complete redesign of the Binance App Pro Mode homepage.We’ve refined the interface from the ground up to give traders more control, greater personalization, and a cleaner, more intuitive layout. Whether you’re a seasoned pro or just exploring our tools for the first time, the new homepage is built to work the way you do. Crypto moves fast. Your tools should too.In this blog, we’ll walk you through why we’ve transformed the app homepage experience, the vision behind this change, and the three key benefits of Binance UI Refined: smarter personalization, full layout control, and a sleek, modern design.What is Binance UI Refined?Binance UI Refined is a major upgrade to the Pro Mode homepage — a complete redesign of how users interact with the most important part of the Binance App.Built around personalization, flexibility, and clarity, Binance UI Refined introduces a dynamic new layout that adapts to your trading style. Whether you’re focused on spot markets, tracking ETF flows, or simply monitoring your favourite tokens, the new homepage gives you full control over what you see and how it’s displayed.At the heart of Binance UI Refined are three core enhancements:A widget-based interface you can customize by dragging, resizing, and reordering tools.AI-driven insights that aggregate the hottest market trends, empowering you to take advantage of new opportunities.A sleeker visual design with cleaner typography, refined icons, and a new Midnight Black mode theme.Together, these changes make the Pro experience smarter, more intuitive, and built around your needs — not someone else’s default.Why Binance Redesigned the Binance UIThis transformation didn’t come out of nowhere. It’s the result of years of feedback from our most active users.Pro traders told us they wanted more control over their workspace. New users wanted a cleaner, less cluttered starting point. And across the board, users asked for a smarter, more streamlined interface that could keep up with the way they trade today.Binance UI Refined is our answer to those requests. It gives you the power to shape your homepage around your habits and preferences, putting the tools you use most front and center while keeping everything else out of the way.It also marks the beginning of a more unified, user-first design approach across the Binance App. With improved consistency, better accessibility, and a visual language that scales, this upgrade lays the groundwork for future enhancements — all designed to make your Binance experience feel more effortless, no matter how you trade.Three New Features in the Binance UI Refined ExperienceBinance UI Refined is more than a visual refresh — it’s a shift in how users interact with Pro Mode. At the heart of this transformation are three core upgrades that redefine what your app homepage can do:1 / Customizable Widget-Based LayoutYour homepage, your way. With Binance UI Refined, you can build your own layout using a flexible grid system. Add widgets. Resize them. Move them where you want. From price trackers and sentiment signals to top trader insights, your homepage now fits your trading style — not the other way around.2 / AI-Driven Personalization and InsightsYour homepage can now be adapted to you. Binance UI Refined uses AI to process your trading habits and surface the tools, assets, and layouts that matter most to you.It also introduces the AI Trending Widget, which tracks market sentiment in real time by analyzing social chatter from X and Binance Square. See which tokens are heating up or cooling down, and access AI-generated summaries of the top signals.3 / Sleeker, Futuristic DesignA modern look for modern trading. We’ve refreshed the entire visual language — from typography and spacing to icons and themes. The new “Midnight Black” dark mode offers better focus and reduced eye strain, while the overall layout feels lighter, clearer, and more professional.Want to go deeper?To help you get more familiar with everything that’s new, we’ll be rolling out a short blog series in the near future. These posts will walk you through the updated layout system, new widgets, and the thinking behind our refreshed design — so you can make the most of every feature, at your own pace.Final ThoughtsBinance UI Refined redefines what the Pro Mode homepage can be: not just a place to start your trading day, but a space that evolves with you. With smarter personalization, customizable layouts, and a fresh, modern interface, it’s designed to give you more control, more clarity, and a more intuitive trading experience.This launch marks yet another step forward in how users experience Binance. It brings together months of design, feedback, and engineering into a single, seamless upgrade — one built to make your app more powerful, more personal, more yours.And it arrives at the perfect time. As Binance celebrates its 8th anniversary this July, this is more than a new look. It’s a thank you to our community. A celebration of how far we’ve come. And a step forward in our mission to build tools that put you in control. Your new homepage is here. Explore it now in Pro Mode on the Binance App.Further ReadingUnpacking Binance Lite and Pro: Which App Mode is for You?How to Use the Pro Version on the Binance App to Buy and Sell CryptoHow We’re Building the Industry’s Most User-Centric TechnologyDisclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

Introducing Binance UI Refined: Build Your Personalized Homepage with Customizable Widgets, AI Insights

Main TakeawaysBinance UI Refined is a complete redesign of the Binance App Pro Mode homepage, built to give you more control, clarity, and personalization.Customize your homepage layout with drag-and-drop widgets and enjoy a smarter interface that adapts to your trading style.Harness the power of AI to aggregate social sentiment, enabling you to identify and take advantage of the hottest market trends in a single glance.This is a general announcement. Products and services referred to here may not be available in your region.As Binance approaches its 8th anniversary, we’re taking a big step forward in how users experience the app — starting with a complete redesign of the Binance App Pro Mode homepage.We’ve refined the interface from the ground up to give traders more control, greater personalization, and a cleaner, more intuitive layout. Whether you’re a seasoned pro or just exploring our tools for the first time, the new homepage is built to work the way you do. Crypto moves fast. Your tools should too.In this blog, we’ll walk you through why we’ve transformed the app homepage experience, the vision behind this change, and the three key benefits of Binance UI Refined: smarter personalization, full layout control, and a sleek, modern design.What is Binance UI Refined?Binance UI Refined is a major upgrade to the Pro Mode homepage — a complete redesign of how users interact with the most important part of the Binance App.Built around personalization, flexibility, and clarity, Binance UI Refined introduces a dynamic new layout that adapts to your trading style. Whether you’re focused on spot markets, tracking ETF flows, or simply monitoring your favourite tokens, the new homepage gives you full control over what you see and how it’s displayed.At the heart of Binance UI Refined are three core enhancements:A widget-based interface you can customize by dragging, resizing, and reordering tools.AI-driven insights that aggregate the hottest market trends, empowering you to take advantage of new opportunities.A sleeker visual design with cleaner typography, refined icons, and a new Midnight Black mode theme.Together, these changes make the Pro experience smarter, more intuitive, and built around your needs — not someone else’s default.Why Binance Redesigned the Binance UIThis transformation didn’t come out of nowhere. It’s the result of years of feedback from our most active users.Pro traders told us they wanted more control over their workspace. New users wanted a cleaner, less cluttered starting point. And across the board, users asked for a smarter, more streamlined interface that could keep up with the way they trade today.Binance UI Refined is our answer to those requests. It gives you the power to shape your homepage around your habits and preferences, putting the tools you use most front and center while keeping everything else out of the way.It also marks the beginning of a more unified, user-first design approach across the Binance App. With improved consistency, better accessibility, and a visual language that scales, this upgrade lays the groundwork for future enhancements — all designed to make your Binance experience feel more effortless, no matter how you trade.Three New Features in the Binance UI Refined ExperienceBinance UI Refined is more than a visual refresh — it’s a shift in how users interact with Pro Mode. At the heart of this transformation are three core upgrades that redefine what your app homepage can do:1 / Customizable Widget-Based LayoutYour homepage, your way. With Binance UI Refined, you can build your own layout using a flexible grid system. Add widgets. Resize them. Move them where you want. From price trackers and sentiment signals to top trader insights, your homepage now fits your trading style — not the other way around.2 / AI-Driven Personalization and InsightsYour homepage can now be adapted to you. Binance UI Refined uses AI to process your trading habits and surface the tools, assets, and layouts that matter most to you.It also introduces the AI Trending Widget, which tracks market sentiment in real time by analyzing social chatter from X and Binance Square. See which tokens are heating up or cooling down, and access AI-generated summaries of the top signals.3 / Sleeker, Futuristic DesignA modern look for modern trading. We’ve refreshed the entire visual language — from typography and spacing to icons and themes. The new “Midnight Black” dark mode offers better focus and reduced eye strain, while the overall layout feels lighter, clearer, and more professional.Want to go deeper?To help you get more familiar with everything that’s new, we’ll be rolling out a short blog series in the near future. These posts will walk you through the updated layout system, new widgets, and the thinking behind our refreshed design — so you can make the most of every feature, at your own pace.Final ThoughtsBinance UI Refined redefines what the Pro Mode homepage can be: not just a place to start your trading day, but a space that evolves with you. With smarter personalization, customizable layouts, and a fresh, modern interface, it’s designed to give you more control, more clarity, and a more intuitive trading experience.This launch marks yet another step forward in how users experience Binance. It brings together months of design, feedback, and engineering into a single, seamless upgrade — one built to make your app more powerful, more personal, more yours.And it arrives at the perfect time. As Binance celebrates its 8th anniversary this July, this is more than a new look. It’s a thank you to our community. A celebration of how far we’ve come. And a step forward in our mission to build tools that put you in control. Your new homepage is here. Explore it now in Pro Mode on the Binance App.Further ReadingUnpacking Binance Lite and Pro: Which App Mode is for You?How to Use the Pro Version on the Binance App to Buy and Sell CryptoHow We’re Building the Industry’s Most User-Centric TechnologyDisclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
Thinking Through Ups and Downs – Gambler’s Fallacy and Self-Attribution BiasMain TakeawaysThe gambler’s fallacy leads us to expect reversals after streaks, while self-attribution bias makes us over-credit wins and excuse losses, distorting our understanding of probabilities and skill.Together, they feed the illusion of control, pushing traders toward gambling-like behavior that can spiral into overconfidence – and potentially, major losses.Replace the illusion of control with real control by tracking your reasoning, building reflection into your process, and creating space between impulse and action.Believing a bounce is “due” after a dip is like betting on rain today because it’s been sunny all week. Taking full credit for a lucky win is like claiming you control the weather because it didn’t rain on your picnic today. These aren’t just harmless thought patterns – they shape how we interpret cause and effect and make sense of our own abilities. In the context of trading, they can subtly distort how we read market signals, assess risk, and react to wins or losses – laying the groundwork for behavior that feels strategic but is in fact closer to gambling.In this edition of Thinking Through Ups and Downs, we’re digging into the gambler’s fallacy and self-attribution bias – a combo that can quietly nudge traders into treating markets like a game of chance. These patterns build on themselves, reinforcing behavior that feels rational in the moment but can spiral into overconfidence, risky decisions, and major losses. Let’s break down how they take root, how they show up in crypto, and how to spot the signs before you get swept up by the illusion of control and trapped in a losing streak.Psychology Behind the Illusion of ControlSome gamblers believe slot machines eventually get “full” and are bound to pay out – but in reality, each spin is independent from one another, and a win is never guaranteed. The same goes for markets. No matter how many red candles you’ve seen, it doesn’t mean a green one is “due.”This belief likely stems from the gambler’s fallacy – the idea that after a streak of losses, a win is expected. It’s rooted in our instinct to find patterns in randomness. In gambling, it’s thinking heads are more likely after a run of tails. In crypto, it’s expecting a bounce after a dip – when in reality, price movements are often influenced by new information, not some built-in balance.While the gambler’s fallacy tricks us into seeing patterns when none exist, self-attribution bias distorts how we interpret those outcomes. It nudges us to take credit for wins (“I knew it would bounce!”) while blaming losses on bad luck or external forces (“That influencer wrecked it!”) This mindset may be comforting in the moment, but it short-circuits learning by leaving no room for honest reflection – inflating our ego and sense of skill, falsely interpreting lucky guesses as evidence of ability, which reinforces overconfidence and validates risky habits.Together, these two biases can reinforce a dangerous illusion of control. When we think patterns are predictable and believe we’re the reason behind positive outcomes, it becomes easy to see ourselves as being “in tune” with the market. This false confidence encourages trading based on gut feelings, streaks, or hunches – not sound strategies – and sets the stage for painful, avoidable losses.A Crypto Case StudyImagine a trader who lands a few quick wins on meme coins. “I’ve got a knack for this,” they think. Riding the high, they start placing bigger bets, convinced the streak will continue. But then come the red candles – and within hours, their portfolio is down 90%. “It’s just temporary,” they insist. “It has to bounce, I’ve done this before.”Here, the gambler’s fallacy whispers that a rebound is inevitable – even when the fundamentals suggest otherwise. Meanwhile, a self-attribution bias cushions the ego from the sting of losses. Rather than pausing to reassess, the trader doubles down, convinced that past wins prove their skill and current losses are just bad luck. The result? A string of increasingly risky decisions, deeper losses, and a growing disconnect from reality.Eventually, frustration sets in. Instead of recognizing their own biases, the trader may shift the blame onto memecoins themselves – conveniently failing to factor in their inherently volatile nature. Disappointment can spiral into resentment, leading to sweeping conclusions like “all memecoins are scams.” Once bitten, twice shy – but in this case, the sting fuels a biased mindset rather than offering insights.Shattering the Illusion of ControlTo counter the illusion of control, it helps to shift focus from feeling in charge to staying grounded in process. A good starting point is to log your actual reasoning behind a trade – not just the numbers. Ask yourself: What’s my thesis? What’s this trade based on? Then, revisit it later to see if the outcome aligned with your logic, or if it was just lucky timing. This habit helps distinguish real insight from flukes.But even solid reasoning can get hijacked by overconfidence – especially after a win. That’s where second-order journaling comes in. Don’t just note why you made the trade, but also why you believed your reason was valid. Did you critically test your assumptions, or just go with a gut feeling that sounded smart?To make space for that reflection, build friction between idea and execution. Add a 20-minute cooldown before acting and run through a simple checklist – trend, volume, external catalysts. This disrupts impulse-driven trades and gives your rational side time to weigh in – and if you’re using Binance Futures, the opt-in Cooling-Off Period can help make that pause a habit.Another smart tactic is to set a “confidence budget.” Limit yourself to a specific number of high-conviction bets per month. Once you hit that cap, it’s a signal to pause and review whether you’re operating from sound judgment or slipping into bias-fueled momentum.Finally, after a winning streak, create a “win quarantine.” Step away for a few hours or even a day. It might feel counterintuitive, but it helps reset your mental state – breaking the illusion that you’ve somehow completely “figured out” the market, which insulates you from reckless follow-ups. A recent study shows that taking a break from technology may dramatically lower stress levels, which in turn boosts business efficacy. This means that stepping back isn’t slacking, it’s sharpening.Together, these practices build awareness, inject discipline, and give you back what the gambler’s fallacy and self-attribution bias steal – clarity and rationality.Final ThoughtsWhen the gambler’s fallacy and self-attribution bias take the wheel, trading starts to resemble gambling, not strategy. The former lures us into believing ups and downs are predictable while the latter tricks us into crediting ourselves for outcomes we barely had any insight into. Together, they build a compelling illusion of control.However, charts don’t “even out” over time, and confidence doesn’t equate to mastery. Breaking free means learning to recognize when your mindset has shifted from analysis to anticipation. Instead, focus on process, not prediction, by tracking your reasoning, not just your wins. Don’t just reflect on what you got right – challenge why you thought you were right.The most consistent traders don’t chase patterns or credit luck as skill. They pause, review, adapt. And that clarity – not perceived control – is what gives them the edge.Further ReadingScience Behind Crypto Misconceptions: Status Quo Bias & Endowment EffectThe Long Game of Crypto: Understanding Crypto Market CyclesAutomate Your Crypto Trading With Grid Trading Bots on Binance – a 2025 Beginner’s Guide

Thinking Through Ups and Downs – Gambler’s Fallacy and Self-Attribution Bias

Main TakeawaysThe gambler’s fallacy leads us to expect reversals after streaks, while self-attribution bias makes us over-credit wins and excuse losses, distorting our understanding of probabilities and skill.Together, they feed the illusion of control, pushing traders toward gambling-like behavior that can spiral into overconfidence – and potentially, major losses.Replace the illusion of control with real control by tracking your reasoning, building reflection into your process, and creating space between impulse and action.Believing a bounce is “due” after a dip is like betting on rain today because it’s been sunny all week. Taking full credit for a lucky win is like claiming you control the weather because it didn’t rain on your picnic today. These aren’t just harmless thought patterns – they shape how we interpret cause and effect and make sense of our own abilities. In the context of trading, they can subtly distort how we read market signals, assess risk, and react to wins or losses – laying the groundwork for behavior that feels strategic but is in fact closer to gambling.In this edition of Thinking Through Ups and Downs, we’re digging into the gambler’s fallacy and self-attribution bias – a combo that can quietly nudge traders into treating markets like a game of chance. These patterns build on themselves, reinforcing behavior that feels rational in the moment but can spiral into overconfidence, risky decisions, and major losses. Let’s break down how they take root, how they show up in crypto, and how to spot the signs before you get swept up by the illusion of control and trapped in a losing streak.Psychology Behind the Illusion of ControlSome gamblers believe slot machines eventually get “full” and are bound to pay out – but in reality, each spin is independent from one another, and a win is never guaranteed. The same goes for markets. No matter how many red candles you’ve seen, it doesn’t mean a green one is “due.”This belief likely stems from the gambler’s fallacy – the idea that after a streak of losses, a win is expected. It’s rooted in our instinct to find patterns in randomness. In gambling, it’s thinking heads are more likely after a run of tails. In crypto, it’s expecting a bounce after a dip – when in reality, price movements are often influenced by new information, not some built-in balance.While the gambler’s fallacy tricks us into seeing patterns when none exist, self-attribution bias distorts how we interpret those outcomes. It nudges us to take credit for wins (“I knew it would bounce!”) while blaming losses on bad luck or external forces (“That influencer wrecked it!”) This mindset may be comforting in the moment, but it short-circuits learning by leaving no room for honest reflection – inflating our ego and sense of skill, falsely interpreting lucky guesses as evidence of ability, which reinforces overconfidence and validates risky habits.Together, these two biases can reinforce a dangerous illusion of control. When we think patterns are predictable and believe we’re the reason behind positive outcomes, it becomes easy to see ourselves as being “in tune” with the market. This false confidence encourages trading based on gut feelings, streaks, or hunches – not sound strategies – and sets the stage for painful, avoidable losses.A Crypto Case StudyImagine a trader who lands a few quick wins on meme coins. “I’ve got a knack for this,” they think. Riding the high, they start placing bigger bets, convinced the streak will continue. But then come the red candles – and within hours, their portfolio is down 90%. “It’s just temporary,” they insist. “It has to bounce, I’ve done this before.”Here, the gambler’s fallacy whispers that a rebound is inevitable – even when the fundamentals suggest otherwise. Meanwhile, a self-attribution bias cushions the ego from the sting of losses. Rather than pausing to reassess, the trader doubles down, convinced that past wins prove their skill and current losses are just bad luck. The result? A string of increasingly risky decisions, deeper losses, and a growing disconnect from reality.Eventually, frustration sets in. Instead of recognizing their own biases, the trader may shift the blame onto memecoins themselves – conveniently failing to factor in their inherently volatile nature. Disappointment can spiral into resentment, leading to sweeping conclusions like “all memecoins are scams.” Once bitten, twice shy – but in this case, the sting fuels a biased mindset rather than offering insights.Shattering the Illusion of ControlTo counter the illusion of control, it helps to shift focus from feeling in charge to staying grounded in process. A good starting point is to log your actual reasoning behind a trade – not just the numbers. Ask yourself: What’s my thesis? What’s this trade based on? Then, revisit it later to see if the outcome aligned with your logic, or if it was just lucky timing. This habit helps distinguish real insight from flukes.But even solid reasoning can get hijacked by overconfidence – especially after a win. That’s where second-order journaling comes in. Don’t just note why you made the trade, but also why you believed your reason was valid. Did you critically test your assumptions, or just go with a gut feeling that sounded smart?To make space for that reflection, build friction between idea and execution. Add a 20-minute cooldown before acting and run through a simple checklist – trend, volume, external catalysts. This disrupts impulse-driven trades and gives your rational side time to weigh in – and if you’re using Binance Futures, the opt-in Cooling-Off Period can help make that pause a habit.Another smart tactic is to set a “confidence budget.” Limit yourself to a specific number of high-conviction bets per month. Once you hit that cap, it’s a signal to pause and review whether you’re operating from sound judgment or slipping into bias-fueled momentum.Finally, after a winning streak, create a “win quarantine.” Step away for a few hours or even a day. It might feel counterintuitive, but it helps reset your mental state – breaking the illusion that you’ve somehow completely “figured out” the market, which insulates you from reckless follow-ups. A recent study shows that taking a break from technology may dramatically lower stress levels, which in turn boosts business efficacy. This means that stepping back isn’t slacking, it’s sharpening.Together, these practices build awareness, inject discipline, and give you back what the gambler’s fallacy and self-attribution bias steal – clarity and rationality.Final ThoughtsWhen the gambler’s fallacy and self-attribution bias take the wheel, trading starts to resemble gambling, not strategy. The former lures us into believing ups and downs are predictable while the latter tricks us into crediting ourselves for outcomes we barely had any insight into. Together, they build a compelling illusion of control.However, charts don’t “even out” over time, and confidence doesn’t equate to mastery. Breaking free means learning to recognize when your mindset has shifted from analysis to anticipation. Instead, focus on process, not prediction, by tracking your reasoning, not just your wins. Don’t just reflect on what you got right – challenge why you thought you were right.The most consistent traders don’t chase patterns or credit luck as skill. They pause, review, adapt. And that clarity – not perceived control – is what gives them the edge.Further ReadingScience Behind Crypto Misconceptions: Status Quo Bias & Endowment EffectThe Long Game of Crypto: Understanding Crypto Market CyclesAutomate Your Crypto Trading With Grid Trading Bots on Binance – a 2025 Beginner’s Guide
7 Minutes With Cristiano: Everything You Need To Know About CR7 X Binance’s ‘Forever To The Moon’7 Minutes With Cristiano: Everything You Need To Know About CR7 X Binance’s ‘Forever To The Moon’Main TakeawayOnly 7,777 free mystery boxes are up for grabs — each with a chance to unlock real-world benefits.Fans can win signed footballs, jerseys, BBW 2025 tickets, and even have 7 minutes with Cristiano in person.To get yours, new users simply have to be the first to register and complete KYC, while existing holders can take part in exclusive activities on Telegram— but quantities are limited.CAMPAIGN RUNS: 2025-06-11 14:00 (UTC) to 2025-06-27 23:59 (UTC).What Is ‘Forever To The Moon’?Forever To The Moon is a limited-edition mystery box collection — with only 7,777 boxes available. Each box is free, and every one holds the chance to win:17 Signed footballs77 Signed  jerseys770 Tickets (only) to Binance Blockchain Week 2025 in Dubai7 of A once-in-a-lifetime experience: 7 minutes in person with CR7Ultra accessible, built for fans, and structured with clear, no-friction mechanics – take a shot on goal by registering with Binance now and verifying because, if you’re quick enough, a mystery box is yours!Why It MattersDrop 6 makes it easy for fans to take part — no complicated steps, no purchases required – even a rookie could handle it! Drop 6 is an open field where football meets digital ownership with real-world rewards.For long-time collectors, it’s a thank-you and for new users, it’s a starting point. But for everyone, it’s a rare chance to win something unforgettable — all by being part of Cristiano and Binance’s global community!How It Works7,777 Mystery Boxes. Here’s how to get one:New Users (7,583 Boxes)Register and complete KYC on BinanceBoxes are airdropped on a first-come, first-served basisAirdrops happen every Friday until all are claimedHolders of ALL CR7 x Binance Drops 1–5 (110 Boxes)If you own all five previous CR7 drops, you’ll automatically receive 5 mystery boxesIf you’re a collector, don’t worry: the snapshot has already been taken before this campaign’s launchHolders-only Telegram Community (77 Boxes)Existing NFT holders can join the CR7 Telegram group now and participate in weekly challengesQuizzes, meme contests, and more — winners receive airdropped boxesSocials & Community Giveaways (7 Boxes)Keep your eyes peeled on Binance’s Instagram here for the inside scoop on giveaways for the last 7 boxesOnce your box is delivered, open it to reveal what’s inside.What’s Inside the Box?Here’s the full breakdown of what the 7,777 mystery boxes contain*:DESIGNNUMBERPERCENTAGE OF TOTAL DROP7 Mins with CR7 Experience (Grand Prize)70.09%Signed Footballs170.22%Signed Shirts770.99%Binance Blockchain Week (Tickets Only)7709.90%Non-Prize Box6,90688.8%Total7,777100.00%*First Come, First Serve for KYCed new usersEvery box is part of a larger collectible experience — and some hold high-value rewards that bring you closer to the game than ever before.When It’s HappeningCampaign Duration: June 11 – 27, 2025Airdrops: Every Friday during the campaign (or until allocation is exhausted)Snapshot Cutoff: June 27 @ 23:59 UTCFulfilment: Q3/Q4 2025 (prizes, travel, merchandise)The Final WhistleThis drop is made for fans — it's straightforward and tied to real outcomes. Whether you exit the field with CR7-signed gear or a chance to meet him in person, Drop 6 delivers rewards that matter.There’re only 7,777 mystery boxes. There’s only 7 chances to meet CR7.Register, verify, and claim yours here before they’re gone.Further ReadingBinance Launches ‘Forever To The Moon’ Mystery Box Drop Featuring Cristiano Ronaldo AnnouncementCR7 Forever To The Moon Terms & ConditionsDisclaimer: Promotion or endorsement of CR7 assets by Cristiano Ronaldo do not constitute promotion or endorsement of any other Binance assets. This is not financial advice. For more information, see our Campaign T&Cs.Risk Warning: Digital asset prices can be volatile. The value of any asset or investment may go down or up and you may not get back the amount initially paid. You are solely responsible for your purchase decisions and neither Binance, nor its sponsorship partners, are liable for any losses you may incur. This is not financial advice. For more information, see our Terms of Use and Risk Warning.

7 Minutes With Cristiano: Everything You Need To Know About CR7 X Binance’s ‘Forever To The Moon’

7 Minutes With Cristiano: Everything You Need To Know About CR7 X Binance’s ‘Forever To The Moon’Main TakeawayOnly 7,777 free mystery boxes are up for grabs — each with a chance to unlock real-world benefits.Fans can win signed footballs, jerseys, BBW 2025 tickets, and even have 7 minutes with Cristiano in person.To get yours, new users simply have to be the first to register and complete KYC, while existing holders can take part in exclusive activities on Telegram— but quantities are limited.CAMPAIGN RUNS: 2025-06-11 14:00 (UTC) to 2025-06-27 23:59 (UTC).What Is ‘Forever To The Moon’?Forever To The Moon is a limited-edition mystery box collection — with only 7,777 boxes available. Each box is free, and every one holds the chance to win:17 Signed footballs77 Signed  jerseys770 Tickets (only) to Binance Blockchain Week 2025 in Dubai7 of A once-in-a-lifetime experience: 7 minutes in person with CR7Ultra accessible, built for fans, and structured with clear, no-friction mechanics – take a shot on goal by registering with Binance now and verifying because, if you’re quick enough, a mystery box is yours!Why It MattersDrop 6 makes it easy for fans to take part — no complicated steps, no purchases required – even a rookie could handle it! Drop 6 is an open field where football meets digital ownership with real-world rewards.For long-time collectors, it’s a thank-you and for new users, it’s a starting point. But for everyone, it’s a rare chance to win something unforgettable — all by being part of Cristiano and Binance’s global community!How It Works7,777 Mystery Boxes. Here’s how to get one:New Users (7,583 Boxes)Register and complete KYC on BinanceBoxes are airdropped on a first-come, first-served basisAirdrops happen every Friday until all are claimedHolders of ALL CR7 x Binance Drops 1–5 (110 Boxes)If you own all five previous CR7 drops, you’ll automatically receive 5 mystery boxesIf you’re a collector, don’t worry: the snapshot has already been taken before this campaign’s launchHolders-only Telegram Community (77 Boxes)Existing NFT holders can join the CR7 Telegram group now and participate in weekly challengesQuizzes, meme contests, and more — winners receive airdropped boxesSocials & Community Giveaways (7 Boxes)Keep your eyes peeled on Binance’s Instagram here for the inside scoop on giveaways for the last 7 boxesOnce your box is delivered, open it to reveal what’s inside.What’s Inside the Box?Here’s the full breakdown of what the 7,777 mystery boxes contain*:DESIGNNUMBERPERCENTAGE OF TOTAL DROP7 Mins with CR7 Experience (Grand Prize)70.09%Signed Footballs170.22%Signed Shirts770.99%Binance Blockchain Week (Tickets Only)7709.90%Non-Prize Box6,90688.8%Total7,777100.00%*First Come, First Serve for KYCed new usersEvery box is part of a larger collectible experience — and some hold high-value rewards that bring you closer to the game than ever before.When It’s HappeningCampaign Duration: June 11 – 27, 2025Airdrops: Every Friday during the campaign (or until allocation is exhausted)Snapshot Cutoff: June 27 @ 23:59 UTCFulfilment: Q3/Q4 2025 (prizes, travel, merchandise)The Final WhistleThis drop is made for fans — it's straightforward and tied to real outcomes. Whether you exit the field with CR7-signed gear or a chance to meet him in person, Drop 6 delivers rewards that matter.There’re only 7,777 mystery boxes. There’s only 7 chances to meet CR7.Register, verify, and claim yours here before they’re gone.Further ReadingBinance Launches ‘Forever To The Moon’ Mystery Box Drop Featuring Cristiano Ronaldo AnnouncementCR7 Forever To The Moon Terms & ConditionsDisclaimer: Promotion or endorsement of CR7 assets by Cristiano Ronaldo do not constitute promotion or endorsement of any other Binance assets. This is not financial advice. For more information, see our Campaign T&Cs.Risk Warning: Digital asset prices can be volatile. The value of any asset or investment may go down or up and you may not get back the amount initially paid. You are solely responsible for your purchase decisions and neither Binance, nor its sponsorship partners, are liable for any losses you may incur. This is not financial advice. For more information, see our Terms of Use and Risk Warning.
Binance Helps Dismantle a Notorious Darknet Narcotics MarketplaceMain TakeawaysIncognito Market, a notorious darknet drug marketplace, was dismantled in a global operation led by U.S. and Taiwanese authorities.Binance’s FIU provided critical intelligence, traced illicit crypto flows, and froze over $3.5 million in assets linked to the platform.This case underscores Binance’s continued commitment to safeguarding the crypto ecosystem through global collaboration and transparency.In a major international operation codenamed Operation RapTor, U.S. and Taiwanese law enforcement successfully dismantled Incognito Market – a notorious darknet marketplace that facilitated over $100 million in illegal drug sales. Binance's Financial Intelligence Unit (FIU) played a pivotal role in helping bring the platform’s operators to justice.Incognito MarketAccording to the U.S. Department of Justice and public records, Incognito Market allowed users to browse and purchase over 1,000 types of illicit drugs – including heroin, cocaine, and methamphetamine – while using cryptocurrency to conceal their identities through pseudonymous wallet addresses. To facilitate these transactions, the platform built its own “banking” infrastructure, relying heavily on crypto assets to process payments. However, what the perpetrators thought was a shield turned out to be a trail.Following the Digital BreadcrumbsDespite Incognito Market’s use of advanced privacy tools and multiple firewall layers, FIU successfully assisted law enforcement in tracing crypto wallets tied to the platform’s internal “banking system.” By mapping the illicit flow of funds, Binance’s FIU linked these wallets to a Taiwanese national surnamed Lin, known by the alias “Pharaoh,” who profited millions by leading and supervising the platform’s illegal operations.Our team also froze over USD $3.5 million in related crypto assets, disrupting the network’s financial infrastructure. Lin was later arrested and pleaded guilty in a U.S. federal court to narcotics conspiracy, money laundering, and distributing misbranded drugs.Fact: Crypto Leaves a Trail“This case is a powerful reminder that blockchain offers no safe haven for criminal activity,” said Nils Andersen-Röed, Global Head of Binance’s Financial Intelligence Unit. “Even with sophisticated privacy tools, every crypto transaction leaves a digital trail – which is increasingly vital in today's law enforcement investigations.”Andersen-Röed emphasized, “Cross-border collaboration and public-private partnerships are no longer optional – they are essential.” He pointed out that as crypto cases become more complex, effective crime-fighting depends on global cooperation.Commitment to a Safer EcosystemThis isn’t the first time Binance has played a key role in dismantling illegal networks. In another recent case, the company supported Europol in taking down Kidflix, one of the world’s largest child exploitation platforms. Binance contributed by helping uncover the platform’s internal payment systems and assisting in the identification of over 100 users involved.These cases mark more than just isolated wins – they’re part of a growing track record that underscores Binance’s deep-rooted commitment to protecting the crypto space. By working hand-in-hand with global law enforcement, we’re showing that the future of crypto is built not just on innovation, but also on transparency, accountability, and trust. Each successful operation is proof that when public and private forces join hands, cybercriminals lose – and justice gains ground.Further ReadingOn-Chain Dynamics Reveal Binance’s Role as Crypto’s Key Capital Hub And Liquidity DestinationBinance Joins CEPOL’s Training in Moldova to Bolster Crime Fighters’ Investigative SkillsBinance Survey Shows Maturing Security Practices: Over 80% of Asian Users Enable 2FA, 73% Double-Check Transfers

Binance Helps Dismantle a Notorious Darknet Narcotics Marketplace

Main TakeawaysIncognito Market, a notorious darknet drug marketplace, was dismantled in a global operation led by U.S. and Taiwanese authorities.Binance’s FIU provided critical intelligence, traced illicit crypto flows, and froze over $3.5 million in assets linked to the platform.This case underscores Binance’s continued commitment to safeguarding the crypto ecosystem through global collaboration and transparency.In a major international operation codenamed Operation RapTor, U.S. and Taiwanese law enforcement successfully dismantled Incognito Market – a notorious darknet marketplace that facilitated over $100 million in illegal drug sales. Binance's Financial Intelligence Unit (FIU) played a pivotal role in helping bring the platform’s operators to justice.Incognito MarketAccording to the U.S. Department of Justice and public records, Incognito Market allowed users to browse and purchase over 1,000 types of illicit drugs – including heroin, cocaine, and methamphetamine – while using cryptocurrency to conceal their identities through pseudonymous wallet addresses. To facilitate these transactions, the platform built its own “banking” infrastructure, relying heavily on crypto assets to process payments. However, what the perpetrators thought was a shield turned out to be a trail.Following the Digital BreadcrumbsDespite Incognito Market’s use of advanced privacy tools and multiple firewall layers, FIU successfully assisted law enforcement in tracing crypto wallets tied to the platform’s internal “banking system.” By mapping the illicit flow of funds, Binance’s FIU linked these wallets to a Taiwanese national surnamed Lin, known by the alias “Pharaoh,” who profited millions by leading and supervising the platform’s illegal operations.Our team also froze over USD $3.5 million in related crypto assets, disrupting the network’s financial infrastructure. Lin was later arrested and pleaded guilty in a U.S. federal court to narcotics conspiracy, money laundering, and distributing misbranded drugs.Fact: Crypto Leaves a Trail“This case is a powerful reminder that blockchain offers no safe haven for criminal activity,” said Nils Andersen-Röed, Global Head of Binance’s Financial Intelligence Unit. “Even with sophisticated privacy tools, every crypto transaction leaves a digital trail – which is increasingly vital in today's law enforcement investigations.”Andersen-Röed emphasized, “Cross-border collaboration and public-private partnerships are no longer optional – they are essential.” He pointed out that as crypto cases become more complex, effective crime-fighting depends on global cooperation.Commitment to a Safer EcosystemThis isn’t the first time Binance has played a key role in dismantling illegal networks. In another recent case, the company supported Europol in taking down Kidflix, one of the world’s largest child exploitation platforms. Binance contributed by helping uncover the platform’s internal payment systems and assisting in the identification of over 100 users involved.These cases mark more than just isolated wins – they’re part of a growing track record that underscores Binance’s deep-rooted commitment to protecting the crypto space. By working hand-in-hand with global law enforcement, we’re showing that the future of crypto is built not just on innovation, but also on transparency, accountability, and trust. Each successful operation is proof that when public and private forces join hands, cybercriminals lose – and justice gains ground.Further ReadingOn-Chain Dynamics Reveal Binance’s Role as Crypto’s Key Capital Hub And Liquidity DestinationBinance Joins CEPOL’s Training in Moldova to Bolster Crime Fighters’ Investigative SkillsBinance Survey Shows Maturing Security Practices: Over 80% of Asian Users Enable 2FA, 73% Double-Check Transfers
Binance Research on Key Trends in Crypto – June 2025Main TakeawaysThis blog summarizes the findings of the recent Binance Research report discussing key developments in crypto markets over the past month. Bitcoin surged to a new all-time high of $111,970, buoyed by growing institutional interest and its appeal as a long-term hedge. DeFi outperformed all major sectors in May with a 19.0% gain, even surpassing Bitcoin’s 11.1% rise, signaling renewed investor focus on protocol innovation and yield opportunities.Thanks to Binance Research, you can take advantage of industry-grade analyses of the processes shaping Web3. By sharing these insights, we hope to empower our community with the latest knowledge from the field of crypto research.This blog explores key Web3 developments in May 2025 to provide an overview of the ecosystem’s current state. We analyze the performance of crypto, DeFi, and NFT markets before previewing major events to look out for in June.Crypto Market Performance in May 2025In May, the cryptocurrency market rose by 10.3%, extending its bullish trend from the previous month. Market volatility remained high, mainly due to evolving trade dynamics between the U.S. and China. While both countries initially agreed to reduce tariffs by 30%, the relief was short-lived as tensions flared again. A temporary court ruling late in the month put a brief pause on all tariffs, lifting market sentiment, but the reinstatement of the levies soon after reignited investor anxiety and contributed to market fluctuations.Amid this turbulent macro backdrop, major crypto assets performed strongly. Bitcoin surged to a new all-time high of $111,970, buoyed by growing institutional interest and its appeal as a long-term hedge. One notable example was TwentyOne Capital’s public disclosure of a significant BTC purchase, increasing the firm’s total holdings to over 37,000 BTC and signaling continued confidence from large investors.Ether also posted a robust recovery, climbing 43.9% during the month. This growth was largely attributed to the successful Pectra upgrade, which introduced improvements in scalability, security, and the overall developer experience. The upgrade, along with Sharplink’s launch of an ETH-based treasury, contributed to renewed enthusiasm and strengthened the case for ether as a high-potential long-term investment.Monthly crypto market capitalization increased by 10.3% in May Source: CoinGeckoAs of May 31, 2025 Monthly price performance of the top 10 coins by market capitalization Source: CoinMarketCapAs of May 31, 2025 In May, Hyperliquid (HYPE) was the standout performer, soaring 78.5% amid growing speculation of an upcoming airdrop and aggressive token buybacks funded by transaction fees. The platform’s meteoric rise was underscored by record-breaking revenue – surpassing even Ethereum and Solana – and surging open interest, which hit an all-time high of $10.1B. With a 24-hour trading volume of $18.9B, Hyperliquid secured its position as the fifth largest derivatives platform globally, signaling a significant shift in market dynamics.Ether posted a sharp recovery of 43.9%, reversing losses from the previous month. Dogecoin (DOGE) also made headlines with a 12.9% gain, boosted by 21Shares’ filing for a spot DOGE ETF and a massive 528% spike in active addresses, evidence of heightened user activity and network engagement.Bitcoin rose 11.1%, hitting a new all-time high of $111,970 before pulling back slightly. The rally was fueled by robust spot ETF inflows and institutional accumulation, including the approval of BTC reserves in U.S. states like New Hampshire and Arizona. Meanwhile, BNB climbed 10.1% following the high-profile launch of the Trump-backed stablecoin USD1, 99% of which was minted on BNB Chain, cementing its role as a key player in the stablecoin ecosystem.Other layer-1s posted more moderate gains. Solana rose 9.3% amid growing institutional activity, including a $1B shelf prospectus filing and DeFi Dev’s treasury allocation into liquid-staked SOL. Tron (TRX) followed closely with a 9.2% rise, bolstered by Tether’s minting of $1B USDT on the Tron network, which now hosts more USDT than Ethereum. In contrast, ADA and XRP saw minimal movement, gaining just 0.6% and 0.5% respectively. SUI was the notable underperformer, declining 4.6% after a $1.1M hack of the Cetus protocol raised concerns over platform security.Decentralized Finance (DeFi)TVL share of top blockchainsSource: DeFiLlamaAs of May 31, 2025 In May 2025, DeFi Total Value Locked (TVL) jumped 21.4% month-on-month, mirroring the broader crypto market’s bullish momentum and the resurgence of interest in Ethereum and its layer-2 solutions. The Base network was a key driver of this growth, achieving record highs in addresses, transactions, and value bridged – largely fueled by increased activity in borrowing and lending protocols. Among major DeFi ecosystems, Ethereum expanded its market share thanks to the successful Pectra upgrade, while Tron posted slight gains. In contrast, BNB Chain, Solana, and Arbitrum experienced declines, signaling a rotation of capital back into Ethereum-centric platforms.Stablecoin activity also saw renewed strength, with the overall stablecoin market growing 4.5% in response to favorable regulatory shifts and increased adoption on platforms like PayPal. Circle, the issuer of USDC, played a pivotal role in driving institutional integration by forming partnerships with major financial institutions to streamline cross-border payments and settlements. These developments boosted stablecoin utility, although USDC's market cap dipped as its share fell from 26.2% to 24.3%. Meanwhile, USDT extended its dominance, reinforcing its position as the leading stablecoin by market share.Non-Fungible Tokens (NFTs)Monthly NFT trading volumeSource: CryptoSlam  As of May 31, 2025In May 2025, NFT sales volume rose 22.5%, buoyed by broader crypto market gains, though Ethereum-based NFTs continued their downward trend with a 20.9% decline. Despite this, Ethereum remained the top chain for NFT activity, while Polygon closed the gap, fueled by the growth of Courtyard’s RWA-based collectible card NFTs. Bitcoin NFT sales also rose 14.4%, driven by Ordinals and BRC-20 collections. Notable performers included Guild of Guardians on Immutable, up 40%, and Ethereum collections like Doodles and Good Vibes Club, which also saw solid sales growth. While the market has yet to revisit previous highs, optimism is returning as NFT use cases expand beyond art into real-world applications, reflecting ongoing innovation in the space.Upcoming Events and Token UnlocksTo help users stay updated on the latest Web3 news, the Binance Research team has summarized notable events and token unlocks for the month to come. Keep an eye on these upcoming developments in the blockchain space.Notable Events in June 2025Source: Cryptoevents, Binance ResearchLargest token unlocks in US$ termsSource: CryptoRank, Binance ResearchBinance ResearchThe Binance Research team is committed to delivering objective, independent, and comprehensive analyses of the crypto space. We publish insightful takes on Web3 topics, including but not limited to the crypto ecosystem, blockchain applications, and the latest market developments. This article is only a snapshot of the full report, which contains further analyses of the most important charts from the past month. The full report dives into analysing the net inflows of Spot Bitcoin ETFs, Bitcoin’s growing footprint in corporate treasuries, how DeFi outperformed all other sectors including Bitcoin, and how tokenized real-world assets continued to break successive highs. Read the full version of this Binance Research report here. Further ReadingBinance Research: Key Trends in Crypto - May 2025Binance Research: Key Trends in Crypto – April 2025Binance Research: Key Trends in Crypto – March 2025Disclaimer: This material is prepared by Binance Research and is not intended to be relied upon as a forecast or investment advice and is not a recommendation, offer, or solicitation to buy or sell any securities or cryptocurrencies or to adopt any investment strategy. The use of terminology and the views expressed are intended to promote understanding and the responsible development of the sector and should not be interpreted as definitive legal views or those of Binance. The opinions expressed are as of the date shown above and are the opinions of the writer; they may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Binance Research to be reliable, are not necessarily all-inclusive, and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given, and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Binance. This material may contain ‘forward-looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, cryptocurrencies, or any investment strategy, nor shall any securities or cryptocurrency be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be unlawful under the laws of such jurisdiction. Investment involves risks.

Binance Research on Key Trends in Crypto – June 2025

Main TakeawaysThis blog summarizes the findings of the recent Binance Research report discussing key developments in crypto markets over the past month. Bitcoin surged to a new all-time high of $111,970, buoyed by growing institutional interest and its appeal as a long-term hedge. DeFi outperformed all major sectors in May with a 19.0% gain, even surpassing Bitcoin’s 11.1% rise, signaling renewed investor focus on protocol innovation and yield opportunities.Thanks to Binance Research, you can take advantage of industry-grade analyses of the processes shaping Web3. By sharing these insights, we hope to empower our community with the latest knowledge from the field of crypto research.This blog explores key Web3 developments in May 2025 to provide an overview of the ecosystem’s current state. We analyze the performance of crypto, DeFi, and NFT markets before previewing major events to look out for in June.Crypto Market Performance in May 2025In May, the cryptocurrency market rose by 10.3%, extending its bullish trend from the previous month. Market volatility remained high, mainly due to evolving trade dynamics between the U.S. and China. While both countries initially agreed to reduce tariffs by 30%, the relief was short-lived as tensions flared again. A temporary court ruling late in the month put a brief pause on all tariffs, lifting market sentiment, but the reinstatement of the levies soon after reignited investor anxiety and contributed to market fluctuations.Amid this turbulent macro backdrop, major crypto assets performed strongly. Bitcoin surged to a new all-time high of $111,970, buoyed by growing institutional interest and its appeal as a long-term hedge. One notable example was TwentyOne Capital’s public disclosure of a significant BTC purchase, increasing the firm’s total holdings to over 37,000 BTC and signaling continued confidence from large investors.Ether also posted a robust recovery, climbing 43.9% during the month. This growth was largely attributed to the successful Pectra upgrade, which introduced improvements in scalability, security, and the overall developer experience. The upgrade, along with Sharplink’s launch of an ETH-based treasury, contributed to renewed enthusiasm and strengthened the case for ether as a high-potential long-term investment.Monthly crypto market capitalization increased by 10.3% in May Source: CoinGeckoAs of May 31, 2025 Monthly price performance of the top 10 coins by market capitalization Source: CoinMarketCapAs of May 31, 2025 In May, Hyperliquid (HYPE) was the standout performer, soaring 78.5% amid growing speculation of an upcoming airdrop and aggressive token buybacks funded by transaction fees. The platform’s meteoric rise was underscored by record-breaking revenue – surpassing even Ethereum and Solana – and surging open interest, which hit an all-time high of $10.1B. With a 24-hour trading volume of $18.9B, Hyperliquid secured its position as the fifth largest derivatives platform globally, signaling a significant shift in market dynamics.Ether posted a sharp recovery of 43.9%, reversing losses from the previous month. Dogecoin (DOGE) also made headlines with a 12.9% gain, boosted by 21Shares’ filing for a spot DOGE ETF and a massive 528% spike in active addresses, evidence of heightened user activity and network engagement.Bitcoin rose 11.1%, hitting a new all-time high of $111,970 before pulling back slightly. The rally was fueled by robust spot ETF inflows and institutional accumulation, including the approval of BTC reserves in U.S. states like New Hampshire and Arizona. Meanwhile, BNB climbed 10.1% following the high-profile launch of the Trump-backed stablecoin USD1, 99% of which was minted on BNB Chain, cementing its role as a key player in the stablecoin ecosystem.Other layer-1s posted more moderate gains. Solana rose 9.3% amid growing institutional activity, including a $1B shelf prospectus filing and DeFi Dev’s treasury allocation into liquid-staked SOL. Tron (TRX) followed closely with a 9.2% rise, bolstered by Tether’s minting of $1B USDT on the Tron network, which now hosts more USDT than Ethereum. In contrast, ADA and XRP saw minimal movement, gaining just 0.6% and 0.5% respectively. SUI was the notable underperformer, declining 4.6% after a $1.1M hack of the Cetus protocol raised concerns over platform security.Decentralized Finance (DeFi)TVL share of top blockchainsSource: DeFiLlamaAs of May 31, 2025 In May 2025, DeFi Total Value Locked (TVL) jumped 21.4% month-on-month, mirroring the broader crypto market’s bullish momentum and the resurgence of interest in Ethereum and its layer-2 solutions. The Base network was a key driver of this growth, achieving record highs in addresses, transactions, and value bridged – largely fueled by increased activity in borrowing and lending protocols. Among major DeFi ecosystems, Ethereum expanded its market share thanks to the successful Pectra upgrade, while Tron posted slight gains. In contrast, BNB Chain, Solana, and Arbitrum experienced declines, signaling a rotation of capital back into Ethereum-centric platforms.Stablecoin activity also saw renewed strength, with the overall stablecoin market growing 4.5% in response to favorable regulatory shifts and increased adoption on platforms like PayPal. Circle, the issuer of USDC, played a pivotal role in driving institutional integration by forming partnerships with major financial institutions to streamline cross-border payments and settlements. These developments boosted stablecoin utility, although USDC's market cap dipped as its share fell from 26.2% to 24.3%. Meanwhile, USDT extended its dominance, reinforcing its position as the leading stablecoin by market share.Non-Fungible Tokens (NFTs)Monthly NFT trading volumeSource: CryptoSlam  As of May 31, 2025In May 2025, NFT sales volume rose 22.5%, buoyed by broader crypto market gains, though Ethereum-based NFTs continued their downward trend with a 20.9% decline. Despite this, Ethereum remained the top chain for NFT activity, while Polygon closed the gap, fueled by the growth of Courtyard’s RWA-based collectible card NFTs. Bitcoin NFT sales also rose 14.4%, driven by Ordinals and BRC-20 collections. Notable performers included Guild of Guardians on Immutable, up 40%, and Ethereum collections like Doodles and Good Vibes Club, which also saw solid sales growth. While the market has yet to revisit previous highs, optimism is returning as NFT use cases expand beyond art into real-world applications, reflecting ongoing innovation in the space.Upcoming Events and Token UnlocksTo help users stay updated on the latest Web3 news, the Binance Research team has summarized notable events and token unlocks for the month to come. Keep an eye on these upcoming developments in the blockchain space.Notable Events in June 2025Source: Cryptoevents, Binance ResearchLargest token unlocks in US$ termsSource: CryptoRank, Binance ResearchBinance ResearchThe Binance Research team is committed to delivering objective, independent, and comprehensive analyses of the crypto space. We publish insightful takes on Web3 topics, including but not limited to the crypto ecosystem, blockchain applications, and the latest market developments. This article is only a snapshot of the full report, which contains further analyses of the most important charts from the past month. The full report dives into analysing the net inflows of Spot Bitcoin ETFs, Bitcoin’s growing footprint in corporate treasuries, how DeFi outperformed all other sectors including Bitcoin, and how tokenized real-world assets continued to break successive highs. Read the full version of this Binance Research report here. Further ReadingBinance Research: Key Trends in Crypto - May 2025Binance Research: Key Trends in Crypto – April 2025Binance Research: Key Trends in Crypto – March 2025Disclaimer: This material is prepared by Binance Research and is not intended to be relied upon as a forecast or investment advice and is not a recommendation, offer, or solicitation to buy or sell any securities or cryptocurrencies or to adopt any investment strategy. The use of terminology and the views expressed are intended to promote understanding and the responsible development of the sector and should not be interpreted as definitive legal views or those of Binance. The opinions expressed are as of the date shown above and are the opinions of the writer; they may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Binance Research to be reliable, are not necessarily all-inclusive, and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given, and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Binance. This material may contain ‘forward-looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, cryptocurrencies, or any investment strategy, nor shall any securities or cryptocurrency be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be unlawful under the laws of such jurisdiction. Investment involves risks.
Thinking Through Ups and Downs: Anchoring Bias and Sunk Cost FallacyMain TakeawaysThis is the third installment of Thinking Through Ups and Downs – a blog series that explores the psychological patterns that influence trading behavior.Anchoring bias causes traders to cling to arbitrary price points while sunk cost fallacy leads them to staying in losing positions, making exiting a bad trade challenging.To stay objective, define your exit before entering a trade, use stop-losses, track your decisions with a trade journal, and ask questions like: Would I still buy this today?Suppose you bought a token at $50 but now it’s barely holding at $20. Instead of reassessing your position, your mind keeps drifting back to that original price. You tell yourself it’ll bounce back – after all, you did your due diligence, committed funds, and believed in the project.If this sounds familiar, you’re not alone. In this edition of Thinking Through Ups and Downs, we explore how anchoring bias sets a stubborn reference point, and how the sunk cost fallacy adds fuel to the fire – making it even harder to walk away from a losing trade. We’ll break down the psychology behind these mental traps, how they play out in crypto, and how to break the cycle before it costs you more.The Psychology of Holding On Too LongBlame the wiring, not the willpower. The tendency to hold on to losers too long isn’t merely personality – it’s hardwired, often driven by anchoring bias and the sunk cost fallacy.Anchoring bias sets the trap. It happens when we latch onto an initial reference point – like the entry price of an asset – and treat it as a benchmark, even when circumstances change. This fixation can prevent objective reassessment, as new information is filtered through the lens of that original number.Then, sunk cost fallacy reinforces the hold. Once we’ve invested time, money, or energy into something, letting go feels like waste. These instincts are wired into us as we’re taught that quitting is failure and persistence is virtue – so we keep going, overriding rational evaluation even when a fresh start would serve us better.Once time, money, or effort has been invested, we feel pressure to stick with the decision — not because it still makes sense, but because abandoning it would mean accepting that those resources are gone. This emotional attachment to past investment can override rational evaluation.Together, these biases reinforce each other: one clouds our judgment about value, the other makes it harder to walk away. This irrational commitment results in an inability to exit bad positions – which means smaller mistakes are allowed to grow into larger losses.A Crypto Case StudyImagine you bought a token at $50. Over the next few weeks, it drops to $42,  $35, then $20. You try to stay calm despite the decline: “I’ll go back up! It was at $50 before, so it has to rebound.” That’s anchoring bias at work – your brain fixates on your original entry point so strongly that it overrides the discipline to reassess your position, even when market conditions or fundamentals have clearly changed.Perhaps you start to realize the fundamentals have shifted. You begin re-evaluating the position, and for a moment, cutting your losses feels like a rational move. Right on cue, that familiar inner voice pipes up – sly, persuasive: “But think of everything you’ve already put in.” Suddenly, selling feels like a waste, a betrayal. That’s sunk cost fallacy. It turns past effort into justification, pulling you away from logic and toward emotional reasoning. Your conviction is no longer grounded in data but in the weight of what you’ve already spent.Anchoring bias planted the seed, and now the sunk cost fallacy waters it. Together, they loop and shackle you in – hoping for a recovery that may never come. What started as a strategic trade slowly turns into a stubborn attachment, even as it drifts further from your goals or the reality of the market. The emotional weight of past choices makes it harder to exit, even when the logic is clear. Ironically, the longer you hold on, the deeper the losses may become.Walking Away from LosersThe first step to avoiding bias-driven decisions is to define your exit before you even enter a trade, removing guesswork when emotions inevitably rise. Trading psychology expert Mark Douglas emphasizes the importance of accepting risk before entering a position, mentally preparing yourself for all outcomes. One way to do this is to pre-commit to your stop loss. Tell yourself: "If this trade hits my stop, I'm completely at peace with that outcome." This kind of pre-commitment helps reduce the emotional temptation to move stops during market fluctuations.If you think you might hesitate in the heat of the moment, consider using stop-loss orders to automate your exit and help you stay disciplined. By planning your exit in advance and sticking to it, you stay anchored in logic – not emotion – even when the market gets turbulent.Keeping a trade journal can also sharpen your decision-making. Record why you entered the position, what you expected, and how things unfolded. Over time, this practice helps reveal patterns in your thinking and separates solid strategies from emotionally driven choices.It’s just as important to recognize when cognitive biases begin to influence your decision. If you find yourself thinking, “I’ve already put so much in,” pause. That’s the sunk cost fallacy talking. Ask yourself: Does this trade still align with my goals today? If you catch yourself thinking, “It’ll bounce back to my entry price,” that’s anchoring bias. Instead, ask: What does the current data say about its outlook?A quick mindset check can also help: Would I still buy this asset today? If the answer is no, it’s a sign that bias may be guiding your decision – and it's time to consider letting go.Most importantly, give yourself permission to let go. Exiting a bad trade isn’t failure – it’s a smart, strategic move. Cutting losses early protects your capital, preserves your mental energy, and frees you to focus on better opportunities ahead.Final ThoughtsIn volatile markets, clarity is currency. The sunk cost fallacy and anchoring bias are subtle – they often feel rational, even noble. But left unchecked, they can quietly tether you to trades that no longer align with your goals.The best traders aren’t the ones who never lose, they’re the ones who know when to move on. They recognize when a position no longer makes sense, resist the emotional attachment of past decisions, and make choices based on current realities.Further ReadingThinking Through Ups and Downs – Riding on Emotional Contagion, Jumping on the BandwagonScience Behind Crypto Misconceptions: Confirmation BiasBinance Margin Trading Guide in 2025: Key Tools Every Crypto Trader Must KnowDisclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.

Thinking Through Ups and Downs: Anchoring Bias and Sunk Cost Fallacy

Main TakeawaysThis is the third installment of Thinking Through Ups and Downs – a blog series that explores the psychological patterns that influence trading behavior.Anchoring bias causes traders to cling to arbitrary price points while sunk cost fallacy leads them to staying in losing positions, making exiting a bad trade challenging.To stay objective, define your exit before entering a trade, use stop-losses, track your decisions with a trade journal, and ask questions like: Would I still buy this today?Suppose you bought a token at $50 but now it’s barely holding at $20. Instead of reassessing your position, your mind keeps drifting back to that original price. You tell yourself it’ll bounce back – after all, you did your due diligence, committed funds, and believed in the project.If this sounds familiar, you’re not alone. In this edition of Thinking Through Ups and Downs, we explore how anchoring bias sets a stubborn reference point, and how the sunk cost fallacy adds fuel to the fire – making it even harder to walk away from a losing trade. We’ll break down the psychology behind these mental traps, how they play out in crypto, and how to break the cycle before it costs you more.The Psychology of Holding On Too LongBlame the wiring, not the willpower. The tendency to hold on to losers too long isn’t merely personality – it’s hardwired, often driven by anchoring bias and the sunk cost fallacy.Anchoring bias sets the trap. It happens when we latch onto an initial reference point – like the entry price of an asset – and treat it as a benchmark, even when circumstances change. This fixation can prevent objective reassessment, as new information is filtered through the lens of that original number.Then, sunk cost fallacy reinforces the hold. Once we’ve invested time, money, or energy into something, letting go feels like waste. These instincts are wired into us as we’re taught that quitting is failure and persistence is virtue – so we keep going, overriding rational evaluation even when a fresh start would serve us better.Once time, money, or effort has been invested, we feel pressure to stick with the decision — not because it still makes sense, but because abandoning it would mean accepting that those resources are gone. This emotional attachment to past investment can override rational evaluation.Together, these biases reinforce each other: one clouds our judgment about value, the other makes it harder to walk away. This irrational commitment results in an inability to exit bad positions – which means smaller mistakes are allowed to grow into larger losses.A Crypto Case StudyImagine you bought a token at $50. Over the next few weeks, it drops to $42,  $35, then $20. You try to stay calm despite the decline: “I’ll go back up! It was at $50 before, so it has to rebound.” That’s anchoring bias at work – your brain fixates on your original entry point so strongly that it overrides the discipline to reassess your position, even when market conditions or fundamentals have clearly changed.Perhaps you start to realize the fundamentals have shifted. You begin re-evaluating the position, and for a moment, cutting your losses feels like a rational move. Right on cue, that familiar inner voice pipes up – sly, persuasive: “But think of everything you’ve already put in.” Suddenly, selling feels like a waste, a betrayal. That’s sunk cost fallacy. It turns past effort into justification, pulling you away from logic and toward emotional reasoning. Your conviction is no longer grounded in data but in the weight of what you’ve already spent.Anchoring bias planted the seed, and now the sunk cost fallacy waters it. Together, they loop and shackle you in – hoping for a recovery that may never come. What started as a strategic trade slowly turns into a stubborn attachment, even as it drifts further from your goals or the reality of the market. The emotional weight of past choices makes it harder to exit, even when the logic is clear. Ironically, the longer you hold on, the deeper the losses may become.Walking Away from LosersThe first step to avoiding bias-driven decisions is to define your exit before you even enter a trade, removing guesswork when emotions inevitably rise. Trading psychology expert Mark Douglas emphasizes the importance of accepting risk before entering a position, mentally preparing yourself for all outcomes. One way to do this is to pre-commit to your stop loss. Tell yourself: "If this trade hits my stop, I'm completely at peace with that outcome." This kind of pre-commitment helps reduce the emotional temptation to move stops during market fluctuations.If you think you might hesitate in the heat of the moment, consider using stop-loss orders to automate your exit and help you stay disciplined. By planning your exit in advance and sticking to it, you stay anchored in logic – not emotion – even when the market gets turbulent.Keeping a trade journal can also sharpen your decision-making. Record why you entered the position, what you expected, and how things unfolded. Over time, this practice helps reveal patterns in your thinking and separates solid strategies from emotionally driven choices.It’s just as important to recognize when cognitive biases begin to influence your decision. If you find yourself thinking, “I’ve already put so much in,” pause. That’s the sunk cost fallacy talking. Ask yourself: Does this trade still align with my goals today? If you catch yourself thinking, “It’ll bounce back to my entry price,” that’s anchoring bias. Instead, ask: What does the current data say about its outlook?A quick mindset check can also help: Would I still buy this asset today? If the answer is no, it’s a sign that bias may be guiding your decision – and it's time to consider letting go.Most importantly, give yourself permission to let go. Exiting a bad trade isn’t failure – it’s a smart, strategic move. Cutting losses early protects your capital, preserves your mental energy, and frees you to focus on better opportunities ahead.Final ThoughtsIn volatile markets, clarity is currency. The sunk cost fallacy and anchoring bias are subtle – they often feel rational, even noble. But left unchecked, they can quietly tether you to trades that no longer align with your goals.The best traders aren’t the ones who never lose, they’re the ones who know when to move on. They recognize when a position no longer makes sense, resist the emotional attachment of past decisions, and make choices based on current realities.Further ReadingThinking Through Ups and Downs – Riding on Emotional Contagion, Jumping on the BandwagonScience Behind Crypto Misconceptions: Confirmation BiasBinance Margin Trading Guide in 2025: Key Tools Every Crypto Trader Must KnowDisclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
Top Lead Trader Tips: Haywar on Low Risk Pair Trading StrategyMain TakeawaysThis is the fifth instalment of our Top Lead Trader Tips series, featuring exclusive interviews with some of the top performers on the Binance Copy Trading platform. Today we interviewed Haywar, a Cadet Elite Level Trader on Binance with a whopping 700% return rate over a trading period of over 370 days.Haywar shares his unique pair trading strategy that is agnostic to the market direction, and how he maintains strict risk control to grow his portfolio. Welcome to our Top Lead Trader Tips series, where we continue to bring you invaluable insights from top traders on the Binance Copy Trading platform.In this edition, we caught up with Cadet Elite Lead Trader Haywar, a respected figure in the crypto community known for his calm demeanor, disciplined trading style, and pair trading strategy that prioritizes capital preservation.Whether you are a novice or seasoned trader, you can learn how his relative value trading strategy keeps his portfolio steady in volatile markets. Let’s dive right in.In the Spotlight: HaywarOver the past 370 days, Haywar has managed up to $3 million in assets on Binance with a cumulative return of approximately +700%, while keeping his maximum drawdown under 20%. As of the time of writing, he has 2,646 followers, and he intentionally caps the number of copiers to control the size of assets under management. This is to ensure execution quality and avoid the slippage issues common in low-liquidity altcoins.Unlike many traders who chase high returns with high leverage, Haywar takes a different route: a data-driven, low-risk approach that has consistently earned him the Money Maker badge. Due to his conservative approach to scaling copy volume, he currently maintains the Cadet Elite level.Binance Futures:  First off – how should we address you? Any nickname we should use?Haywar: You can call me Haywar, which is also my English name across platforms like Binance and Twitter.In the Mandarin speaking crypto community, many followers call me “海老师” (Teacher Hai) — a nickname that reflects both my Chinese name and a teaching style I naturally developed while sharing trading ideas. I’ve been told that over time, it became a symbol of trust and calmness in volatile markets for some people in the community.Binance Futures: Could you share a bit about your background and how you got into crypto trading?Haywar: I studied finance and mathematics at UBC Sauder School of Business in Vancouver, Canada, and interned at several investment banks. But I quickly realized that the high-pressure, rigid corporate environment wasn’t for me.After graduating, I became a CFA (Chartered Financial Analyst) instructor. It was around this time that a friend introduced me to crypto — he was selling Bitcoin mining rigs and asked me to help visit overseas mining farms. That was my first real exposure.The more I learned, the more fascinated I became. Eventually, I transitioned into trading full-time — drawn in by the speed, freedom, and global nature of the crypto space.Binance Futures: What’s your core trading strategy today?Haywar: My strategy revolves around pair trading — going long on a strong token while shorting a weaker one. It’s not about predicting where the market is going, but about capturing relative performance between two assets.This method offers three big advantages: low drawdown, low leverage, and capital preservation.It’s especially effective for managing larger portfolios on copy trading platform. I’ve tested trend-following and directional bets before, but pair trading gives me consistent alpha and keeps me immune to market-wide volatility.That’s the real secret behind my risk control.Binance Futures: Your $10K to $100K challenge got a lot of attention. What was the thinking behind it?Haywar: It was my response to a common myth — that you can’t grow capital steadily trading perpetual futures unless you take big risks.So I created an account, applied strict risk controls and pair trading, and reached $100K from $10K. Then I closed the account, but the results drew attention and support. Many followers asked for a repeat — and I’ve already crossed 70% of the target in the second round.The public nature of the challenge helps me stay accountable, focused, and disciplined.Binance Futures: What’s your risk/reward philosophy, and how do you size positions?Haywar: I don’t use a fixed risk/reward ratio — because I rarely take directional trades.Instead, I focus on correlation and mean reversion between two assets. What matters to me is drawdown control, not chasing asymmetric gains.I monitor volatility, pair behavior and historical deviation. But the core mechanics — how I pick the pairs, how I size each leg — I prefer not to reveal in full. That’s where the edge lies.Binance Futures: How do you navigate the recent uncertain macroeconomic conditions?Haywar: I don’t try to predict macro trends. But when the market turns risk-off, I adjust — shorting alts, going long on BTC or even gold-backed assets to stay defensive. My focus is always on relative strength, not market direction. Uncertainty is permanent. The only edge is how you respond.Final ThoughtsHaywar’s story is a refreshing reminder that success in trading isn’t about flashy wins or perfect predictions, it’s about staying in the game sustainably.His signature pair trading strategy doesn’t chase trends – it focuses on balance, discipline, and preserving capital. In a world of noise and volatility, that quiet confidence is what sets him apart.As Haywar puts it, “Any strategy that has a chance of liquidation is not a good strategy — no matter how high the win rate looks.”Ready to explore the world of copy trading? Explore Binance Futures Copy Trading platform to learn from our top-performing community members.If you're confident in your abilities and interested in becoming a Lead Trader to scale up your trading, sign up on Binance Futures Copy Trading now!Further ReadingTop Lead Trader Tips: Cryptoxn on Leveraging Trading AlgorithmsTop Lead Trader Tips: Unusual_Gainz on Crypto Swing TradingTop Lead Trader Tips: Aniki on Trusting Algorithms Over EmotionsDisclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. Trading by following and/or copying or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance is not a reliable indicator of their future performance. No relationship between top-performing traders & Binance. In no way is performance or results guaranteed. Content on our platform does not contain advice or recommendations. This material should not be construed as financial advice, nor as a recommendation to follow any particular trader or strategy. To learn more about how to protect yourself, visit our Responsible Trading page. Copy trading is restricted in certain countries and to certain users. This content is not intended for users/countries to which restrictions apply. For more information, see our Terms of Use and Risk Warning.

Top Lead Trader Tips: Haywar on Low Risk Pair Trading Strategy

Main TakeawaysThis is the fifth instalment of our Top Lead Trader Tips series, featuring exclusive interviews with some of the top performers on the Binance Copy Trading platform. Today we interviewed Haywar, a Cadet Elite Level Trader on Binance with a whopping 700% return rate over a trading period of over 370 days.Haywar shares his unique pair trading strategy that is agnostic to the market direction, and how he maintains strict risk control to grow his portfolio. Welcome to our Top Lead Trader Tips series, where we continue to bring you invaluable insights from top traders on the Binance Copy Trading platform.In this edition, we caught up with Cadet Elite Lead Trader Haywar, a respected figure in the crypto community known for his calm demeanor, disciplined trading style, and pair trading strategy that prioritizes capital preservation.Whether you are a novice or seasoned trader, you can learn how his relative value trading strategy keeps his portfolio steady in volatile markets. Let’s dive right in.In the Spotlight: HaywarOver the past 370 days, Haywar has managed up to $3 million in assets on Binance with a cumulative return of approximately +700%, while keeping his maximum drawdown under 20%. As of the time of writing, he has 2,646 followers, and he intentionally caps the number of copiers to control the size of assets under management. This is to ensure execution quality and avoid the slippage issues common in low-liquidity altcoins.Unlike many traders who chase high returns with high leverage, Haywar takes a different route: a data-driven, low-risk approach that has consistently earned him the Money Maker badge. Due to his conservative approach to scaling copy volume, he currently maintains the Cadet Elite level.Binance Futures:  First off – how should we address you? Any nickname we should use?Haywar: You can call me Haywar, which is also my English name across platforms like Binance and Twitter.In the Mandarin speaking crypto community, many followers call me “海老师” (Teacher Hai) — a nickname that reflects both my Chinese name and a teaching style I naturally developed while sharing trading ideas. I’ve been told that over time, it became a symbol of trust and calmness in volatile markets for some people in the community.Binance Futures: Could you share a bit about your background and how you got into crypto trading?Haywar: I studied finance and mathematics at UBC Sauder School of Business in Vancouver, Canada, and interned at several investment banks. But I quickly realized that the high-pressure, rigid corporate environment wasn’t for me.After graduating, I became a CFA (Chartered Financial Analyst) instructor. It was around this time that a friend introduced me to crypto — he was selling Bitcoin mining rigs and asked me to help visit overseas mining farms. That was my first real exposure.The more I learned, the more fascinated I became. Eventually, I transitioned into trading full-time — drawn in by the speed, freedom, and global nature of the crypto space.Binance Futures: What’s your core trading strategy today?Haywar: My strategy revolves around pair trading — going long on a strong token while shorting a weaker one. It’s not about predicting where the market is going, but about capturing relative performance between two assets.This method offers three big advantages: low drawdown, low leverage, and capital preservation.It’s especially effective for managing larger portfolios on copy trading platform. I’ve tested trend-following and directional bets before, but pair trading gives me consistent alpha and keeps me immune to market-wide volatility.That’s the real secret behind my risk control.Binance Futures: Your $10K to $100K challenge got a lot of attention. What was the thinking behind it?Haywar: It was my response to a common myth — that you can’t grow capital steadily trading perpetual futures unless you take big risks.So I created an account, applied strict risk controls and pair trading, and reached $100K from $10K. Then I closed the account, but the results drew attention and support. Many followers asked for a repeat — and I’ve already crossed 70% of the target in the second round.The public nature of the challenge helps me stay accountable, focused, and disciplined.Binance Futures: What’s your risk/reward philosophy, and how do you size positions?Haywar: I don’t use a fixed risk/reward ratio — because I rarely take directional trades.Instead, I focus on correlation and mean reversion between two assets. What matters to me is drawdown control, not chasing asymmetric gains.I monitor volatility, pair behavior and historical deviation. But the core mechanics — how I pick the pairs, how I size each leg — I prefer not to reveal in full. That’s where the edge lies.Binance Futures: How do you navigate the recent uncertain macroeconomic conditions?Haywar: I don’t try to predict macro trends. But when the market turns risk-off, I adjust — shorting alts, going long on BTC or even gold-backed assets to stay defensive. My focus is always on relative strength, not market direction. Uncertainty is permanent. The only edge is how you respond.Final ThoughtsHaywar’s story is a refreshing reminder that success in trading isn’t about flashy wins or perfect predictions, it’s about staying in the game sustainably.His signature pair trading strategy doesn’t chase trends – it focuses on balance, discipline, and preserving capital. In a world of noise and volatility, that quiet confidence is what sets him apart.As Haywar puts it, “Any strategy that has a chance of liquidation is not a good strategy — no matter how high the win rate looks.”Ready to explore the world of copy trading? Explore Binance Futures Copy Trading platform to learn from our top-performing community members.If you're confident in your abilities and interested in becoming a Lead Trader to scale up your trading, sign up on Binance Futures Copy Trading now!Further ReadingTop Lead Trader Tips: Cryptoxn on Leveraging Trading AlgorithmsTop Lead Trader Tips: Unusual_Gainz on Crypto Swing TradingTop Lead Trader Tips: Aniki on Trusting Algorithms Over EmotionsDisclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. Trading by following and/or copying or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance is not a reliable indicator of their future performance. No relationship between top-performing traders & Binance. In no way is performance or results guaranteed. Content on our platform does not contain advice or recommendations. This material should not be construed as financial advice, nor as a recommendation to follow any particular trader or strategy. To learn more about how to protect yourself, visit our Responsible Trading page. Copy trading is restricted in certain countries and to certain users. This content is not intended for users/countries to which restrictions apply. For more information, see our Terms of Use and Risk Warning.
How to Sell Bitcoin on Binance in 2025 – a Step-by-Step Guide for BeginnersSelling bitcoin on Binance is quick and simple, with support for multiple fiat currencies like EUR, USD, and many more.Choose from a variety of methods, including bank transfer, credit/debit card, or a local third-party provider.Follow our step-by-step guide to ensure a smooth experience selling your BTC.Cryptocurrencies have experienced significant growth over the past few years, with bitcoin reaching a new all-time high in 2025. Some crypto holders might be thinking about cashing out some of their profits.If you’re looking to sell your bitcoin:Binance offers the easiest and fastest way to cash in with one click. Choose between local currencies such as EUR, USD, BRL, ZAR, AUD, TRY, KES, XOF, XAF, ZMW, SLE, IDR, PHP, AZN, UGX, and TZS.Use your preferred withdrawal method, including bank transfer, credit/debit card, or a local third-party provider.Ready to sell your BTC with low fees? Let’s dive in! How to Sell Bitcoin on Binance.com and Binance DesktopThe Binance.com web platform and Binance Desktop user interfaces are almost identical. The step-by-step instructions for fiat withdrawal are exactly the same for both. 1. Navigate to Binance.com and login with your Binance account.2. Open the ‘Buy and Sell Crypto’ page by clicking ‘Buy Crypto’ on the top right of your homepage.3. Click ‘Sell’ on the transaction panel shown above, then enter the following:Select ‘Bitcoin’ in the top field and enter the amount you wish to sell.Choose which local currency you want to receive and your preferred withdrawal method.Press ‘Sell BTC’ and confirm the transaction if you’re satisfied with the rate.How to Sell Bitcoin on the Binance AppYou can sell your bitcoin using both the Lite and Pro versions of the Binance app. For a simpler and more straightforward experience, we recommend using the Lite version.1. Download the Binance App on your mobile device and login to your Binance account. 2. In the top left corner of the screen, tap the profile icon and switch to Lite.3. Tap the trade icon in the middle of the screen, then tap ‘Sell’.4. Select ‘Bitcoin’ or a specific cryptocurrency you want to sell.5. Enter the amount of bitcoin you wish to sell. If you prefer to specify the amount in your local currency, you can tap 'By Money.'6. Tap ‘Select Receive Method’, then choose your preferred method and follow the instructions.Now that you understand the basics of selling BTC for your local currency, it's crucial to recognize that the process and payment methods can differ based on your region. In the following section, we've outlined various methods along with links to relevant FAQ guides to assist you.How to Sell Bitcoin and Crypto For Different CurrenciesEU: Sell Bitcoin for EUR and Withdraw to Bank AccountConverting your bitcoin to EUR is a simple two-step process: 1) Use the ‘Buy and Sell Crypto’ page to exchange bitcoin for EUR, and 2) withdraw the funds to your bank from your Binance Spot account. Note: If it’s your first time withdrawing, you’ll need to verify your bank account with a 2 EUR transfer.For a more detailed guide, check out our FAQ.Africa: Sell Bitcoin for KES, XOF, XAF, ZMW, USD, SLE, UGX, TZSBinance users in certain African countries can easily sell bitcoin for various African currencies and USD directly to their mobile money accounts. Start by entering the amount you want to sell on the ‘Buy and Sell Crypto’ page. Next, choose ‘Mobile Money’ as your payment method. Provide your account details and phone number, then confirm the transaction. Transfers are quick, typically reaching your mobile money account in 30 seconds or less. To learn more, refer to our FAQ guides:How to Sell Crypto to KES, XOF, XAF, ZMW, USD, SLE on BinanceHow to Sell Crypto to UGX, ZMW, TZS on Binance?Indonesia and Philippines: Sell USDT to IDR and PHPFor users looking to sell their USDT for rupiah (IDR) or pesos (PHP), Binance provides seamless integration with a third-party platform called Tokocrypto.The process is simple and can be done on the ‘Buy and Sell Crypto’ page. Just select Tokocrypto as your payment method and follow the instructions. To learn more, refer to our FAQ guide. All Global Currencies: Sell Bitcoin Using Debit/Credit CardPaymonade is an excellent option if you want a convenient way to convert bitcoin into local currency directly to your debit or credit card. Start your sell order on the 'Buy and Sell Crypto' page, and you'll be redirected to the Paymonade website to set up an account and finalize your transaction. This feature is available across various global markets, providing a flexible alternative for cashing out your bitcoin. For more detailed instructions, refer to our FAQ guide.Final ThoughtsFor users looking to exchange their bitcoin, Binance offers an accessible gateway with a wide range of payment options to choose from, including bank transfer, credit/debit card, and local third-party providers.In case some currencies and payment methods aren’t accessible in your region, Binance P2P, our official peer-to-peer marketplace, lets you exchange your bitcoin directly with verified merchants at competitive rates.Further ReadingHow to Cash Out Your Bitcoin on BinanceBinance P2P Express: How to Buy & Sell Crypto Instantly in 2025Your Guide to Binance Deposit/Withdrawal

How to Sell Bitcoin on Binance in 2025 – a Step-by-Step Guide for Beginners

Selling bitcoin on Binance is quick and simple, with support for multiple fiat currencies like EUR, USD, and many more.Choose from a variety of methods, including bank transfer, credit/debit card, or a local third-party provider.Follow our step-by-step guide to ensure a smooth experience selling your BTC.Cryptocurrencies have experienced significant growth over the past few years, with bitcoin reaching a new all-time high in 2025. Some crypto holders might be thinking about cashing out some of their profits.If you’re looking to sell your bitcoin:Binance offers the easiest and fastest way to cash in with one click. Choose between local currencies such as EUR, USD, BRL, ZAR, AUD, TRY, KES, XOF, XAF, ZMW, SLE, IDR, PHP, AZN, UGX, and TZS.Use your preferred withdrawal method, including bank transfer, credit/debit card, or a local third-party provider.Ready to sell your BTC with low fees? Let’s dive in! How to Sell Bitcoin on Binance.com and Binance DesktopThe Binance.com web platform and Binance Desktop user interfaces are almost identical. The step-by-step instructions for fiat withdrawal are exactly the same for both. 1. Navigate to Binance.com and login with your Binance account.2. Open the ‘Buy and Sell Crypto’ page by clicking ‘Buy Crypto’ on the top right of your homepage.3. Click ‘Sell’ on the transaction panel shown above, then enter the following:Select ‘Bitcoin’ in the top field and enter the amount you wish to sell.Choose which local currency you want to receive and your preferred withdrawal method.Press ‘Sell BTC’ and confirm the transaction if you’re satisfied with the rate.How to Sell Bitcoin on the Binance AppYou can sell your bitcoin using both the Lite and Pro versions of the Binance app. For a simpler and more straightforward experience, we recommend using the Lite version.1. Download the Binance App on your mobile device and login to your Binance account. 2. In the top left corner of the screen, tap the profile icon and switch to Lite.3. Tap the trade icon in the middle of the screen, then tap ‘Sell’.4. Select ‘Bitcoin’ or a specific cryptocurrency you want to sell.5. Enter the amount of bitcoin you wish to sell. If you prefer to specify the amount in your local currency, you can tap 'By Money.'6. Tap ‘Select Receive Method’, then choose your preferred method and follow the instructions.Now that you understand the basics of selling BTC for your local currency, it's crucial to recognize that the process and payment methods can differ based on your region. In the following section, we've outlined various methods along with links to relevant FAQ guides to assist you.How to Sell Bitcoin and Crypto For Different CurrenciesEU: Sell Bitcoin for EUR and Withdraw to Bank AccountConverting your bitcoin to EUR is a simple two-step process: 1) Use the ‘Buy and Sell Crypto’ page to exchange bitcoin for EUR, and 2) withdraw the funds to your bank from your Binance Spot account. Note: If it’s your first time withdrawing, you’ll need to verify your bank account with a 2 EUR transfer.For a more detailed guide, check out our FAQ.Africa: Sell Bitcoin for KES, XOF, XAF, ZMW, USD, SLE, UGX, TZSBinance users in certain African countries can easily sell bitcoin for various African currencies and USD directly to their mobile money accounts. Start by entering the amount you want to sell on the ‘Buy and Sell Crypto’ page. Next, choose ‘Mobile Money’ as your payment method. Provide your account details and phone number, then confirm the transaction. Transfers are quick, typically reaching your mobile money account in 30 seconds or less. To learn more, refer to our FAQ guides:How to Sell Crypto to KES, XOF, XAF, ZMW, USD, SLE on BinanceHow to Sell Crypto to UGX, ZMW, TZS on Binance?Indonesia and Philippines: Sell USDT to IDR and PHPFor users looking to sell their USDT for rupiah (IDR) or pesos (PHP), Binance provides seamless integration with a third-party platform called Tokocrypto.The process is simple and can be done on the ‘Buy and Sell Crypto’ page. Just select Tokocrypto as your payment method and follow the instructions. To learn more, refer to our FAQ guide. All Global Currencies: Sell Bitcoin Using Debit/Credit CardPaymonade is an excellent option if you want a convenient way to convert bitcoin into local currency directly to your debit or credit card. Start your sell order on the 'Buy and Sell Crypto' page, and you'll be redirected to the Paymonade website to set up an account and finalize your transaction. This feature is available across various global markets, providing a flexible alternative for cashing out your bitcoin. For more detailed instructions, refer to our FAQ guide.Final ThoughtsFor users looking to exchange their bitcoin, Binance offers an accessible gateway with a wide range of payment options to choose from, including bank transfer, credit/debit card, and local third-party providers.In case some currencies and payment methods aren’t accessible in your region, Binance P2P, our official peer-to-peer marketplace, lets you exchange your bitcoin directly with verified merchants at competitive rates.Further ReadingHow to Cash Out Your Bitcoin on BinanceBinance P2P Express: How to Buy & Sell Crypto Instantly in 2025Your Guide to Binance Deposit/Withdrawal
On-Chain Dynamics Reveal Binance’s Role as Crypto’s Key Capital Hub And Liquidity DestinationMain TakeawaysAccording to CryptoQuant’s data, as of May 2025, Binance held $31 billion in USDT and USDC, amounting to nearly 59% of all stablecoin reserves on centralized crypto exchanges.Stablecoin inflows are a reliable indicator of user trust and readiness to deploy funds. Binance’s position as the primary destination for stablecoin liquidity makes it the key global platform for capital activation.This dynamic also signals deep user confidence in Binance’s liquidity, product variety, global access, and security.Speculation and hype may stir conversation, but capital flows quietly point to where conviction truly lies. In crypto, where prices and narratives often shift within hours, stablecoins provide a steadier, more deliberate signal of user intent. When users deposit stablecoins onto a platform, they are preparing – waiting for the right opportunity, the right market conditions, and the right infrastructure to act with confidence. Seen like this, stablecoin flows trace a path of trust. A recent on-chain analysis by CryptoQuant reveals that Binance holds the majority of these stablecoin reserves among centralized exchanges. Here’s what it means for Binance, trust, and the financial architecture of the crypto space.A Stable Measure of ConfidenceAs of May 2025, Binance held $31 billion in USDT and USDC, accounting for almost 59% of all stablecoin balances across centralized exchanges. This is more than an impressive stat: it highlights Binance as a platform users trust.Source: CryptoQuantThis trust is not only evident in the overall balances but also in the flow of new capital entering the space. Year-to-date, Binance has attracted $180 billion in stablecoin inflows, which underscores its role as a primary gateway for global crypto capital. A recent analysis by market intelligence firm CB Insights further supports this notion, ranking Binance as #1 among platforms and services that facilitate the conversion between stablecoins and other assets.The takeaway is twofold: it shows that users are choosing Binance not just as a place to store liquid funds, but as a launchpad – a platform where capital can be activated, whether through trading, staking, or yield strategies. And as new funds continue to arrive, it’s clear that this preference extends from crypto natives to those newly-minted. Following Digital GoldWhile stablecoins reflect readiness, BTC inflows reflect something even more resolute: belief in the long-term value of the original cryptocurrency and the broader future of digital finance.Bitcoin, often referred to as digital gold, is a high-value asset that many users hold with long-term conviction. So when it’s moved onto a platform, it implies a high degree of trust – in the platform’s security, custodial capabilities, and ability to operate reliably under pressure.A recent analysis by CryptoQuant pointed to significant BTC inflows into Binance. On May 22, as BTC reached a new all-time high of $112,000, Binance recorded the highest average BTC deposit among major exchanges – 7 BTC. For comparison, Bitfinex saw an average of 5 BTC, OKX 1.23 BTC, while Kraken and Coinbase were both below 1 BTC.Larger deposits often reflect larger players – institutions, funds, and high-net-worth individuals – making deliberate decisions about where to store and manage capital. These inflows suggest that many of them are choosing Binance.When viewed alongside the platform’s stablecoin inflows, the picture becomes clearer: capital is entering the crypto space and being allocated with purpose. And increasingly, that allocation is happening on Binance.Why Binance?This flow of capital doesn’t happen by chance, but rather, it follows proven performance. It reflects the strength of Binance across four key pillars: deep liquidity, a comprehensive product suite, global accessibility, and reliability.Liquidity Liquidity is a key consideration for many traders, making Binance’s deep order books and tight spreads a major draw. High liquidity means faster execution, and more cost-efficient trades, especially for large-volume participants looking to minimize slippage. With deep order books across major trading pairs, users can enter or exit positions quickly, even in fast-moving markets. Whether it’s an institutional-size order or a single retail trade, Binance’s liquidity translates to better pricing and greater confidence with every transaction.Product Depth and BreadthWhy hop between a dozen little shops to get your groceries when you can stroll into a well-stocked supermarket that has everything you need under one roof? Binance has dedicated time, energy, and resources to build just that – a one-stop hub for all your crypto needs.With a vast lineup of cryptocurrencies from household names to promising newcomers Binance makes building a diverse portfolio simple and exciting. Other than just offering variety, Binance equips traders with a powerful toolkit: advanced order types, margin and futures trading, and smart automation, all wrapped in a user-friendly design that helps you stay ahead in the game.And if you’re looking to grow your assets without constantly watching the market, our range of staking and liquidity farming options lets your crypto do the work for you. Whether you’re hands-on or hands-off, Binance aims to be the place where your crypto journey comes together seamlessly.Global Reach and AccessibilityBinance’s strength is not just defined by a single region. Serving more than a hundred countries, Binance is dedicated to delivering seamless access and trusted services to wherever our users are. A key part of this commitment is Binance Pay, which is a contactless, borderless payment system that lets users send and receive crypto easily, supporting everyday transactions and expanding crypto’s real-world utility. Together with our broad reach and comprehensive offerings, Binance is building the foundation for a truly global, accessible crypto ecosystem – connecting people and possibilities everywhere.SAFU and ReliableGiven crypto’s volatile nature and the frequent concern surrounding scammers, users naturally gravitate toward platforms they can trust for secure custody, user-fund transparency, and robust security measures. Part of our user confidence stems from SAFU – Binance’s emergency fund. Funded by a portion of trading fees, SAFU is designed to safeguard user assets in unforeseen situations, providing an added layer of protection when it counts most. Further strengthening this trust, Binance continues to lead in innovation. For one, a recent research paper, presented at a leading blockchain conference, introduced new liquidity risk indicators for memecoin markets that are now being integrated into our systems to better assess market depth and protect users.In short, it is not by chance that users choose Binance to deploy their capital. They’re choosing it because of our liquidity, product offerings, accessibility, and reliability.Final ThoughtsBinance stands as a vital barometer of crypto’s health and future direction. The flow of capital reveals where conviction truly lies, and where opportunity takes shape. Across stablecoins and digital gold, from retail investors to institutional giants, Binance consistently emerges as the trusted gateway, reflecting the evolving landscape of the crypto world. Where capital flows, innovation follows – and right now, it is flowing decisively to Binance.Further ReadingFaster Than Traditional Payments, Deeper Than Social Networks – Binance Smashes Through 275 Million UsersBinance Japan Earns Global Security and Privacy CertificationsBinance’s 2024 End-of-Year Report: Wrapping a Transformative Year Quarter of a Billion Users Strong

On-Chain Dynamics Reveal Binance’s Role as Crypto’s Key Capital Hub And Liquidity Destination

Main TakeawaysAccording to CryptoQuant’s data, as of May 2025, Binance held $31 billion in USDT and USDC, amounting to nearly 59% of all stablecoin reserves on centralized crypto exchanges.Stablecoin inflows are a reliable indicator of user trust and readiness to deploy funds. Binance’s position as the primary destination for stablecoin liquidity makes it the key global platform for capital activation.This dynamic also signals deep user confidence in Binance’s liquidity, product variety, global access, and security.Speculation and hype may stir conversation, but capital flows quietly point to where conviction truly lies. In crypto, where prices and narratives often shift within hours, stablecoins provide a steadier, more deliberate signal of user intent. When users deposit stablecoins onto a platform, they are preparing – waiting for the right opportunity, the right market conditions, and the right infrastructure to act with confidence. Seen like this, stablecoin flows trace a path of trust. A recent on-chain analysis by CryptoQuant reveals that Binance holds the majority of these stablecoin reserves among centralized exchanges. Here’s what it means for Binance, trust, and the financial architecture of the crypto space.A Stable Measure of ConfidenceAs of May 2025, Binance held $31 billion in USDT and USDC, accounting for almost 59% of all stablecoin balances across centralized exchanges. This is more than an impressive stat: it highlights Binance as a platform users trust.Source: CryptoQuantThis trust is not only evident in the overall balances but also in the flow of new capital entering the space. Year-to-date, Binance has attracted $180 billion in stablecoin inflows, which underscores its role as a primary gateway for global crypto capital. A recent analysis by market intelligence firm CB Insights further supports this notion, ranking Binance as #1 among platforms and services that facilitate the conversion between stablecoins and other assets.The takeaway is twofold: it shows that users are choosing Binance not just as a place to store liquid funds, but as a launchpad – a platform where capital can be activated, whether through trading, staking, or yield strategies. And as new funds continue to arrive, it’s clear that this preference extends from crypto natives to those newly-minted. Following Digital GoldWhile stablecoins reflect readiness, BTC inflows reflect something even more resolute: belief in the long-term value of the original cryptocurrency and the broader future of digital finance.Bitcoin, often referred to as digital gold, is a high-value asset that many users hold with long-term conviction. So when it’s moved onto a platform, it implies a high degree of trust – in the platform’s security, custodial capabilities, and ability to operate reliably under pressure.A recent analysis by CryptoQuant pointed to significant BTC inflows into Binance. On May 22, as BTC reached a new all-time high of $112,000, Binance recorded the highest average BTC deposit among major exchanges – 7 BTC. For comparison, Bitfinex saw an average of 5 BTC, OKX 1.23 BTC, while Kraken and Coinbase were both below 1 BTC.Larger deposits often reflect larger players – institutions, funds, and high-net-worth individuals – making deliberate decisions about where to store and manage capital. These inflows suggest that many of them are choosing Binance.When viewed alongside the platform’s stablecoin inflows, the picture becomes clearer: capital is entering the crypto space and being allocated with purpose. And increasingly, that allocation is happening on Binance.Why Binance?This flow of capital doesn’t happen by chance, but rather, it follows proven performance. It reflects the strength of Binance across four key pillars: deep liquidity, a comprehensive product suite, global accessibility, and reliability.Liquidity Liquidity is a key consideration for many traders, making Binance’s deep order books and tight spreads a major draw. High liquidity means faster execution, and more cost-efficient trades, especially for large-volume participants looking to minimize slippage. With deep order books across major trading pairs, users can enter or exit positions quickly, even in fast-moving markets. Whether it’s an institutional-size order or a single retail trade, Binance’s liquidity translates to better pricing and greater confidence with every transaction.Product Depth and BreadthWhy hop between a dozen little shops to get your groceries when you can stroll into a well-stocked supermarket that has everything you need under one roof? Binance has dedicated time, energy, and resources to build just that – a one-stop hub for all your crypto needs.With a vast lineup of cryptocurrencies from household names to promising newcomers Binance makes building a diverse portfolio simple and exciting. Other than just offering variety, Binance equips traders with a powerful toolkit: advanced order types, margin and futures trading, and smart automation, all wrapped in a user-friendly design that helps you stay ahead in the game.And if you’re looking to grow your assets without constantly watching the market, our range of staking and liquidity farming options lets your crypto do the work for you. Whether you’re hands-on or hands-off, Binance aims to be the place where your crypto journey comes together seamlessly.Global Reach and AccessibilityBinance’s strength is not just defined by a single region. Serving more than a hundred countries, Binance is dedicated to delivering seamless access and trusted services to wherever our users are. A key part of this commitment is Binance Pay, which is a contactless, borderless payment system that lets users send and receive crypto easily, supporting everyday transactions and expanding crypto’s real-world utility. Together with our broad reach and comprehensive offerings, Binance is building the foundation for a truly global, accessible crypto ecosystem – connecting people and possibilities everywhere.SAFU and ReliableGiven crypto’s volatile nature and the frequent concern surrounding scammers, users naturally gravitate toward platforms they can trust for secure custody, user-fund transparency, and robust security measures. Part of our user confidence stems from SAFU – Binance’s emergency fund. Funded by a portion of trading fees, SAFU is designed to safeguard user assets in unforeseen situations, providing an added layer of protection when it counts most. Further strengthening this trust, Binance continues to lead in innovation. For one, a recent research paper, presented at a leading blockchain conference, introduced new liquidity risk indicators for memecoin markets that are now being integrated into our systems to better assess market depth and protect users.In short, it is not by chance that users choose Binance to deploy their capital. They’re choosing it because of our liquidity, product offerings, accessibility, and reliability.Final ThoughtsBinance stands as a vital barometer of crypto’s health and future direction. The flow of capital reveals where conviction truly lies, and where opportunity takes shape. Across stablecoins and digital gold, from retail investors to institutional giants, Binance consistently emerges as the trusted gateway, reflecting the evolving landscape of the crypto world. Where capital flows, innovation follows – and right now, it is flowing decisively to Binance.Further ReadingFaster Than Traditional Payments, Deeper Than Social Networks – Binance Smashes Through 275 Million UsersBinance Japan Earns Global Security and Privacy CertificationsBinance’s 2024 End-of-Year Report: Wrapping a Transformative Year Quarter of a Billion Users Strong
Fake Proof of Payment Scams in P2P Crypto Trading – Spotting and Avoiding Them in 2025Main TakeawaysProof of payment scams involve deceitful payment confirmations designed to make crypto sellers believe that they have been paid and release their digital assets to the buyer.When trading P2P, always wait for official confirmation before releasing crypto. Ensure that the buyer's account details match those on the platform, and examine the proof of payment for inconsistencies.Avoid falling victim to scams by remaining vigilant, checking payment directly from your wallet or bank account, and being cautious with urgent requests.At Binance, we work hard to ensure the safety of our P2P trading community. However, traders’ own vigilance and awareness are the first and strongest line of defense. Malicious users can try to take advantage of P2P traders by using proof of payment scams, which involve sending fake payment confirmations to the seller. In this guide, you’ll learn how proof of payment scams work, seven ways you can avoid such scams, and what to do if you’ve fallen victim. Read on to ensure a secure and enjoyable P2P trading experience on Binance.What Are Proof of Payment Scams in P2P Trading?Proof of payment scams occur when a buyer sends a counterfeit payment confirmation to the seller, tricking them into releasing the crypto without actually receiving the payment. Two common techniques involve:Fabricated screenshots: carefully edited images of bank transactions that appear real at first glanceFake banking websites that perfectly mimic their legitimate counterparts. Remember: psychological manipulation plays a key role in these scams. Criminals may try to pressure you with “medical emergencies” or “legal threats.” When in doubt, always contact the Binance Support team.7 Ways to Avoid P2P Payment Scams1. Trade with verified merchants: Always look for yellow-checkmark traders on Binance P2P. These are trustworthy merchants who have undergone rigorous verification and completed a significant volume of P2P trades on Binance with high positive feedback rates.2. Verify account names and numbers: Before initiating the trade, double-check the payment details. Make sure the Binance account name and bank account name of the buyer match the details on the platform. Avoid third-party payments; only use Binance P2P's platform to execute your trade.3. Wait for official payment confirmations: Never rely on proof provided by the buyer. Instead, check the account balance of your selected payment method. Some platforms may take some time to receive payment, so be patient before releasing your crypto.4. Be cautious of urgent requests: Scammers often create a sense of urgency, pushing sellers to release the crypto quickly. Stay calm and be wary of claims that their account will freeze or threats of legal action if you don’t release the crypto immediately. 5. Examine proof of payment carefully: Inspect the buyer's proof of payment for inconsistencies, such as altered fonts, mismatched logos, or irregular transaction details. Any discrepancies should raise a red flag. Report or raise an appeal to Binance support immediately if you observe any signs of a scam.6. Maintain open communication: Ensure you and your trading partner maintain open communication throughout the process. Use the chat feature in the P2P trading platform to resolve any issues or clarify concerns. Never communicate with your trading partner via third-party apps like WhatsApp or Telegram.7. Contact customer support: If you have any doubts about your trading partner, you can tap [Report] in the top right of your chatbox window. Provide as much detail as possible, including screenshots and transaction ids.Below are some examples of manipulated or forged proof-of-payment documents provided by P2P scammers.What to Do If You’ve Fallen Victim to a Payment ScamTake these immediate actions:File a report to Binance Support: Click [Report] in the Binance P2P trade chat or directly from the merchant’s profile. Screenshot the entire conversation history as evidence, including any payment “proof” provided by the buyer. If you notice anything suspicious before an order is completed or cancelled, promptly raise an appeal and suspend the transaction to prevent potential financial loss.Contact the police: Binance works closely with law enforcement agencies worldwide to combat scammers. Provide as much relevant evidence as possible. Recovering your money is not guaranteed. However, in most cases, this is your only chance to retrieve the stolen funds. Avoid third-party recovery services: Recovery services are often second-order scams, making false promises and requiring upfront payments. Your best chance of recovering stolen funds is through the police or by contacting Binance Support. Don’t get fooled twice.How Binance P2P Protects You From ScammersBinance P2P incorporates multiple layers of security to keep you and your crypto secure from malicious individuals. Below are a few of the many security measures we employ:Secure Transactions with EscrowFunds are automatically reserved in the seller's Funding Wallet when an ad is posted. If the buyer fails to complete their end of the trade, our customer support team will release the reserved crypto back to your account.Appeals ProcessIf communication breaks down, disputes occur during transactions, or the counterparty is acting suspicious, you can initiate an appeal. Our customer support team is available 24/7 to troubleshoot any issues with your P2P experience.Verified MerchantsWe employ a rigorous screening process for all our verified merchants, which you can find with a yellow tick next to their name. By adjusting your P2P ad settings, you can opt to trade only with verified merchants.Risk Control MeasuresBinance employs a comprehensive risk control system designed to minimize fraudulent activity on its P2P platform. This system includes advanced monitoring tools and verification processes to ensure a secure trading environment for all users.Final ThoughtsAs a P2P trader, you must remain vigilant to avoid falling victim to proof of payment scams. By following the tips mentioned above and adhering to Binance's guidelines, you can protect yourself and enjoy hassle-free, secure P2P trading. Always verify payments through official channels. Don’t rely on buyer-provided proof.If the buyer seems suspicious, contact customer support immediately. If you’ve fallen victim, remember that filing a report and contacting the police as soon as possible maximizes your chances of recovery. Stay safe and trade wisely.Get Started With Binance P2PReady to start trading on Binance P2P? Register a new Binance account or download the Binance app. Once you've completed your identity verification, you can start buying and selling crypto on the Binance P2P marketplace.Further Reading4 Common P2P Crypto Trading Mistakes to Avoid in 2025Binance P2P Beginner's Guide – How to Buy and Sell Crypto SafelyUnderstanding the Risks of Off-Exchange P2P TradingDisclaimer: Your use of Binance P2P services and all information and other content (including that of third parties) included in or accessible from Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. The Binance P2P platform has neither the right nor obligation to resolve any disputes arising from a completed payment. Neither the Binance P2P platform nor its merchants shall be responsible for any loss after a completed payment.

Fake Proof of Payment Scams in P2P Crypto Trading – Spotting and Avoiding Them in 2025

Main TakeawaysProof of payment scams involve deceitful payment confirmations designed to make crypto sellers believe that they have been paid and release their digital assets to the buyer.When trading P2P, always wait for official confirmation before releasing crypto. Ensure that the buyer's account details match those on the platform, and examine the proof of payment for inconsistencies.Avoid falling victim to scams by remaining vigilant, checking payment directly from your wallet or bank account, and being cautious with urgent requests.At Binance, we work hard to ensure the safety of our P2P trading community. However, traders’ own vigilance and awareness are the first and strongest line of defense. Malicious users can try to take advantage of P2P traders by using proof of payment scams, which involve sending fake payment confirmations to the seller. In this guide, you’ll learn how proof of payment scams work, seven ways you can avoid such scams, and what to do if you’ve fallen victim. Read on to ensure a secure and enjoyable P2P trading experience on Binance.What Are Proof of Payment Scams in P2P Trading?Proof of payment scams occur when a buyer sends a counterfeit payment confirmation to the seller, tricking them into releasing the crypto without actually receiving the payment. Two common techniques involve:Fabricated screenshots: carefully edited images of bank transactions that appear real at first glanceFake banking websites that perfectly mimic their legitimate counterparts. Remember: psychological manipulation plays a key role in these scams. Criminals may try to pressure you with “medical emergencies” or “legal threats.” When in doubt, always contact the Binance Support team.7 Ways to Avoid P2P Payment Scams1. Trade with verified merchants: Always look for yellow-checkmark traders on Binance P2P. These are trustworthy merchants who have undergone rigorous verification and completed a significant volume of P2P trades on Binance with high positive feedback rates.2. Verify account names and numbers: Before initiating the trade, double-check the payment details. Make sure the Binance account name and bank account name of the buyer match the details on the platform. Avoid third-party payments; only use Binance P2P's platform to execute your trade.3. Wait for official payment confirmations: Never rely on proof provided by the buyer. Instead, check the account balance of your selected payment method. Some platforms may take some time to receive payment, so be patient before releasing your crypto.4. Be cautious of urgent requests: Scammers often create a sense of urgency, pushing sellers to release the crypto quickly. Stay calm and be wary of claims that their account will freeze or threats of legal action if you don’t release the crypto immediately. 5. Examine proof of payment carefully: Inspect the buyer's proof of payment for inconsistencies, such as altered fonts, mismatched logos, or irregular transaction details. Any discrepancies should raise a red flag. Report or raise an appeal to Binance support immediately if you observe any signs of a scam.6. Maintain open communication: Ensure you and your trading partner maintain open communication throughout the process. Use the chat feature in the P2P trading platform to resolve any issues or clarify concerns. Never communicate with your trading partner via third-party apps like WhatsApp or Telegram.7. Contact customer support: If you have any doubts about your trading partner, you can tap [Report] in the top right of your chatbox window. Provide as much detail as possible, including screenshots and transaction ids.Below are some examples of manipulated or forged proof-of-payment documents provided by P2P scammers.What to Do If You’ve Fallen Victim to a Payment ScamTake these immediate actions:File a report to Binance Support: Click [Report] in the Binance P2P trade chat or directly from the merchant’s profile. Screenshot the entire conversation history as evidence, including any payment “proof” provided by the buyer. If you notice anything suspicious before an order is completed or cancelled, promptly raise an appeal and suspend the transaction to prevent potential financial loss.Contact the police: Binance works closely with law enforcement agencies worldwide to combat scammers. Provide as much relevant evidence as possible. Recovering your money is not guaranteed. However, in most cases, this is your only chance to retrieve the stolen funds. Avoid third-party recovery services: Recovery services are often second-order scams, making false promises and requiring upfront payments. Your best chance of recovering stolen funds is through the police or by contacting Binance Support. Don’t get fooled twice.How Binance P2P Protects You From ScammersBinance P2P incorporates multiple layers of security to keep you and your crypto secure from malicious individuals. Below are a few of the many security measures we employ:Secure Transactions with EscrowFunds are automatically reserved in the seller's Funding Wallet when an ad is posted. If the buyer fails to complete their end of the trade, our customer support team will release the reserved crypto back to your account.Appeals ProcessIf communication breaks down, disputes occur during transactions, or the counterparty is acting suspicious, you can initiate an appeal. Our customer support team is available 24/7 to troubleshoot any issues with your P2P experience.Verified MerchantsWe employ a rigorous screening process for all our verified merchants, which you can find with a yellow tick next to their name. By adjusting your P2P ad settings, you can opt to trade only with verified merchants.Risk Control MeasuresBinance employs a comprehensive risk control system designed to minimize fraudulent activity on its P2P platform. This system includes advanced monitoring tools and verification processes to ensure a secure trading environment for all users.Final ThoughtsAs a P2P trader, you must remain vigilant to avoid falling victim to proof of payment scams. By following the tips mentioned above and adhering to Binance's guidelines, you can protect yourself and enjoy hassle-free, secure P2P trading. Always verify payments through official channels. Don’t rely on buyer-provided proof.If the buyer seems suspicious, contact customer support immediately. If you’ve fallen victim, remember that filing a report and contacting the police as soon as possible maximizes your chances of recovery. Stay safe and trade wisely.Get Started With Binance P2PReady to start trading on Binance P2P? Register a new Binance account or download the Binance app. Once you've completed your identity verification, you can start buying and selling crypto on the Binance P2P marketplace.Further Reading4 Common P2P Crypto Trading Mistakes to Avoid in 2025Binance P2P Beginner's Guide – How to Buy and Sell Crypto SafelyUnderstanding the Risks of Off-Exchange P2P TradingDisclaimer: Your use of Binance P2P services and all information and other content (including that of third parties) included in or accessible from Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. The Binance P2P platform has neither the right nor obligation to resolve any disputes arising from a completed payment. Neither the Binance P2P platform nor its merchants shall be responsible for any loss after a completed payment.
Binance Traders League Is Back: Join Now to Win Up to $6M in Crypto Rewards!Main TakeawaysBinance Traders League Season 2 starts June 9, with pre-registration from June 2, and a prize pool of up to $6M across solo, team, and regional competitions.New features like the Traders Passport, regional competitions, and side quests make it easier — and more rewarding — for everyone to get involved.Go beyond the charts with livestreamed trading on Binance Square and real-time strategy chats on Discord for even more ways to win.This is a general announcement. Products and services referred to here may not be available in your region.Binance Traders League is our flagship trading competition — where skill meets strategy, and traders from around the world go head-to-head for crypto rewards and bragging rights. It’s fast-paced, fiercely competitive, and open to everyone.Last year, more than half a million traders took part. They traded solo. Teamed up. Climbed the leaderboards. And walked away with serious rewards. Now, it’s back! Pre-registration opens June 2, 2025, and the four-week competition kicks off June 9, with a prize pool of up to $6 million up for grabs. Whether you’re flying solo, building a global team, or trading for your region, there’s a category for you. It’s fair. Transparent. And built for all levels. In this blog, we’ll break down what’s new this year, give you a summary of the key dates and competitions, and show you how to get involved — whether you’re here to win, learn, or just have some fun along the way.What’s New in Traders League Season 2This isn’t just a new season — it’s a complete upgrade. Binance Traders League has been rebuilt with features that make competing easier to follow, more rewarding to play, and more fun to share. Whether you’re tracking your progress, forming global teams, or trading for your region, everything’s been designed to raise the game.1. Traders Passport: Your new campaign HQ. It brings everything together in one view — leaderboard positions, estimated rewards, badge milestones, and more. You can also share your passport page to rally teammates or show off your stats.2. Regional Competition: You’ll now compete as part of a regional team by default. It’s a new layer of challenge — and a reason to rally your local community. Top traders in the leading region, plus standout performers in others, earn extra rewards.3. Free-Form Teams for Spot and Futures: Teams are now open to all — not just Futures traders. You can build or join a Spot or Futures team with anyone, anywhere. No region or size limits. Just strategy and collaboration.4. Side Tasks and Warm-Up Quests: These are built for users who want to get involved but aren’t chasing leaderboard positions. Complete simple product tasks or take part in the Square Trading Live to unlock token rewards along the way.5. Refreshed Interface: The new landing page puts your Traders Passport, task list, categories, and rankings all in one place. It’s faster, clearer, and easier to use — so you can focus on trading.Key Dates and Competition CategoriesFrom registration windows to competition timelines, category formats to who’s eligible — everything you need to plan your run at the leaderboard starts here.Pre-registration: June 2–8, 2025. Sign up, explore the new interface, and either build your team or join one that’s already gaining momentum.Competition: June 9-July 6, 2025. Four weeks of trading, leaderboards, and category-specific challenges — all counting toward your share of the prize pool.Who can join: All verified users (regular and VIP 1–6) are welcome — no trading volume required to enter, and no region restrictions on team formation. Liquidity providers are excluded.Where to competeSpot Trading: Compete solo or as part of a team. The Solo ROI category rewards sharp decision-making, while Team PnL is all about coordination. If you know how to read the market — or rally a squad that does — this is your stage.Futures Trading: Built for traders who thrive on speed and volatility. In the Solo ROI category, it’s all about precision — the higher your return on investment, the higher you climb. Prefer to trade with a crew? Team PnL rewards collective gains, where every profitable move contributes to your team’s performance.Regional Competitions: You’ll be auto-assigned to a regional team. From there, every trade contributes to both your personal ROI and your region’s overall standing. Think of it as representing your home turf — and a new way to win.Side Quests & Warm-Up Tasks: Just getting started? No problem. These product-based challenges are built to ease you in — offering rewards for small wins, steady progress, and showing up. A great way to get familiar with Binance.How to join Binance Traders LeagueOne-Click Entry: Getting started couldn’t be easier: just click the relevant button on the Traders League landing page to opt in. Whether you’re aiming for the top or just in it for fun, everyone starts the same way — with one click.👉 Please check the full announcement for detailed rules and breakdowns.Bonus Activities: Trade Live, Join the ConversationThis season, the competition doesn’t stop at the order book. From livestreamed trading battles to real-time strategy chats, Traders League Season 2 is bringing the action to social — giving you even more ways to take part, stand out, and earn rewards.Futures Showdown on Binance Square From 3 June to 7 July, livestreamers and trading content creators can join the Futures Showdown — a live trading competition hosted on Binance Square, our crypto-focused social platform. The event invites Futures traders to stream their strategies, grow their audience, and compete for a share of a $50,000 prize pool.Participants need to host at least three livestreams per week (each one running 60 minutes or longer and reaching 500+ listens). Leaderboards will be updated weekly on Binance Square Official, with prizes going to top traders by volume and those who bring the most new users to Binance. If you’re a content creator or trader ready to take the mic, this is your stage.  Please see the Futures Showdown landing page for more information.Traders League Challenges on DiscordBinance Discord is adding a dedicated channel for Traders League — your space to connect with fellow Spot and Futures traders throughout the competition. Chat about trading strategies, share your progress, and help each other climb the leaderboard.You’ll also find weekly community challenges inside the channel — a fun way to stay engaged and unlock extra rewards as you go. Whether you’re chasing the top spot or just looking to learn and improve, it’s a great way to trade alongside the community.Final ThoughtsBinance Traders League Season 2 isn’t just back — it’s been rebuilt for every kind of trader. Whether you’re going solo, building a team, or repping your region, this year’s League gives you more ways to get involved, track your progress, and compete.With a prize pool of up to $6 million, upgraded categories, and the all-new Traders Passport to keep everything in one place, it’s as rewarding as it is competitive. And it doesn’t stop at the charts — from livestreamed trades on Square to strategy sessions on Discord, the League now lives across the wider Binance community.However you choose to take part, this is your shot to trade with purpose — and see how far it takes you. The leaderboard’s waiting. The rewards are real. Every trade counts.Register now, build your team, and get ready to trade your way to the top.Further ReadingBinance Spot Traders League: Trade to Win a Share of $1.8M in USDC Token Vouchers!Compete in Binance Futures Traders League and Win a Share of Up to 3,000,000 USDT in Rewards!Binance Traders League Season 2: Compete in the Regional Competitions and Win a Share of $100,000 in BNB!Risk Disclaimer: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.

Binance Traders League Is Back: Join Now to Win Up to $6M in Crypto Rewards!

Main TakeawaysBinance Traders League Season 2 starts June 9, with pre-registration from June 2, and a prize pool of up to $6M across solo, team, and regional competitions.New features like the Traders Passport, regional competitions, and side quests make it easier — and more rewarding — for everyone to get involved.Go beyond the charts with livestreamed trading on Binance Square and real-time strategy chats on Discord for even more ways to win.This is a general announcement. Products and services referred to here may not be available in your region.Binance Traders League is our flagship trading competition — where skill meets strategy, and traders from around the world go head-to-head for crypto rewards and bragging rights. It’s fast-paced, fiercely competitive, and open to everyone.Last year, more than half a million traders took part. They traded solo. Teamed up. Climbed the leaderboards. And walked away with serious rewards. Now, it’s back! Pre-registration opens June 2, 2025, and the four-week competition kicks off June 9, with a prize pool of up to $6 million up for grabs. Whether you’re flying solo, building a global team, or trading for your region, there’s a category for you. It’s fair. Transparent. And built for all levels. In this blog, we’ll break down what’s new this year, give you a summary of the key dates and competitions, and show you how to get involved — whether you’re here to win, learn, or just have some fun along the way.What’s New in Traders League Season 2This isn’t just a new season — it’s a complete upgrade. Binance Traders League has been rebuilt with features that make competing easier to follow, more rewarding to play, and more fun to share. Whether you’re tracking your progress, forming global teams, or trading for your region, everything’s been designed to raise the game.1. Traders Passport: Your new campaign HQ. It brings everything together in one view — leaderboard positions, estimated rewards, badge milestones, and more. You can also share your passport page to rally teammates or show off your stats.2. Regional Competition: You’ll now compete as part of a regional team by default. It’s a new layer of challenge — and a reason to rally your local community. Top traders in the leading region, plus standout performers in others, earn extra rewards.3. Free-Form Teams for Spot and Futures: Teams are now open to all — not just Futures traders. You can build or join a Spot or Futures team with anyone, anywhere. No region or size limits. Just strategy and collaboration.4. Side Tasks and Warm-Up Quests: These are built for users who want to get involved but aren’t chasing leaderboard positions. Complete simple product tasks or take part in the Square Trading Live to unlock token rewards along the way.5. Refreshed Interface: The new landing page puts your Traders Passport, task list, categories, and rankings all in one place. It’s faster, clearer, and easier to use — so you can focus on trading.Key Dates and Competition CategoriesFrom registration windows to competition timelines, category formats to who’s eligible — everything you need to plan your run at the leaderboard starts here.Pre-registration: June 2–8, 2025. Sign up, explore the new interface, and either build your team or join one that’s already gaining momentum.Competition: June 9-July 6, 2025. Four weeks of trading, leaderboards, and category-specific challenges — all counting toward your share of the prize pool.Who can join: All verified users (regular and VIP 1–6) are welcome — no trading volume required to enter, and no region restrictions on team formation. Liquidity providers are excluded.Where to competeSpot Trading: Compete solo or as part of a team. The Solo ROI category rewards sharp decision-making, while Team PnL is all about coordination. If you know how to read the market — or rally a squad that does — this is your stage.Futures Trading: Built for traders who thrive on speed and volatility. In the Solo ROI category, it’s all about precision — the higher your return on investment, the higher you climb. Prefer to trade with a crew? Team PnL rewards collective gains, where every profitable move contributes to your team’s performance.Regional Competitions: You’ll be auto-assigned to a regional team. From there, every trade contributes to both your personal ROI and your region’s overall standing. Think of it as representing your home turf — and a new way to win.Side Quests & Warm-Up Tasks: Just getting started? No problem. These product-based challenges are built to ease you in — offering rewards for small wins, steady progress, and showing up. A great way to get familiar with Binance.How to join Binance Traders LeagueOne-Click Entry: Getting started couldn’t be easier: just click the relevant button on the Traders League landing page to opt in. Whether you’re aiming for the top or just in it for fun, everyone starts the same way — with one click.👉 Please check the full announcement for detailed rules and breakdowns.Bonus Activities: Trade Live, Join the ConversationThis season, the competition doesn’t stop at the order book. From livestreamed trading battles to real-time strategy chats, Traders League Season 2 is bringing the action to social — giving you even more ways to take part, stand out, and earn rewards.Futures Showdown on Binance Square From 3 June to 7 July, livestreamers and trading content creators can join the Futures Showdown — a live trading competition hosted on Binance Square, our crypto-focused social platform. The event invites Futures traders to stream their strategies, grow their audience, and compete for a share of a $50,000 prize pool.Participants need to host at least three livestreams per week (each one running 60 minutes or longer and reaching 500+ listens). Leaderboards will be updated weekly on Binance Square Official, with prizes going to top traders by volume and those who bring the most new users to Binance. If you’re a content creator or trader ready to take the mic, this is your stage.  Please see the Futures Showdown landing page for more information.Traders League Challenges on DiscordBinance Discord is adding a dedicated channel for Traders League — your space to connect with fellow Spot and Futures traders throughout the competition. Chat about trading strategies, share your progress, and help each other climb the leaderboard.You’ll also find weekly community challenges inside the channel — a fun way to stay engaged and unlock extra rewards as you go. Whether you’re chasing the top spot or just looking to learn and improve, it’s a great way to trade alongside the community.Final ThoughtsBinance Traders League Season 2 isn’t just back — it’s been rebuilt for every kind of trader. Whether you’re going solo, building a team, or repping your region, this year’s League gives you more ways to get involved, track your progress, and compete.With a prize pool of up to $6 million, upgraded categories, and the all-new Traders Passport to keep everything in one place, it’s as rewarding as it is competitive. And it doesn’t stop at the charts — from livestreamed trades on Square to strategy sessions on Discord, the League now lives across the wider Binance community.However you choose to take part, this is your shot to trade with purpose — and see how far it takes you. The leaderboard’s waiting. The rewards are real. Every trade counts.Register now, build your team, and get ready to trade your way to the top.Further ReadingBinance Spot Traders League: Trade to Win a Share of $1.8M in USDC Token Vouchers!Compete in Binance Futures Traders League and Win a Share of Up to 3,000,000 USDT in Rewards!Binance Traders League Season 2: Compete in the Regional Competitions and Win a Share of $100,000 in BNB!Risk Disclaimer: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Faster Than Traditional Payments, Deeper Than Social Networks – Binance Smashes Through 275 Million UsersMain TakeawaysBinance has hit a remarkable milestone of 275 million registered users worldwide, gaining 80 million new users since January 2024.Introducing a new form of money to the world and growing explosively in markets often overlooked by traditional finance, Binance delivers real-world impact from everyday payments to support in emergencies. On Binance, users aren’t just spending time – they’re actively managing and transacting real assets, making their engagement deeper and stakes higher than on typical social platforms.Earlier this week, Binance smashed past 275 million users mark – putting it nearly on par with Netflix, one of the most globally recognized platforms. And unlike video streaming, crypto arguably isn’t even fully mainstream yet. While it’s certainly on the way, this kind of growth is well ahead of the curve.In just under eight years, Binance has grown from an idea into one of the most widely used financial platforms in the world. That kind of scale isn’t just rare – it’s generational. Most companies take decades to reach this level, and even fewer do so while helping people adopt an entirely new technology. While traditional platforms built on familiar behaviors and existing systems, Binance built something new from the ground up and scaled it at lightning speed.To put this explosive growth in perspective, Binance has gained 80 million new users since January 2024 alone — that’s roughly 156,000 signups every single day, or about 1.8 new users every second.In this piece, we’ll unpack what this milestone really means. Not just for Binance, but for crypto as a whole – and for a future that’s accelerating faster than anyone expected.Growing Where it Matters MostNow, let’s put that 275 million milestone into perspective.In early 2019, PayPal – after nearly two decades in the game – crossed the same mark. It was a landmark moment for a platform that helped usher in the era of digital payments. But PayPal’s rise was rooted in the U.S., one of the most developed and digitally connected markets in the world. It made it easier to move money people already understood – dollars, euros, pesos – through systems they already trusted.Binance, on the other hand, wasn’t just improving how money moved. It was introducing a whole new kind of money. Crypto didn’t come with a central bank, or an explicit, all-encompassing manual. It required people to rethink what money could be – to explore, learn, believe, and then act. Furthermore, Binance found traction in markets often overlooked by traditional finance – places where access to the global financial system wasn’t a default, but a breakthrough.That’s what makes this milestone so remarkable. This isn’t just growth at scale, but growth against the odds – in the places that needed it most, and under conditions that would’ve slowed almost anyone else down.From Everyday Life to LifesavingThis growth isn’t just passive; rather, it’s powering real-world utility. Binance Pay is gradually turning crypto from an investment into something far more practical: a tool for everyday life.Earlier this month, Binance Pay integrated with Pix, Brazil’s national payment system. This means Brazilians can now make real-time crypto-to-reais payments directly from the Binance app – as easily as paying with cash: no complicated steps, no technical knowledge needed.Binance Pay goes beyond convenience, showing up when it matters most. For example, last year, Binance Pay helped save a life by enabling a cross-border medical transfer between France and Algeria – bypassing banking delays at a time when every second mattered. When floods devastated Rio Grande do Sul, Binance Pay helped deliver emergency aid, getting funds to affected communities faster than traditional systems could manage.Whether it’s for groceries or getting through a crisis, the value of crypto isn’t just theoretical anymore. It’s real, reliable, and already making a difference – from everyday life to the moments that matter most.Binance Users Engage With Assets, Not Just Content275 million users might look similar on paper – but the way people engage with each platform is fundamentally different. Twitter (now X) reached 275 million users around its eighth year, just like Binance. But the nature of that number tells two very different stories. On social platforms like Twitter, people scroll, post, and engage with content. It’s activity rooted in attention, social engagement driven by conversation and trends.On Binance, people transact. They buy, sell, send, and store real value. People are putting not just their time, but their assets into Binance. That’s deeper engagement and higher stakes.This difference is key. When 275 million people join a social network, it measures cultural relevance. When 275 million people join a financial platform, it signals belief in this platform, the product, and the future of money. The 275 million users we are celebrating today have intentionally embraced the new financial era, and that means the world.Final ThoughtsThe story of Binance isn’t just about numbers. It’s about a global shift, about millions choosing to participate in a new financial reality. As we race toward 300 million users, one thing is clear: the future of money is no longer a question of “if,” but “how fast," with Binance leading the charge.Further ReadingBinance Japan Earns Global Security and Privacy CertificationsMeet the New Jet Set: Welcome to The Crypto Traveler’s Golden AgeBinance Uncovers $6.1M in KiloEx Exploit

Faster Than Traditional Payments, Deeper Than Social Networks – Binance Smashes Through 275 Million Users

Main TakeawaysBinance has hit a remarkable milestone of 275 million registered users worldwide, gaining 80 million new users since January 2024.Introducing a new form of money to the world and growing explosively in markets often overlooked by traditional finance, Binance delivers real-world impact from everyday payments to support in emergencies. On Binance, users aren’t just spending time – they’re actively managing and transacting real assets, making their engagement deeper and stakes higher than on typical social platforms.Earlier this week, Binance smashed past 275 million users mark – putting it nearly on par with Netflix, one of the most globally recognized platforms. And unlike video streaming, crypto arguably isn’t even fully mainstream yet. While it’s certainly on the way, this kind of growth is well ahead of the curve.In just under eight years, Binance has grown from an idea into one of the most widely used financial platforms in the world. That kind of scale isn’t just rare – it’s generational. Most companies take decades to reach this level, and even fewer do so while helping people adopt an entirely new technology. While traditional platforms built on familiar behaviors and existing systems, Binance built something new from the ground up and scaled it at lightning speed.To put this explosive growth in perspective, Binance has gained 80 million new users since January 2024 alone — that’s roughly 156,000 signups every single day, or about 1.8 new users every second.In this piece, we’ll unpack what this milestone really means. Not just for Binance, but for crypto as a whole – and for a future that’s accelerating faster than anyone expected.Growing Where it Matters MostNow, let’s put that 275 million milestone into perspective.In early 2019, PayPal – after nearly two decades in the game – crossed the same mark. It was a landmark moment for a platform that helped usher in the era of digital payments. But PayPal’s rise was rooted in the U.S., one of the most developed and digitally connected markets in the world. It made it easier to move money people already understood – dollars, euros, pesos – through systems they already trusted.Binance, on the other hand, wasn’t just improving how money moved. It was introducing a whole new kind of money. Crypto didn’t come with a central bank, or an explicit, all-encompassing manual. It required people to rethink what money could be – to explore, learn, believe, and then act. Furthermore, Binance found traction in markets often overlooked by traditional finance – places where access to the global financial system wasn’t a default, but a breakthrough.That’s what makes this milestone so remarkable. This isn’t just growth at scale, but growth against the odds – in the places that needed it most, and under conditions that would’ve slowed almost anyone else down.From Everyday Life to LifesavingThis growth isn’t just passive; rather, it’s powering real-world utility. Binance Pay is gradually turning crypto from an investment into something far more practical: a tool for everyday life.Earlier this month, Binance Pay integrated with Pix, Brazil’s national payment system. This means Brazilians can now make real-time crypto-to-reais payments directly from the Binance app – as easily as paying with cash: no complicated steps, no technical knowledge needed.Binance Pay goes beyond convenience, showing up when it matters most. For example, last year, Binance Pay helped save a life by enabling a cross-border medical transfer between France and Algeria – bypassing banking delays at a time when every second mattered. When floods devastated Rio Grande do Sul, Binance Pay helped deliver emergency aid, getting funds to affected communities faster than traditional systems could manage.Whether it’s for groceries or getting through a crisis, the value of crypto isn’t just theoretical anymore. It’s real, reliable, and already making a difference – from everyday life to the moments that matter most.Binance Users Engage With Assets, Not Just Content275 million users might look similar on paper – but the way people engage with each platform is fundamentally different. Twitter (now X) reached 275 million users around its eighth year, just like Binance. But the nature of that number tells two very different stories. On social platforms like Twitter, people scroll, post, and engage with content. It’s activity rooted in attention, social engagement driven by conversation and trends.On Binance, people transact. They buy, sell, send, and store real value. People are putting not just their time, but their assets into Binance. That’s deeper engagement and higher stakes.This difference is key. When 275 million people join a social network, it measures cultural relevance. When 275 million people join a financial platform, it signals belief in this platform, the product, and the future of money. The 275 million users we are celebrating today have intentionally embraced the new financial era, and that means the world.Final ThoughtsThe story of Binance isn’t just about numbers. It’s about a global shift, about millions choosing to participate in a new financial reality. As we race toward 300 million users, one thing is clear: the future of money is no longer a question of “if,” but “how fast," with Binance leading the charge.Further ReadingBinance Japan Earns Global Security and Privacy CertificationsMeet the New Jet Set: Welcome to The Crypto Traveler’s Golden AgeBinance Uncovers $6.1M in KiloEx Exploit
The SEC Case Dismissal is a Win for Crypto, United States, and the WorldMain TakeawaysThe SEC has dismissed its lawsuit against Binance, marking a major shift in the U.S. approach to crypto.The move signals a global green light for responsible crypto innovation, boosting confidence from the U.S. to the EU and beyond.Binance's compliance record stands validated, as the world reconsiders what it means to lead in digital finance.Today is a big day for Binance, crypto, and the U.S. With the dismissal of the Securities and Exchange Commission’s long-standing case against us, one chapter closes, but a more promising one begins. This legal decision is a signal to the world: The U.S. is serious about innovation again. This message matters to entrepreneurs in Silicon Valley and Austin, developers in Nairobi, regulators in Brussels, and everyday users everywhere.The SEC decision benefits everyone: U.S. consumers and the economy, innovators working on the future of finance, and global users who will feel the beneficial ripple effects of a more legitimized and better-understood digital-asset space. Here’s why this move is so consequential a long way beyond the courtroom.Setting the Record StraightThe U.S. has long been the center of gravity in global finance – when it moves, others follow. And for years, its approach to crypto created drag instead of lift. With no clear legislative framework, the default was regulation by enforcement, an approach that left innovators guessing and often meant legal battles over policy work. It created uncertainty for developers and investors, generating a powerful chilling effect that kept other nations cautious too.But political momentum has shifted, with bipartisan crypto bills progressing and regulatory practices being reconsidered. And now, with this dismissal, a signal has been sent: the era of unchecked enforcement may finally be giving way to one of clarity.Dramatically correcting course takes courage. We're grateful to Chairman Paul Atkins and the Trump administration for standing up for progress. They recognized that responsible innovation needs rules rather than roadblocks.Not Just About UsWould the SEC walk away from a case like this if there were still fire behind the smoke, with some of the Commission’s concerns remaining unaddressed? Unlikely. The dismissal is a recognition of what we’ve been saying and doing all along: building a world-class compliance program that meets the highest global standards.We don’t serve U.S. users, but that hasn’t stopped us from respecting and aligning with U.S. regulatory expectations. Because crypto is global, and U.S. standards carry weight well beyond U.S. borders.Today, Binance holds 21 regulatory approvals and licenses globally, including in G7 nations whose AML regulations are extremely stringent – more than any other global exchange. Our compliance team is more than 650 strong, with a top-tier financial crimes unit that supports law enforcement in their fight against crypto-related crime globally. In 2024 alone, we responded to nearly 65,000 law enforcement requests and supported 14,800 registered officials.Being a responsible platform means showing up when it matters, and that’s what we’ve been doing consistently. This dismissal acknowledges it.For the United States, this is a moment to reclaim its leadership role in digital finance. Regulators around the world often take their cue from Washington. For years, that meant being cautious, and sometimes even hostile – but now, the path is opening. For regulators in the EU, UK, or elsewhere in the world who've been on pause to see how the U.S. approach to digital assets shapes up, this might be just the signal. With the world’s largest blockchain ecosystem cleared and its compliance program validated, the default posture of suspicion no longer holds up.Much more than being just about fairness to us, this is about opening the doors to broader adoption, more secure access, and clearer pathways for builders everywhere.The New ChapterThe SEC lawsuit dismissal also strengthens the case for balanced, collaborative regulation. By removing the shadow of litigation, the U.S. is allowing the global conversation to pivot toward solutions: how to regulate without stifling progress, protect users without paralyzing developers, and enable growth without compromising stability.In jurisdictions where cautiousness has led to drawn-out deliberations or where policy clarity remains a work in progress, this moment offers a reason to move. If America is saying it's ready to move beyond suspicion and toward structure, the rest of the world has a constructive path to follow.For users, this development restores confidence in Binance and the legitimacy of crypto as a whole. It shows that global exchanges can be regulated and responsible, showing users that their participation in the future of finance doesn't have to come with fear or friction.Final ThoughtsWe don’t take this lightly: For Binance, this is a hard-won moment, and we understand how important it is to keep moving forward. We’re proud of the work our teams do behind the scenes to keep users safe, regulators informed, and bad actors out, allowing us to stand on the side of responsible innovation. This dismissal doesn’t mean our work is done, but the future of crypto just got brighter – in the U.S. and everywhere else that’s been watching.Further ReadingBinance Is SAFU: Here’s How We Secure Your Assets 24/7The Winning Streak: Binance’s Work to Slash Crypto Crime Keeps Paying OffFrom Our CEO: It’s Still Early For Crypto

The SEC Case Dismissal is a Win for Crypto, United States, and the World

Main TakeawaysThe SEC has dismissed its lawsuit against Binance, marking a major shift in the U.S. approach to crypto.The move signals a global green light for responsible crypto innovation, boosting confidence from the U.S. to the EU and beyond.Binance's compliance record stands validated, as the world reconsiders what it means to lead in digital finance.Today is a big day for Binance, crypto, and the U.S. With the dismissal of the Securities and Exchange Commission’s long-standing case against us, one chapter closes, but a more promising one begins. This legal decision is a signal to the world: The U.S. is serious about innovation again. This message matters to entrepreneurs in Silicon Valley and Austin, developers in Nairobi, regulators in Brussels, and everyday users everywhere.The SEC decision benefits everyone: U.S. consumers and the economy, innovators working on the future of finance, and global users who will feel the beneficial ripple effects of a more legitimized and better-understood digital-asset space. Here’s why this move is so consequential a long way beyond the courtroom.Setting the Record StraightThe U.S. has long been the center of gravity in global finance – when it moves, others follow. And for years, its approach to crypto created drag instead of lift. With no clear legislative framework, the default was regulation by enforcement, an approach that left innovators guessing and often meant legal battles over policy work. It created uncertainty for developers and investors, generating a powerful chilling effect that kept other nations cautious too.But political momentum has shifted, with bipartisan crypto bills progressing and regulatory practices being reconsidered. And now, with this dismissal, a signal has been sent: the era of unchecked enforcement may finally be giving way to one of clarity.Dramatically correcting course takes courage. We're grateful to Chairman Paul Atkins and the Trump administration for standing up for progress. They recognized that responsible innovation needs rules rather than roadblocks.Not Just About UsWould the SEC walk away from a case like this if there were still fire behind the smoke, with some of the Commission’s concerns remaining unaddressed? Unlikely. The dismissal is a recognition of what we’ve been saying and doing all along: building a world-class compliance program that meets the highest global standards.We don’t serve U.S. users, but that hasn’t stopped us from respecting and aligning with U.S. regulatory expectations. Because crypto is global, and U.S. standards carry weight well beyond U.S. borders.Today, Binance holds 21 regulatory approvals and licenses globally, including in G7 nations whose AML regulations are extremely stringent – more than any other global exchange. Our compliance team is more than 650 strong, with a top-tier financial crimes unit that supports law enforcement in their fight against crypto-related crime globally. In 2024 alone, we responded to nearly 65,000 law enforcement requests and supported 14,800 registered officials.Being a responsible platform means showing up when it matters, and that’s what we’ve been doing consistently. This dismissal acknowledges it.For the United States, this is a moment to reclaim its leadership role in digital finance. Regulators around the world often take their cue from Washington. For years, that meant being cautious, and sometimes even hostile – but now, the path is opening. For regulators in the EU, UK, or elsewhere in the world who've been on pause to see how the U.S. approach to digital assets shapes up, this might be just the signal. With the world’s largest blockchain ecosystem cleared and its compliance program validated, the default posture of suspicion no longer holds up.Much more than being just about fairness to us, this is about opening the doors to broader adoption, more secure access, and clearer pathways for builders everywhere.The New ChapterThe SEC lawsuit dismissal also strengthens the case for balanced, collaborative regulation. By removing the shadow of litigation, the U.S. is allowing the global conversation to pivot toward solutions: how to regulate without stifling progress, protect users without paralyzing developers, and enable growth without compromising stability.In jurisdictions where cautiousness has led to drawn-out deliberations or where policy clarity remains a work in progress, this moment offers a reason to move. If America is saying it's ready to move beyond suspicion and toward structure, the rest of the world has a constructive path to follow.For users, this development restores confidence in Binance and the legitimacy of crypto as a whole. It shows that global exchanges can be regulated and responsible, showing users that their participation in the future of finance doesn't have to come with fear or friction.Final ThoughtsWe don’t take this lightly: For Binance, this is a hard-won moment, and we understand how important it is to keep moving forward. We’re proud of the work our teams do behind the scenes to keep users safe, regulators informed, and bad actors out, allowing us to stand on the side of responsible innovation. This dismissal doesn’t mean our work is done, but the future of crypto just got brighter – in the U.S. and everywhere else that’s been watching.Further ReadingBinance Is SAFU: Here’s How We Secure Your Assets 24/7The Winning Streak: Binance’s Work to Slash Crypto Crime Keeps Paying OffFrom Our CEO: It’s Still Early For Crypto
Thinking Through Ups and Downs – Riding on Emotional Contagion, Jumping on the BandwagonMain TakeawaysThinking Through Ups and Downs is our new blog series that explores common psychological mechanisms that affect traders’ decisions.Emotional contagion and the bandwagon effect can drive reactive trading by amplifying crowd sentiment and creating pressure to follow others.To break free, you should pause, reflect, and rely on your personal research and systems to guide your decisions.Picture this: You’re watching the charts as prices surge. Your social feeds are flooded with green candles, hype, and speculation. Suddenly, everyone’s talking about the same token. You weren’t planning to enter – but now, sitting out feels like falling behind. That itch to jump in is hard to ignore.In this installment of Thinking Through Ups and Downs, we look at how collective sentiment spreads and reshapes trading behavior. Through analyzing phenomena like emotional contagion and the bandwagon effect, we unpack why traders sometimes rush in late, exit too soon, or follow the crowd at the cost of reason.The Psychology Behind Crowd-Driven TradingBehind the urge to follow lie two powerful psychological forces: emotional contagion and the bandwagon effect.Emotional contagion refers to the tendency to absorb and mirror the emotions of those around us. In the markets, this might mean catching the collective euphoria of a rally – or the creeping panic of a downturn. Even if you had a clear plan, intense market sentiment may sway your resolve. You might feel bullish or bearish simply because everyone else does, not because anything fundamental has changed.The bandwagon effect builds on this emotional shift. It’s the instinct to follow the crowd, not because of reasoned analysis, but because others are doing it. When a token starts trending or the chatter grows louder, the pressure to join in intensifies. There’s comfort in the majority – a sense that if everyone else is in, it must be the right move.On the surface, this can seem irrational. But zooming in reveals how these forces interact. Emotional contagion creates the momentum; the bandwagon effect validates it. One shapes how we feel, the other how we act – together, they can override even well-reasoned strategies.These responses aren’t random – they’re rooted in survival. For our hunter-gatherer ancestors, picking up on group emotions and following the crowd could mean the difference between safety and danger. If everyone suddenly ran, you didn’t stop to evaluate – you followed. In fast-moving environments, quick, collective reactions helped keep the group alive. Today’s markets may not have literal predators, but this instinctive pull can still kick in.A Crypto Case StudyLet’s imagine you can’t scroll five seconds without seeing Token A. It’s blowing up on X, your Discord’s buzzing, and every Telegram group chat is lighting up with price predictions and rocket emojis. You hadn’t even considered trading it last week – but now, you're itching to get in.You haven’t read the whitepaper, nor assessed the fundamentals. But the hype is infectious.  You start to feel a surge of urgency and anticipation, even if nothing about the asset itself has changed. Emotional contagion sets in – the excitement isn’t just surrounding you, it’s seeped in.Then comes the next wave: the bandwagon effect. You tell yourself it’s just FOMO (fear of missing out), but a sort of mental shortcut kicks in: if everyone else is getting in, they surely must be onto something? It’s like spotting a queue outside a shop and lining up, just in case there’s something worth grabbing at the front. The comfort of being with the majority makes the decision feel right – even when it may not be the case.Before you know it, you’re in. Not because the fundamentals supported it – but because the crowd swept you along. And when the momentum fades, you’re stuck holding a bag you never planned to hold in the first place.That’s how it happens. One emotional ripple, one collective push – and your well thought out strategies ends up derailed. Emotional contagion stirs the feeling and the bandwagon effect takes the wheel. And unless you learn to spot these forces, you might end up trading blindly: led by noise, not direction.Breaking Free From the CrowdRecognizing when your decisions are being shaped by collective sentiment rather than substance is the first step to trading with greater clarity. The moment you catch yourself feeling anxious because “everyone else is making gains,” or pressured to buy “before it’s too late,” it’s worth pausing. These aren’t signals to act – they’re emotional red flags that suggest your judgement may be drifting off course.Start by enforcing a system that prioritizes logic over noise. Before you enter any trade, define your entry and exit points based on your own research – not on what’s trending. Price alerts and limit orders can also help take emotion out of the equation, reducing the chance of a knee-jerk trade in response to hype.It helps to ask yourself a simple question: “Would I buy this asset if I hadn’t just seen it trending?” If the answer is no, you may be acting out of herd-driven emotion rather than strategy.Taking a step back can be just as powerful. A broader view can keep temporary noise from clouding your decision-making. Remember: one trade doesn’t define your entire performance. Instead, keep your attention on your long-term goals rather than short-term FOMO. In a rapidly moving market full of noise, staying grounded isn’t easy – but it’s possible. Recognizing the crowd’s pull is the first step toward navigating with greater clarity, confidence, and control.Final thoughtsIt may feel right in the moment. But what feels intuitive isn’t always informed – and what’s popular isn’t always profitable.Reactivity might get you into the market, but it rarely builds lasting success. Winning long-term comes from resisting the pull, slowing down, and grounding your next move in reason, not noise. The strongest traders don’t chase every wave. They know when to tune out the buzz, trust their process, and wait for signals that align with their strategy. Not every wave is worth riding. Sometimes, the smartest move is simply staying still.Further ReadingThinking Through Ups and Downs – Disposition EffectScience Behind Crypto Misconceptions: Availability Bias and Illusory Truth EffectBinance Researchers Develop Innovative Tools to Assess Memecoin Liquidity RisksDisclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.

Thinking Through Ups and Downs – Riding on Emotional Contagion, Jumping on the Bandwagon

Main TakeawaysThinking Through Ups and Downs is our new blog series that explores common psychological mechanisms that affect traders’ decisions.Emotional contagion and the bandwagon effect can drive reactive trading by amplifying crowd sentiment and creating pressure to follow others.To break free, you should pause, reflect, and rely on your personal research and systems to guide your decisions.Picture this: You’re watching the charts as prices surge. Your social feeds are flooded with green candles, hype, and speculation. Suddenly, everyone’s talking about the same token. You weren’t planning to enter – but now, sitting out feels like falling behind. That itch to jump in is hard to ignore.In this installment of Thinking Through Ups and Downs, we look at how collective sentiment spreads and reshapes trading behavior. Through analyzing phenomena like emotional contagion and the bandwagon effect, we unpack why traders sometimes rush in late, exit too soon, or follow the crowd at the cost of reason.The Psychology Behind Crowd-Driven TradingBehind the urge to follow lie two powerful psychological forces: emotional contagion and the bandwagon effect.Emotional contagion refers to the tendency to absorb and mirror the emotions of those around us. In the markets, this might mean catching the collective euphoria of a rally – or the creeping panic of a downturn. Even if you had a clear plan, intense market sentiment may sway your resolve. You might feel bullish or bearish simply because everyone else does, not because anything fundamental has changed.The bandwagon effect builds on this emotional shift. It’s the instinct to follow the crowd, not because of reasoned analysis, but because others are doing it. When a token starts trending or the chatter grows louder, the pressure to join in intensifies. There’s comfort in the majority – a sense that if everyone else is in, it must be the right move.On the surface, this can seem irrational. But zooming in reveals how these forces interact. Emotional contagion creates the momentum; the bandwagon effect validates it. One shapes how we feel, the other how we act – together, they can override even well-reasoned strategies.These responses aren’t random – they’re rooted in survival. For our hunter-gatherer ancestors, picking up on group emotions and following the crowd could mean the difference between safety and danger. If everyone suddenly ran, you didn’t stop to evaluate – you followed. In fast-moving environments, quick, collective reactions helped keep the group alive. Today’s markets may not have literal predators, but this instinctive pull can still kick in.A Crypto Case StudyLet’s imagine you can’t scroll five seconds without seeing Token A. It’s blowing up on X, your Discord’s buzzing, and every Telegram group chat is lighting up with price predictions and rocket emojis. You hadn’t even considered trading it last week – but now, you're itching to get in.You haven’t read the whitepaper, nor assessed the fundamentals. But the hype is infectious.  You start to feel a surge of urgency and anticipation, even if nothing about the asset itself has changed. Emotional contagion sets in – the excitement isn’t just surrounding you, it’s seeped in.Then comes the next wave: the bandwagon effect. You tell yourself it’s just FOMO (fear of missing out), but a sort of mental shortcut kicks in: if everyone else is getting in, they surely must be onto something? It’s like spotting a queue outside a shop and lining up, just in case there’s something worth grabbing at the front. The comfort of being with the majority makes the decision feel right – even when it may not be the case.Before you know it, you’re in. Not because the fundamentals supported it – but because the crowd swept you along. And when the momentum fades, you’re stuck holding a bag you never planned to hold in the first place.That’s how it happens. One emotional ripple, one collective push – and your well thought out strategies ends up derailed. Emotional contagion stirs the feeling and the bandwagon effect takes the wheel. And unless you learn to spot these forces, you might end up trading blindly: led by noise, not direction.Breaking Free From the CrowdRecognizing when your decisions are being shaped by collective sentiment rather than substance is the first step to trading with greater clarity. The moment you catch yourself feeling anxious because “everyone else is making gains,” or pressured to buy “before it’s too late,” it’s worth pausing. These aren’t signals to act – they’re emotional red flags that suggest your judgement may be drifting off course.Start by enforcing a system that prioritizes logic over noise. Before you enter any trade, define your entry and exit points based on your own research – not on what’s trending. Price alerts and limit orders can also help take emotion out of the equation, reducing the chance of a knee-jerk trade in response to hype.It helps to ask yourself a simple question: “Would I buy this asset if I hadn’t just seen it trending?” If the answer is no, you may be acting out of herd-driven emotion rather than strategy.Taking a step back can be just as powerful. A broader view can keep temporary noise from clouding your decision-making. Remember: one trade doesn’t define your entire performance. Instead, keep your attention on your long-term goals rather than short-term FOMO. In a rapidly moving market full of noise, staying grounded isn’t easy – but it’s possible. Recognizing the crowd’s pull is the first step toward navigating with greater clarity, confidence, and control.Final thoughtsIt may feel right in the moment. But what feels intuitive isn’t always informed – and what’s popular isn’t always profitable.Reactivity might get you into the market, but it rarely builds lasting success. Winning long-term comes from resisting the pull, slowing down, and grounding your next move in reason, not noise. The strongest traders don’t chase every wave. They know when to tune out the buzz, trust their process, and wait for signals that align with their strategy. Not every wave is worth riding. Sometimes, the smartest move is simply staying still.Further ReadingThinking Through Ups and Downs – Disposition EffectScience Behind Crypto Misconceptions: Availability Bias and Illusory Truth EffectBinance Researchers Develop Innovative Tools to Assess Memecoin Liquidity RisksDisclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
Crackdown on Kidflix: How Binance Assisted Law Enforcement in Taking Down a Child Exploitation PlatformMain TakeawaysBinance has assisted law enforcement agencies in the global crackdown of Kidflix, one of the largest paedophile platforms in the world with almost 2 million users. On March 11, 2025, Kidflix was taken down by German and Dutch authorities in the sweeping “Operation Stream.”Read this article to find out how the use of cryptocurrency helped put an end to this hideous criminal network. Kidflix wasn’t some obscure back-alley forum – it was the Netflix of depravity. A slick, fast-growing platform built explicitly for child sexual exploitation (CSE) content, boasting nearly 1.8 million registered users worldwide. Between April 2022 and March 2025, it operated as one of the largest hubs for streaming and distributing child sexual abuse material (CSAM) the internet had ever seen.But now, it’s gone.On March 11, 2025, Kidflix was taken offline as part of Operation Stream, a sweeping global crackdown coordinated by Europol and spearheaded by the Bavarian State Criminal Police and the Bavarian Central Office for the Prosecution of Cybercrime (ZCB). Thirty-eight countries joined forces in a transnational hunt, seizing servers, arresting predators, and identifying thousands of offenders hiding behind screens and crypto wallets.Binance made a significant contribution to cracking down on the platform.Binance’s Role: Unmasking AnonymityBehind the scenes, Binance’s Investigations Team worked closely with German law enforcement, providing operational intelligence and blockchain analysis that helped crack the inner workings of Kidflix’s payment infrastructure.Unlike traditional forums, Kidflix monetized abuse. Users paid for streaming access with cryptocurrency, which was converted into internal tokens. But this wasn’t just pay-to-view. Offenders could also earn tokens by uploading CSAM, tagging it, and validating descriptions, essentially gamifying exploitation.Binance’s forensic tools and data-sharing efforts were instrumental in tracing these payments, which are permanently recorded on public blockchains. In total, over 120 Kidflix users were successfully identified thanks to Binance’s support.Operation Stream: Numbers Behind the MissionThe results of Operation Stream speak volumes:1,393 suspects identified across multiple continents79 arrests made so farOver 3,000 electronic devices seized91,000 CSAM videos uncovered, totaling 6,288 hours of footage39 children rescued and protectedInvestigators found that many videos were previously unknown to law enforcement. On average, 3.5 new videos were uploaded every hour. To streamline distribution, each video was available in low, medium, and high quality – users could preview before unlocking higher-resolution horrors.Unlike other CSAM platforms, Kidflix pioneered live streaming features, positioning itself not just as a dark archive, but as a real-time content hub. It was born in 2021, engineered by a cybercriminal who profited from turning abuse into tokens and tokens into profit.Cryptocurrency and the Myth of Anonymity When Kidflix’s operators decided to monetize their vile platform using cryptocurrency, they believed they were building a fortress of anonymity. Crypto tokens have long been romanticized in criminal circles as untraceable digital cash – tools to fund marketplaces, launder earnings, and evade authorities with impunity.But this illusion has crumbled in recent years.Despite the name, cryptocurrencies are not truly anonymous, only pseudonymous. Every transaction is recorded on a public ledger that anyone, including law enforcement, can scrutinize. With blockchain analytics, it becomes possible to trace wallet activity across chains, exchanges, and even cross-border mixers. Tools like Chainalysis, TRM, and Elliptic, used by major agencies globally, can deanonymize these flows when tied to KYC-compliant services, IP leaks, or behavioral patterns.More recently, as highlighted in WIRED’s feature on a 27-year-old German codebreaker, blockchain forensics helped dismantle another child abuse ring by tracing payments and access logs across Bitcoin transactions. In essence, where traditional banking can be opaque behind offshore shell companies, crypto leaves a trail. That’s exactly what law enforcement agencies and Binance’s investigative teams rely on. By following the money, they uncover entire ecosystems of abuse. In other words, it was cryptocurrency payments that had helped end this grotesque criminal operation.The Largest CSAM Operation in Europol HistoryOperation Stream was the largest effort ever coordinated by Europol’s experts in fighting child sexual exploitation, and one of the biggest cases supported by the law enforcement agency in recent years. Given the scale of the case, Europol’s role in coordinating the exchange of information during the investigation and the action days was crucial to its success.Digitization has triggered a rapid evolution of CSE practices, providing offenders with a borderless platform to contact and groom victims, as well as to create, store and exchange CSAM. However, the online world is not anonymous. Most of the suspects identified in Operation Stream were matched against records in Europol’s databases, proving that most offenders engaged in child sexual exploitation are repeat offenders and are not unknown to law enforcement authorities. Criminals’ reliance on cryptocurrency as payment infrastructure has become an important source of intelligence for crime fighters, instrumental in identification and prosecution of offenders.Final ThoughtsThe takedown of Kidflix underscores the transformative power of cryptocurrency as a tool for transparency and justice. While criminals may believe that digital currencies offer a cloak of anonymity, the reality is that blockchain technology provides a transparent and traceable ledger of transactions. This transparency was crucial in dismantling one of the largest child exploitation networks in history, proving that crypto can be a powerful ally in the fight against crime.Binance remains steadfast in its commitment to collaborative security. By working closely with law enforcement agencies and leveraging advanced blockchain analytics, we are dedicated to unmasking criminal activities and protecting vulnerable communities. Our role in Operation Stream highlights the potential of cryptocurrency to drive real-world impact and reinforces our mission to use technology for the greater good.Further ReadingStrengthening Collaborative Security: Takeaways from Binance’s APAC Law Enforcement DayThai Police’s Operation Cyber Guardian Claims Success with Binance’s SupportRoyal Malaysia Police Recovers a $1.6 Million Kidnapping Ransom with Support from Binance

Crackdown on Kidflix: How Binance Assisted Law Enforcement in Taking Down a Child Exploitation Platform

Main TakeawaysBinance has assisted law enforcement agencies in the global crackdown of Kidflix, one of the largest paedophile platforms in the world with almost 2 million users. On March 11, 2025, Kidflix was taken down by German and Dutch authorities in the sweeping “Operation Stream.”Read this article to find out how the use of cryptocurrency helped put an end to this hideous criminal network. Kidflix wasn’t some obscure back-alley forum – it was the Netflix of depravity. A slick, fast-growing platform built explicitly for child sexual exploitation (CSE) content, boasting nearly 1.8 million registered users worldwide. Between April 2022 and March 2025, it operated as one of the largest hubs for streaming and distributing child sexual abuse material (CSAM) the internet had ever seen.But now, it’s gone.On March 11, 2025, Kidflix was taken offline as part of Operation Stream, a sweeping global crackdown coordinated by Europol and spearheaded by the Bavarian State Criminal Police and the Bavarian Central Office for the Prosecution of Cybercrime (ZCB). Thirty-eight countries joined forces in a transnational hunt, seizing servers, arresting predators, and identifying thousands of offenders hiding behind screens and crypto wallets.Binance made a significant contribution to cracking down on the platform.Binance’s Role: Unmasking AnonymityBehind the scenes, Binance’s Investigations Team worked closely with German law enforcement, providing operational intelligence and blockchain analysis that helped crack the inner workings of Kidflix’s payment infrastructure.Unlike traditional forums, Kidflix monetized abuse. Users paid for streaming access with cryptocurrency, which was converted into internal tokens. But this wasn’t just pay-to-view. Offenders could also earn tokens by uploading CSAM, tagging it, and validating descriptions, essentially gamifying exploitation.Binance’s forensic tools and data-sharing efforts were instrumental in tracing these payments, which are permanently recorded on public blockchains. In total, over 120 Kidflix users were successfully identified thanks to Binance’s support.Operation Stream: Numbers Behind the MissionThe results of Operation Stream speak volumes:1,393 suspects identified across multiple continents79 arrests made so farOver 3,000 electronic devices seized91,000 CSAM videos uncovered, totaling 6,288 hours of footage39 children rescued and protectedInvestigators found that many videos were previously unknown to law enforcement. On average, 3.5 new videos were uploaded every hour. To streamline distribution, each video was available in low, medium, and high quality – users could preview before unlocking higher-resolution horrors.Unlike other CSAM platforms, Kidflix pioneered live streaming features, positioning itself not just as a dark archive, but as a real-time content hub. It was born in 2021, engineered by a cybercriminal who profited from turning abuse into tokens and tokens into profit.Cryptocurrency and the Myth of Anonymity When Kidflix’s operators decided to monetize their vile platform using cryptocurrency, they believed they were building a fortress of anonymity. Crypto tokens have long been romanticized in criminal circles as untraceable digital cash – tools to fund marketplaces, launder earnings, and evade authorities with impunity.But this illusion has crumbled in recent years.Despite the name, cryptocurrencies are not truly anonymous, only pseudonymous. Every transaction is recorded on a public ledger that anyone, including law enforcement, can scrutinize. With blockchain analytics, it becomes possible to trace wallet activity across chains, exchanges, and even cross-border mixers. Tools like Chainalysis, TRM, and Elliptic, used by major agencies globally, can deanonymize these flows when tied to KYC-compliant services, IP leaks, or behavioral patterns.More recently, as highlighted in WIRED’s feature on a 27-year-old German codebreaker, blockchain forensics helped dismantle another child abuse ring by tracing payments and access logs across Bitcoin transactions. In essence, where traditional banking can be opaque behind offshore shell companies, crypto leaves a trail. That’s exactly what law enforcement agencies and Binance’s investigative teams rely on. By following the money, they uncover entire ecosystems of abuse. In other words, it was cryptocurrency payments that had helped end this grotesque criminal operation.The Largest CSAM Operation in Europol HistoryOperation Stream was the largest effort ever coordinated by Europol’s experts in fighting child sexual exploitation, and one of the biggest cases supported by the law enforcement agency in recent years. Given the scale of the case, Europol’s role in coordinating the exchange of information during the investigation and the action days was crucial to its success.Digitization has triggered a rapid evolution of CSE practices, providing offenders with a borderless platform to contact and groom victims, as well as to create, store and exchange CSAM. However, the online world is not anonymous. Most of the suspects identified in Operation Stream were matched against records in Europol’s databases, proving that most offenders engaged in child sexual exploitation are repeat offenders and are not unknown to law enforcement authorities. Criminals’ reliance on cryptocurrency as payment infrastructure has become an important source of intelligence for crime fighters, instrumental in identification and prosecution of offenders.Final ThoughtsThe takedown of Kidflix underscores the transformative power of cryptocurrency as a tool for transparency and justice. While criminals may believe that digital currencies offer a cloak of anonymity, the reality is that blockchain technology provides a transparent and traceable ledger of transactions. This transparency was crucial in dismantling one of the largest child exploitation networks in history, proving that crypto can be a powerful ally in the fight against crime.Binance remains steadfast in its commitment to collaborative security. By working closely with law enforcement agencies and leveraging advanced blockchain analytics, we are dedicated to unmasking criminal activities and protecting vulnerable communities. Our role in Operation Stream highlights the potential of cryptocurrency to drive real-world impact and reinforces our mission to use technology for the greater good.Further ReadingStrengthening Collaborative Security: Takeaways from Binance’s APAC Law Enforcement DayThai Police’s Operation Cyber Guardian Claims Success with Binance’s SupportRoyal Malaysia Police Recovers a $1.6 Million Kidnapping Ransom with Support from Binance
Binance Academy Partners With Pakistan's Ministry of IT and Telecom to Revolutionize Blockchain EducationMain TakeawaysBinance Academy is launching a partnership with Pakistan’s Ministry of Information Technology and Telecommunication to provide blockchain education in the country.The initiative is expected to empower 300 educators to reach 80,000 students across 20 universities by 2026.The partnership aims to create a robust pipeline of blockchain talent in Pakistan, preparing students to contribute to both local and global tech ecosystems by integrating blockchain education into university curricula.Blockchain technology is reshaping industries worldwide, and Binance Academy is at the forefront of this digital revolution. We're thrilled to announce a strategic partnership with Pakistan's Ministry of IT and Telecom (MoITT) aimed to advance blockchain education across the nation. This collaboration will empower educators and students with highly relevant knowledge and skills, fostering a new generation of blockchain professionals in Pakistan.A Landmark Partnership for Pakistan's Digital FutureSet to launch in the coming months, this initiative is designed to become a powerful catalyst for change, contributing to the strengthening of the Web3 workforce in Pakistan and beyond. By 2026, we aim to:Train 300 educators in blockchain engineeringReach 80,000 students across 20 leading universities in PakistanCreate a robust pipeline of blockchain talent ready to contribute to local and global tech ecosystems.This ambitious project aligns with the objectives of the Global University Outreach Program (GUOP), the world's largest Web3 educational initiative. Launched through a strategic collaboration between Binance Academy and the Blockchain & AI Technology Center (BAITC), the GUOP integrates blockchain education into university curricula worldwide.Empowering Educators Through Intensive TrainingThe program is designed to provide a holistic understanding of blockchain development, covering BNB Chain fundamentals, key Web3 concepts, and Solidity development principles. It will equip participants with the tools to independently teach blockchain curricula to their students and award certificates of completion to both professors and students."As blockchain reshapes the global financial landscape, empowering people with the right skills is essential to unlocking its potential," said Bader Al Kalooti, MEASA Head of Growth and Operations at Binance. "Our collaboration with the Ministry of IT and Telecom in Pakistan marks a significant step toward building a knowledgeable workforce ready to drive innovation and foster growth in the digital economy."Accelerating Pakistan's Digital TransformationThis partnership is a significant step in Pakistan's journey toward digital transformation. Investing in education not only enhances individual career prospects but also contributes to the nation's economic growth.The Minister of IT and Telecom, Ms. Shaza Fatima Khawaja, expressed strong support for the program, stating: "This partnership marks an important milestone in the country’s digital transformation. It contributes to economic growth and positions Pakistan as a global source of skilled blockchain talent. By joining forces with the world’s leading crypto exchange, Binance, along with the Blockchain & AI Technology Center, we are equipping our students with cutting-edge knowledge, preparing them to shape the future of the digital economy and strengthen Pakistan’s presence in the global tech landscape."Binance Academy's Commitment to Global EducationSince 2022, Binance Academy has empowered over 3,000 students across 13 universities in three provinces in Pakistan with market-ready Web3 skills through dedicated training initiatives. This new partnership amplifies our commitment to fostering digital literacy and blockchain proficiency on a much larger scale.The Global University Outreach Program began its journey in 2023 with a pioneering pilot in Kazakhstan and has since expanded to 20 countries. With the ambitious goal of reaching over 200 universities across 50+ countries, the program aims to educate more than one million students by 2026.Final ThoughtsAs we roll out this program, we'll keep the Binance community updated with the latest developments, success stories, and opportunities to get involved. By aligning with local standards and supporting the education of future leaders, we aim to contribute to a well-regulated, consumer-protective digital landscape that advances Pakistan's position in the evolving global digital economy.Further ReadingBinance Affiliate Campus: Celebrating Crypto Education and Community ConnectionBinance Academy Partners with Leading European Schools to Offer University-Accredited Web3 CoursesBoosting Financial Literacy and Equality: Binance and WTech Take Web3 Education for Women to the Earthquake Zone

Binance Academy Partners With Pakistan's Ministry of IT and Telecom to Revolutionize Blockchain Education

Main TakeawaysBinance Academy is launching a partnership with Pakistan’s Ministry of Information Technology and Telecommunication to provide blockchain education in the country.The initiative is expected to empower 300 educators to reach 80,000 students across 20 universities by 2026.The partnership aims to create a robust pipeline of blockchain talent in Pakistan, preparing students to contribute to both local and global tech ecosystems by integrating blockchain education into university curricula.Blockchain technology is reshaping industries worldwide, and Binance Academy is at the forefront of this digital revolution. We're thrilled to announce a strategic partnership with Pakistan's Ministry of IT and Telecom (MoITT) aimed to advance blockchain education across the nation. This collaboration will empower educators and students with highly relevant knowledge and skills, fostering a new generation of blockchain professionals in Pakistan.A Landmark Partnership for Pakistan's Digital FutureSet to launch in the coming months, this initiative is designed to become a powerful catalyst for change, contributing to the strengthening of the Web3 workforce in Pakistan and beyond. By 2026, we aim to:Train 300 educators in blockchain engineeringReach 80,000 students across 20 leading universities in PakistanCreate a robust pipeline of blockchain talent ready to contribute to local and global tech ecosystems.This ambitious project aligns with the objectives of the Global University Outreach Program (GUOP), the world's largest Web3 educational initiative. Launched through a strategic collaboration between Binance Academy and the Blockchain & AI Technology Center (BAITC), the GUOP integrates blockchain education into university curricula worldwide.Empowering Educators Through Intensive TrainingThe program is designed to provide a holistic understanding of blockchain development, covering BNB Chain fundamentals, key Web3 concepts, and Solidity development principles. It will equip participants with the tools to independently teach blockchain curricula to their students and award certificates of completion to both professors and students."As blockchain reshapes the global financial landscape, empowering people with the right skills is essential to unlocking its potential," said Bader Al Kalooti, MEASA Head of Growth and Operations at Binance. "Our collaboration with the Ministry of IT and Telecom in Pakistan marks a significant step toward building a knowledgeable workforce ready to drive innovation and foster growth in the digital economy."Accelerating Pakistan's Digital TransformationThis partnership is a significant step in Pakistan's journey toward digital transformation. Investing in education not only enhances individual career prospects but also contributes to the nation's economic growth.The Minister of IT and Telecom, Ms. Shaza Fatima Khawaja, expressed strong support for the program, stating: "This partnership marks an important milestone in the country’s digital transformation. It contributes to economic growth and positions Pakistan as a global source of skilled blockchain talent. By joining forces with the world’s leading crypto exchange, Binance, along with the Blockchain & AI Technology Center, we are equipping our students with cutting-edge knowledge, preparing them to shape the future of the digital economy and strengthen Pakistan’s presence in the global tech landscape."Binance Academy's Commitment to Global EducationSince 2022, Binance Academy has empowered over 3,000 students across 13 universities in three provinces in Pakistan with market-ready Web3 skills through dedicated training initiatives. This new partnership amplifies our commitment to fostering digital literacy and blockchain proficiency on a much larger scale.The Global University Outreach Program began its journey in 2023 with a pioneering pilot in Kazakhstan and has since expanded to 20 countries. With the ambitious goal of reaching over 200 universities across 50+ countries, the program aims to educate more than one million students by 2026.Final ThoughtsAs we roll out this program, we'll keep the Binance community updated with the latest developments, success stories, and opportunities to get involved. By aligning with local standards and supporting the education of future leaders, we aim to contribute to a well-regulated, consumer-protective digital landscape that advances Pakistan's position in the evolving global digital economy.Further ReadingBinance Affiliate Campus: Celebrating Crypto Education and Community ConnectionBinance Academy Partners with Leading European Schools to Offer University-Accredited Web3 CoursesBoosting Financial Literacy and Equality: Binance and WTech Take Web3 Education for Women to the Earthquake Zone
Binance Japan Earns Global Security and Privacy CertificationsMain TakeawaysBinance Japan has earned the prestigious ISO/IEC 27001 and ISO/IEC 27701 certifications, showcasing the excellence of its security and privacy programs.These certifications were issued by the British Standards Institution (BSI) after a comprehensive audit.Binance Japan's achievement underscores its dedication to maintaining the highest global standards in security and privacy, fostering trust and confidence in the digital-asset industry.Binance Japan, our locally licensed subsidiary, has recently secured the prestigious ISO/IEC 27001 and ISO/IEC 27701 certifications. This achievement underscores the company's commitment to delivering a trustworthy, safe, and secure platform for users in Japan in adherence with the highest international standards, and showcases the strength of our data security and privacy measures both globally and across regions.Raising the Bar for Trust and ComplianceThe ISO/IEC 27001 and ISO/IEC 27701 certifications are internationally recognized benchmarks for information security governance and privacy information management. These certifications were awarded by the British Standards Institution (BSI), an independent auditor, following a rigorous evaluation of Binance Japan’s internal policies, operational controls, and governance systems. “Being awarded these certifications recognizes the consistent efforts to uphold high standards of security and transparency in our operations. In the rapidly evolving digital asset industry, we believe that maintaining top-level security is crucial not only for our users but also for building broader societal trust,” said Takeshi Chino, General Manager of Binance Japan. “We will continue to prioritize ensuring that Binance Japan remains a safe and trusted exchange for users in the country.” Jimmy Su, Chief Security Officer at Binance, emphasized that robust information security governance is essential to sustaining long-term growth in the blockchain industry. Reflecting on Binance’s global support for its Japan entity, Su remarked:“Upholding our global commitment to user protection, we are equipping Binance Japan with industry-leading technologies and established best practices in security. This enables the platform to uphold user trust and ensure resilience in line with the world’s highest standards.”Paving the Way for a Secure Web3 FutureThis achievement builds on Binance’s broader global security strategy. Similar certifications have already been obtained in other key markets such as France, Bahrain, UAE, Turkey, Thailand, and Kazakhstan, reflecting Binance’s consistent global focus on user protection. The dedication and expertise of our Security Governance team have been instrumental in achieving these milestones, showcasing their commitment to upholding the highest standards of security across all regions.From the beginning, Binance Japan has placed a strong emphasis on data security and privacy. The certifications now serve as a formal acknowledgment of these efforts. Looking ahead, Binance Japan will continue to enhance its systems and services, driving forward the secure and sustainable growth of Japan’s Web3 ecosystem.Further ReadingBinance TH Lands Global Certifications, Showcasing the Platform’s Security And Privacy ExcellenceBinance Kazakhstan Attains Global Certifications, Showcasing Platform’s Security and Privacy RobustnessBinance TR Demonstrates High Security & Privacy Standards Through Global Certifications

Binance Japan Earns Global Security and Privacy Certifications

Main TakeawaysBinance Japan has earned the prestigious ISO/IEC 27001 and ISO/IEC 27701 certifications, showcasing the excellence of its security and privacy programs.These certifications were issued by the British Standards Institution (BSI) after a comprehensive audit.Binance Japan's achievement underscores its dedication to maintaining the highest global standards in security and privacy, fostering trust and confidence in the digital-asset industry.Binance Japan, our locally licensed subsidiary, has recently secured the prestigious ISO/IEC 27001 and ISO/IEC 27701 certifications. This achievement underscores the company's commitment to delivering a trustworthy, safe, and secure platform for users in Japan in adherence with the highest international standards, and showcases the strength of our data security and privacy measures both globally and across regions.Raising the Bar for Trust and ComplianceThe ISO/IEC 27001 and ISO/IEC 27701 certifications are internationally recognized benchmarks for information security governance and privacy information management. These certifications were awarded by the British Standards Institution (BSI), an independent auditor, following a rigorous evaluation of Binance Japan’s internal policies, operational controls, and governance systems. “Being awarded these certifications recognizes the consistent efforts to uphold high standards of security and transparency in our operations. In the rapidly evolving digital asset industry, we believe that maintaining top-level security is crucial not only for our users but also for building broader societal trust,” said Takeshi Chino, General Manager of Binance Japan. “We will continue to prioritize ensuring that Binance Japan remains a safe and trusted exchange for users in the country.” Jimmy Su, Chief Security Officer at Binance, emphasized that robust information security governance is essential to sustaining long-term growth in the blockchain industry. Reflecting on Binance’s global support for its Japan entity, Su remarked:“Upholding our global commitment to user protection, we are equipping Binance Japan with industry-leading technologies and established best practices in security. This enables the platform to uphold user trust and ensure resilience in line with the world’s highest standards.”Paving the Way for a Secure Web3 FutureThis achievement builds on Binance’s broader global security strategy. Similar certifications have already been obtained in other key markets such as France, Bahrain, UAE, Turkey, Thailand, and Kazakhstan, reflecting Binance’s consistent global focus on user protection. The dedication and expertise of our Security Governance team have been instrumental in achieving these milestones, showcasing their commitment to upholding the highest standards of security across all regions.From the beginning, Binance Japan has placed a strong emphasis on data security and privacy. The certifications now serve as a formal acknowledgment of these efforts. Looking ahead, Binance Japan will continue to enhance its systems and services, driving forward the secure and sustainable growth of Japan’s Web3 ecosystem.Further ReadingBinance TH Lands Global Certifications, Showcasing the Platform’s Security And Privacy ExcellenceBinance Kazakhstan Attains Global Certifications, Showcasing Platform’s Security and Privacy RobustnessBinance TR Demonstrates High Security & Privacy Standards Through Global Certifications
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