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Binance status: access issues and outage reports

Some problems detected

Users are reporting problems related to: transactions, website and mobile app.

Full Outage Map

Binance is a Chinese digital asset exchange currently sitting in the top 20 exchanges by volume. The exchange has particularly strong volume in pairs like NEO/BTC, GAS/BTC, ETH/BTC, and BNB/BTC.

Problems in the last 24 hours

The graph below depicts the number of Binance reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined.

August 22: Problems at Binance

Binance is having issues since 05:40 PM EST. Are you also affected? Leave a message in the comments section!

Most Reported Problems

The following are the most recent problems reported by Binance users through our website.

  • 33% Transactions (33%)
  • 33% Website (33%)
  • 17% Mobile App (17%)
  • 17% Login (17%)

Live Outage Map

The most recent Binance outage reports came from the following cities:

CityProblem TypeReport Time
Porto Alegre Transactions 17 days ago
Angers Login 1 month ago
Itu Website 2 months ago
Seattle Website 2 months ago
Nice Mobile App 2 months ago
Beaucaire Transactions 3 months ago
Full Outage Map

Community Discussion

Tips? Frustrations? Share them here. Useful comments include a description of the problem, city and postal code.

Beware of "support numbers" or "recovery" accounts that might be posted below. Make sure to report and downvote those comments. Avoid posting your personal information.

Binance Issues Reports

Latest outage, problems and issue reports in social media:

  • cryptosoyful
    Crypto Soyful (@cryptosoyful) reported

    @crypto_king34 just $2000 my life change please help me.... sir.... BnB smart chain network address...0x94952f92f63bbea65d318a4bacc073ce76747ffc.... binance uid...198104915

  • CraigBeck
    Craig Beck - Author | Speaker | Coach (@CraigBeck) reported

    @scottmelker I can’t help feeling that this is a trap. Binance will liquidate the longs soon

  • AbdulRehma77317
    Abdul Rehman (@AbdulRehma77317) reported

    These days, crypto is can moving too fast. One day, the charts are flying and everyone is talking about the next big move. The next day, the market can pull back just as quickly. That’s why chasing every green candle is not the point. Markets move in cycles like rallies, corrections, bearish periods and recoveries. And big moves can happen in either direction. Volatility is part of crypto, which also means risk is always there. So instead of asking: “Did I miss the move?” Ask: “Why did the market move?” Learning how these cycles work, doing your own research and understanding the risks can help you make better decisions without letting FOMO take over. You don’t need to predict every move. you need to understand what you’re looking at. #Binance #BinanceAcademy #LearnwithBinance

  • pyaaaaaaa_7
    .py.a. (@pyaaaaaaa_7) reported

    @ZachWitkoff Zach, my investigation uncovered an incomplete but potentially significant lead: shortly after the WLFI launch on September 1, 2025, a wallet identified publicly as 0x92bb opened a roughly 5.5M WLFI short position worth about $1.32M and reportedly realized approximately $1.8M in profit. We also identified several unexplained fund flows around the same period, including large USDT movements from HTX to Binance and WLFI-related wallet activity. We have not been able to establish a direct connection to Justin Sun, so we are not presenting this as proof. If you have information that could identify the full 0x92bb address or its funding source, could you help us verify this lead?

  • Amakzartettha01
    Amakzartettha007 (@Amakzartettha01) reported

    @binance #AskBinance If Binance wants to become global financial infrastructure, **what is the biggest problem in crypto that Binance is willing to solve—even if it disrupts the status quo?

  • gazo_23
    gazel polat 📍🥇 (@gazo_23) reported

    $towns token On binance is a fraud garbage Whole team already ran away Binance delisting is loading soon

  • delilahwot
    Delilah (@delilahwot) reported

    I think Gen Z has changed one important thing about investing: you don’t have to wait until you’re older to start learning about money. Today, someone can open their phone and find information about stocks, crypto, global markets, and different financial products within minutes. That access is completely different from what previous generations had. But there’s something I think gets missed in this conversation. More access doesn’t always mean better decisions. If anything, having so much information can make investing more confusing. You see someone sharing a trade that worked. Then another person talks about a coin that is “about to explode.” Someone else says the market is going up. And before you know it, you’re making decisions based on what everyone else is doing. I don’t think that’s the kind of investing Gen Z should be known for. The real opportunity is being able to learn earlier. Take advantage of the information available, but don’t believe everything you see. Learn how different markets work. Understand what you’re actually putting your money into. Look at the risks before thinking about the potential upside. And give yourself time to develop your own view. I also find the global side interesting. Digital platforms have made it much easier to discover what is happening outside your local market. You can learn about businesses, industries, and financial trends from different parts of the world. That can open your mind to more possibilities, but it also means you need to become better at filtering information. For me, investing isn’t about trying to find the fastest way to make money. It’s about building enough knowledge to make decisions you can actually understand. You don’t need to copy someone’s portfolio. You don’t need to chase every trend. And you definitely don’t need to feel behind. Start with learning. Build good habits. Understand risk. Then decide for yourself. Educational content only. Not financial advice. Always DYOR. Maybe that’s the biggest advantage Gen Z has: access to learn earlier. How do you think younger investors will change the financial world? #Binance #BinanceAcademy #LearnWithBinance

  • PropGawd
    TXboy (@PropGawd) reported

    @ankursethi108 @xrpmemeguy **** Binance. That little ****** ******* and complained about users holding onto their bitcoin and not doing anything to it for a long time. He said he would erase those people’s bitcoin if he could. **** that little Asian nigha

  • SaroshQ2022
    Sarosh (@SaroshQ2022) reported

    ONDO is going vertical today, blasting right past the 40-cent milestone to trade at $0.4018 (+13.12%) after a textbook staircase breakout from its 35.5-cent base. Under the hood, this move is powered by a massive liquidity surge. 24-hour futures volume exploded by +53.32% to $486.87M, while Open Interest expanded by +19.00% to $284.99M. On the spot side, real cash is actively stepping in. The 4-hour heatmap shows aggressive accumulation, led by +$2.25M on Upbit, +$881K on Binance, and +$517K on Gate, easily swallowing minor profit-taking on OKX (-$608K). With Binance Top Traders heavily skewed long at 2.09x, buyers have complete command of momentum. Bottom Line The bulls blew wide open the overhead resistance at 37 cents and delivered straight into the $0.40 psychological target. Massive spot absorption across Upbit and Binance confirms genuine capital backing, not just paper leverage. If you put in new money. Take profits. New trades only. Not LTM accumulation. The $0.400–$0.410 zone is a prime area to lock in gains into strength, while the previous resistance shelf at $0.375–$0.380 now flips to major support

  • Zieout
    ROBIN'S BULL GEMS (@Zieout) reported

    The way Gen Z thinks about money is evolving. For many younger investors, investing isn’t only about buying an asset and waiting for it to appreciate. It’s also about understanding liquidity, flexibility, and how existing assets can potentially be used without immediately selling them. That’s where crypto-backed lending becomes an interesting concept to learn about. Instead of selling BTC when you need access to funds, a crypto-backed loan allows eligible users to use BTC as collateral and borrow against it. Binance Lite Loan is one example. Eligible users can borrow USDT using BTC as collateral, with an initial 30-day loan term and a 1% upfront service fee. According to the provided campaign details, eligible collateral can also remain subscribed to Simple Earn Flexible Products during the initial loan term. But there’s an important distinction between accessing liquidity and making money. Borrowing creates an obligation to repay. Crypto prices can move significantly, and depending on the applicable conditions, liquidation risks may arise after the initial term. Overdue loans may also incur penalty interest. So the real takeaway isn’t “borrow instead of sell.” It’s to understand that crypto is developing beyond simply buying and holding. Lending, borrowing and other financial tools are becoming part of the conversation around digital assets. No guaranteed returns. No get-rich-quick promises. Just another financial tool worth understanding. Product availability and eligibility vary by region, so always review the official terms and risks before using any crypto-backed lending product. If you needed short-term liquidity while still wanting to keep your BTC exposure, would you consider borrowing against it—or would you prefer to sell? #Binance #BinanceAcademy #LearnWithBinance

  • 0ne618
    0ne618 (@0ne618) reported

    @LeilaniFarms That was market makers buying right? Not necessarily “institutional” money buying. Institutions buy and hold. Coinbase, Binance, wintermute, they buy to make money. Whether it’s up or down.

  • Salee3M_
    SaleeM 🇵🇰 (@Salee3M_) reported

    Market Cycles Are Bigger Than One Green or Red Candle When I was new to crypto, I often treated every strong price move as the beginning of something bigger. If an asset suddenly jumped, I thought a bullish market had started. If it dropped sharply, I assumed the market was entering a long bearish period. Over time, I realised that one candle cannot explain an entire market cycle. A market cycle is a longer process. It may include periods of rising prices, profit-taking, corrections, fear, falling prices, stability, and recovery. These phases do not always appear in a perfect order. They also do not last for a fixed number of days or weeks. For example, imagine an asset has been falling for several weeks. One day, its price rises by 10%. That recovery is real, but it does not automatically mean the previous downtrend has ended. It could be a short bounce, buyers returning temporarily, or the beginning of a larger recovery. We need more information before reaching a conclusion. The same idea applies when prices are rising. An asset may perform strongly for weeks and then fall by 10% in one day. That decline does not automatically confirm the start of a bearish cycle. It may be a correction, traders taking profits, or a reaction to temporary news. This taught me to separate a market move from a market trend. A move tells me what happened during a short period. A trend shows the broader direction over time. A cycle includes the different stages through which the market may move. They are connected, but they are not the same thing. I also stopped thinking that market cycles follow a guaranteed script. A previous recovery may have taken three months, but that does not mean the next recovery will take the same amount of time. Different market conditions, liquidity, demand, regulations, and investor behaviour can change the outcome. History can provide context, but it cannot promise what happens next. For beginners, I think this is an important lesson because it reduces the pressure to predict every top and bottom. We do not need to buy at the exact lowest price or sell at the exact highest price to make a thoughtful decision. It may be more useful to ask: What is the broader trend? Has the market shown consistent strength or only one sudden move? Has anything important changed? How much risk am I prepared to accept if my interpretation is wrong? These questions do not remove uncertainty, but they help us avoid making decisions based only on excitement or fear. Now, when I see a large green candle, I try not to immediately call it a new bull market. When I see a large red candle, I try not to assume everything is over. I step back and look at the wider picture. Markets can rise during bearish periods and fall during bullish periods. That is why understanding cycles is less about predicting the next candle and more about recognising that no direction lasts forever. Educational only, not financial advice. Always DYOR. #Binance #BinanceAcademy #LearnWithBinance

  • Javedofficial0
    Javed_official (@Javedofficial0) reported

    What If Your Finances Did not Need Five Different Apps ✨ Right now managing money usually means Jumping around Payments in one app investing in another assets scattered somewhere else That is exactly the problem a financial super app solveS Rather than keeping everything separate it pulls different financial services together into a single ecosystem Take Binance as an example Eligible users get access to Spot Convert and Simple Earn Along with Pay P2P and Wallet plus Binance Academy for anyone wanting to learn as they go What makes it interesting isn't the number of features on offer It is that they are all connected so everything works together instead of living in silos Availability varies by region so always check official sources before using any product Educational only Not financial advice #Binance #BinanceAcademy #LearnWithBinance

  • iPreMyZX
    iPreMyZX (@iPreMyZX) reported

    Sometimes slowing down, studying the structure and doing your own research is more valuable than chasing a move after it already happened. Learn first. React second. DYOR. 🧠 #Binance #BinanceAcademy #LearnWithBinance

  • abdur_rahi45593
    Abdur Rahim (@abdur_rahi45593) reported

    @binance Just saw Agent OS Sounds pretty cool that AI agents can connect with Binance for trading and payments One question though — how much control do we actually get over the agent? Can we set trading limits, block withdrawals, or give permission only for specific coins? Also, is this something regular users can use easily, or is it more for developers? #AskBinance

  • liquidated_hl
    liquidated.hl (@liquidated_hl) reported

    @binance pls hire me I wanna be on the winning side of a **** coin

  • Waffiya01
    Stellar Babe (@Waffiya01) reported

    FOMO Usually Starts With Someone Else’s Screenshot Imagine opening your phone and seeing this: Someone posts a coin that is up 25%. Another person says, “I told you.” Then you see screenshots of profits. Five minutes later, you’re no longer asking what the asset is. You’re thinking: “Everyone is making money except me.” That is probably one of the easiest ways for FOMO to take over. The problem is that the screenshot shows me the move after it happened. It doesn't tell me what risk that person took, when they entered, what they researched, or what happens if the price suddenly moves the other way. So I’ve started treating FOMO as a signal to slow down rather than speed up. If I discover something only because the price is already moving fast, I want to know: Why is it moving? What am I actually looking at? What are the risks? Can I verify what people are claiming? Sometimes the answer may simply be: “I don't understand this well enough yet.” And I’m okay with that. Missing one market move costs me nothing. Making an emotional decision without understanding the risk can. The goal isn’t to catch every move. It’s to understand what I’m doing before money becomes involved. Educational only, not financial advice. DYOR and use official Binance educational resources when learning. #Binance #BinanceAcademy @binance #LearnWithBinance

  • TheCryptoNoir
    Crypto Noir (@TheCryptoNoir) reported

    Binance just launched Agent OS, giving automated AI agents direct API access to execute trades and manage account funds. Retail is literally trying to trade trendlines while fully autonomous algorithms are trading the order book at millisecond speeds. Imagine competing against an AI that never sleeps and feels zero emotional pain when your bags dump.

  • Bitt_Belle
    Belle (@Bitt_Belle) reported

    A Fast Market Does Not Require a Fast Decision When crypto prices suddenly start moving, my first reaction used to be excitement. I would see several green candles and think everyone had noticed an opportunity before me. That feeling is FOMO. It creates pressure to act quickly, even when I do not fully understand why the market is moving. But a fast price move does not always reveal the wider direction. Crypto markets trade all day and can react quickly to news, changing demand, liquidity and trader sentiment. This is why prices can rise or fall sharply within a short time. A rise may be part of a wider rally, but it could also be a temporary bounce during a bearish period. A decline may be a normal correction after a strong rally, but it could also develop into a deeper fall. One candle cannot confirm which situation is happening. That is why I now try to understand market cycles instead of treating every move as a signal. Markets can pass through bullish periods, corrections, bearish periods and recoveries. These phases do not come with fixed dates, and they do not always follow the same pattern. There can be red days inside a bullish period and green days inside a bearish one. Volatility makes these movements possible, but it also creates risk. A 10% move may look normal on a chart, but it becomes personal when my own money is involved. If I am not comfortable with the downside, I should not focus only on the possible upside. Learning this has changed the questions I ask. Instead of asking, “How high can it go?” I also ask, “What if the move reverses?” Instead of asking, “Am I too late?” I ask, “Do I understand what I am entering?” I cannot predict every candle, and I do not need to. For me, the better approach is to slow down, study the wider trend, understand the risk and continue learning before making any decision. The market may move quickly. That does not mean I have to follow it without thinking. Educational only, not financial advice. Always DYOR and use official @binance resources to learn more. #Binance #BinanceAcademy #LearnWithBinance

  • 1aboc
    aboc (@1aboc) reported

    I only had 0.05% of $SHIB back in 2021… I held that till after the binance listing and outperformed almost everyone flexing huge shiba inu bags in the telegram back then because they all sold after the first pump… If we’re truly at the start of the bull and this $CATE movement is retails #1 pick then betting against it will be impossible…

  • NotSoEasyMoney
    Easy (@NotSoEasyMoney) reported

    It honestly just keeps getting crazier... && crazier... I know majors have continued to EXPLODE so you may have missed A LOT in the meme coin world. Luckily, I have you covered! > BASECAT ($BASECAT) — $38.7M MC, +384%, $18.1M vol on Base. The catalyst is official: Coinbase Markets tweeted that Basecat was added to their listing roadmap today. First Base memecoin they have ever listed. Cobie replied to someone saying "close ur eyes and let it happen" and BasecatOnBase quoted it immediately. That is the culture. Community-run, helmets on. cryptolyxe (up +$462K, entered $11.7M MC): "hardest part of the trade is over. they spent 5 days shaking everyone out then cobie just got listed on coinbase and you think its topped at 30m? lol" SerAvocado flipped +$885K in under 8 hours. 04pain_ entered at a $443K MC and is sitting at +8,260%. UpperInterimMongoose entered at $521K MC, up +4,837%. > CATE ($CATE) — $51.8M MC, +90%, $22.7M vol on Solana. 66,829 buys vs 48,439 sells, buyers dominating. Pure community cat coin with one mission: flip DOGE. No single dev or influencer driving it, the community IS the catalyst. alexxxx (up +$115K, +198%): "253x until $CATE flips $DOGE." Bayc364 (up +$153K, +766%, entered $6M MC): "this is still the first inning. cate is the chosen one of the people. the community is the catalyst." rasmr is literally organizing Instagram raids to get influencer Rowdy to buy. Coordinated community plays like this either work until they do not. Right now they are working. > CONK ($CONK) — $668K MC, +2,147%, $3M vol on Solana. This is a CTO. The original dev launched it and walked away without even paying for the DEX listing. Community took over and ran it themselves. Official X: "The dev that launched $CONK didn't bother paying dex and leading the community so we took initiative into our own hands. CONK MODE." Website says: "One good conk on the head and it never went back to sleep. Startled awake, fully unhinged, impossible to un-see." 23,760 buys vs 19,358 sells. CTO plays can run hard when the community is coordinated because there is no dev wallet risk. No roadmap, no team, no utility. Just conk. > FLUSH ($FLUSH) — $578K MC, +960% on Robinhood Chain. This one is actually a product. David O'Brien (ex-Jito, PythNetwork, Solana Mobile) shipped an onchain poker game today. You get dealt five company stocks as cards, keep what you want, draw again, and winning hands pay out in Stock Tokens. He posted: "finally shipped what i've been working on." The $FLUSH token is the game currency. 2,271 buys vs 1,740 sells. Early days but the combination of a credible developer, a working product, and a new chain looking for culture is a real setup. This is not a meme, it is a launch. > PANTS ($PANTS, dogwifpants) — $1.56M MC, +1,035%, $142K vol on Solana. Before the dog wore a hat, he wore pants. Meme from 2016. The catalyst here is the Ansem meta; they burned 370,608 $ANSEM tokens trying to earn Ansem's attention and blessing, referencing his Gold to Diamond tier system. Pinned tweet: "We officially burned 370,608 $ANSEM. @blknoiz06 Next stop - Diamond." Volume is thin at $142K for a 10x move so treat this carefully, but the mechanism is real: burn Ansem's token, get his community's attention. > 牛来 (NIULAI) — $60.8M MC on BNB chain, -2.36% on the day but $7.5M in volume with 13,765 buys vs 10,458 sells. The name means "Bull Comes" in Chinese. Movie premieres in the US this weekend, the Binance Alpha listing has already happened and it got the CZ acknowledgement... Insane set of catalysts in such a short period of time! Just another day between the buy and sell button.

  • alicejaneex
    Alice Jane (@alicejaneex) reported

    Maybe Gen Z isn’t afraid of investing. Maybe they’re just approaching it differently. I think one of the biggest changes in money is how early younger people are starting to learn about investing. You don’t necessarily have to wait until you’re older to start understanding markets anymore. Information is literally in your pocket. You can learn about stocks, crypto, global markets, different financial products, and basic money management without sitting in a bank or reading a huge textbook. But there’s a catch. Having access to information doesn’t mean every decision will be a good one. And honestly, I think that’s where Gen Z has an interesting challenge. Social media can make investing look incredibly easy. Someone posts a screenshot of a trade. Someone else talks about their portfolio. Another person says they found the next big opportunity. And suddenly it feels like you’re falling behind if you’re not doing the same thing. That’s where I think discipline becomes more important than speed. You don’t need to invest in everything you see online. You don’t need to follow every trend. And you definitely don’t need to make a decision just because everyone else seems excited about it. For me, a better approach is pretty simple. Learn first. Understand what you’re buying. Know why you’re interested in it. Understand the risks. Think about your own financial situation instead of copying someone else’s. I also think Gen Z has something previous generations didn’t have to the same extent: easier access to global financial information. That can open more doors, but it also means there’s more noise to filter through. More options don’t automatically mean better decisions. So maybe the biggest advantage isn’t starting early. Maybe it’s learning how to think independently while you’re still early. Investing can be a long journey. There’s no need to rush the first step. Learn. Question. Understand. Then decide. That mindset will probably take you further than chasing whatever is trending today. How do you think Gen Z is changing the way people think about money? #Binance #BinanceAcademy #LearnWithBinance Educational content only. Not financial advice. Always DYOR.

  • Yegon17339
    Tonnydona🇰🇪 (@Yegon17339) reported

    @binance My risk tolerance is off the charts, making my executions look like an LLM failure. How does the system distinguish between my intentional high-risk trade and an AI logic error or model hallucination before the function call reaches the order book? #AskBinance

  • pyaaaaaaa_7
    .py.a. (@pyaaaaaaa_7) reported

    @beltoncap The Funding Investigation The next objective was to determine whether the reported trader could be linked to: Binance HTX Huobi Huobi Recovery Justin Sun Tron-related entities bridges institutional counterparties This investigation could not be completed for the actual 0x92bb wallet because the complete address remained unidentified. That creates a strict evidence boundary. Without the full address, it is impossible to execute: address_transactions for the target wallet. It is impossible to reliably execute: address_counterparties for the target wallet. And it is impossible to execute: address_related_addresses for the target wallet. Consequently, the actual 0x92bb funding source remains: UNVERIFIED. The following statements therefore cannot responsibly be made: “0x92bb was funded by Binance.” “0x92bb was funded by HTX.” “0x92bb was connected to Justin Sun.” “0x92bb received money from Huobi Recovery.” All remain UNVERIFIED.

  • sarthakcore
    Sarthak Rawool (@sarthakcore) reported

    binance just launched Agent OS with a full MCP server. claude, codex, chatgpt can now plug into trading, wallets, and on-chain tools through the same protocol. i shipped Formasty's MCP connector months ago. one integration and Claude could create forms, pull submissions, score leads autonomously. got 40 signups in 48 hours from it. back then MCP felt like a bet. now binance is building their entire agent infrastructure on it. the protocol is becoming the standard. if your product doesn't have an MCP server, agents literally can't find you. they'll use whatever does. i'm 16 and i figured this out before a $100B exchange confirmed it. still feels surreal.

  • AlphaWireHQ
    AlphaWire (@AlphaWireHQ) reported

    🚨 BREAKING: Cluster Protocol, an AI infrastructure layer built on Base, has been suspended on X just ahead of several major exchange listings. Upcoming listings include: - Binance - Coinbase - MEXC The suspension isn't limited to the main @ClusterProtocol account. Core team members @depindaddy and @anjalisayswhat have also been suspended. With multiple accounts being taken down at the same time, the timing has raised concerns that this could be a coordinated attack ahead of Cluster Protocol's major listings.

  • rubyybrown_
    R U B Y 🕊️ (@rubyybrown_) reported

    I don’t think Gen Z is chasing money. I think we’re chasing financial confidence. We’ve watched prices rise, jobs change, markets move and entire industries transform in real time. So learning how money works isn’t just “investing culture” anymore. It’s becoming part of being an adult. Crypto is one piece of that conversation. Platforms like Binance make it easier to explore markets, but having access doesn’t mean you should rush into every opportunity. The smartest person in the room isn’t always the one making the biggest move. Sometimes it’s the one who understands the risk, ignores the noise, and waits. Learn the basics. Question the hype. Make your own decisions. Being financially smart isn’t about moving fast. It’s about knowing why you’re moving. #Binance #BinanceAcademy #LearnWithBinance

  • cas_abbe
    Cas Abbé (@cas_abbe) reported

    Green candles make people stupid. Not because they’re dumb because FOMO switches off the part of your brain that asks why. Here’s the thing most traders skip: markets don’t move in straight lines, they move in cycles. Rally → correction → consolidation → next leg. Every single “explosive move” you’re seeing right now sits inside that cycle somewhere and if you don’t know where, you’re not trading, you’re gambling. Quick framework before you chase anything: → Rally does not mean trend confirmation. A 15% pump can be a breakout or a bull trap. The chart looks identical in both cases until it doesn’t. → Volatility is the price of upside. You can’t get the green candles without accepting the red ones. Anyone selling you “risk-free momentum” is selling you a story. → Corrections aren’t failures. They’re the market re-pricing risk. Healthy markets correct. Broken markets don’t. The question is do I understand why this is happening, and would I still enter if it dropped 10% tomorrow? If the answer’s no, you weren’t ready for the trade you were ready for the feeling of not missing out. DYOR isn’t a disclaimer It’s the whole job #Binance #LearnWithBinance #BinanceAcademy

  • selena_bennet05
    Selena Bennett (@selena_bennet05) reported

    I keep coming back to this idea: what if you didn't have to sell your crypto just to access cash? That's basically what @binance Lite Loan is built for. You put up eligible crypto as collateral, like $BTC, and borrow USDT against it. The part that surprised me is your collateral doesn't just sit there doing nothing. It can stay in Simple Earn Flexible and keep generating yield while your loan is active. The loan term is 30 days, with a 1% upfront fee. And during that initial term, there's no LTV-triggered liquidation, which honestly makes the whole thing feel a lot more predictable than I expected from a crypto-backed loan. That said, I'm not going to pretend there's zero risk here. Overdue loans do accrue penalty interest, and liquidation can still apply after the initial term under certain conditions. So this isn't something to jump into without actually reading the terms first. This is educational only, not financial advice. Product availability and eligibility vary by region, so always check what applies to you and do your own research. Would you consider borrowing against your crypto instead of selling it, or does that feel too risky for you?

  • cockpit_xyz
    Cockpit (@cockpit_xyz) reported

    🚨 JUST IN: Two Binance employees questioned by UAE authorities have been cleared and released. Binance said the employees were asked to provide statements about third-party fund flows through a client money account and were not targets of the investigation. The exchange is working with UAE authorities to establish clearer procedures for handling such inquiries.