⚠️ WARNING: New restrictions on transfers in Binance from August 23!
Binance is strengthening its rules to comply with requirements and combat money laundering in connection with recent regulatory changes. Starting from August 23, the exchange will stop processing direct transactions involving multiple platforms and services of centralized exchanges (CEX), including HTX (Huobi), EXMO, Rapira, WhiteBird, BitPapa, Exnode, and others.
⚠️ What is the main risk?
Attempting to make direct transactions between Binance and these platforms after the specified date may lead to:
• Transaction freezes: Holding transactions for a prolonged compliance verification.
• Wallet feature limitations: Account functions may be temporarily restricted.
• Condition violations: Risk of violating Binance’s Terms of Use.
🛡 How to protect your funds:
• ❌ Avoid direct transfers between Binance and the exchanges listed above.
• 🔒 Use a self-custody wallet (e.g., Trust Wallet / MetaMask) as an intermediate step if you need to transfer funds.
• 🔍 Check the sources of incoming transactions to avoid receiving cryptocurrency that may be flagged as risky.
#Binance #compliance #CryptoNews #aml #HTX
Binance is strengthening its rules to comply with requirements and combat money laundering in connection with recent regulatory changes. Starting from August 23, the exchange will stop processing direct transactions involving multiple platforms and services of centralized exchanges (CEX), including HTX (Huobi), EXMO, Rapira, WhiteBird, BitPapa, Exnode, and others.
⚠️ What is the main risk?
Attempting to make direct transactions between Binance and these platforms after the specified date may lead to:
• Transaction freezes: Holding transactions for a prolonged compliance verification.
• Wallet feature limitations: Account functions may be temporarily restricted.
• Condition violations: Risk of violating Binance’s Terms of Use.
🛡 How to protect your funds:
• ❌ Avoid direct transfers between Binance and the exchanges listed above.
• 🔒 Use a self-custody wallet (e.g., Trust Wallet / MetaMask) as an intermediate step if you need to transfer funds.
• 🔍 Check the sources of incoming transactions to avoid receiving cryptocurrency that may be flagged as risky.
#Binance #compliance #CryptoNews #aml #HTX