There are already on-chain records—why might platform top-ups still be pending credit?
A Binance announcement on October 2 provided a specific example: starting from November 1, 2026, Brazilian users who are involved in crypto transfers with counterparties overseas will need to provide additional information such as the purpose and the sender or beneficiary. Related top-ups will remain pending until the required documents are completed; withdrawals that have not completed the questionnaire cannot be submitted.
Be clear on the scope: it only affects Brazilian users—transfers within Brazil are unchanged. This change is based on the Central Bank of Brazil’s rules for virtual asset foreign exchange; the announcement explicitly states it is not the implementation of the “travel rule.”
What I’m more focused on is the explanation for “pending credit”: blockchain records and a platform crediting the funds are two separate steps. If you see pending credit, you can’t conclude that the platform is already usable based only on on-chain confirmation, and you also shouldn’t directly attribute it to network congestion. The information requirements should follow the platform’s official webpage, and you should not provide sensitive information to “customer service” in DMs.
Source: Binance’s October 2 article “Updates to the Process for International Virtual Asset Transfers in Brazil.” #Top-up process
A Binance announcement on October 2 provided a specific example: starting from November 1, 2026, Brazilian users who are involved in crypto transfers with counterparties overseas will need to provide additional information such as the purpose and the sender or beneficiary. Related top-ups will remain pending until the required documents are completed; withdrawals that have not completed the questionnaire cannot be submitted.
Be clear on the scope: it only affects Brazilian users—transfers within Brazil are unchanged. This change is based on the Central Bank of Brazil’s rules for virtual asset foreign exchange; the announcement explicitly states it is not the implementation of the “travel rule.”
What I’m more focused on is the explanation for “pending credit”: blockchain records and a platform crediting the funds are two separate steps. If you see pending credit, you can’t conclude that the platform is already usable based only on on-chain confirmation, and you also shouldn’t directly attribute it to network congestion. The information requirements should follow the platform’s official webpage, and you should not provide sensitive information to “customer service” in DMs.
Source: Binance’s October 2 article “Updates to the Process for International Virtual Asset Transfers in Brazil.” #Top-up process
