Binance Blog

Main TakeawaysBinance’s security team independently detected a malicious DAO governance proposal that could have put approximately $1.2 million in treasury tokens at risk.With less than 48 hours to respond, Binance alerted the project to vote against the proposal and coordinated with other exchanges to help prevent any potentially compromised funds from moving.The attack was stopped before execution with no funds lost, underscoring the importance of proactive monitoring and ecosystem-wide security coordination.Binance’s monitoring systems recently detected and helped prevent a potential governance attack on a project’s protocol that could have placed approximately $1.2 million worth of tokens from its decentralized autonomous organization treasury at risk. Here’s how it went down.What is a Governance Attack?A governance attack is an attempt to exploit weaknesses in a blockchain protocol’s decision-making process, often through its DAO voting system.In many decentralized projects, token holders can submit and vote on proposals that may affect treasury funds, protocol parameters, upgrades, or other important actions. If the barrier to submitting or passing a proposal is too low, or if governance rules are not properly designed, an attacker may try to push through a malicious proposal that benefits them at the expense of the project and its users.How Binance Security Prevented the Governance AttackBinance’s monitoring systems independently detected a malicious governance proposal targeting a project’s DAO, which governs the network through its token. The proposal attempted to exploit a vulnerability in the project’s on-chain governance mechanism, where the barrier to creating a proposal was low enough for an attacker to try to bypass protocol requirements.Time was critical. There was less than 48 hours to respond before the malicious proposal could be executed. Once the threat was identified, Binance’s security team immediately contacted the project directly and coordinated with other centralized exchanges that listed the affected token to close deposits as a precaution. This helped reduce the risk that any potentially compromised funds could be moved through exchanges if the proposal succeeded.With the threat flagged in time and all parties moving quickly, the project voted against the malicious proposal and blocked the potential breach. As a result, the attack was stopped before execution, with no funds lost.Stopping Threats Beyond Our PlatformAs the digital financial ecosystem becomes more interconnected, risks can emerge across protocols, governance systems, and user access points, making early detection and ecosystem-wide coordination increasingly important."This case demonstrates what security by design looks like, extending beyond our own walls,” said Jimmy Su, Chief Security Officer at Binance. "Our team and systems identified a threat that no external security provider had flagged and moved proactively to protect ecosystem users.”Jimmy also emphasized that user protection is not only about defending Binance’s own platform, but also about strengthening the wider ecosystem against attacks: “This malicious proposal also highlights the importance of protecting people, not just platforms. The biggest risks in crypto today increasingly target people, access, and behaviors rather than code vulnerabilities. In this case, the attack stemmed from an underlying governance vulnerability.”The incident points to a broader industry reality: security practices must keep pace with the changing ways attackers target crypto ecosystems. Su explained that as the industry matures, governance attacks, which exploit weaknesses in DAO voting mechanisms rather than smart contract code, are an emerging attack vector.He added: “Crypto security is increasingly converging with enterprise security as the industry shifts beyond protocol vulnerabilities, and security practices must evolve with it.”Final ThoughtsThis intervention reflects Binance’s ongoing commitment to prevention, real-time detection, and coordinated response across the wider crypto ecosystem. In 2025, our systems helped prevent more than $3.9 billion in potential scam losses and blocked $6.69 billion in fraud and scams affecting 5.4 million users. Binance also helped recover over $12.8 million for users and supported more than 48,000 recovery cases through internal efforts and industry coordination.As threats continue to evolve, protecting users means working with projects, exchanges, and partners across the ecosystem to help reduce risk before it reaches users. By acting beyond our platform, we aim to strengthen trust, improve resilience, and support greater confidence in the crypto ecosystem as a whole.Further ReadingBinance Becomes The First Member of T3+ Global Collaboration to Fight Blockchain-Related CrimesBinance Partners with STOP THE TRAFFIK to Disrupt Crypto Flows in Human Trafficking and Child ExploitationLearn Crypto Risk Management – Protect Your Crypto with Binance Academy

Main TakeawaysBinance Pay has integrated with Bhutan’s DK Bank’s QR payment network, enabling crypto payments at more than 3,700 merchants across the country.International visitors can use the Binance app to scan existing DK Bank QR codes for eligible purchases such as travel, lodging, dining, and retail with zero fees through December 31, 2026.The integration builds on Binance Pay’s May 2025 collaboration with Bhutan’s Department of Tourism and DK Bank, supporting real-world crypto adoption through trusted local payment infrastructure.Binance Pay has strategically integrated with Bhutan's DK Bank’s QR payment network – bringing cryptocurrency payments directly into Bhutan's everyday commerce. This means international visitors can now pay securely and seamlessly with crypto for travel, lodging, dining, and retail at more than 3,700 merchants across Bhutan, simply by scanning merchants' existing DK Bank QR codes through the Binance app.Expanding Crypto Payments Across BhutanThis expansion builds on the landmark collaboration launched in May 2025 between Binance Pay, Bhutan's Department of Tourism, and DK Bank to support crypto payments for tourism in Bhutan.What began as a pilot with just over 100 merchants now scales nationwide through DK Bank's QR network. The unique advantage lies in what doesn't change: merchants keep their existing payment setup and simply gain Binance Pay as an additional option, while travelers gain another way to pay at counters across the country – no new hardware or workflows, and no friction on either side.What Happens When You Use Binance Pay in BhutanTo pay with Binance Pay in Bhutan, look for the Binance Pay sticker at the storefront, which clearly indicates that Binance Pay is accepted.Example of a Binance Pay Sticker Even if there is no sticker, customers can still pay as long as a Binance Pay QR code or DK Bank QR code is available.To pay, open the Binance app, scan the merchant's DK Bank QR code, enter the amount in Bhutanese Ngultrum (BTN), and confirm. Transactions settle in USDT with automatic FX conversion – and through December 31, 2026, customers pay zero extra fees at a competitive rate.Building Crypto Utility Through Trusted Local InfrastructureThis Bhutan rollout reflects a growing shift toward crypto payment solutions that work within existing local systems. Instead of asking merchants to adopt new infrastructure, Binance Pay's integration with DK Bank QR introduces crypto through a network merchants and customers already recognize.Binance Pay’s integration with Bhutan’s domestic QR network demonstrates how crypto payments can scale through trusted local infrastructure. Globally, Binance Pay now reaches more than 21 million merchants and has processed over $321 billion in total transactions since 2021. Binance Pay local QR network integrations alone have moved $40 million in the first year, with monthly volumes growing double digits month over month.This regional momentum is especially relevant in APAC, where tourism-driven economies and established QR payment networks create a natural pathway for practical crypto payment adoption. “Bhutan represents an important step in demonstrating how this model can be successfully adapted at a national scale, and it’s the blueprint we’re taking to the next wave of tourism-dependent markets,” said SB Seker, Head of APAC, Binance.DK Bank also expressed enthusiasm for the partnership and its potential to modernize payments in Bhutan while preserving the trusted infrastructure already in place."We are proud to partner with Binance to bring cutting-edge crypto payment solutions to Bhutan’s merchants and visitors. Integrating Binance Pay with our domestic QR network allows us to enhance the payment experience while maintaining the trusted payment infrastructure already in place. This initiative supports Bhutan’s vision of embracing innovation and providing visitors with modern, seamless payment options," said Ugyen Tenzin, Country CEO at DK Bank Bhutan and Gelephu Mindfulness City.Final ThoughtsBhutan's rollout comes as QR payments expand worldwide, with the market projected to grow from $15.37 billion in 2025 to $18.49 billion in 2026 and beyond $81 billion by 2034. This trajectory underscores the value of interoperable models that link digital assets to local-currency commerce in everyday settings. Bhutan marks another step in Binance Pay's work to make crypto usable in more places for our community, building adoption market by market.Further ReadingHow to Use Tourist Payment via QR Code in Bhutan?Binance Pay Travel Route – Bhutan, the Land of Gross National HappinessBinance Pay to Expand Crypto QR Payments to 10+ Countries by Q3 2026 After $40M Milestone

Main TakeawaysExplore improved charting tools, including K-line time intervals (1m to 1M), horizontal scrolling, chart customization (percentage, logarithmic, inverted views), and the ability to toggle overnight data on or off.Do your research on the Binance app with the new Financials tab (earnings, revenue, margins, key indicators) on every stock page, plus track P&L in real time directly from the Funding Wallet.Transfer U.S.-listed stocks and ETFs into Binance from other platforms with a few taps.The more you trade, the more you might need from your tools. Our recent update brings improved charts, clearer performance tracking, deeper research data, and a simple way to transfer your U.S.-listed stocks and ETFs from other platforms.Explore New Chart EnhancementsSwitch K-Line Time IntervalsWe’ve made two small but impactful changes to K-line charts. You can now switch between time intervals with a tap – from 1-minute candles to monthly views – and scroll horizontally.Supported intervals: 1m · 5m · 15m · 1h · 4h · 1D · 1W · 1MChart CustomizationSet up a chart display that suits your trading preferences, including cost price overlay, order history, and three different chart views: 1) Percentage; 2) Logarithmic; and 3) Inverted.Toggle Overnight DataFor the traders who like to capture opportunities outside standard hours, you can quickly toggle overnight data directly from your chart settings. Or, turn it off for a cleaner view of standard session activity. Note that overnight data is currently visible only on intervals below 1 day.Track Your Stock Portfolio PerformanceGet a dedicated view of your stock portfolio in the Funding Wallet, separate from crypto. See your stock allocation, current value, cost price, and unrealized PnL, and benchmark your portfolio returns against the S&P 500 – all in one place.Do Your Research with Deeper Financial Data We’ve also upgraded the stock detail page to make it easier for users to research the stocks they’re trading without leaving the app. Every stock now features a [Financials] tab where you’ll find important information such as earnings, revenue, margins, and other core performance indicators.Strong investing relies on having the right information at hand. Having key financials for every company directly accessible gives users more of the context they need to make informed decisions.Transfer Your Stocks and ETFs to BinanceEligible users holding U.S.-listed stocks and ETFs with another broker can now transfer them to Binance through the standard DTC (Depository Trust Company) process. Watch our tutorial video above to see how it works, or follow the steps in our FAQ guide.Only stocks and ETFs listed on Binance are eligible. Options, bonds, and futures cannot be transferred, and users are limited to one active transfer request per asset type at a time.Final ThoughtsEach enhancement we’ve launched is part of our commitment to building the best version of Binance for our users, whether it is cleaner charting tools or better resources to make more informed decisions.Every feature on this list is live on the platform right now. Update to the latest Binance app version and check availability in your region.As always, the tools we provide assist your trading journey, but ultimately they do not provide financial advice or recommendations; always do your own research before trading. Further ReadingTrade Direct Stocks and ETFs on BinanceInside the Numbers Behind Binance’s Financial Super AppHow Emerging Markets Are Driving Stock Investing on BinanceDisclaimer: Direct stocks are available only to eligible users and subject to local regulatory requirements and product availability. Securities are subject to market and liquidity risk, price volatility, and potential loss of capital. This content is for informational purposes only and should not be construed as financial or investment advice. Users should make an independent assessment of any transaction in light of their own objectives and circumstances and consult their own advisers where appropriate.Disclaimer: Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). 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. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.

Main TakeawaysBinance VIP 6 for Six campaign gives eligible users an initial two-month upgrade to VIP 6, with the opportunity to extend the upgrade for up to six months by meeting the applicable trading-volume and BNB milestones.Subject to eligibility, participants can experience the practical advantages of VIP 6, including preferential Spot and Futures fee rates, higher VIP Earn yields, dedicated account coverage, selected institutional products, BNB Boost, Capital Connect, and VIP events and recognition.The campaign offers two routes: a Growth Track for eligible current VIP 1-5 users and a Reactivation Track for selected users who held VIP 3-6 status in 2025.This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply.At higher trading volumes, the value of a Binance VIP tier is felt across every part of a user's activity. Fee savings accumulate with each transaction; efficient access to capital can create more room to execute a strategy; dedicated support becomes increasingly important as account structures and operational needs grow more complex.VIP 6 brings these advantages together. From August 17, 2026, our limited-time VIP 6 for Six campaign will give eligible users direct access to this tier for an initial two months, with the opportunity to extend their VIP 6 status for up to six months in total.The idea is to give more high-potential and returning VIP users enough time to experience the tier in practice. Participants can trade at VIP 6 fee rates, explore eligible institutional services, work directly with an account manager, and see how the benefits support their activity.[Apply Now]What Is the Binance VIP Program?The Binance VIP Program is a nine-tier framework designed for users operating at higher levels of activity across trading, borrowing, investing, and asset holdings. Users can qualify through several routes, reflecting the different ways they participate in the Binance ecosystem.As users progress through the tiers, they can access increasingly preferential fee schedules, higher and customizable limits, priority customer service, tailored account support, advanced trading and institutional infrastructure, exclusive insights, and selected events and experiences.The program is designed around sustained participation. It recognizes users who contribute meaningful liquidity, deploy capital at scale, or maintain significant assets across Binance products. Earlier this year, we updated key VIP criteria to reflect the way users trade, hedge, hold, and allocate capital today. VIP 6 for Six takes the next step by allowing eligible users to experience one of the program's upper tiers directly.What VIP 6 OffersVIP 6 is designed for sophisticated and high-volume users whose needs extend beyond a standard trading account. Eligible campaign participants can access the following benefits:VIP 6 trading fees: Participants receive the applicable VIP 6 Spot and Futures fee rates – up to 80% discounted trading fee – from the time their upgrade takes effect, helping reduce transaction costs as volume grows.One month of 0% Institutional Loans: Eligible KYB users can access a 0% interest rate for one month, subject to manual review and approved limits based on assets and trading activity. Availability and additional terms apply.BNB Boost: Eligible VIP users can borrow BNB at a preferential annual interest rate of 2.5%, without collateral, to help meet the BNB holding requirement used for VIP tier calculation. Borrowed BNB is subject to product restrictions and cannot be used as a trading asset, collateral, or to earn staking, Earn, airdrop, or BNB trading-fee benefits.Capital Connect: Eligible investors can discover and assess participating trading teams using standardized performance data, while eligible trading teams can access institutional capital, set portfolio terms, build a verifiable track record, and manage allocations at scale.Dedicated account coverage: Participants can work directly with an account manager who understands their trading profile and can support them as their needs evolve.VIP events and recognition: Eligible users can receive invitations to selected local, regional, and global gatherings, alongside seasonal gifts and VIP merchandise.Taken together, these benefits are intended to support three practical outcomes: lower trading friction, enable more efficient use of capital, and enjoy a closer service relationship with Binance.Start With Two Months, Extend Up to SixThe campaign begins on August 17, 2026, at 10:00 UTC. Eligible participants will initially receive VIP 6 status for two months, through October 16, 2026.Users who meet the applicable trading-volume and BNB requirements at the campaign checkpoints can extend their VIP 6 status during the second phase, with the longest available extension running through January 31, 2027. This gives qualifying participants enough time to use the tier across different market conditions and evaluate its impact on fees, capital efficiency, and day-to-day account management.Exact milestones, assessment periods, and extension dates depend on the applicable campaign track. Please refer to the Campaign Terms and Conditions for full details.Two Routes to VIP 6Growth Track: Move Up From Your Current TierThe Growth Track is intended for eligible users who currently hold VIP 1-5 status on Binance and are ready to scale their activity.If you have a Dedicated Account Manager, contact them directly to express your interest in VIP 6 for Six. Your account manager will review your eligibility, guide you through the application, and explain the milestones required to extend the initial two-month upgrade.If you do not have a Dedicated Account Manager, register on the campaign landing page and our team will reach out to you.Reactivation Track: Return to VIP 6The Reactivation Track is designed for selected users who held VIP 3-6 status on Binance in 2025 but no longer hold that tier.No application is required. Eligible users will receive an email notification, and the initial two-month VIP 6 upgrade will be applied automatically. Participants can then maintain the applicable trading-volume and BNB milestones to extend their status during the campaign period.If you previously held VIP status, check the email address registered to your Binance account for an eligibility notification. Always verify that communications come through official Binance channels before following any instructions or links.Final ThoughtsVIP benefits matter most when users have enough time to integrate them into the way they trade and manage capital. A few days can show a different fee schedule; a longer period reveals how fee savings, account coverage, and capital tools work together over time.VIP 6 for Six gives eligible current and former VIP users that opportunity. The campaign begins with two months of full VIP 6 status and rewards sustained activity with extensions of up to six months. Whether you are scaling toward the upper tiers or returning to Binance, it offers a direct way to experience the infrastructure, service, and efficiency built for our most active users.[Apply Now]Further ReadingThe Next Era of Binance VIP: Expanding Access to Match Evolving User StrategiesWhat Is the Binance VIP Program? Benefits, Tiers and How to JoinBNB Boost: Borrow BNB for VIP Tiering at 2.5% InterestBinance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason without prior notice.Disclaimer: 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 before making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

Main TakeawaysOne in five Gen Z-held direct-equity accounts on Binance has never placed a sell order, while 76% of Gen Z bStocks accounts are net accumulators – the highest share of any generation.Gen Z avoids leveraged and inverse ETFs more than any other working-age cohort: 88.2% in TradFi-Perps, 98.9% in bStocks recorded no such activity.Three Gen Z users explain what shaped their approach, and how Binance helps them invest across crypto and traditional markets in one place.Disclaimer: Products mentioned may not be available in your jurisdiction. Gen Z investors are often portrayed as chasing momentum, trading on hype, and taking outsized risks. New Binance Research across direct equities, bStocks, and TradFi Perps usage patterns challenges that stereotype: Gen Z users buy more than they sell, trade less often than older working-age generations, and largely avoid leveraged exposure.We spoke with three Gen Z Binance users about how crypto led them into traditional markets and shaped the way they invest today.Research First, Trade SecondKevinZ, a 27-year-old full-time trader, grew up around financial markets, spending time after school at a brokerage and learning from his parents, both experienced stock investors. A friend introduced him to Bitcoin in 2018, and DeFi Summer later convinced him to enter the blockchain industry. Today, he runs a systematic BTC strategy.His trading style has changed considerably over the years. After starting with small-cap tokens and high-leverage contracts, he shifted toward BTC and tighter risk controls. He now uses AI signals to identify possible trend reversals, then reviews market structure, price, volume, and risk before making a decision.“Before every trade, I define what evidence supports it, what would prove it wrong, and how much I can afford to lose,” he says.KevinZ wants to achieve long-term financial independence, support his family, and build a trading system that can survive different market cycles.An April rally in U.S. equities prompted him to use Binance’s TradFi products. Although he already had a U.S. brokerage account, some of his capital remained in stablecoins on an exchange.“bStocks reduced the friction of shifting funds between accounts,” he says. “I could act more quickly on opportunities I had already researched.”KevinZ also sees the ability to wait when there is no clear edge as an important part of investing. That approach helps put the broader Gen Z data into context: Binance Research found that Gen Z bStocks accounts average three trades a month, the lowest of any cohort, while 76% are net accumulators, the highest share of any generation.Binance’s TradFi offering also makes it easier for KevinZ to compare opportunities across markets. “When crypto lacks high-quality opportunities, I can look at stocks, indexes, or other traditional assets through the same framework,” he says.Getting Knocked Around And Getting BetterDa Laoshi, an options trader and analyst, has used Binance for eight and a half years. He discovered crypto in 2016 through a group chat that initially focused on equity shares, then earned his first crypto profit from a small ICO investment.“Investing is a way to truly understand industries and the world,” he says. “Trading also helps you grow and understand yourself.”For much of his time in crypto, he held BTC long term before shifting more of his attention to U.S. equities and options. He tried Binance’s TradFi offering early because it made overseas markets easier to access.“For many users, opening a brokerage account and moving money in and out are genuinely difficult,” he says. “Binance opened that up.”While Da Laoshi’s long-term position was in BTC, Binance Research finds similar patience among Gen Z users toward equity products. In direct equities, 22% of Gen Z accounts have never placed a sell order, while buy-only bStocks users trade about half as often as the typical user.Purchase sizes offer another indication of conviction. Among the top holdings in buy-only accounts, average purchase sizes were largest for SCHD and AVGO in direct equities, while high-profile names such as TSLA and NVDA drew smaller average purchases in their respective products. This suggests that attention does not always translate into larger purchases.“My approach has evolved mostly through getting knocked around,” he says. “The more you get hit, the more you reflect, and the better you get.”Learning to Stay in the Game0xKeyNG, a 24-year-old full-time trader, says he first encountered USDT through gambling. Curious about crypto, he downloaded an exchange app and began learning about Bitcoin and altcoins.His first major gain came from Dogecoin during a rally driven by Elon Musk’s tweets. “That success made me think I was a trading genius,” he says. The confidence did not last: when the bear market arrived, he lost everything.Rather than leave crypto, he continued working while rebuilding his portfolio by accumulating BTC on Binance, a habit he maintains today. He also makes short-term trades based on news and market events, using Binance as his main trading platform because it brings crypto and traditional markets together in one place.The experience shaped how he approaches risk. Binance Research found similar restraint among Gen Z users: 88.2% of Gen Z TradFi-Perps accounts and 98.9% of Gen Z bStocks accounts recorded no leveraged or inverse ETF activity, the lowest usage among working-age cohorts.“Never go all in. Always stay in the game,” 0xKeyNG says. “There will always be more opportunities. Surviving matters more than anything.”Final Thoughts: Building Across MarketsFor the users we spoke with, moving into traditional markets built on their experience in crypto. Binance gives eligible users access to crypto and traditional markets in one place, reducing the need to move funds between separate accounts.That wider access matters as Gen Z looks beyond individual assets. Binance Research shows that diversified exposure remained important even as overall investment slowed. In July, Gen Z’s overall net equity investment was 17.4% lower than in June, while net inflows to unleveraged ETFs were down just 2%, indicating that diversified exposure remained comparatively resilient even as overall activity slowed.Binance supports this flexibility through a range of crypto and TradFi products. Through direct equities, eligible users can access stocks and ETFs. With bStocks, they can hold or trade supported tokenized securities 24/7 on Binance Spot, while TradFi Perps provide another way to participate in traditional markets.These products support Binance’s vision of a financial super app that brings crypto and traditional markets together, giving users more freedom to build portfolios around their own goals.Further ReadingGen Z Perspective RewriteHow Emerging Markets Are Driving Stock Investing on BinanceInside the Numbers Behind Binance’s Financial Super AppDisclaimer: Products mentioned above may not be available in your jurisdiction. Content may include third party comments and opinions. Please note that: (a) all content is presented on an "as is" basis for general information purposes only, without representation or warranty of any kind; (b) such comments and opinions belong to these third parties, and do not purport to reflect the views, comments or opinions of Binance; and (c) correspondingly, their comments and opinions as expressed on our platform is not intended to be and shall not be construed as an endorsement by Binance. We shall not be liable or responsible for any errors or omissions, or for the results obtained from your use of such information. The content above shall not be construed as financial advice.Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). 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. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.bStocks tokenized securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading tokenized securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents. Tokenized securities may be held and transferred on-chain outside the CSD environment. The transfer of tokenized securities back into the CSD environment is subject to conditions and you may be unable to trade, redeem or otherwise deal with the tokenized securities within the CSD environment if such conditions are not fulfilled.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. TradFi Perps are subject to high market risk and price volatility (particularly outside traditional market hours). You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. TradFi Perps do not represent ownership of the relevant underlying asset. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Exchange Rules, Clearing Rules, Exchange Procedures, Clearing Procedures, Contract Specifications and Risk Warning.No information displayed in connection with tokenized securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. tokenized securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The tokenized securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in tokenized securities from within the United States. 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. This material should not be construed as financial advice.Any references to specific companies, stock tickers, or securities are for informational and illustrative purposes only. Such references do not constitute a recommendation, endorsement, or solicitation to buy, sell, or hold any security, and should not be construed as an affiliation, sponsorship, or endorsement by, or affiliation with, the companies mentioned. Binance is not affiliated with, sponsored by, or endorsed by any of the companies referenced in this article.For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.

Main TakeawaysAI-related earnings news landed outside U.S. market hours this week, and Binance’s 24/7 markets allowed users to act instead of waiting for the next open.After-the-bell moves can be large and fast. CSCOUSDT and COHRUSDT both saw post-earnings swings on Binance during the hours when U.S. equity markets were closed, while related bStocks tickers (CRWVB, SMCIB, and LITEB) also moved after results.Early pricing data suggests bStocks prices formed during U.S. closed hours often align closely with where the underlying reopens. Over seven weekends (June 12 to July 27), weekend prices reflected a median 92% of the Monday opening gap, with a median residual deviation of 0.19%The NYSE closes at 4pm Friday, but the world keeps moving. News continues to arrive whether or not there's a platform to price it. Traders have had to work around this gap for decades. Sit and wait until Monday's 9:30 open absorbs everything that happened over the weekend.With Binance, waiting is optional. We've gone back through the data to see what happens when traders don't have to wait – when they can capitalize on market opportunities at any time. This week gave us a clean test case, because the single most closely watched theme in global equities reported almost entirely outside market hours.The Week AI Stocks Traded Without Wall StreetThe AI complex – including demand-side names, compute providers, server builders, and the upstream optical and networking suppliers – reported their earnings this week. Every one of these critical events happened after the closing bell. Cisco and Coherent both reported at 16:05 ET on August 12, five minutes after market close. TradFi Perp traders on Binance, however, were able to gain exposure for another five and a half hours. CSCOUSDT traded +7.2% before reversing to -12.1%. COHRUSDT ran +4.9%, then fell to -11.4%. Both tickers settled right below the close before the next opening bell. The entire round trip, from initial enthusiasm to full reversal, took place in a window where users on traditional platforms could only wait. On bStocks, other AI-infrastructure names like CRWV, SMCI, and LITE reported earnings after the U.S. close on August 11. By 18:00, CRWVB was +13.3%, SMCIB was +5.7%, and LITEB had round-tripped a 4.4% drop.The Market Runs 24/7 on BinanceThis week was a pattern in how Binance’s 24/7 market is offering something legacy platforms can’t: continuous access.On July 28, bStocks crossed $500M in AUM. As of writing, it is the fastest-growing tokenized security product since its launch in June, and it now accounts for roughly 27% of tokenized equity market capitalization. Notably, most of the trading happens while the market is shut. Across July, closed U.S. market hours accounted for 62% of bStocks volume on Binance, and 58% since inception. Roughly $1.5B in value changed hands on Binance while the NYSE was closed.The volume numbers only show there’s demand for exposure when the underlying market is shut. While impressive, a market can be both busy and still be mispricing assets. Thus, arguably a bigger question is whether the price our bStocks users are trading at holds up once the underlying market reopens. To test it, we compared the weekend price to Monday's opening price. If the bStocks market has genuinely worked out where an asset’s price belongs, the two should line up. If it's just noise, they won't. What the Monday Open ShowsWe took where bStocks settled over the weekend, compared it to where the underlying opened Monday, and measured how much of the gap the weekend price had already anticipated. Figure 1: Share of the Monday price gap reflected in bStocks prices over the weekend. Source: Binance Research, as of July 28.Over a window of seven weekends, from June 12 to July 27, the on-chain price captured a median 92% of the Monday gap, leaving a median residual deviation of 0.19% at the reopen – meaning the underlying stock price had only a relatively small price difference once traditional markets opened. On larger moves – gaps above 3% – all 41 of the 41 observed instances were directionally correct, with the weekend price capturing a median 99.6% of the gap.Figure 2: Accuracy of bStocks weekend price direction by the size of the Monday opening price gap. Source: Binance Research, as of July 28.What makes the pattern even harder to dismiss is how accuracy tracks the size of the move. On the smallest weekend moves — under 0.5% — the on-chain price called the direction right about 81% of the time. That rose to roughly 90% on moves of 0.5-1%, and around 97% on moves of 1-3%, before reaching the near-total capture on the largest gaps above.If the weekend price were just random guessing, one would expect accuracy to jump around with no pattern to it. Instead, the data shows accuracy climbing steadily as the moves get bigger. Final ThoughtsThe window we measured was only across 7 weekends. It’s short enough that a run of news-driven Sundays could exaggerate the trend. A larger sample will tell us how decisively bStocks weekend pricing is leading intraday moves that Monday later confirms.The early data appears encouraging for now. In a small sample, with the caveat above in mind, the data points to a market that’s forming a real view of equity pricing while Wall Street sleeps. Even in this small dataset, the results suggest bStocks markets are contributing to price discovery while U.S. equity venues are closed. This week’s after-the-bell AI earnings were a practical example. News arrived outside the U.S. cash session, and Binance users were able to express their views in real time.Further ReadingInside the Numbers Behind Binance’s Financial Super AppbStocks Crosses $500 Million in AUM on Binance168 Hours a Week: How Binance is Extending TradFi AccessDisclaimer: bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized Securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading Tokenized Securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents.No information displayed in connection with Tokenized Securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized Securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The Tokenized Securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in Tokenized Securities from within the United States. For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.Disclaimer: 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. TradFi Perps are subject to high market risk and price volatility (particularly outside traditional market hours). You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. TradFi Perps do not represent ownership of the relevant underlying asset. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Clearing Rules, Clearing Procedures, Contract Specifications and Risk Warning.

Main TakeawaysBinance Charity is committing $650,000 in 20 USDT token vouchers to support eligible Binance users in the Colombian areas most affected by the August 10 earthquake.The initiative will cover eligible users in Valle del Cauca, Risaralda, Caldas, and Chocó, with recipients identified using account verification and Proof of Address records.Binance will also waive fees on all COP-denominated P2P transactions for seven days, through August 18, 2026.On August 10, 2026, a magnitude 7.4 earthquake struck Colombia, causing extensive damage across the country’s western regions. Communities in Valle del Cauca, Risaralda, Caldas, and Chocó were among the hardest hit, with collapsed buildings, damaged homes and public infrastructure, injuries, loss of life, and significant disruption to transport and essential services.In response, Binance Charity is committing a total of $650,000 in direct assistance to eligible Binance users living in the affected areas. We will distribute 20 USDT in token vouchers to each eligible user and waive fees on COP-denominated Binance P2P transactions for seven days.Through this initiative, we aim to provide rapid, practical support that affected users can access directly as their communities begin the difficult work of recovery.Delivering Direct Assistance to Affected UsersThe token-voucher program will focus on four of the departments most severely affected by the earthquake: Valle del Cauca, Risaralda, Caldas, and Chocó.Eligibility will be determined using Binance users’ identity verification, or KYC, and Proof of Address (POA) records.Existing users who completed both identity verification and POA before August 11, 2026, with an address in one of the designated areas, will each receive 20 USDT in token vouchers through their Binance Rewards Hub.We recognize that some existing users living in the affected areas may not have completed identity verification or POA before the cutoff date. Existing users who complete the outstanding verification requirement on or after August 11 and no later than August 25, 2026, at 23:59 (UTC-3), may also receive 20 USDT, subject to eligibility checks and the limit of the total donation allocation.Eligible recipients in this group will receive their token vouchers within 30 days of completing POA. Users who created a Binance account after August 11, 2026, will not be eligible for this initiative.Waiving P2P Fees for COP TransactionsAlongside the token-voucher distribution, Binance will waive fees on all Colombian peso-denominated transactions on Binance P2P for seven days, ending August 18, 2026, at 23:59 (UTC-3).P2P services play an important role in helping users access and move digital assets using their local currency. Temporarily removing fees is intended to make this channel easier to use during a period when many people in the affected communities face urgent needs and disruption to their daily lives.For complete eligibility requirements, distribution details, and terms, please visit our FAQ page.Standing With Our Community in ColombiaWhen a disaster strikes, the ability to deliver assistance quickly matters. Blockchain-based support allows Binance Charity to reach eligible users directly and distribute aid efficiently, while existing account-verification tools help identify people located in the affected regions.This initiative continues Binance Charity’s wider commitment to helping communities respond to natural disasters and humanitarian emergencies. We have previously supported relief initiatives for communities affected by crises in Venezuela, Argentina, Brazil, Mexico, Ukraine, Türkiye, Libya, Morocco, Taiwan, Italy, and other countries around the world.Our thoughts are with everyone affected by the earthquake, including those who have lost loved ones, suffered injuries, or seen their homes and communities damaged. Binance stands with our users in Colombia, and we will continue exploring additional ways to support the community as recovery efforts progress.Further ReadingBinance Charity Commits 4 Million Pesos to Mindanao Earthquake ReliefBinance Charity Pledges $200,000 to Support Flood Relief in Southern ThailandBinance Charity Donates $200,000 to Support Vietnam’s Flood Relief and Recovery

Main TakeawaysBinance Academy is launching a new Crypto Risk Management course on August 12, 2026 to help users better understand and manage crypto risks.The course covers key risk areas including market volatility, wallet security, fraud prevention, compliance, and incident response.Designed for beginners and experienced users alike, the course provides practical frameworks to help individuals and organizations protect their assets and navigate crypto safely.Crypto opens the door to a new world of financial opportunity, but it also introduces new types of risk. Whether you’re trading on an exchange, holding tokens in your wallet, or overseeing a corporate crypto treasury, understanding risk is the foundation for protecting your assets and making confident, informed decisions.To help users build stronger knowledge and safer habits, Binance Academy is launching a new Crypto Risk Management course on August 12. The course is designed to help learners develop practical understanding across the full crypto risk landscape, from market volatility and wallet security to fraud prevention, compliance, and incident response.Why Crypto Risk Management MattersIn crypto, users generally have greater control over their assets compared to traditional finance. However, a flipside is that a single mistake such as interacting with a malicious smart contract or phishing link can lead to significant losses.This course helps learners move beyond basic awareness and toward practical action. By understanding where risks come from and how to manage them, users and organizations can participate in crypto more safely and confidently.Do You Need Technical Experience?The Binance Academy Crypto Risk Management course does not require any crypto trading or technical experience. Basic financial knowledge can be helpful, as the course is designed for beginners while still offering practical insights for experienced crypto holders and organizations.What You’ll LearnThe course is divided into four sections and includes 16 modules. Each module is approximately five to eight minutes, with a total course duration of around 95 minutes. By the end of the course, you’ll be able to:Identify Crypto RisksUnderstand the major categories of crypto risk, including market, custody, protocol, behavioral, and regulatory risks. Learn how these risks arise, how you can mitigate them, and why crypto requires a different approach to risk management.Protect Crypto Assets and WalletsMake informed decisions about wallets, custody solutions, security architecture, hot and cold storage, and multi-signature setups.Recognize and Defend Against Crypto ScamsRecognize common fraud vectors, social engineering tactics, DeFi attack patterns, and other technical threats targeting crypto users and organizations.Understand Compliance and GovernanceExplore regulatory considerations, governance frameworks, incident response planning, and how to build a stronger risk culture.Final ThoughtsRisk cannot be completely eliminated, but it can be understood, reduced, and managed. The Crypto Risk Management course provides a clear framework for identifying threats, defending against attacks, and responding effectively when incidents occur. Whether you’re an individual holder or an institutional investor, the principles in this course can help you improve how you secure your systems and navigate the crypto ecosystem with greater confidence. Ultimately, you are responsible for doing your own research, protecting your assets and cultivating proper risk management habits.This educational initiative is aligned with Binance’s mission to increase crypto awareness, strengthen user protection, and support the long-term growth of the ecosystem. By helping users better understand and manage risk, Binance Academy aims to make crypto participation safer, more informed, and more accessible for everyone.Further ReadingAccount Security, 2026 Edition – Early Alerts, Simple Setups, and Scam Awareness to Protect Your Binance AccountProtect Your iPhone in 30 Seconds with Two Simple SetupsUnderstanding Honeypot Scams – How They Work, What to Watch Out For, and How Binance Wallet Prevents it

Main TakeawaysBinance VIP Earn consolidates yield products, including Simple Earn Locked and on-chain yield offerings, into one hub with higher yield rates for VIP users on the Binance website and app.Eligible users can access VIP-exclusive APRs and higher subscription quotas across more than 20 tokens; APR varies by token.Assets remain within Binance custody during the subscription period, subject to applicable product terms and risk controls.If you’re holding large balances on Binance, VIP Earn makes it easy to put idle assets to work, bringing VIP-exclusive rates and higher subscription limits together in one place. Below, we'll break down what VIP Earn is, the VIP-exclusive rates and limits it unlocks, and how eligible users can get started.Important: Earn products can have redemption conditions, and variable returns depending on the product. Review the applicable terms before subscribing.What is Binance VIP Earn?VIP Earn is a yield hub for Binance VIP users. It brings VIP-exclusive yield products, such as Simple Earn Locked and on-chain yield offerings, into a single secure space on the web and in the Binance App, making it easier to discover, compare, and subscribe. What Binance VIP Earn Offers?A Dedicated and Secure VIP HubVIP Earn groups VIP-exclusive yield opportunities in one place, reducing the need to navigate across multiple Earn pages. It is protected by Binance's industry-leading security: SOC 2 Type 2 and SOC 1 Type 1-certified, ISO 27001-compliant, and regulated by the FSRA of ADGM, including a recognized custody entity. Assets remain within Binance custody during the subscription period, subject to applicable product terms and risk controls.Binance VIP Earn BenefitsEligible VIP users can earn up to 20% higher APR than retail Earn rates, with up to 10x the subscription quota across more than 20 top tokens (BTC, ETH, USDT, BNB, and more) representing around 80% of total crypto market capitalization. APR varies by token and lock period, depending on product availability.For the full list of supported tokens, lock periods, rates, and quotas, visit the VIP Earn hub.For traders who operate through code rather than the app or website, VIP Earn also supports SAPI (Spot API) endpoints, enabling programmatic management of Earn positions alongside existing trading workflows.Who can access Binance VIP Earn?Binance VIP 1-9 users are eligible for VIP Earn automatically, no registration required. VIP-exclusive products carry a VIP tag across Earn listings, search results, and portfolio views, so users can spot them at a glance. Non-VIP users can also explore VIP Earn in view-only mode, previewing VIP-exclusive rates and quotas before they qualify.How to Access VIP Earn?Log in on the Binance website or in the Binance AppGo to [Earn] → [VIP Earn]Browse products by token, APR, and lock periodSelect a product, review the terms, and subscribe.VIP levels are updated daily at 08:00 UTC based on applicable requirements.Final ThoughtsWith Binance VIP Earn, your balances can work harder on Binance. It's where you turn idle balances into greater capital efficiency, with higher APRs and larger quotas across more than 20 tokens, all in a single view. Get started with VIP Earn today.Further ReadingWhat Is the Binance VIP Program? Benefits,Tiers and How to JoinGet Started with Binance Simple Earn Flexible ProductsIntroducing Binance OMS Toolkit, the First Crypto Exchange Solution Built for Trading Technology ProvidersDisclaimer: 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. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.Explore available products, rates, and quotas in VIP Earn

Main TakeawaysQuantum computers cannot break today's major blockchain networks, but the crypto industry is already preparing for the future.The biggest challenge isn't inventing quantum-resistant cryptography, but helping the entire crypto ecosystem migrate safely over time.According to Binance Chief Security Officer Jimmy Su, today's biggest threats to crypto users remain phishing, malware, and poor security practices – not quantum computers.Quantum computing has sparked plenty of discussion – and plenty of misconceptions.Can quantum computers already steal your crypto? Do users need to change how they protect their assets? And how is the industry preparing for the future?We asked Jimmy Su, Chief Security Officer at Binance, to answer five of the most common questions about quantum computing.1. Can Quantum Computers Really Steal Your Crypto?One of the biggest misconceptions is that quantum computers can already break the cryptography protecting today's major blockchain networks, including Bitcoin and Ethereum. According to Jimmy, that's simply not the case.“Current quantum computers are nowhere near the scale and reliability needed to break the cryptography protecting digital assets,” he explains.The concern lies in how quantum computers work. A sufficiently powerful quantum computer could eventually run Shor's algorithm – a quantum algorithm designed to solve certain mathematical problems much faster than conventional computers. In theory, that could allow it to derive a private key from a public key used in digital signatures.However, today's quantum computers remain far from that capability.“Quantum computing is a real long-term security issue, but it's not an immediate threat to your crypto today. The important thing is that we prepare before that changes.”2. If Crypto Isn't at Risk Today, Why Is Everyone Talking About Quantum Computing?Recent research has changed estimates of how much computing power future quantum computers may need to break widely used cryptographic algorithms. While that doesn't affect the security of today's blockchain networks, it does suggest the industry may have less time to prepare than previously thought.In March 2026, researchers at Google Quantum AI published a paper suggesting that future quantum computers may require around 20 times fewer computing resources to break the encryption protecting Bitcoin and Ethereum than previously estimated. Importantly, the improvement came from more efficient quantum algorithms rather than a sudden leap in quantum hardware.Current quantum computers remain far from being able to carry out such an attack. However, preparing the crypto ecosystem for post-quantum security will take time because blockchain networks, wallets, and exchanges cannot all be upgraded overnight.“We're talking about quantum now not because there's an emergency today, but because waiting until there is an emergency could be much too late.”3. Should Users Do Anything Differently Today?For most crypto users, the answer is no. While quantum computing is an important long-term security topic, it doesn't change the biggest risks users face today.“The threats most likely to steal your crypto today are still things like phishing, malware, social engineering, compromised credentials and poor wallet security – not quantum computers.”In practice, that means continuing to follow the same security best practices:Protect your recovery phrase and private keys.Use trusted wallet software.Keep your software updated.Avoid unnecessary address reuse where applicable.Jimmy also cautions against rushing into products simply because they claim to be “quantum-proof.”“You could actually introduce more security risk today trying to protect yourself against a future threat,” he warns. As post-quantum cryptography is gradually adopted, reputable wallets and service providers are expected to provide users with clear guidance on any future migration.4. What's the Hardest Part About Making Crypto Quantum-Safe?Many people assume the biggest challenge is developing quantum-resistant cryptography. According to Jimmy, that's no longer the main obstacle.“We already have post-quantum cryptographic algorithms designed to resist attacks from both classical and quantum computers. The bigger challenge is migrating the entire crypto ecosystem safely.”Unlike traditional software, blockchain networks can't simply push a single update to every user. Any future transition would require coordination between developers, miners, node operators, exchanges, custodians, wallet providers, and millions of users.The migration also raises broader governance questions.“If those coins are protected by cryptography that eventually becomes vulnerable, what should happen to dormant or potentially lost wallets? Do you eventually freeze legacy coins that haven't migrated? How long should users have to migrate?”Ultimately, those decisions will be made by individual blockchain communities as they develop their own upgrade paths.“That's why becoming quantum safe is not a single software upgrade. It's a long-term, industry-wide migration.”5. How Is Binance Preparing for the Quantum Era?At Binance, quantum computing is approached the same way as any other emerging security challenge: prepare early, even if the risk is still years away.“Our security philosophy is to prepare for emerging risks before they become immediate threats.”In practice, that means monitoring developments in quantum computing, evaluating post-quantum security standards, and preparing Binance's infrastructure to support the industry's long-term transition.However, Jimmy emphasizes that no single company can solve the challenge alone.“Bitcoin, Ethereum, and other blockchains have their own communities and upgrade paths. Exchanges, custodians and wallet providers will ultimately need to support those migrations and help users transition safely.”Final ThoughtsQuantum computing has the potential to reshape digital security, but it is not an immediate threat to today's major blockchain networks.For now, the focus remains on good security practices while the crypto industry prepares for a gradual transition to post-quantum cryptography.Jimmy is optimistic that the industry will be ready when the time comes.“Crypto has evolved through major technological changes before, and I expect it will evolve through this one as well. Until then, stay informed, practice good security, and stay SAFU.”Further ReadingIs Quantum Computing a Threat to Your Crypto? Here’s What’s Actually TrueHalf-Year 2026: Macro & BitcoinAI Versus AI – How Binance Is Defending Users in the Age of Intelligent FraudDisclaimer: This article is for general informational purposes only and does not constitute financial, investment, legal, or technical advice. It does not constitute a guarantee or warranty of any kind, including regarding the accuracy or completeness of any information contained herein. References to specific research, estimates, or third-party findings are for informational purposes and have not been independently verified by Binance.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.Statements regarding quantum computing, post-quantum cryptography, and future security preparations involve risks and uncertainties and are based on current expectations and assumptions. Actual outcomes may differ materially. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

Main TakeawaysMost bStocks trading happens while U.S. markets are shut: closed hours accounted for 62% of bStocks volume on Binance in July, and roughly $1.5B changed hands while the NYSE was dark.Across seven weekends, the on-chain weekend price captured a median 92% of the eventual Monday gap, and called the direction correctly on every move above 3% that we observed.Accuracy rose with the size of the move, from 81% on the smallest moves to near-total capture on the biggest. The NYSE closes at 4pm Friday, but the world keeps moving. News continues to arrive whether or not there's a platform to price it. Traders have had to work around this gap for decades. Sit and wait until Monday's 9:30 open absorbs everything that happened over the weekend.With bStocks, waiting is optional. We've gone back through the data to see what happens when traders don't have to wait – when they can, well, trade and capitalize on market opportunities at any time. The Market is Busy While Wall Street SleepsOn July 28, bStocks crossed $500M in AUM. As of writing, it is the fastest-growing tokenized security product since its launch in June, and it now accounts for roughly 27% of tokenized equity market capitalization. Notably, most of the trading happens while the market is shut. Across July, closed U.S. market hours accounted for 62% of bStocks volume on Binance, and 58% since inception. Roughly $1.5B in value changed hands on Binance while the NYSE was closed.The volume numbers only show there’s demand for exposure when the underlying market is shut. While impressive, a market can be both busy and still be mispricing assets. Thus, arguably a bigger question is whether the price our bStocks users are trading at holds up once the underlying market reopens. To test it, we compared the weekend price to Monday's opening price. If the bStocks market has genuinely worked out where an asset’s price belongs, the two should line up. If it's just noise, they won't. What the Monday Open ShowsWe took where bStocks settled over the weekend, compared it to where the underlying opened Monday, and measured how much of the gap the weekend price had already anticipated. Figure 1: Share of the Monday price gap reflected in bStocks prices over the weekend. Source: Binance Research, as of July 28.Over a window of seven weekends, from June 12 to July 27, the on-chain price captured a median 92% of the Monday gap, leaving a median residual of 0.19% at the reopen – meaning the underlying stock price had only a relatively small price difference once traditional markets opened. On larger moves – gaps above 3% – all 41 of the 41 observed instances were directionally correct, with the weekend price capturing a median 99.6% of the gap.Figure 2: Accuracy of bStocks weekend price direction by the size of the Monday opening price gap. Source: Binance Research, as of July 28.What makes the pattern even harder to dismiss is how accuracy tracks the size of the move. On the smallest weekend moves — under 0.5% — the on-chain price called the direction right about 81% of the time. That rose to roughly 90% on moves of 0.5-1%, and around 97% on moves of 1-3%, before reaching the near-total capture on the largest gaps above.If the weekend price were just random guessing, one would expect accuracy to jump around with no pattern to it. Instead, the data shows accuracy climbing steadily as the moves get bigger. Final ThoughtsThe window we measured was only across 7 weekends. It’s short enough that a run of news-driven Sundays could exaggerate the trend. A larger sample will tell us how decisively bStocks weekend pricing is leading intraday moves that Monday later confirms.The early data appears encouraging for now. In a small sample, with the caveat above in mind, the data points to a market that’s forming a real view of equity pricing while Wall Street sleeps. But of course, as always, do your own research before investing in any products. Further ReadingInside the Numbers Behind Binance’s Financial Super AppbStocks Crosses $500 Million in AUM on BinanceETF Perpetuals on Binance: From Zero to 74% of the Market in 90 DaysDisclaimer: bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized Securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading Tokenized Securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents.No information displayed in connection with Tokenized Securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized Securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The Tokenized Securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in Tokenized Securities from within the United States. For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.

Main TakeawaysBinance is building a single, always-on account for direct stocks, tokenized securities, and TradFi perps, giving people access traditional finance has never offered them.bStocks added $565.9 million in tokenized equity value in seven weeks, outpacing every comparable product. Across the seven weekends since launch, bStocks priced in a median 92% of Monday’s stock moves before the market even opened.Binance’s Co-CEO, Yi He, first laid out that vision on stage at the Hong Kong Web3 Festival, a moment now captured in the short film 36 Hours With Yi.Stock markets close for the weekend. bStocks don’t. They’re tokenized versions of U.S.-listed stocks that trade on Binance around the clock, convertible 1:1 with the underlying share whenever a user wants and with no conversion fees. Since launching on June 11, that always-on design has translated into real activity. By the end of July, bStocks had grown faster in absolute terms than any other major tokenized-security product — as tracked by TokenTerminal — adding over $565.9 million in outstanding supply, a +5,000% increase. Few tokenized products reach that kind of scale within their second month. While Wall Street Sleeps, bStocks Anticipate the PriceGrowth tells you people are using the product. It doesn’t tell you whether the market trusts the price enough to act on it. Binance Research’s latest look at bStocks provides valuable insight into this question.Compared against the other large issuers, bStocks at one point accounted for 27% of global tokenized equity market capitalization. Weekend trading on bStocks priced in a median 92% of the following Monday’s price gap in the underlying stock, and for gaps larger than 3%, bStocks called the direction correctly in all 41 instances observed since launch. In other words, while Wall Street is shut for the weekend, data indicates that bStocks is already pricing in Monday’s move, on BNB Chain, now the largest venue for on-chain equities. That trust has built fast: bStocks crossed $500 million in AUM less than seven weeks after launch.That kind of growth doesn’t happen by accident. This year, Binance set a new target for its team that carried real weight. The goal was no longer one billion users, but three billion — a response to a specific, well-documented gap.The Case for Three BillionNone of that trading activity matters much without the reason behind it. According to the World Bank, 1.3 billion adults remain unbanked worldwide. The barrier isn’t technology: 42% of unbanked adults already own a smartphone, a figure that rises above 50% in most regions outside South Asia and Sub-Saharan Africa.Equity markets tell an even starker version of the same story. Binance Research estimates that roughly 700 million people worldwide hold a brokerage account, meaning close to 89% of the global population has lacked meaningful access to U.S. equities, the single largest pool of investable wealth on the planet. That’s the gap Binance is built to close, at a scale few platforms can match. Binance already serves users across more than 100 countries. A traditional bank needs a branch, a deposit, and paperwork. A mobile-first platform just needs the phone people already have. That’s the logic behind Binance’s 3 billion target: digital financial access can reach people faster than traditional banking infrastructure ever will, because the device is already in their pocket.One Account, No Closing BellAccess starts with a phone, but delivering on it takes real scale. At the time of writing, DeFiLlama data show that Binance holds roughly $117 billion in reserve assets (excluding exchange-native tokens), about 5.5 times the level of the second-ranked exchange. Binance also commands around 30% of global crypto spot trading volume across centralized exchanges. It’s the world’s largest cryptocurrency platform by both user count and trading volume. TradFi builds directly on that foundation.Most financial infrastructure was built around fixed hours and separate accounts. A typical brokerage is open roughly 32.5 hours a week, and stocks, options, and futures usually live in different accounts entirely. Binance runs 168 hours a week. One account carries a user through direct stocks, tokenized securities, and perpetual futures on ETFs and commodities, without waiting for a market somewhere else to open. This is the practical shape of Binance’s financial super app vision: a single, always-on place where trading, payments, and on-chain access sit together instead of being scattered across separate platforms.TradFi in More HandsAn always-open account only matters if the people who need it can reach it. Look at who’s using bStocks and Direct Stocks, and it becomes clear that they can. More than 90% of these users come from emerging markets, and Gen Z makes up nearly 44% of Binance’s equity users, the largest single age group on the platform. For many of them, tokenized securities are the first brokerage access they’ve ever had. Opening an overseas account, wiring money internationally, and converting currency have long been the invisible tax on investing from outside a handful of major markets, one most people never think about because they’ve never had to pay it. Binance removes each of those steps, and the users turning up are the ones that friction used to price out entirely.The pattern isn’t limited to bStocks, either. TradFi perpetuals on Binance now hold a 74% share of the global ETF perp market, up from 18% when the category launched in March, across a lineup that’s grown to 146 pairs. Different product, same shift: wherever Binance opens up a new corner of TradFi, the same underserved group of users is the first to walk through it.The Moment This StartedEvery number in this piece backs up something said out loud months earlier. At the Hong Kong Web3 Festival in April, Yi He, Binance Co-CEO, joined a fireside chat and put the words behind this vision on the record for the first time, months before any of the above existed.“This year, I'm telling the team that we should aim for three billion,” she said. “To become a company with three billion users, it means Binance is not just a crypto exchange, but the world’s global financial infrastructure.” The moment is captured in 36 Hours With Yi, a short behind-the-scenes look at her time in Hong Kong, out now.From that fireside chat to a finished film took months of production; bStocks took only seven weeks to cross $500 million. The products moved faster than the film did, and that’s the story worth considering here – everything that’s happened since that one line on stage.Final Thoughts1.3 billion people are still without a bank account. Nine in ten people worldwide still lack meaningful access to global equities. That’s the scale of what three billion users is meant to solve. Four months on from that fireside chat in Hong Kong, the direction has stopped being just a line from a stage. It’s a pattern showing up across every product Binance has built since. bStocks went from a standing start to the fastest-growing tokenized security on record. Weekend trading is pricing in Monday’s moves before Wall Street opens. And the users behind all of it are overwhelmingly the ones traditional finance never reached in the first place. Few platforms are built to close a gap that size. Four months of data suggest Binance is one of them: building the financial platform for the next era of money.Further ReadingBinance Powers Toward 3 Billion Users With an Everyday Financial App Vision168 Hours a Week: How Binance is Extending TradFi AccessbStocks Crosses $500 Million in AUM on BinanceDisclaimer: Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). 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. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized Securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading Tokenized Securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents. No information displayed in connection with Tokenized Securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized Securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The Tokenized Securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in Tokenized Securities from within the United States. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus, Admission to Trading Notice and Risk Warning.

Main TakeawaysGold and Silver Options let you express more than just ‘up’ or ‘down’ – you can also define how much risk you’re willing to take.Unlike leveraged perpetuals, buying an option limits your maximum loss to the premium you pay.Options offer different ways to approach the market, whether you’re bullish, expecting volatility, or protecting an existing position.As gold and silver markets become more active, many traders are looking for tools that offer more flexibility than simply buying spot or taking leveraged directional positions. Options can sound complex at first, but the basic idea behind these instruments is quite straightforward: they let you trade a market view while defining your maximum risk upfront. This guide breaks down how Gold and Silver Options work, why traders use them, and the key decisions to consider before placing a trade – from choosing Calls or Puts to thinking about strike prices, expiry, premiums, and common beginner strategies.Gold and Silver Are Moving More Than EverGold and silver have rarely been out of the headlines in 2026. Gold reached multiple all-time highs before experiencing a sharp correction. Silver has also seen unusually large swings. For traders, that creates opportunity, but it also increases risk.It’s one reason options markets have been growing rapidly around the world. U.S.-listed options traded a record 15.2 billion contracts in 2025, and activity has remained at a record pace through the first half of 2026. Precious metals have followed the same trend, with traders increasingly using options during periods of heightened volatility.Figure 1: Options activity continued to expand in H1 2026, up 16.8% YTD. Source: OCC, Binance Research, as of July 2026On Binance, we’ve seen strong demand for Gold and Silver products as traders look to gain exposure to these markets. Options are the latest addition to that toolkit, giving users another way to express their market views.Why Trade Options Instead of Spot or Perpetuals?Most traders are familiar with two ways to gain exposure: buying Spot, which means owning the asset, or trading Perpetual Futures, which lets you use leverage to speculate on whether prices will rise or fall. Options add another dimension.Instead of simply asking “Will Gold go up?”, Options also let you express:How far you think the price could moveWhen you think that move will happenHow much you’re willing to riskPerhaps most importantly for many traders, buying an option means your maximum possible loss is known from the start: the premium you pay. Unlike leveraged perpetual positions, there are no additional margin requirements.Things to Decide Before Buying an OptionQuestionDecisionDo I expect the market to rise?CallDo I expect the market to fall?PutHow far could it move?Strike priceWhen should the move occur?ExpiryHow much can I afford to lose?Premium and position sizeFigure 2: Options decision matrix. Source: Binance ResearchDo you expect prices to rise or fall?If you’re bullish, you might buy a Call. If you’re bearish, you might buy a Put. Calls generally gain value when prices rise, while Puts gain value when prices fall sufficiently.How far could the market move?This is where strike prices come in. Options closer to the current market price generally cost more, but require a smaller move to become profitable. Cheaper, further-away strike prices require larger price moves before they pay off.When do you expect it to happen?Every option has an expiry. A short-term economic announcement might make a one-day option appropriate, while a broader macro view could suit a longer expiry.How much are you willing to pay?The premium is the upfront cost of purchasing an option. That premium also represents the maximum amount you can lose if the trade doesn’t work out.Is the option reasonably priced?Option prices largely depend on expected volatility. Markets constantly estimate how much an asset might move in the future. Comparing those expectations with recent realized volatility can help traders judge whether an option looks relatively expensive or inexpensive.Three Common Ways Retail Traders Use OptionsRather than memorizing technical terminology, it helps to think in terms of what you’re trying to achieve.Scenario 1: You’re BullishSuppose you believe gold will continue climbing. Buying a Call lets you participate in that upside while limiting your maximum loss to the premium paid. Your option needs the market to rise above the strike price by more than the premium paid before it becomes profitable, but your downside remains fixed regardless of how far prices fall.Scenario 2: You Expect Big Volatility, but Don’t Know the DirectionSometimes the biggest opportunity is anticipating that prices will move significantly. Major events like inflation reports, central bank meetings, or geopolitical developments can all trigger large swings.In these situations, traders may combine Calls and Puts through strategies such as straddles or strangles, aiming to benefit if the market moves significantly in either direction. The combined premium represents the maximum possible loss.Scenario 3: You Already Own Gold and Want ProtectionOptions aren’t only for speculation. Imagine you’ve built a profitable gold position but worry about short-term downside.Buying a Put can act like insurance by setting a floor beneath your position for a limited period.If prices continue rising, you still participate in the upside. If prices fall sharply, the Put helps offset some of those losses.Things to RememberOptions can help manage risk, but they aren’t risk-free.Even if your market view is ultimately correct, the timing matters. An option can still expire worthless if the market doesn’t move far enough before expiry.Premiums can also become more expensive during periods of elevated volatility. Before opening any position, consider whether:your market catalyst occurs before expirythe expected move justifies the premiumyou’re comfortable losing the entire premium if the trade doesn’t work outFinal ThoughtsGold and silver have experienced unusually large price swings this year, creating new opportunities for traders who want more flexibility than Spot or Perpetual Futures alone can offer. As options markets continue to grow globally, they’re becoming an increasingly accessible way to express market views, define risk upfront, or protect existing positions. Whether you’re bullish, expecting volatility, or simply looking to hedge a portfolio, Gold and Silver Options can become another useful tool in your trading toolkit.Further ReadingWhat Is Options Trading?Commodity Options Now Live on BinanceShort Sell BTC and ETH Options on Binance With Competitive FeesDisclaimer: 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. TradFi Options, in particular, are subject to high market risk and price volatility. TradFi Options are only available for trading during regular market hours. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Exchange Rules, Exchange Procedures, Clearing Rules, Clearing Procedures and relevant Contract Specifications and Risk Warning.The products and services referred to herein may be restricted in certain jurisdictions or regions or to certain users, in accordance with applicable legal and regulatory requirements. These materials are intended only for those users who are permitted to access and receive the products and services referred to and are not intended for users to whom restrictions apply. You are responsible for informing yourself about and observing any restrictions and/or requirements imposed with respect to the access to and use of any products and services offered by or available through Binance in each country or region from which they are accessed by you or on your behalf. Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of any products and/or services offered from time to time in its sole discretion at any time without notification.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.

Main TakeawaysIndia’s Gujarat CID Crime’s Cyber Centre of Excellence, Gandhinagar, reported detecting suspicious and alleged illegal crypto transactions worth approximately ₹226.54 crore (about $23.96 million).Authorities have publicly reported 14 arrests to date, following more than four months of investigative activity with leads across India and other jurisdictions.Binance supported lawful requests from investigators by assisting with transaction retracing, blockchain analysis, and restricting relevant accounts.Binance recently supported Cyber Centre of Excellence, Gandhinagar, Gujarat, India, in an ongoing investigation into alleged cyber-enabled fraud and related offenses, with leads spanning India and multiple other jurisdictions. Investigators reported detecting suspicious and alleged illegal crypto transactions worth approximately ₹226.54 crore (about $23.96 million) linked to the case.Binance supported lawful requests from investigators by assisting with transaction retracing, blockchain analysis, and taking appropriate measures in relation to relevant accounts, where warranted and in accordance with applicable laws and legal process.Blockchain Transparency Makes Illicit Flows TraceableMany public blockchains provide an auditable transaction history. Investigators can analyze on-chain activity over time to identify fund-flow patterns, clusters of related addresses, and potential touchpoints where activity may intersect with regulated services.In publicly reported details of this case, investigators described reviewing fund movements across multiple wallets and services, alongside traditional investigative methods and inter-agency cooperation. Suspects may attempt to obscure transaction paths – but on-chain activity can still surface leads that support investigative work over time.$24 Million in Traced Crypto FlowsBased on publicly available reporting and statements attributed to investigators, the case involved more than four months of field operations and technical review. Authorities have publicly reported:Tracing approximately ₹226.54 crore (about $23.96 million) in cryptocurrency flows linked to the caseLinking suspect-connected bank accounts to hundreds of cyber fraud complaints filed via India’s National Cyber Crime Reporting PortalMaking 14 arrests to dateReviewing international leads connected to suspected narcotics trafficking activity and online coordination channels.The investigation remains ongoing.Binance's Role: Tracing On-Chain ActivityBinance supports competent authorities globally through established law enforcement request channels. In this case, Binance provided technical assistance related to transaction retracing and blockchain analysis and restricted certain accounts where appropriate to help mitigate risk and preserve relevant information.SB Seker, Head of APAC, Binance, said: “Public blockchains can provide an auditable record of transactions that may support financial-crime investigations. This investigation underscores the practical value of blockchain transparency in financial-crime inquiries. When investigators can trace on-chain activity and connect it to real-world behavior, it becomes harder for bad actors to operate at scale.”Seker added that Binance remains committed to supporting law enforcement agencies through timely, process-driven cooperation and to protecting users and the integrity of the digital-asset ecosystem.Final Thoughts: Building a Safer Crypto EcosystemFinancial crime is often cross-border, requiring coordination among local agencies, cybercrime and financial-intelligence units, and service providers across multiple jurisdictions. This case highlights how on-chain transparency and established cooperation channels can support lawful investigations involving digital assets.For users, cases like this reinforce how compliance standards, risk-based controls, and effective law enforcement cooperation translate into real-life outcomes. Binance remains dedicated to supporting competent authorities through technical assistance while investing in compliance and security programs to ensure a safe and resilient digital-asset ecosystem where innovation can thrive.Further ReadingBinance Partners with STOP THE TRAFFIK to Disrupt Crypto Flows in Human Trafficking and Child ExploitationBinance Becomes The First Member of T3+ Global Collaboration to Fight Blockchain-Related CrimesCompliance, by the Numbers – Inside Binance's Global Safety InfrastructureDisclaimer: This article is based on publicly available reporting and information attributed to investigating authorities.

Main TakeawaysQuantum computers cannot break today’s major blockchains, but recent research reinforces the importance of preparing early.The cryptography needed to defend against future quantum attacks already exists. The bigger challenge is helping the entire crypto ecosystem adopt it.Binance believes preparing for emerging threats before they become urgent is key to building long-term security.Quantum computing has become one of crypto’s most discussed long-term security topics. While no quantum computer today can break major blockchain networks, recent research suggests future machines may require less computing power than previously believed.That doesn’t make today’s crypto vulnerable. But because upgrading blockchains, wallets and exchanges will take years, the industry is already preparing for the transition to post-quantum cryptography. This article explains what’s changed, what it means for crypto users, and how Binance is preparing for the future.Why Is Everyone Talking About Quantum Computing Now?Unlike conventional computers, which process information as 0s and 1s, quantum computers use the principles of quantum physics to solve certain types of problems much more efficiently.Major blockchains rely on public-key cryptography to secure wallets, transactions, and digital assets. While quantum computers already exist, today’s machines are far too small and error-prone to break these systems. Sufficiently powerful future machines, however, could eventually pose a challenge.So why is everyone talking about quantum computing now? Because a Google Quantum AI paper published in March 2026 suggested that the computing power needed to break the public-key cryptography used by blockchain networks could be around 20 times lower than previously estimated. Importantly, this shift came from more efficient quantum algorithms rather than a sudden leap in quantum hardware.These findings reinforce the importance of preparing early because upgrading the crypto ecosystem to quantum-resistant cryptography will take time.What Crypto Users Can Do TodayQuantum computing is a long-term challenge rather than an immediate security risk. Based on current technology, quantum computing does not require an immediate change to how most users manage their crypto. Instead, following good security practices can improve your security today while supporting the industry’s future transition to post-quantum cryptography.Keep your crypto apps up to date. Whether you use a self-custody wallet or a crypto exchange, security improvements are released regularly, and future post-quantum upgrades are likely to be delivered through software updates.Use new receiving addresses when your self-custody wallet recommends them. Many modern wallets automatically generate a new receiving address for each transaction. Following this practice can improve privacy and, on some blockchain networks, reduce unnecessary public key exposure.Follow your wallet or exchange provider’s security recommendations. Use strong authentication, protect your recovery phrase and private keys if you use a self-custody wallet, and follow other recommended security practices.Stay informed through trusted sources. Quantum computing is evolving quickly, but not every headline reflects an immediate change in risk.How the Crypto Industry Is PreparingThe cryptography needed to defend against future quantum attacks has already been developed. In 2024, the U.S. National Institute of Standards and Technology finalized its first post-quantum cryptography standards, giving governments and technology companies a foundation for upgrading their systems.For crypto, however, the challenge is adoption. Blockchain networks, wallets, exchanges, and custodians will need to transition in a coordinated way — a process expected to take years.Different networks also face different challenges. Bitcoin has one of the most complex migration paths because many public keys have already become visible on the blockchain as part of normal transactions. Researchers estimate that around 6 million BTC are associated with these exposed public keys. However, that doesn’t mean users need to move their assets today. If future upgrades become necessary, most of those funds could still be moved to new wallet addresses before capable quantum computers exist, leaving an estimated 2.3 million BTC that may ultimately be difficult to protect. Other networks face different technical trade-offs, including the potential impact of quantum-resistant cryptography on performance.At Binance, preparing for post-quantum security means anticipating emerging risks before they become immediate threats. We continue to monitor advances, evaluate emerging standards, and prepare our infrastructure for the industry’s long-term transition.Looking AheadQuantum computing has the potential to reshape digital security, but it is not an immediate threat to today’s blockchain networks.Defending against future quantum attacks isn’t a technology problem anymore. The cryptography exists. What’s left is coordination: getting blockchain networks, wallets, exchanges, custodians, and millions of users to adopt it together. That transition will take time, but starting early gives the industry the best chance of getting it right.At Binance, we believe the strongest security comes from preparing before new risks become urgent. We’ll continue following developments in quantum computing, preparing our infrastructure for the future, and sharing updates as the technology evolves.Further ReadingHalf-Year 2026: Macro & BitcoinAI Versus AI – How Binance Is Defending Users in the Age of Intelligent FraudDisclaimer: This article is for general informational purposes only and does not constitute financial, investment, legal, or technical advice. It does not constitute a guarantee or warranty of any kind, including regarding the accuracy or completeness of any information contained herein. References to specific research, estimates, or third-party findings are for informational purposes and have not been independently verified by Binance.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.Statements regarding quantum computing, post-quantum cryptography, and future security preparations involve risks and uncertainties and are based on current expectations and assumptions. Actual outcomes may differ materially. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

Main TakeawaysBy integrating with national QR standards, Binance Pay lets international travelers pay like locals across Argentina, Bolivia, Brazil, Colombia, Peru, the Philippines, and Vietnam — in crypto, with zero gas fees, and no currency exchange.In Argentina, eligible local users can now pay with their fiat or crypto balance, opening Binance Pay to mainstream users who no longer need to be ‘crypto-native’.Argentina posted over 200% growth in transactions and a 70%+ 30-day return rate, signaling that Binance Pay is becoming an everyday payment habit, not a novelty.Paying by QR code has become second nature in much of the world. But not every QR code works the same way. Previously, different banks and wallets used incompatible QR formats, forcing merchants to display a wall of separate codes, which meant users could only pay if they happened to have the specific app each one required.A national interoperable QR code solves this. It’s a unified payment standard endorsed by a country’s central bank or payment authority, built to fix a common problem: fragmentation. By creating a single, interoperable standard, it lets anyone pay any participating merchant with one scan — no matter which bank or wallet they use. It’s faster for shoppers, simpler for merchants, and it’s why QR has become the default way to pay across many countries.Pay Like a Local with Crypto in 7 CountriesNow, Binance Pay brings that same local convenience to international travelers. By integrating directly with national interoperable QR infrastructure, Binance Pay lets tourists visiting seven supported countries – Argentina, Bolivia, Brazil, Colombia, Peru, the Philippines, and Vietnam – pay like a local without ever exchanging local currency. Most recently, Colombia joined the network in July 2026, further extending Binance Pay’s cross-border reach. Users just need to open the Binance app, scan the national interoperable QR code, and pay directly in USDT, USDC, BTC, ETH, or 100+ other cryptocurrencies, with zero gas fees.With Binance Pay, there’s no need to find a currency exchange counter, carry cash, or set up a local bank account — just open the Binance app, scan, and pay. Payments settle instantly with zero gas fees and no hidden conversion charges, making it the simplest way to spend your crypto while traveling.Binance Pay Adds Fiat Payments – First in ArgentinaBeyond crypto payments, eligible local users can now pay with either their fiat or crypto balance, adding flexibility at checkout. This launched first in Argentina, where Binance Pay QR payments were previously crypto-only. Now, paying in fiat or crypto means Binance Pay works for all mainstream users, not just those already holding crypto. Anyone with an Argentine Peso (ARS) balance on Binance can pay local merchants just like they would with any other digital wallet. It’s now possible to deposit, grow, and spend money, all within the Binance app, with more markets expected to follow. Same app, same merchants, just more ways to pay.200% Growth and Counting in ArgentinaThe results point to clear demand. Since the ARS payment launch in Argentina, crypto still accounts for most transactions, but fiat balance payments have grown steadily — a strong signal that Binance Pay is reaching beyond crypto natives and becoming an everyday local payment habit for mainstream users. The momentum shows in the numbers: between May and June 2026, national QR code payments grew 11% in transaction count and 2% in volume, with Argentina emerging as a standout market, posting over 200% growth in transaction count and 150% in volume, fueled by robust demand. Most telling of all, more than 70% of users returned within 30 days, which is a strong signal that this is sustained, repeat demand rather than one-off curiosity.How to Scan a QR Code and Pay Using Binance PayAccess the [Scan] function:Log in to your Binance App and ensure that you have completed identity verification. Tap the [Scan] icon in the top-right corner of the homepage.Alternatively, search “Pay” in the search bar and tap [Scan] under “Functions.”Or simply hold the Binance icon on your home screen and tap [Scan].Scan the supported merchant’s QR code.Confirm the amount and authorize the payment.After 2FA is completed, the payment is processed immediately.Final ThoughtsQR payments have quietly become the way the world pays. That convenience is now borderless thanks to national interoperable QR standards. By plugging directly into local QR infrastructure across seven countries, Binance Pay lets travelers pay like locals from a single app. Argentina’s early momentum, with 200% growth and a 70% retention rate, shows the Binance Pay experience meets real demand.Binance’s aspiration reaches far beyond those first seven countries. The goal is to see Binance Pay woven into travel hotspots across the globe, so that whether you’re grabbing street food in Vietnam, or picking up coffee in Argentina, paying feels effortless and familiar. One scan, one app, anywhere: a borderless way to pay, wherever the world takes you.Further ReadingBinance Pay to Expand Crypto QR Payments to 10+ Countries by Q3 2026Binance Pay Surpasses 20 Million MerchantsGo Hands-Free This Football Season With Binance PayDisclaimer: 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. Please fund your wallet and perform your transactions cautiously. Binance Pay availability, supported assets, merchants, limits, and features may vary by jurisdiction and user eligibility. Transactions may be subject to conversion rates, spreads, or other applicable fees. financial advice. For more information, see our Terms of Use, Binance Pay Terms of Use and Risk Warning.

Main TakeawaysbStocks crossed $500 million in AUM on July 28, rising from $5.6 million on Day 1 after launching on June 11.bStocks supports 24/7 trading and conversion between a bStock and its underlying equity, with free, instant, two-way conversion for eligible users.Adoption is being driven by young, crypto-native users, with data showing 41.5% of bStocks users started their TradFi journey on Binance via tokenized securities, and Gen Z representing 44% of bStocks trading.Seven weeks after launch, bStocks has crossed $500 million in AUM, up from $5.6 million on day one, June 11. It’s gone from five tickers to more than 46 as of writing. More important than the size of the market is that the data shows an ecosystem that runs deeper than expected. Behind the $500 million is a young generation of investors taking its first steps into traditional finance.The Night Shift on BinanceWhen Wall Street sleeps, bStocks have taken the night shift. After U.S. markets close, bStocks jumps to 58% of equity-linked volume on Binance. Last weekend alone, bStocks recorded $2 billion in trading volume, underscoring how strongly users value the ability to trade beyond traditional market hours.By offering exposure in a tokenized form, we’ve broken down some of the walls of traditional investing – restricted market hours, closing and opening bells – opening up access for an entirely new generation of investors.For eligible users, that means acting the moment something happens, rather than waiting hours for markets to open and catch up to news that’s already old by the time trading starts.The Users Behind the $500 Million AUMThe data so far shows a crypto-native crowd driving bStocks growth. These are users who hold and move mostly in digital assets, often in emerging markets.41.5% of bStocks users began their TradFi journey on Binance through tokenized securities. For a large portion of these users, this is the front door to equities. Gen Z also made up the largest slice of trading activity at 44%.Traditional platforms themselves are often dated and clunky. For small investors, many of the reputable brokers won’t let you open an account without a sizable deposit. For investors who already hold a diversified portfolio in local equities, they often have to jump through the overseas-brokerage process just to get a slice of Apple or Nvidia. With Binance, users can go from crypto to stocks to tokenized securities in the same account, in a matter of seconds.Frictionless Bridge Between bStocks and Direct StocksbStocks run alongside the other TradFi-linked products on Binance instead of in its own silo, so spot, equities, perpetuals, and bStocks all sit in one place. This integrated setup allows users to match the tool to a wide range of investment goals. Someone building a long-term position and someone actively managing exposure want different things. Having direct stocks and bStocks side by side means they can hold for the long run in one and trade with crypto-style flexibility in the other, without juggling accounts. The data shows that 58.5% of bStocks holders are also trading perpetual futures, equities, or all three. Below is a breakdown of how they’re trading.25% across perpetual futures and bStocks20.7% across all three (perpetual futures, equities, and bStocks)12.7% across equities and bStocksOn other platforms, moving between a tokenized security and its underlying share typically requires going through multiple transactions, each with its own fee and spread. Users have to sell their token for stablecoins, and then go onto the Spot market to buy the underlying stock.On Binance that step is free, instant, and works in both directions. You can convert a bStock to a direct stock or back, 24/7, Monday through Sunday.Fees only apply when you buy or sell. Trades on Binance Spot, whether bStocks or direct stocks, carry a flat $0.35 platform fee, or a 0.1% spread on orders above $340. A Widening Roster of Trading PairsbStocks launched on June 11 with five tickers. As of writing it lists more than 46. The early list of bStocks pairs leaned on large-cap companies, such as Nvidia and Apple. Newer listings reach further into the themes currently drawing the most attention among TradFi investors: AI infrastructure and semiconductors. That includes names like Broadcom, IBM, Marvell, TSMC. A batch launched on July 29 expanded coverage further across consumer tech, semiconductors, clean energy, payments, and sector ETFs:Apple (AAPLB/USDT)Applied Materials (AMATB/USDT)Amazon (AMZNB/USDT)Bloom Energy (BEB/USDT)Dell (DELLB/USDT)Fluence Energy (FLNCB/USDT)Goldman Sachs (GSB/USDT)PayPal (PYPLB/USDT)VanEck Semiconductor ETF (SMHB/USDT)Direxion Semiconductor Bear 3X ETF (SOXSB/USDT)Combined with the core lineup of listings – MUB (Micron), SNDKB (Sandisk), CRCLB (Circle), NVDAB (NVIDIA), TSLAB (Tesla), SPCXB (SpaceX), AMDB (AMD), INTCB (Intel), MSTRB (Strategy) – the roster now spans blue-chip stocks, AI names, leveraged products, and geographic exposure. Final ThoughtsFrom $100 million in 15 days to crossing $500 million in seven weeks. Today marks not only a milestone for Binance but proof of a new product category — one that opens TradFi exposure to an entirely new generation of investors. A generation that is young, crypto-native and wants flexible access to TradFi on a user-friendly platform. As bStocks continues to expand listings and liquidity, the focus remains on providing users more ways to build integrated portfolios on Binance across markets, time zones, and asset types.Further ReadingWhy Tokenized Securities? A Look at bStocks vs. Traditional Stocks The Future of Finance is Tokenized Three bStocks User Stories Disclaimer: bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading tokenized securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents. Tokenized securities may be held and transferred on-chain outside the CSD environment. The transfer of tokenized securities back into the CSD environment is subject to conditions and you may be unable to trade, redeem or otherwise deal with the tokenized securities within the CSD environment if such conditions are not fulfilled. No information displayed in connection with tokenized securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The tokenized securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in tokenized securities from within the United States. For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.

Main TakeawaysBinance is further expanding beyond crypto with Commodity Options, giving eligible users access to Gold and Silver.Commodity Options are USDT-settled and European-style, allowing users to trade commodity price movements without physical delivery or a separate brokerage account.Users can trade crypto and commodity options side by side on one platform, making it easier to express macro views across asset classes from a single Binance account.Gold and Silver have shaped markets for millennia. Today, Binance becomes the first centralized crypto exchange to offer these commodities as direct options contracts.Commodity Options launches on July 29, 2026 with two underlyings available – Gold (XAUUSDT) and Silver (XAGUSDT) – with more to be listed over time. It runs on the same engine and interface as Binance's crypto options contracts, so the experience will be immediately recognizable to existing Binance Options traders.How do Commodity Options Work on Binance?A commodity option is a contract linked to the price of a commodity like gold or silver. For an upfront cost called the premium, the buyer gets the right to trade that commodity at a fixed strike price on a set expiry date. A call option profits when the price rises (a bullish view); a put profits when it falls (a bearish view, or a hedge). The maximum loss for buyers is generally limited to the premium they paid, excluding fees.For example, suppose gold is trading at $2,300 and you expect it to rise. You buy a call option with a $2,400 strike price for a $100 premium. Since you paid $100 upfront, gold must rise above $2,500 (strike price plus premium) before you start making a profit – this is your breakeven point. Above $2,500, every extra dollar gold gains is profit in your pocket.And while European-style contracts can only be exercised at expiry, you can always sell to close your position beforehand to lock in profits or limit losses.Only on BinanceGold and Silver commodity options are live now, with more commodities on the way. And because the same metals also trade as perpetuals, Binance is the one place you can do both: trade an option on gold's next move, or go long or short on gold with a perp.USDT-Settled, European-Style ContractsEvery contract is settled in USDT. There's no physical delivery. You're trading the price movement of gold or silver, not the metal itself. With European-style contracts, options are only exercised at the expiry date you set. It’s the same format we use across our crypto options.Trade Crypto and Commodity Options, Side by SideCommodity Options now sit inside the same app you already use to trade crypto. Where do you think Bitcoin and gold are moving? Simply act on what you think the market will do next on the same platform. No separate brokers. No juggling multiple apps. This is what Binance's financial super app looks like in practice: crypto and traditional markets, together in one account. Final ThoughtsCommodity Options are the newest addition to a lineup that's grown well beyond crypto:Cryptocurrencies. 400+ cryptocurrencies across Spot, Futures, and Options.Perpetuals. Crypto, stocks, and ETF perpetual contracts. Direct Stocks. Over 7,000 U.S.-listed stocks and ETFs.Tokenized securities (bStocks). 1:1 economic exposure to U.S.-listed equities.Commodity Options. Gold and Silver, settled in USDT.Gold and silver have shaped markets for millennia. Now they're just one tap away.Explore Commodity Options on BinanceFurther Reading168 Hours a Week: How Binance is Extending TradFi AccessETF Perpetuals on Binance: From Zero to 74% of the Market in 90 DaysHow Emerging Markets Are Driving Stock Investing on BinanceDisclaimer: 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. TradFi Options, in particular, are subject to high market risk and price volatility. TradFi Options are only available for trading during regular market hours. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Exchange Rules, Clearing Rules, Exchange Procedures, Clearing Procedures, relevant Contract Specifications and Risk Warning.

Main TakeawaysA hawkish Fed and firm inflation kept macro conditions restrictive, pulling total crypto market cap down 16.9% to $2.13T as ETF outflows deepened and altcoin selling hit a five-year extreme.That caution showed in OTC flows, which stayed defensive and anchored in stablecoin and fiat corridors Through it all, our desk keeps raising the bar – launching Binance Execution Services (BES), bringing Spot RFQ, execution, live charts, and dedicated trader chat into one dashboard.Welcome to the sixth edition of the Binance OTC & Execution Services Monthly Digest. In this issue, we review a June defined by tighter liquidity and a firmly hawkish Federal Reserve, as reaccelerating inflation, elevated yields, and a stronger dollar kept macro conditions restrictive. We also examine what deepening ETF outflows, defensive positioning, and a broad altcoin drawdown signal about institutional conviction. Finally, we highlight how our desk can scale accumulation beyond the limits of self-serve tools.Binance Execution Services Gets a Major UpgradeBinance OTC recently launched Binance Execution Services (BES), bringing Spot RFQ, Execution, live charts, and dedicated trader chat into one dashboard.To see it in action, watch Adam Bull, Binance OTC & Execution Services Lead on Binance VIP Voices, where he covers the full BES suite, its benefits for your operations, and the latest upgrades built for faster, smarter OTC trading, via this Binance Square Live replay.June 2026 Crypto Market Analysis: Tighter Liquidity and a More Hawkish FedRestrictive Macro and a Reaccelerating BackdropJune was defined by a Federal Reserve that decisively reinforced its higher-for-longer stance, leaving U.S. macro conditions restrictive throughout the month. Geopolitical risk flared after President Trump confirmed U.S. strikes against Iran on June 10, sending WTI crude toward $88, before a signed MOU eased the tail risk by mid-month – crypto barely responded, a sign that attention had shifted to U.S. equities, AI, and rates. With May CPI climbing 4.2% year-on-year, the June 17 FOMC held rates steady but reinforced the higher-for-longer regime, while elevated Treasury yields, a firm dollar, and another Bank of Japan hike kept liquidity tight.A Hawkish Fed and Fading ETF SupportBinance Research noted that total cryptocurrency market capitalization declined 16.9% to $2.13T – exposing the market's dependence on ETF inflows that never materialized, as BTC net outflows held at around $2.2B. Altcoin selling reached a five-year extreme, with a hawkish, Warsh-led FOMC and collapsed Iran ceasefire talks confirming April's bounce as a relief rally rather than a genuine recovery.Market Structure and BTC OutlookInstitutional appetite cooled sharply, with defensive positioning throughout the month: put buying, negative funding, USDT trading around 10 basis points below parity, and a Fear & Greed Index in extreme fear. BTC broke below channel support to a low of $57,800 before buyers stepped in, but repeatedly failed to reclaim $67,000–68,000. With price below the descending trendline from the October 2025 high near $126,000, the structure remains bearish. Altcoins stayed under broad, macro-driven pressure, underscoring that selective exposure still matters more than broad beta. For additional market commentary, read our weekly updates on Binance Square.Institutional Crypto OTC Trading Flows: What We Saw in June 2026June OTC flows remained anchored in stablecoin and fiat activity, with the core dollar corridor again driving the bulk of turnover as clients continued to favor on-ramping over crypto beta in a defensive macro environment.Stablecoin and Fiat OTC VolumeStablecoin/fiat pairs dominated the month, led by the core USDT/USD corridor. USDC/USD, USDT/BHD, and USDT/MXN followed, underscoring sustained demand across the Mexican peso corridor. Further turnover spanned USDT/USDC, USDT/BFUSD, XUSD/USDT, and the euro-denominated EURI/EUR, reflecting the breadth of currencies and stablecoin rails in which the desk maintains deep liquidity. Activity spanned USDT, USDC, USD1, BFUSD, XUSD, and EURI, reflecting a broadening set of rails and growing demand for non-dollar options.Crypto and Altcoin ActivityTrading in the majors centered on BTC, ETH, and BNB, including sizable ETH/BTC flow. Beyond the majors, we facilitated a diverse range of altcoins – including APT, FIO, FIS, KDA, LTC, PENGU, SUI, TRX, VOXEL, WLD, and XRP – alongside long-tail names such as BNC and SPCXB, highlighting our client base's varied investment mandates. Fiat-to-crypto flows also included KZT/BTC, reinforcing the desk's multi-currency execution across both stablecoin and crypto settlement.Multi-Currency Fiat ExecutionTrading volumes were executed across AED, ARS, BHD, BRL, COP, EUR, KZT, MXN, and USD, reflecting the global reach and multi-currency execution capabilities of our desk.Algorithmic Execution for Big Scale Accumulation: 40,000 BNB TWAP Case StudyThis month, our desk supported a client looking to accumulate a significant BNB position. Buying the full size in a single order would have driven significant market impact and slippage on the orderbook, so our traders advised routing it through a TWAP (time-weighted average price) algorithm as part of our Execution services offering.Firstly, we executed a 12-hour TWAP order to purchase 20,000 BNB, spreading fills across the window to minimise price spillage, with the client kept informed at regular intervals. The order settled smoothly over the scheduled window. Satisfied with the result, the client returned to accumulate another 20,000 BNB order on the same terms, bringing the total to 40,000 BNB. This repeat engagement is a clear signal of conviction in the desk's ability to execute scaled accumulation with discipline and transparency.While clients can run algorithmic orders themselves via self-serve tools, it caps at 2M USDT per order and requires the pair's trailing 24-hour volume to exceed 10M USDT. Executing through the OTC desk removes that ceiling entirely – with no upper size limit on trade tickets – letting clients run large accumulation programs while retaining full algorithmic discipline and dedicated trader oversight.Binance OTC & Execution Services: Institutional Crypto Liquidity PlatformBinance OTC & Execution Services is a premier, one-stop solution for executing large or complex crypto trades with confidence and discretion. We support all assets listed on the Binance Spot market, including direct and cross pairs, covering over 445 crypto and fiat assets, one of the broadest OTC asset selections in the industry. Clients benefit from:Zero exchange fees with market-competitive spreadsDedicated traders delivering institutional-grade execution on every orderAccess to deep, multi-venue liquidity pools, the deepest in the industryFlexible settlement options and no upper size limits on trade ticketsFast-Track Your VIP Status Through OTC TradingYour OTC trading volume counts toward your VIP tier – at a 4x multiplier. In other words, every $1 you trade through Binance OTC & Execution Services counts as $4 toward your 30-day spot volume requirement. This applies across the entire OTC suite, from crypto-to-crypto to stablecoin-to-fiat and everything in between – making OTC one of the fastest ways to reach, and keep, your VIP status.Here's how much OTC volume you need to qualify for each tier:VIP Level30-Day Spot Volume RequirementOTC Equivalent (with 4x Multiplier)VIP 1$1,000,000$250,000VIP 2$5,000,000$1,250,000VIP 3$20,000,000$5,000,000VIP 4$75,000,000$18,750,000VIP 5$150,000,000$37,500,000VIP 6$400,000,000$100,000,000VIP 7$800,000,000$200,000,000VIP 8$2,000,000,000$500,000,000VIP 9$4,000,000,000$1,000,000,000For example, executing $250,000 in OTC volume within a rolling 30-day period – combined with the required BNB holding – is enough to qualify for VIP 1 status. Every OTC pair counts, whether you're trading BTC, ETH, stablecoin-to-fiat, or long-tail altcoins.Final ThoughtsJune reinforced a market still waiting on liquidity. A hawkish Fed and stubbornly firm inflation kept conditions restrictive, and easing geopolitical risk wasn't enough to draw institutional capital back. BTC broke key support before stabilizing, while altcoins bore the brunt of broad, macro-driven de-risking.That caution showed directly in flow, with activity anchored in stablecoin and fiat corridors as clients favored on-ramping over crypto. Yet execution demand stayed broad – from multi-currency fiat settlement to large-scale algorithmic accumulation. Meeting that demand is what Binance OTC & Execution Services does best, delivering liquidity, discretion, and execution certainty exactly where clients need it.Contact Binance OTC & Execution ServicesBinance OTC & Execution Services is accessible via the Binance website. Contact the OTC Trading Desk at @Binance_OTC_Desk on Telegram or email trading@binance.com to get started.For bespoke execution support or to discuss the themes covered in this digest, contact your account manager or reach out to our OTC desk directly.Further ReadingBinance VIP Program Criteria Update: Lower VIP 3 Holding Threshold and Integrate OTC Trading Volume into Spot VolumeBinance Execution Services Gets a Major Upgrade: Faster, Smarter OTC Trading – All in One DashboardBinance OTC Monthly Insights - June 2026Disclaimer: 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. Options trading, in particular, is subject to high market risk and price volatility. Past performance is not a reliable predictor of future performance. There is no guarantee that an IOI will result in a binding transaction. An IOI is not a market order. Binance does not act as your adviser or agent. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.

Main TakeawaysBinance commands a 74% share of total ETF TradFi-Perp volume, roughly US$116 billion – up from an 18% share at launch in March 2026.The platform’s lineup now spans 146 TradFi perpetual pairs, with 35 added in the past month, covering broad indices, semiconductors, country themes, plus leveraged and inverse strategies.In July, ETF perps made up 19% of all TradFi-perp trading on the platform, with leveraged sector exposures among the most-traded names.Over the past few months, global ETF volumes have recently hit a record $23 trillion, and that appetite has carried over into the crypto world. As TradFi ETF perps gain traction, the data shows Binance has captured the clear majority of the volume.It’s one more sign that Binance is becoming the home base for the modern investor, who increasingly wants crypto alongside a broad suite of traditional finance products, including stocks, perps, and tokenized securities, all under a single roof.The Numbers Behind the LeadIn just a matter of months, ETF perps have gone from nonexistent to a rapidly expanding market worth over $116 billion – and Binance handles 74% of it, up from 18% when the category first launched in March 2026. ETF perps also now make up 19% of all TradFi-perp trading.Part of Binance’s rapid growth in the sector can be traced back to liquidity, which has a way of compounding. Deeper order books mean tighter spreads and less slippage, which draws in more traders, whose activity only deepens the books further – in short, a liquidity flywheel. Liquidity, however, is only part of the picture. A closer look at what Binance users trade highlights why certain ETF exposures attract outsized interest in perpetual futures form.Multiple Ways to Express Market ViewsBinance’s TradFi perpetual lineup now includes 146 pairs, with 35 added in the past month alone. Coverage includes: broad-market ETFs, such as SPY and QQQ; sector themes, such as semiconductors; country themes; plus leveraged and inverse products.Trading activity also clusters in exposures that can be harder to reach through traditional routes — whether by time zone or by jurisdiction. This type of pattern can occur when traders prefer 24/7 access and derivatives mechanics, including the ability to go long or short and use leverage, instead of trading only during an ETF's market hours.Final ThoughtsETF perpetuals remain small compared with traditional ETF markets, which trade in the trillions of dollars per month. Even so, the growth of ETF perpetuals indicates rising demand for products that connect crypto trading infrastructure with TradFi-linked exposures.It’s also just one piece of Binance’s financial super app vision. Our users can express their market views through an entire lifecycle of products: perpetual futures, direct stock trading settled in stablecoins, and tokenized securities on-chain. Each product runs on its own infrastructure but can all be accessed on Binance. Traders can move between a broad menu of both crypto and TradFi-linked products with deep liquidity and intuitive tools. For traders, that means fewer platforms, and more ways to express a view.Further ReadingThe Future of Finance is Tokenized168 Hours a Week: How Binance is Extending TradFi AccessTradFi Perpetuals on Binance: Trade Commodities and Stocks 24/7Disclaimer: 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. TradFi Perps are subject to high market risk and price volatility (particularly outside traditional market hours). You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. TradFi Perps do not represent ownership of the relevant underlying asset. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Clearing Rules, Clearing Procedures, Contract Specifications and Risk Warning.