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Updates on the Creation of Gift Cards & Transferring of Crypto via Gift Cards

Updates on the Creation of Gift Cards & Transferring of Crypto via Gift Cards

2023-07-11 00:00

Fellow Binancians,

Effective from 2023-07-20 03:00 (UTC), the creation of Gift Cards and transferring of cryptocurrencies via Gift Cards will only be available to entity accounts which have completed entity verification. Users with non-entity accounts may still create Gift Cards and transfer cryptocurrencies via Gift Cards before 2023-07-20 03:00 (UTC). 

All users will still be able to send and redeem Gift Cards after this update. 

Notes: 

  • Please note that the “Send” feature differs from the “Transfer” feature, as the former allows users to send their existing Gift Cards to others, while the latter allows users to transfer cryptocurrencies from their Spot or Funding Wallet to others via a newly created Gift Card redemption code.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-07-11

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. These fluctuations may affect the value of digital assets loaded onto a gift card, which may be lower or higher at the time of redemption than it was at the time of loading. Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use, Terms of Use for Binance Gift Cards and Risk Warning.