Products and services referred to here may not be available in your region. The information on this page may be outdated. Corresponding product terms apply for the usage of each product or service. This promotion is subject to jurisdictional eligibility requirements. Fellow Binancians, To thank you for your continued trust and support, Binance is launching a community appreciation campaign. Eligible users automatically qualify to share trading rewards and earn up to 10% APR. Activity Period: 2026-11-02 11:30:00 (UTC) - 2026-11-21 23:59:59 (UTC) Activity 1: Fee Rebate Voucher for All Verified Users + Trade to Share 20,000,000 USDC Spot Trading Fee Rebate Voucher: Eligible users who have completed identity verification by 2026-11-21 23:59 (UTC) will receive a 100 USDC Spot trading fee rebate voucher. Users can claim the voucher via Profile > Rewards Hub. Trading Reward: During the Activity Period, users who trade eligible Spot, Margin, Convert, USDⓈ-M or COIN-M Futures, bStocks and Stock trading pairs and reach cumulative effective trading volume of $10,000 equivalent or more may get a share in the 20,000,000 USDC reward pool. Reward Calculation: Individual Reward = Total Reward Pool * (Individual Effective Trading Volume / Total Eligible Users’ Effective Trading Volume).Reward Cap: Each eligible user can receive a maximum of 4,000 USDC in token voucher for participation in Activity 1. Activity 2: Earn Higher Yields, Enjoy Up to 10% APR During the Activity Period, eligible users who subscribe to the USDT and USDC Simple Earn Flexible Products, RWUSD, and BFUSD can enjoy up to 10% APR. Note: The reward rules and tiers for different products are calculated independently. ProductUser Status EligibilitySimple Earn Holding Criteria or Required VIP TierTotal APR = Real-Time / Base APR + Bonus Tiered APRUSDC FlexibleNon-VIP Users< 50,000 USD equivalent Real-Time APR(Subject to change, currently around 3%)+7% Bonus Tiered APR(Tier 0 - 10,000 USDC)≥ 50,000 USD equivalent +7.5% Bonus Tiered APR(Tier 0 - 30,000 USDC)VIP UsersVIP 1 - VIP 3 Users+8% Bonus Tiered APR(Tier 0 - 200,000 USDC)VIP 4 - VIP 9 Users+8.5% Bonus Tiered APR(Tier 0 - 300,000 USDC)USDT FlexibleAll UsersApplicable to AllReal-Time APR(Subject to change, currently around 3%)+8% Bonus Tiered APR(Tier 0 - 1,000 USDT)RWUSDAll UsersApplicable to AllBase APR(3.61%)+6.39% Bonus Tiered APR(0 - 50,000 RWUSD)BFUSDAll UsersApplicable to All7 Day Average APR(5.11%)+5% Bonus Tiered APR(0 - 50,000 BFUSD) Terms & Conditions: Spot Trading Fee Rebate Voucher Distribution: Users who complete identity verification before the Activity Period starts. Vouchers will be distributed within 7 working days once the Activity Period starts.For users who register during the Activity Period, rewards will be distributed within 7 working days after identity verification is completed.Spot Trading Fee Rebate Mechanics: Rebate Logic: Users will receive a daily rebate of 30% on the remaining Spot trading fees after referral commissions are deducted.The fee rebate will be issued in USDC to the user's Spot Account by the day following the trade. All Spot fee rebate voucher rewards must be claimed within 15 days of distribution, and the voucher expires within 30 days of distribution after activation. Eligible users must claim the token voucher via Profile > Rewards Hub before the expiry date. Expired Spot fee rebate vouchers become permanently invalid and will not be reissued. Learn how to redeem Binance Trading Fee Rebate Vouchers. Trading Reward: Rewards Distribution: Trading Reward will be distributed within 7 business days after the Activity Period ends.Binance VIP 3 and above users, market makers in the Binance Spot Market Maker Program and Futures Market Maker Program, and Binance brokers are excluded from earning Trading Rewards from Activity 1.Zero-fee trading pairs and certain Convert pairs are excluded from being counted as valid trading volume under Activity 1. Excluded Convert pairs include: FDUSD/USDT, USDC/USDT, TUSD/USDT, U/USDT, BUSD/USDT, USDP/USDT, DAI/USDT, GUSD/USDT, EURS/USDT, USDN/USDT, RSV/USDT, U/USDC, USDC/BUSD, BUSD/USDP, USDC/TUSD, DAI/USDC, FDUSD/TUSD, DAI/TUSD, FDUSD/USDC, DAI/FDUSD, AEUR/EUR, BUSD/FDUSD, EUR/EURI.During the final settlement, and where applicable, any sub-account’s trading volume will be combined with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account. Earn High APR Activity: Only master accounts are eligible for the Bonus Tiered APR. Sub-accounts will not be included in the bonus reward calculation. USDT and USDC Simple Earn Flexible Products: Rewards Distribution:Real-Time APR: The rewards are accrued and directly accumulated in users’ Earn Accounts every minute. Real-Time APR is subject to change every minute, please refer to the respective product page(s) for full information.Bonus Tiered APR: The rewards will be distributed to users’ Spot Accounts every day. The first reward will be given the day after accrual starts (two days after subscription). For more calculation details, please refer to this FAQ.It may take up to 48 hours for newly met holding criteria users and up to 2 hours for newly upgraded VIP users to be able to view the Bonus Tiered APR.Rewards are limited. Once the rewards pool is exhausted, Bonus Tiered APR will no longer be available to new participants.Eligible users can activate the special offer by making at least one new subscription of any amount (including Auto-Subscribe) after the Activity Period starts. Users who participated in the October USDC Campaign and remain eligible will have the special offer automatically activated.During the Activity Period, users who borrow stablecoins via Binance Loans or Margin and subscribe to the following products for arbitrage will not be eligible for Bonus Tiered APR rewards. Any Bonus Tiered APR rewards already distributed will be deducted. RWUSD:Rewards Distribution:Base Rewards are distributed daily to users' Spot Accounts, starting two days after the subscription date.Bonus Tiered Rewards are distributed in a one-time payment to eligible users' Spot Accounts by 2026-12-13. Bonus rewards are calculated based on the lowest balance of RWUSD in the user’s Binance account during that day and subject to the respective tier limit. Bonus Tiered Rewards begin accruing at the applicable Bonus APR following the day a user subscribes.By subscribing to RWUSD, users will be allocated RWUSD (1:1 in exchange for their stablecoin assets) and earn daily APR rewards in RWUSD. For subscription and redemption details, please refer to this FAQ. Users can also trade RWUSD on the Spot Market here. RWUSD purchased on the Spot Market is eligible for the Bonus Tiered Rewards as well.Existing RWUSD holdings in master accounts are eligible for Bonus Tiered Rewards. RWUSD will remain eligible for Bonus Tiered Rewards even if it is used as margin for Futures trading or as collateral for VIP Loan and Margin, provided that it is held in the master account.BFUSD:Rewards Distribution:Base Rewards are distributed daily to users' Spot Accounts, starting two days after the subscription date.Bonus Tiered Rewards are distributed in a one-time payment to eligible users' Spot Accounts by 2026-12-13. Bonus rewards are calculated based on the lowest balance of BFUSD in the user’s Binance account during that day and subject to the respective tier limit. Bonus rewards begin accruing at the applicable Bonus APR following the day a user subscribes.Users can also trade BFUSD on the Spot Market here.For more details please refer to this FAQ.Simple Earn Products and RWUSD are subject to subscription limits. Please refer to the respective product pages for details.Changes to the Simple Earn, RWUSD and BFUSD Rewards Rate will be published on the Platform from time to time. Please refer to Binance Simple Earn Terms & Conditions, Binance RWUSD Terms and Conditions, Binance BFUSD Terms and Conditions and Risk Warning for more information prior to using Earn Products. These terms and conditions (“Activity Terms”) govern users’ participation in the activity above (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions. In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice.The products or features referred to above may not be available in users’ region. Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance services in each country from which the services are accessed.Only users from eligible regions who have completed account verification (KYC) are eligible to receive rewards. Subject to legal and regulatory requirements, some offers may not be available or may be restricted in certain jurisdictions or regions, or to certain users. Users are responsible for informing themselves about and observing any relevant restrictions and/or requirements.None of the Activities above is open to residents or citizens of the United States, the United Kingdom, the European Economic Area (all 30 member states), Hong Kong, Singapore, or clients of Binance FZE (UAE) or users in any other jurisdiction on Binance's List of Prohibited Countries. For the avoidance of doubt, any attempts to participate in the Activities by these users will not be counted, considered, or eligible for any reward, recognition, or prize. Binance reserves the right to verify the jurisdiction of any participant and to disregard any entry at its sole discretion. Unless otherwise stated, all "$" refer to USD.Certain products may not be available in some regions; please refer to the final display on the activity page. All calculations and determinations regarding any promotional offers under this Activity (including but not limited to trading volume, rankings, reward distribution, and quota calculations) will be made by Binance at its sole discretion.Binance reserves the right to disqualify any participants who tamper with Binance program code, or use other software to interfere with the operation of Binance program code. Furthermore, Binance reserves the right to disqualify users if their accounts are involved in any dishonest behavior (e.g., wash trading, illegally bulk-registered accounts, risk accounts, self-dealing, or market manipulation).Binance reserves the right to disqualify participants and revoke all their rewards if Binance reasonably determines they have engaged in fraudulent behavior, failed to comply with applicable terms and conditions, or engaged in activities related to illegal, fraudulent, or harmful purposes (including bulk registering accounts to obtain extra rewards).Users are solely responsible for determining, declaring, and paying any taxes, duties, levies, or other charges that may arise in connection with any rewards they receive under this Campaign, and for complying with any applicable reporting obligations. Binance does not accept any liability for a user’s tax position or for any failure by a user to meet their own tax obligations. Where required by applicable law, Binance may withhold, deduct, or report amounts to the relevant tax authorities. All reward amounts described in this Activity are stated before any such withholding or deduction.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Thanks for your support! Binance Team 2026-11-02 Note: This announcement was updated on 2026-11-03 to provide more information on the RWUSD product. Trade on-the-go with Binance’s crypto trading app (iOS/Android) Find us on TelegramWhatsAppXFacebookInstagramDiscord Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. Disclaimers: 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. 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. RWUSD is a product offered by Binance and is not directly linked to any real assets or securities. Participation does not grant ownership of any underlying assets. RWUSD is not a stablecoin or security, and is not available to U.S. persons. RWUSD involves risks and Redemption is not guaranteed to be immediate or uninterrupted. Each APR is not representative of the performance of BFUSD for any period other than the particular date specified and is not indicative of future results. BFUSD cannot be withdrawn. Redemption restrictions may apply, which may affect your ability to redeem BFUSD for a supported USD stablecoin. 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. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
Binance Replaced 90% of the $6.3B Hack Loss. "Recovered" Is the Wrong Word
#binancesafufundtransfercompleted7499btc The 90% figure is Binance's own claim. "Replaced" is not "recovered," and the independent proof is still pending. Binance says it has replenished 90% of the assets stolen in Thursday's $6.3B hack, up from about 80% in its previous update, using its own resources (CoinDesk, Oct 31). For anyone watching $BNB , $BTC and $ETH around the exchange's restart, the question has shifted from whether Binance says it can pay to whether the numbers survive independent checking. WHAT BINANCE SAYS (OCT 31 UPDATE) ▪️ 90% of stolen assets replenished, up from roughly 80% ▪️ Fully backed per Binance: BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC ▪️ The remaining ~10% is less liquid tokens, being bought on public markets and over the counter ▪️ Funding: corporate treasury, part of the futures insurance fund, and a partial SAFU deployment expected within 24 hours. Binance says it is using only the portion above SAFU's required size and has committed to restoring the fund to about $1B ▪️ Withdrawals: on track to reopen Sunday, Nov 1. An earlier update said the restart would be phased, with not every service returning at once ▪️ A full technical post-mortem will be published once the investigation finishes "REPLENISHED" IS NOT "RECOVERED" Binance is buying replacement assets with its own money. That restores user balances. It does not claw back what the attacker took. The separate recovery effort is the roughly $3B that partners froze on-chain (per Binance; Tether says it froze over $1.56B and Circle over $800M). Tallies of what remains with the attacker differ by analyst, so treat any single figure with care. WHAT IS STILL OPEN ▪️ Independent verification: Binance's proof-of-reserves snapshot (midnight UTC, Oct 31) shows 100%+ coverage for the named tokens. The full cryptographic proof, which lets users verify their balances are included, is expected by Nov 3 (CoinDesk) ▪️ Root cause: Binance first pointed to a compromised engineer's laptop, then to additional breach points. Co-CEO Richard Teng said an EIP-7702 delegation "did not pass through our normal approval controls" ▪️ Attribution: analytics firms TRM Labs and Chainalysis assess the attack matches North Korea's TraderTraitor group. These are third-party assessments. Binance has not attributed the attack, and President Trump said "we don't know" ▪️ Scale: the loss is roughly 4% of the ~$144B Binance held before the hack (DefiLlama, via CoinDesk) WHAT WOULD CONFIRM A CLEAN RECOVERY The full cryptographic proof published on time and checked by independent analysts. Withdrawals reopening on schedule without new outages. A post-mortem that explains how the approval controls were bypassed. WHAT WOULD SIGNAL TROUBLE The restart slipping, outside analysts unable to reconcile the reserve data, the last 10% taking far longer than described, or more breach points surfacing. MY TAKE (ANALYSIS, NOT FACT) Replacing 90% of a loss in about two days is a genuine strength, and it is the strongest argument for Binance's balance sheet. But whether SAFU "worked" is too early to say. It was one of three funding sources, and only its above-requirement portion is being used. What would settle the trust question is independent proof and a full root-cause report, and neither has been published yet. Also expect phishing waves. Use official Binance channels only. Is the 90% replacement enough to restore your trust, or are you waiting for the full proof of reserves? Not financial advice. Always DYOR. Follow for Daily Hot Analytics Like This. @MistralAK #Binance #SAFU #CryptoSecurity #BinanceRecovery90% of stolen assets
Binance Lost $6.3B in Minutes. Here's What Binance Hasn't Explained Yet
#BinanceReports80%Recoveryof$6.3BillioninLossesfromHackIncident #HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours #CZSaysCompensationIsinPlaceUsersAreProtected The biggest crypto theft on record took about 3 minutes and 24 seconds to execute. The aftermath is the part that matters now. A Binance Ethereum hot wallet was emptied about 3 minutes 24 seconds after one attacker transaction (TRM Labs). Binance puts total impact near $6.3B. Within 24 hours, $BNB fell about 8% to roughly $693, $BTC dropped about 4.9% to near $76,900 and $ETH slid about 5.7% (Oct 30 snapshot, check live prices). WHAT'S CONFIRMED ▪️ About $3B frozen so far (Binance). Tether froze over $1.56B, Circle over $800M ▪️ Binance says it will cover all losses: $6.34B set aside, about $5B already held in the same tokens ▪️ TRM Labs and Chainalysis link the attack to North Korea's TraderTraitor. No official attribution yet ▪️ Withdrawals paused. Phased restart targeted around Sunday, proof-of-reserves report due Monday (latest report I found, Oct 31) WHAT WOULD CONFIRM A CLEAN RECOVERY A proof-of-reserves report on time that independent analysts can verify, plus a withdrawal restart without new outages. WHAT WOULD SIGNAL TROUBLE Restart dates slipping, reserve figures outsiders cannot reconcile, or more breach points beyond those already disclosed. WHAT I'M WATCHING The root cause is still unexplained. Co-CEO Richard Teng said the malicious delegation "did not pass through our normal approval controls." Binance first pointed to a compromised engineer laptop, then to "additional points of breach." No public source alleges an insider. Expect phishing waves too: use official Binance channels only. Does Binance's cover-all-losses plan settle the trust question, or do you want to see the proof-of-reserves report first? Not financial advice. Always DYOR. Follow for Daily Hot Analytics Like This. @MistralAK #BackedNotBroken:RichardTengSaysUsersBearNoLoss #BinanceRecovery90% of stolen assets