The core message from the image is that you are being asked to confirm your agreement to two things:
1. A transfer of services or legal rights/obligations.
2. The updated Terms of Use.
The message states that you can explicitly confirm this agreement by clicking the "AGREE AND CONTINUE" button. Importantly, it also notes that continuing to use the Binance Services from today onward will automatically be deemed as your agreement to both the transfer and the updated Terms of Use.
💡 Importance of the Message
This notification is typically associated with a significant structural change in how Binance operates, often driven by regulatory compliance.
Based on recent global announcements from Binance, this particular message is likely related to:
• Regulatory Alignment and Restructuring: Binance is transitioning its global operations to be provided by newly licensed and regulated entities, often under the framework of a specific financial center like the Abu Dhabi Global Market (ADGM). This restructuring is intended to align with new regulatory requirements.
• Transfer of Contractual Rights: The "transfer" refers to the rights and obligations under your existing Terms of Use being automatically transferred (or "novated") from the previous Binance entity to the new, relevant regulated entities.
• Updated Legal Documents: The updated Terms of Use reflect this new regulatory structure, clearly identifying the service provider responsible for each product. These legal documents are a legally binding agreement that governs your use of Binance's services.
• Continued Access and Service: Agreeing to the new terms is necessary to continue using the platform. However, the change is generally behind-the-scenes—your balances, existing positions, order history, and daily use of the platform are typically unaffected.
In essence, by clicking "AGREE AND CONTINUE" or by simply continuing to use the service, you acknowledge and consent to the new legal entities and updated rules that govern your account and trading activities, ensuring Binance's compliance and your continued access to the platform.
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