S-N-Yousafi

AI Summary
Digital asset investment products recorded $446 million in net outflows last week, extending a prolonged period of withdrawals and signaling that market sentiment has yet to fully recover following the sharp price shock in mid-October.
According to the latest Digital Asset Fund Flows Weekly Report, cumulative outflows since the October 10 selloff have now reached $3.2 billion, underscoring continued caution among institutional investors despite relatively stable year-to-date (YTD) flow figures.
 
Outflows Persist Despite Solid Year-to-Date Inflows
While weekly flows remain negative, year-to-date inflows still stand at $46.3 billion, only slightly below the $48.7 billion recorded over the same period in 2024. This suggests that, on paper, capital allocation to digital assets remains historically strong.
However, performance tells a different story. Total assets under management (AuM) are up just 10% YTD, indicating that once price declines and volatility are factored in, the average investor has seen little to no net benefit this year.
This divergence between headline flows and realized outcomes highlights how persistent drawdowns have weighed on confidence, even as long-term capital commitments remain largely intact.
U.S. Leads Outflows as Germany Emerges as a Buyer
Regionally, outflows were broad-based, but the United States was the clear epicenter, recording $460 million in weekly withdrawals. Switzerland also posted modest outflows of $14.2 million.
Germany stood out as the major exception.
Germany attracted $35.7 million in inflows last week
Total inflows into German-listed digital asset products now reach $248 million for the month
The data suggests that German investors are selectively accumulating during periods of price weakness, contrasting with the more defensive posture seen among U.S. allocators.
 
XRP and Solana ETFs Defy the Trend
While most major digital assets continue to face selling pressure, XRP and Solana ETFs remain notable outliers.
Last week:
XRP products recorded $70.2 million in inflows
Solana products added $7.5 million
Since their mid-October ETF launches in the U.S., cumulative inflows have reached:
$1.07 billion for XRP
$1.34 billion for Solana
These figures sharply contrast with the performance of more established assets and suggest investors are seeking differentiated exposure through newer ETF structures, rather than broad market beta.
Bitcoin and Ethereum Continue to Bleed Capital
In contrast, the two largest cryptocurrencies remain under pressure:
Bitcoin products saw $443 million in weekly outflows
Ethereum products lost $59.5 million
Since the launch of XRP and Solana ETFs:
Bitcoin has recorded $2.8 billion in net outflows
Ethereum has seen $1.6 billion in net outflows
This pattern highlights a clear rotation within institutional crypto allocations, away from legacy assets and toward alternatives perceived to offer either structural growth or cleaner positioning.
#USGDPUpdate #Token2049Singapore #CryptoETFMonth #BinanceAlphaAlert #WriteToEarnUpgrade $BTC $ETH $BNB

This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. 
Fellow Binancians, 
Binance Earn presents to you new offers that are newly added to Yield Arena this week. Stay tuned for more campaigns in Yield Arena to earn rewards from Simple Earn, ETH Staking, SOL Staking, Dual Investment, and more.
Earn Spotlight Limited-Time Offers
USDe：
Eligible users who hold at least 0.01 USDe for 24 hours can enjoy 4.25% APR rewards from 2025-12-19 00:00 (UTC) to 2025-12-25 23:59 (UTC). 
Simple Earn:
New Earn User Exclusive: Subscribe to ACE, USDT, USDC, or BNB Flexible Products to grab a 2,000 ACE Trial Fund Voucher.
ETH & SOL Staking
From now until 2025-12-31, users who stake the following will enjoy boosted APR:
ETH Staking: Up to 2.6% APR
SOL Staking: Up to 5.6% APR
On-Chain Yields: 
Stake your BTC with Babylon BTC Staking to earn up to 2.5% APR in BABY rewards, starting from 2025-12-03 10:00 (UTC) to 2026-01-02 23:59 (UTC).
Dual investment: 
From 2025-12-01 03:00 (UTC) to 2025-12-31 23:59 (UTC), users who subscribe to Dual Investment and participate in the December Monthly Leaderboard program can enjoy up to $5,888 rewards.
Trending Offers
Product
Offerings
Duration
APR
Min. Subscription Limit per User
Max. Subscription Limit per User 
Flexible Products
USDT
Flexible
Real-Time APR 
(Approximately 1.5%)
+
5% Bonus Tiered APR
(Tier 0 - 200 USDT)
0.01 USDT
Unlimited
USDC
Flexible
Real-Time APR 
(Approximately 1%)
+
4% Bonus Tiered APR
(Tier 0 - 8,000 USDC)
0.01 USDC
3 Million USDC
ETH
Flexible
Real-Time APR 
(Approximately 1.4%)
+
0.1% Bonus Tiered APR
(Tier 0 - 0.2 ETH)
0.002 ETH
Unlimited
SOL
Flexible
Real-Time APR 
(Approximately 2%)
0.01 SOL
Unlimited
POLYX
Flexible
Real-Time APR 
(Approximately 40%)
0.1 POLYX
450,000 POLYX
Locked Products
BABY
120 days 
29.9%
1 BABY
2,000,000 BABY
NIL
120 days 
29.9%
1 NIL
200,000 NIL
KERNEL
30 days
29.9%
1 KERNEL
200,000 KERNEL
ETH Staking
ETH
Flexible
Dynamic APR(Approx. 2.6%)
0.0001 ETH
Unlimited
SOL Staking
SOL
Flexible
Dynamic APR(Approx. 5.6%)
0.01 SOL
Unlimited
Dual Investment
BTC
Multiple Settlement Dates
15% or more
0.00001 BTC
200 BTC per Subscription
ETH
Multiple Settlement Dates
15% or more
0.0001 ETH
4,000 ETH per Subscription
Check Out All Binance Earn Opportunities!
Please Note:
Flexible and Locked Products
Binance reserves the right to adjust APRs at any time without prior notice.
Offers are available on a first-come, first-served basis. 
Once subscribed, users can view their assets by going to Assets > Earn.
Users may choose to redeem their assets in advance in Simple Earn Locked Products. After choosing early redemption, the principal will be returned to their Spot Accounts, and the distributed interest will be deducted from the refunded principal. Due to differing global time zones, it may take up to 72 hours to receive the tokens. However, in the case of exceptional circumstances the return of such assets may be delayed further. Please see our terms and risk warning for more details.
Users will automatically receive rewards from ongoing Launchpools when they hold BNB Flexible Products and/or BNB Locked Products positions. Refer to this announcement for more information.
Users may also accrue scores and qualify for Megadrop rewards with active BNB Locked Products positions. For more details, please refer to the FAQ. 
On top of that, users who subscribe to BNB Simple Earn products (Flexible and/or Locked) with their BNB holdings can receive airdropped tokens via HODLer Airdrops. 
**********
About Simple Earn
Simple Earn products are principal-protected in token amounts, providing users with a secure way to earn rewards through either flexible or locked terms and allowing them to earn benefits without compromising their initial investment. Learn more here. 
About Dual Investment 
Dual Investment is a high-yield structured product that allows users to buy or sell cryptocurrency at their desired price and date in the future while earning rewards no matter which direction the market goes. Learn more here. 
**********
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. 
Thank you for your support!
Binance Team
2025-12-24
#BinanceAlphaAlert $BNB

KGeN Trading Competition and Deposit Campaign: Trade and Deposit KGeN (KGEN) and Share $500K Worth of Rewards
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians, 
Binance Wallet is excited to launch the KGeN Trading Competition and Binance Alpha Token Deposit Campaign! During the Promotion Period, trade or deposit KGeN (KGEN) tokens in your Binance Wallet (Keyless) or via Binance Alpha to share exclusive token rewards. Any user who is eligible to trade Binance Alpha tokens is eligible to participate in this event. 
1st KGEN Trading Competition Promotion Period: 2025-12-25 13:00 (UTC) to 2026-01-01 13:00 (UTC)
2nd KGEN Trading Competition Promotion Period: 2026-01-01 13:00 (UTC) to 2026-01-08 13:00 (UTC)
Binance Alpha Token Deposit Campaign Promotion Period: 2025-12-25 13:00 (UTC) to 2026-01-01 13:00 (UTC)
General Rules​​:
Trading Competition: 
Participants will be ranked separately in each Promotion Period based on their total purchase volume of KGEN tokens during the respective Promotion Period.
For each Promotion Period, the top 5,000 users by purchase volume of KGEN tokens will share 1,250,000 KGEN tokens equally, with each eligible user receiving 250 KGEN tokens.
Binance Alpha Token Deposit Campaign: 
Participants will be ranked according to the time they complete the Deposit and Transfer task during the Promotion Period. The first 1,920 eligible users who deposit and transfer at least 60 KGEN in a single transaction will share a total reward pool of 99,840 KGEN equally (= 52 KGEN per user).
How to Participate:
Trading Competition: 
Update your Binance App to the latest version, ensure you have created a Binance Wallet (Keyless) and backed it up.
During the Promotion Period, trade KGEN on Binance Wallet (Keyless) or Binance Alpha. 
After the Promotion Period ends, rankings will be automatically calculated. Eligible winners can claim their rewards on the event page.
Binance Alpha Token Deposit Campaign: 
Deposit eligible tokens from external on-chain address to Binance Wallet (Keyless) 
Select [Binance Wallet (Keyless)] in [My Wallets].
Select [Receive] and deposit funds from external on-chain address* to your Binance Wallet (Keyless).
Transfer eligible tokens from Binance Wallet (Keyless) to Binance Alpha 2.0 Account
Switch to the [Exchange] tab and go to [Asset] - [Alpha] to view your Binance Alpha 2.0 Account page.  
Select [Transfer In] and transfer the specified amount of eligible tokens.
Please Note:
Only trades executed via ​​Binance Wallet (Keyless)​​ or ​​Binance Alpha​​ will qualify in this Promotion. Third-party dApp transactions are excluded.
Only cumulative purchases count during the campaign. Selling is excluded.
​​No Volume Caps​​: There is no cap on the trading volume for each participant in this Promotion.
Transactions related to bridging of tokens are not eligible for this Promotion.
All verified regular users on Binance Alpha are subject to regional product and deposit availability and may face restrictions due to legal requirements.
Liquidity providers in the Binance Spot Liquidity Provider Program and Binance Brokers are not eligible to participate.
The deposit volume transferred from Binance private key wallets to Binance Wallets (Keyless) or swapping of other tokens in Binance Wallet directly will not be included in the final deposit amount for this Promotion.
Gas fees will be excluded from the final volume calculation for this Promotion.
Rewards for the Binance Alpha Token Deposit Campaign will be distributed directly to the winning users’ Binance Alpha Accounts or Binance Wallet (Keyless) on a first-come, first-served basis. 
*External on-chain address: A blockchain wallet address that is not imported into Binance, used for sending or receiving assets outside the Binance platform. 
Guides & Related Materials:
How to Send and Receive Tokens on Binance Wallet
How to Transfer Funds from Binance Wallet to Binance Alpha Account
Terms & Conditions:
These terms and conditions (“Activity Terms”) govern your participation in this activity (“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 Policy; 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 Policy. 
Only users from qualified regions who complete account verification (KYC) and hold an active Binance Wallet shall be eligible. 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. Tokens will not be distributed to users who delete or deactivate their Binance Wallets.
Reward Distribution:
All rewards will be distributed in KGEN tokens, according to the reward distribution mentioned above.
Token rewards will be distributed to eligible users before 2026-01-15 13:00:00 (UTC).
Eligible winners can check their token rewards directly on their Binance Alpha Accounts or Binance Wallet (Keyless).
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
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 users shall be bound by these amendments.
This Promotion is available to all verified regular users enabled for Binance Alpha, subject to product (and where relevant, deposit methods’) availability in users’ regions, and may be restricted in certain jurisdictions or regions, or to certain users, due to legal and regulatory requirements.
All calculations and determinations in respect of any promotion will be undertaken by Binance in its sole discretion.
The commencement and operation of the campaign (including the commencement of the Promotion Period) are subject to the successful listing of the relevant token on Binance Alpha. 
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-12-25
#BTCVSGOLD $BTC

Starpower Trading Competition and Deposit Campaign: Trade and Deposit Starpower (STAR) and Share $220K Worth of Rewards
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians, 
Binance Wallet is excited to launch the Starpower Trading Competition and Binance Alpha Token Deposit Campaign! During the Promotion Period, trade or deposit Starpower (STAR) tokens in your Binance Wallet (Keyless) or via Binance Alpha to share exclusive token rewards. Any user who is eligible to trade Binance Alpha tokens is eligible to participate in this event. 
1st STAR Trading Competition Promotion Period: 2025-12-25 16:00 (UTC) to 2026-01-01 16:00 (UTC)
2nd STAR Trading Competition Promotion Period: 2026-01-01 16:00 (UTC) to 2026-01-08 16:00 (UTC)
Binance Alpha Token Deposit Campaign Promotion Period: 2025-12-25 16:00 (UTC) to 2026-01-01 16:00 (UTC)
General Rules​​:
Trading Competition: 
Participants will be ranked separately in each Promotion Period based on their total purchase volume of STAR tokens during the respective Promotion Period.
For each Promotion Period, the top 4,230 users by purchase volume of STAR tokens will share 972,900 STAR tokens equally, with each eligible user receiving 230 STAR tokens.
Binance Alpha Token Deposit Campaign: 
Participants will be ranked according to the time they complete the Deposit and Transfer task during the Promotion Period. The first 2,000 eligible users who deposit and transfer at least 100 STAR in a single transaction will share a total reward pool of 194,000 STAR equally (= 97 STAR per user).
How to Participate:
Trading Competition: 
Update your Binance App to the latest version, ensure you have created a Binance Wallet (Keyless) and backed it up.
During the Promotion Period, trade STAR on Binance Wallet (Keyless) or Binance Alpha. 
After the Promotion Period ends, rankings will be automatically calculated. Eligible winners can claim their rewards on the event page.
Binance Alpha Token Deposit Campaign: 
Deposit eligible tokens from external on-chain address to Binance Wallet (Keyless) 
Select [Binance Wallet (Keyless)] in [My Wallets].
Select [Receive] and deposit funds from external on-chain address* to your Binance Wallet (Keyless).
Transfer eligible tokens from Binance Wallet (Keyless) to Binance Alpha 2.0 Account
Switch to the [Exchange] tab and go to [Asset] - [Alpha] to view your Binance Alpha 2.0 Account page.
Select [Transfer In] and transfer the specified amount of eligible tokens.
Please Note:
Only trades executed via ​​Binance Wallet (Keyless)​​ or ​​Binance Alpha​​ will qualify in this Promotion. Third-party dApp transactions are excluded.
Only cumulative purchases count during the campaign. Selling is excluded.
​​No Volume Caps​​: There is no cap on the trading volume for each participant in this Promotion.
Transactions related to bridging of tokens are not eligible for this Promotion.
All verified regular users on Binance Alpha are subject to regional product and deposit availability and may face restrictions due to legal requirements.
Liquidity providers in the Binance Spot Liquidity Provider Program and Binance Brokers are not eligible to participate.
The deposit volume transferred from Binance private key wallets to Binance Wallets (Keyless) or swapping of other tokens in Binance Wallet directly will not be included in the final deposit amount for this Promotion.
Gas fees will be excluded from the final volume calculation for this Promotion.
Rewards for the Binance Alpha Token Deposit Campaign will be distributed directly to the winning users’ Binance Alpha Accounts or Binance Wallet (Keyless) on a first-come, first-served basis. 
*External on-chain address: A blockchain wallet address that is not imported into Binance, used for sending or receiving assets outside the Binance platform. 
Guides & Related Materials:
How to Send and Receive Tokens on Binance Wallet
How to Transfer Funds from Binance Wallet to Binance Alpha Account
Terms & Conditions:
These terms and conditions (“Activity Terms”) govern your participation in this activity (“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 Policy; 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 Policy. 
Only users from qualified regions who complete account verification (KYC) and hold an active Binance Wallet shall be eligible. 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. Tokens will not be distributed to users who delete or deactivate their Binance Wallets.
Reward Distribution:
All rewards will be distributed in STAR tokens, according to the reward distribution mentioned above.
Token rewards will be distributed to eligible users before 2026-01-15 16:00:00 (UTC).
Eligible winners can check their token rewards directly on their Binance Alpha Accounts or Binance Wallet (Keyless).
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
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 users shall be bound by these amendments.
This Promotion is available to all verified regular users enabled for Binance Alpha, subject to product (and where relevant, deposit methods’) availability in users’ regions, and may be restricted in certain jurisdictions or regions, or to certain users, due to legal and regulatory requirements.
All calculations and determinations in respect of any promotion will be undertaken by Binance in its sole discretion.
The commencement and operation of the campaign (including the commencement of the Promotion Period) are subject to the successful listing of the relevant token on Binance Alpha. 
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-12-25
#WriteToEarnUpgrade $XRP

This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Will Support the Frax Share (FXS) mainnet swap and rebranding to Frax (FRAX).
General
Trading
At 2026-01-13 03:00 (UTC), Binance will remove all existing FXS spot trading pairs (i.e., FXS/USDT) and cancel all pending FXS spot trading orders.
 At 2026-01-15 08:00 (UTC), Binance will open trading for the FRAX/USDT trading pairs.
Deposits and Withdrawals
At 2026-01-13 03:30 (UTC), deposits and withdrawals of FXS tokens will be suspended. Users should ensure they leave sufficient time for their FXS token deposits to be fully processed prior to this time. 
Deposits of FRAX tokens will be opened at 2026-01-15 07:00 (UTC).
Binance will make a separate announcement after the event is completed to notify users when withdrawals of FRAX tokens have opened.
After the event is complete, withdrawals of FXS tokens will no longer be supported.
Binance will handle all technical requirements for users who are involved in this event.
Users may refer to the announcement from the project team for more information.
Mainnet Swap and Rebranding
FXS tokens will assume the ticker of FRAX tokens on Binance. 
All FXS tokens will be swapped to FRAX at a ratio of 1 FXS = 1 FRAX.
Spot
At 2026-01-12 03:00 (UTC),
Binance Spot Copy Trading will remove the aforementioned spot trading pairs. After this time, any outstanding spot trading pairs will be moved to the Spot Account. 
Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to this time to avoid potential losses.
At 2026-01-13 03:00 (UTC), 
Binance will remove and cease trading on all Spot trading pairs for FXS. The exact trading pairs being removed are: FXS/USDT. All trade orders will be automatically removed after trading ceases in each respective trading pair.
Binance will remove Trading Bots services for the aforementioned Spot trading pairs where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.
Binance will open trading for the FRAX/USDT trading pairs at 2026-01-15 08:00 (UTC).
Futures
Starting from 2026-01-06 08:30 (UTC), users are not allowed to open new positions for the aforementioned contract(s). 
At 2026-01-06 09:00 (UTC),
Binance Futures will close all positions and conduct an automatic settlement on the aforementioned contract(s). The aforementioned contract(s) will be removed after the settlement is complete. Users are advised to close any open positions prior to the settlement time to avoid automatic settlement. 
Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the FXSUSDT symbol(s).
During the final hour proceeding the scheduled settlement time of a futures contract, the Futures Insurance Fund will not be utilised to support the liquidation process in respect of that futures contract. Any such liquidation triggered during the final hour will be executed as a single Immediate or Cancel order (“IOCO”), which will be offloaded into the market in one attempt. If, following the execution of the IOCO, the assets remaining available in the user's account are sufficient to meet the required Maintenance Margin (after accounting for realized losses and any applicable Liquidation Clearance Fee), the liquidation will cease. If the IOCO fails to fully reduce the position to a level that satisfies the Margin Maintenance requirements, any unfilled portion of the position will be resolved through the Auto-Deleveraging (ADL) process. Users are strongly advised to actively monitor and manage open positions during the final hour, as this period may be subject to heightened volatility and reduced liquidity.
In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the aforementioned contract(s) without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. A separate announcement will be made for relisting.
Margin
At 2025-12-29 06:00 (UTC),
Binance Margin will suspend Cross Margin and Isolated Margin borrowings on the aforementioned pair(s).
At 2026-01-06 10:00 (UTC)（Margin Delisting Time),
Binance Margin will remove FXS from Cross and Isolated Margin. The FXS/USDT, and FXS/USDC Cross Margin pairs, and FXS/USDT, and FXS/USDC Isolated Margin pairs will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said token(s), these users may only manually transfer up to the amount of liabilities of that token(s) into their Margin Accounts, less any collateral already available.
Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned Isolated Margin pair(s), which will then be removed from Isolated Margin.
If users hold both collateral and liabilities of the aforementioned token(s) on Cross Margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:
If users only hold the aforementioned token(s) in the form of collateral: 
If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin Accounts that are to be removed will then be fully sold. 
If the CML is below 2, the remaining token(s) in users’ Cross Margin Accounts that are to be removed will be fully sold. 
If users only hold the aforementioned token(s) in the form of liabilities:
If CML is at or above 2, pending orders will not be affected. 
If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. 
The system will then sell other collateral tokens to buy and fully repay the aforementioned token(s)’ liabilities.
Please note that users will not be able to update their positions during the removal process, and they are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading at Margin Delisting Time. Binance will not be responsible for any potential losses.
Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balances before Margin Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. 
All FXS balances in the Cross Margin Account under the Portfolio Margin Account will be automatically converted to USDT from Margin Delisting Time. The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds. Refer to this FAQ for more information.
A separate announcement will be made for relisting.
Loans
At 2026-01-06 07:00 (UTC), 
Binance Loans (Flexible Rates) and VIP Loan will close all outstanding loan positions for FXS (both loanable tokens and collateral tokens will be closed). Users are strongly advised to repay their outstanding FXS loans before this time to avoid any potential losses.
Please refer to the Binance Loans (Flexible Rates) and VIP Loan FAQs for more information. More details are also available in the Binance Loans and VIP Loan Terms and Conditions.
Simple Earn 
From 2026-01-12 08:00 (UTC),
Binance Simple Earn will cease support for FXS Simple Earn Flexible Products. Subscriptions will no longer be available. 
All remaining FXS Flexible Products positions, together with any accrued rewards, will be automatically redeemed to users’ Spot Accounts. Users can choose to redeem their assets from FXS Simple Earn Flexible anytime beforehand without deduction of any accrued rewards.
After 2026-01-15 08:00 (UTC), Binance Simple Earn will resubscribe the converted FRAX assets for Flexible Products for impacted users.
Binance Pay
At 2026-01-09 08:00 (UTC), Binance will remove FXS from the list of supported cryptocurrencies on Binance Pay.
Gift Card
At 2026-01-13 03:00 (UTC),
Binance will no longer support the creation of FXS Gift Cards.
Users may proceed to redeem any unredeemed FXS Gift Cards for FXS tokens before this time.
Convert
Binance Convert will remove FXS and all associated pairs at 2026-01-13 02:00 (UTC).
Convert Low-Value Assets 
Convert Low-Value Assets will remove FXS at 2026-01-12 02:00 (UTC). Users may choose to convert the low-value assets beforehand. 
Buy & Sell Crypto
At 2026-01-05 03:00 (UTC), Buy & Sell Crypto will remove FXS and all associated pairs.
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-12-26
#BTCVSGOLD $SOL

This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply. 
Fellow Binancians,
Binance is pleased to launch a new Word of the Day (WOTD) game! The theme of this week’s WOTD is “Copy Trading”. Read selected articles to learn more about this topic and participate in this week’s WOTD to grab a share of the rewards. 
Activity Period: 2025-12-29 00:00 (UTC) to 2026-01-04 23:59 (UTC)
Complete 3 Words to Unlock Your Share of 400,000 HOME Token Vouchers
WOTD is an educational word-guessing game, which allows users to increase their crypto vocabulary and stay on top of the latest market developments.
How Does It Work
All eligible users may play up to two WOTD games per day to test their knowledge on the given topic.
Users who get a total of three correct answers during the Activity Period are eligible for an equal share of 400,000 HOME token vouchers.
The maximum reward per winner is capped at 80 HOME.
How to Enable the Second WOTD Game
After the first game, click the "Get A New WOTD" button.
Share one of the selected articles of the day on social media.
Unlock the second WOTD game once the selected article is successfully shared on social media and the shared link is clicked by a third party.
New User Welcome Bonus
In addition, all new users who register for a Binance account using the “WOTD2025” referral code or via this referral link during the Activity Period, will each receive 10% off their Spot trading fees. Users may also qualify for additional welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.
Play WOTD Now to Earn Rewards!
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Terms & Conditions
Binance reserves the right to modify or cancel the Promotion at any time without prior notice.
Binance reserves the right to update the list of eligible countries/regions for the Promotion at any time. Users who were previously able to participate may no longer be eligible to join or receive rewards under the updated terms.
These terms and conditions (“Activity Terms”) govern users’ participation in this WOTD activity (“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 Policy; all of which are incorporated by reference into these terms and conditions. 
In 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 Policy.
The WOTD game may not be available in certain countries/regions. Only users from eligible countries/regions who complete account verification shall be able to participate and receive rewards.
Users may play up to two WOTD games daily. To unlock the second WOTD game of the day, click on the "Get A New WOTD" button after the first game and share any selected article of the day on social media. The sharing will be deemed successful when the shared link is clicked by a third party.
All token rewards will be distributed within two weeks after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub.
For the new user welcome bonus: The 10% Spot trading fee discount will remain valid as long as the Binance referral program is in place. Users may qualify for welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegal bulk account registrations, self dealing, or market manipulation).
Binance reserves the right to disqualify any participant found to be engaging in fraudulent activities or violating the platform’s terms of use.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
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 users shall be bound by these amendments.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-12-29
#CPIWatch $XRP

Binance Square: Celebrate Your #2025withBinance to Unlock a Share of 5,000 USDC
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Celebrate your trading journey this year with #2025withBinance! As the year comes to a close, Binance Square invites you to share your 2025 trading highlights or reflections for a chance to win a share of 5,000 USDC in token vouchers.
Activity Period: 2025-12-29 09:00 (UTC) to 2026-01-12 09:00 (UTC)
How to Participate:
During the Activity Period, create at least one Binance Square post sharing your trading experiences or key insights from 2025. Your post(s) must meet the following criteria to be eligible:
Include the #2025withBinance hashtag; 
Include any of the trade sharing widgets; 
Contains at least 100 characters.
Tip: Include a screenshot of your Year-In-Review achievement page to showcase your crypto space journey!
Rewards Structure:
Rewards are distributed based on the total number of eligible posts made during the Activity Period. The more content you share, the higher your rewards!
Reward Calculation: (User’s number of posts/Total number of eligible posts) * 5,000 USDC 
Bonus: Double your rewards by enabling the Trader Profile feature to showcase your full trading portfolio! 
Notes:
The total reward available will be capped at 5 USDC per user.
Each user can make a maximum of 5 eligible posts.
Terms & Conditions:
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. 
Reward Distribution:
Token vouchers will be distributed within 21 working days after the Activity ends. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub. 
All token voucher rewards will expire 14 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.
Users identified as risk users within 7 days following the Activity end date will be deemed ineligible for rewards. This ineligibility applies regardless of any changes to the user’s risk status after the rewards have been distributed.
Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. 
Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, the 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.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right of final interpretation of this Activity.
Additional Activity terms and conditions can be accessed here.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-12-29
#StrategyBTCPurchase $ETH

MetaArena Trading Competition: Trade MetaArena (TIMI) and Share $500K Worth of Rewards
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians, 
Binance Wallet is excited to launch the MetaArena Trading Competition on Binance Alpha! During the Promotion Period, trade MetaArena (TIMI) in your Binance Wallet (Keyless) or via Binance Alpha to share exclusive token rewards. Any user who is eligible to trade Binance Alpha tokens is eligible to participate in this trading competition. 
1st TIMI Trading Competition Promotion Period: 2025-12-29 13:00 (UTC) to 2026-01-05 13:00 (UTC)
2nd TIMI Trading Competition Promotion Period: 2026-01-05 13:00 (UTC) to 2026-01-12 13:00 (UTC)
General Rules​​:
Participants will be ranked separately in each Promotion Period based on their total purchase volume of TIMI tokens during the respective Promotion Period.
For each Promotion Period, the top 5,240 users by purchase volume of TIMI tokens will share 7,178,800 TIMI tokens equally, with each eligible user receiving 1,370 TIMI tokens.
Please Note:​​
Only trades executed via ​​Binance Wallet (Keyless)​​ or ​​Binance Alpha​​ will qualify in this Promotion. Third-party dApp transactions are excluded.
Only cumulative purchases count during the campaign. Selling is excluded.
​​No Volume Caps​​: There is no cap on the trading volume for each participant in this Promotion.
Transactions related to bridging of tokens are not eligible for this Promotion.
How to Participate:
Update your Binance App to the latest version, ensure you have created a Binance Wallet (Keyless) and backed it up.
During the Promotion Period, trade TIMI on Binance Wallet (Keyless) or Binance Alpha. 
After the Promotion Period ends, rankings will be automatically calculated. Eligible winners can claim their rewards on the event page.
Terms & Conditions:
These terms and conditions (“Activity Terms”) govern your participation in this activity (“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 Policy; 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 Policy. 
Only users from qualified regions who complete account verification (KYC) and hold an active Binance Wallet shall be eligible. 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. Tokens will not be distributed to users who delete or deactivate their Binance Wallets.
Reward Distribution:
All rewards will be distributed in TIMI tokens, according to the reward distribution mentioned above.
Token rewards will be distributed to eligible users before 2026-01-19 13:00:00 (UTC).
Eligible winners can check their token rewards directly on their Binance Alpha accounts or Binance Wallet (Keyless).
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
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 users shall be bound by these amendments.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-12-29
#BTC90kChristmas $BTC

Đây là một thông báo chung. Các sản phẩm và dịch vụ được đề cập ở đây có thể không có sẵn ở khu vực của bạn. Các điều khoản và điều kiện áp dụng.
Các bạn Binancians,
Ví Binance rất vui mừng thông báo ra mắt Web3 Loan, một tính năng vay mượn trên chuỗi mới hiện có trên trang Web3 Earn.
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