Binance, Exchanges

Why Does Binance Hold Funds for 10 Days?

Binance is one of the most popular cryptocurrency exchanges in the world. They offer a wide variety of coins and tokens to trade, as well as a robust platform.

However, one thing that has caused some confusion among users is why Binance holds funds for 10 days.


Binance is currently holding all funds for 10 days before releasing them to the user. This is due to the recent changes in the platform’s security policies and regulations. As such, users should be aware that there may be a delay of up to 10 days before their funds are released. Furthermore, users should also note that this policy is subject to change without notice and may increase or decrease as Binance deems necessary.

The main reason why Binance holds funds for 10 days is due to security. By holding the funds in a centralized location, they can better protect them from hacks and other malicious activity.

Additionally, this allows them to track any suspicious activity and prevent any attempted theft.

While some users may not like the idea of their funds being locked up, it is a necessary precaution that helps to keep everyone safe. Overall, the security benefits outweigh any negatives and Binance remains one of the best exchanges to use.

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