Binance says affected European accounts will close by Dec. 31, 2026
Binance has confirmed that certain affected accounts in Europe will close effective Dec. 31, 2026, as the exchange progressively restricts services for those users.
Reports based on customer notices say affected users can no longer make deposits, while crypto and fiat withdrawals remain available. The full scope of the affected account group has not been publicly confirmed.
The notices reportedly also set out a monthly charge for crypto left in affected accounts beginning Nov. 29, 2026. Binance confirmed the account-closure process to CoinDesk, but the reported fee and operational terms come primarily from customer communications reviewed by media.
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Users in France, Spain, Italy and Poland have been reported to receive similar notices. It is not confirmed whether users in additional countries or account categories are included.
Reported fee terms for remaining balances
According to the reported notices, a monthly fee would apply to crypto remaining in affected accounts from Nov. 29, 2026. The charge was described as 0.025% of the remaining crypto balance or 10 USDC, whichever is higher.
These specific terms have been reported by media based on customer notices. Binance publicly confirmed that the affected-account closure process is under way, but did not independently publish the complete notice terms in the reviewed sources.
- Reported fee start date: Nov. 29, 2026
- Reported fee: 0.025% of the remaining crypto balance or 10 USDC, whichever is higher
- Confirmed account-closure effective date: Dec. 31, 2026
What Binance has confirmed and what remains unclear
Binance told CoinDesk that it is progressively restricting certain services for affected European users and that the relevant accounts will close effective Dec. 31, 2026.
The reports point to France, Spain, Italy and Poland, but the exchange has not publicly confirmed a complete country list or the full range of accounts covered. As a result, the reports establish that the restrictions affect some users in those markets, rather than all Binance users there.
- Deposits are reportedly blocked for affected accounts.
- Crypto and fiat withdrawals reportedly remain available.
- The complete geographic and account-level scope has not been publicly confirmed.
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Context for exchange users
The reported restrictions separate deposits from withdrawals: affected users are reportedly unable to add funds but can still withdraw crypto and fiat ahead of the stated closure date.
Users seeking information about a reported suspension of both deposits and withdrawals at another platform can read our coverage of Mercado Bitcoin’s reported security incident. For wider market context, see our report on U.S. spot bitcoin ETF net outflows.
Continue reading: Mercado Bitcoin’s reported security incident on BTCNews.
Continue reading: U.S. spot bitcoin ETF net outflows on BTCNews.
Sources
- CoinDesk: Binance users in some European countries told to pull crypto before fees kick in, with accounts closing by year end
- CoinDesk: Binance-Nutzer in einigen europäischen Ländern wurden aufgefordert, Kryptowährungen abzuheben, bevor Gebühren anfallen
- Binance Square reposting Cointelegraph: Binance France emails announce closure of its users’ accounts on Dec. 31
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