The platform encourages users to report any suspected incidents of misuse and offers a reward for verified cases.
Binance, the world’s largest cryptocurrency exchange, has introduced new security measures to prevent the misuse of account features and enhance the platform’s integrity.
The decision follows the discovery of account misuse, which has given certain users unfair advantages. The new measures aim to create a healthy and sustainable market environment that prioritizes the interests of all users.
Binance cautioned that stricter actions will be taken against account misuse, including suspension or termination of accounts if necessary. The exchange emphasized that such misuse harms the platform’s reputation and negatively impacts the experience of most users who follow the rules.