1 min read
Add as a preferred source on Google

何一 Says Binance UIDs Are Unique and Local Platforms Are Separate

The U.S., Turkey and Thailand fiat platforms use separate account systems. The statement followed a user’s report of missing assets after a transfer to Binance Thailand.

A fingertip pauses above a phone’s transfer confirmation screen / TokenPost.ai
A fingertip pauses above a phone’s transfer confirmation screen / TokenPost.ai

Binance user IDs are unique and its local fiat platforms do not share account systems, 何一 said after a user reported missing assets in a transfer to Binance Thailand.

The user attempted to move funds from Binance’s main platform to Binance Thailand by entering a UID and did not carefully review the second confirmation, 何一 said. The user blamed a UID collision for the missing assets, but 何一 said Binance UIDs do not collide.

何一 and four employees followed up soon after the incident and helped freeze the funds. The recipient is inactive and has not responded. 何一 said efforts to contact the recipient and negotiate a resolution were continuing.

Binance’s local fiat platforms in the United States, Turkey and Thailand operate separately and do not share account systems. 何一 urged users to check addresses and UIDs carefully before transferring or withdrawing funds.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…