# Binance Co-Founder Says Local Fiat Platforms Use Separate Account Systems

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/52030
Published: 2026-11-09T02:51:48.000Z
Updated: 2026-11-09T02:51:48.000Z
Section: Business

> The clarification followed a mistaken transfer to Binance Thailand after the sender entered a UID without carefully checking it during a second confirmation.

Binance co-founder 何一 said the company’s local fiat platforms in Turkey, Thailand and the United States use separate account systems after a user mistakenly sent funds to another account while trying to transfer assets to Binance Thailand.

The sender moved funds from Binance’s main platform and entered a recipient UID directly, 何一 said. The transfer included a second confirmation step, but the sender did not carefully verify the UID. 何一 said each Binance user has a unique UID, with no duplicate numbers.

何一 and four employees tracked the case and helped freeze the funds. The recipient has not responded, and 何一 said contact efforts are continuing.

何一 urged users to check addresses and UIDs carefully before transferring or withdrawing funds.