Binance C2C "Select" Zone has launched online testing, offering 50% compensation guarantee

PANews reported on July 29th that Binance C2C will launch a "Strictly Selected" zone. This zone will be open to carefully selected Shield advertisers or bulk advertisers. If a user's sell transaction in this zone results in a legal freeze on the advertiser's funds, they will receive a 50% compensation for the transaction amount, capped at 20,000 USDT per transaction, providing greater asset security.

To ensure the smooth launch of this zone, Binance C2C will conduct a two-week online test. The official launch date will be announced at a later date. During the test period, Binance C2C will also maintain a 50% compensation ratio. To ensure the successful completion of the test, the platform will invest US$1 million as a start-up fund for claims settlement.

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Author: PA一线

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