Binance to Close Accounts in Four European Countries, Sets Deadline and Monthly Inactivity Fee
Key Highlights: Binance has notified users that a monthly inactivity or maintenance fee will apply to remaining cryptocurrency balances starting November 29. The fee is set at either 0.025% or a minimum of 10 USDC, whichever is greater, potentially wiping out accounts holding less than the charge. The policy shift stems from the European Union’s ...