Binance France notified customers in early November that their accounts would close on Dec. 31, 2026, according to media reports cited by Cointelegraph. The notices also set a Nov. 29 withdrawal deadline to avoid monthly fees on remaining balances.
Original report published Nov. 8, 2026, at 20:57:51 UTC+8.
Fees and treatment of remaining assets
Cryptoast, Crypto Briefing and other outlets reported on Saturday, citing Binance emails to users, that accounts retaining assets would incur a monthly maintenance fee beginning Nov. 29. The fee would be 0.025% of the balance, with a minimum of 10 USDC, a stablecoin tracking the US dollar.
An email quoted by Cryptoast described the account closures as part of an “orderly cessation of activities.” It said assets not withdrawn by Dec. 31, 2026, could be subject to “conversion, transfer or other processing” after the account was considered inactive under Binance’s terms of use.
Earlier EU service restrictions
The notices followed restrictions affecting Binance users in the European Union. Cointelegraph reported in late June that Binance had warned EU customers of reduced access to key services after failing to secure Markets in Crypto-Assets (MiCA) authorization from a member state before a July 1 deadline.
Responding to Cointelegraph on Sunday, a Binance spokesperson said:
“Following the end of the MiCA transition period, Binance is progressively restricting certain services for affected users, in line with the schedule previously communicated to them.”
The spokesperson did not address Cointelegraph’s specific question about reports that similar emails had been sent to users in Spain and Belgium, leaving those reports unaddressed in the response.
According to media reports cited in the article, Binance had at least 300 million customers globally, while its app recorded more than 4 million downloads in the EU the previous year.