Users who are found to be in violation of our Terms of Use are given advance notice to close all active positions on their accounts and to withdraw funds, failing which the accounts will be locked indefinitely and offboarded.12 May 2021
Read moreWhat does Locked mean in Binance?
Locked Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network . For more on staking, please refer to Binance Academy.
Read moreWhy are my tokens locked on Binance?
The term token lockup refers to a specific period of time in which cryptocurrency tokens cannot be transacted or traded . Typically, these lockups are used as a preventive strategy to maintain a stable long-term value of a particular asset.
Read moreCan I redeem locked staking Binance?
Locked Staking FAQ. About early redemption: Users can choose to redeem in advance . After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal.
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