Binance confirms year-end closure for affected European accounts

A Binance spokesperson told CoinDesk on 7 November that affected European accounts will close on 31 December. Customer emails also describe fees from 29 November, but CoinDesk says those emails have not been independently confirmed.

The spokesperson said deposits are blocked while crypto and fiat withdrawals remain available. Customers in France, Spain, Italy and Poland have publicly reported receiving notices. This concerns affected accounts, rather than evidence that every European account faces identical treatment.

The reported emails describe a monthly charge of 0.025% of remaining crypto or 10 USDC, whichever is higher. Those figures should be treated as reported notice terms until confirmed for the customer's own account. The closure date has separate spokesperson confirmation.

Binance's June announcement said it had withdrawn its Greek MiCA application and would seek authorisation in another member state. That older announcement provides background, not confirmation of every detail in the November emails.

The practical distinction is between the account deadline and the authenticity of a particular message. Binance's own guidance directs users to their in-app notices and official support; it says it will not request passwords, two-factor codes or private keys. The November report should not be read as proof of a sudden withdrawal freeze.