An article on understanding Binance

： C2C strict selection zone The issue of deposit and withdrawal has always been the most concerning point for everyone. Many people are worried about being frozen or encountering unreliable merchants. Binance @ binancezh has directly entered a C2C strict selection zone this time, with the core being an additional layer of protection, allowing everyone to withdraw funds with peace of mind. The merchants in the strict selection area are either high-quality merchants that have been screened in Binance Shendun, or those who have paid a large deposit to join, so the overall quality is higher. one ️⃣ The biggest highlight: If you withdraw funds in the strict selection area and encounter a judicial freeze within 30 days, the platform will compensate you 50% of the amount, with a maximum limit of 20000 USDT. For example, if you sell 30000 U, you can lose 15000 U if your card is frozen. Of course, there are also boundary conditions: if the report is submitted after 30 days, or if it is not frozen by the judiciary, or if the transaction is not in the strict selection zone, then no compensation will be paid. two ️⃣ Transaction fees vs S.H.I.E.L.D. merchants Strict selection area charges a 0.2% handling fee, which provides higher protection when purchasing. If you feel that the transaction fee is not cost-effective, you can still continue to use Binance Shield as a regular merchant, with good security, but without a compensation mechanism. three ️⃣ New user cashback benefits: Now there is also a benefit: new users who buy any cryptocurrency through C2C and meet the cumulative requirement of ≥ 50 USDT can receive a 15% cashback (up to 10 U, refunded in BNB form). Simple account calculation: Buy 67 U BNB and you can directly receive cashback when you consume 10 U or more. four ️⃣ Additional activity: From 8/18 to 8/31, the first transaction in the strict selection area is free of handling fees. Accumulated transactions exceeding 30000 U, there is also a chance to draw coin security peripheral gift packages, and even iPhone 17. The more "3" in the order number, the higher the chance of winning. It's quite interesting, it's not actually 4 hahaha.