Questions tagged [lock funds]

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CryptoVanguard CryptoVanguard Tue May 07 2024 | 7 answers 1610

Why does Binance lock funds for 10 days?

I'm somewhat puzzled about Binance's decision to lock funds for 10 days. As a trader, liquidity is crucial, and such a long lock-up period seems unreasonable. Could you explain the rationale behind this decision? Is it a safety measure to prevent fraudulent transactions or some other strategic consideration? I'd appreciate it if you could clarify this matter for me.

Why does Binance lock funds for 10 days?

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