Binance plans to introduce three additional confirmation steps for payment transfers after a user lost 11,398.77 Tether (USDT) by mistakenly entering a user ID instead of an address during a transfer between Binance platforms. The co-CEO, He Yi, explained that Binance's separate local platforms in Turkey, Thailand, and the US use distinct account systems that do not support UID transfers, causing the loss. She personally compensated the user and urged users to carefully verify transfer details. Binance is also inviting product suggestions to improve the process, rewarding selected contributors with 1 BNB each.
Binance Coin (BNB) trades at Rp12.396.079 on Pluang as of Nov 09, 2026 18:42 WIB, showing a 1.88% decline in the past day. The platform records a balanced order activity with 49% selling and 51% buying, and a typical hold time of 90 days. This trading environment unfolds as Binance addresses user transfer issues by planning three new confirmation steps to prevent losses like the recent 11,398.77 USDT incident.
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