7 Total
3 High severity
4 Medium severity
0 Low severity
Summary

This document establishes the privacy policy for Binance.US, operated by BAM Trading Services Inc., and specifies categories of personal data collected from account holders and permitted uses of that data. Binance.US collects government-issued identification, Social Security numbers, bank account details, biometric data, transaction records, device data, and browsing information, with authorization to share such data with third-party service providers, financial institutions, analytics vendors, advertisers, and law enforcement. The policy permits California residents to submit requests to access, delete, correct, or restrict sharing of their personal data through the Binance.US privacy request portal.

Technical / Legal Breakdown

This document is the Privacy Policy for BAM Trading Services Inc. (operating as Binance.US), governing the collection, use, and disclosure of personal information for users of the Binance.US cryptocurrency exchange platform. The policy states that BAM collects identifiers (name, email, phone, government ID), financial information (bank account numbers, transaction history), device and technical data (IP address, browser type, operating system, cookies), biometric data collected during identity verification, and behavioral data (browsing activity, trading patterns); the terms authorize sharing this information with service providers, financial partners, law enforcement, and affiliates. The policy asserts broad data retention authority and describes sharing personal data with third-party analytics, advertising, and compliance vendors, while also disclosing the use of cookies and tracking technologies for behavioral analytics and marketing. The policy engages the California Consumer Privacy Act (CCPA) and its amendment under CPRA, the Bank Secrecy Act, FinCEN regulations, and general FTC Act consumer protection standards; as a U.S.-based cryptocurrency exchange, BAM is subject to financial services compliance requirements including KYC and AML obligations that necessitate collection of government-issued identification and financial records. California residents are expressly identified as having additional rights including the right to know, delete, correct, and opt out of sale or sharing of personal information, though the practical scope of those rights under CCPA depends on enforcement context and how BAM classifies its data processing activities.

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4 important changes detected

4 versions captured · Last updated: May 2026

May 5, 2026

medium
What changed Binance.US updated its privacy policy on May 5, 2026 to disclose expanded data collection and use practices related to artificial intelligence features. The policy now explicitly states that the platform collects information from interactions with AI chatbots, including prompts, market research, and uploaded information. The updated terms also specify that this information may be shared with the AI chatbot provider OpenAI, which may receive details about your account, portfolio, and communication contents along with associated metadata.
Why this matters The updated privacy policy now discloses that Binance.US collects information from interactions with AI chatbots, including prompts, market research, and uploaded information. The policy states this data may be shared with OpenAI, which according to the revised language may receive information about your account, portfolio, and communication contents along with associated metadata. The updated terms also broaden the stated use of personal information to include generating interactive responses through AI chatbots that provide market research and portfolio-specific analysis, as well as collecting inferences about your service use. Your continued use of the platform constitutes acceptance of these updated data collection and sharing practices.
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What changed Binance.US updated its privacy policy on April 19, 2026 with five new sentences and modifications to eleven existing sentences. The policy now explicitly authorizes disclosure of user information to law enforcement and third parties to detect and prevent fraud and financial crimes. The company also added language clarifying that email addresses and identifiers may be used for tailored advertising on other websites and social media, expanded its list of state privacy laws it recognizes, and introduced a 'Your Privacy Rights' webform as an additional mechanism for submitting privacy requests and appeals alongside email contact.
Why this matters The updated policy explicitly authorizes Binance.US to disclose user information to law enforcement, government agencies, regulators, financial institutions, and industry partners to detect and prevent fraud, money laundering, terrorist financing, and other financial crimes. This establishes a new disclosure authority that was not previously explicitly stated. Additionally, the revised language discloses that email addresses and other identifiers collected by Binance.US may be used for tailored advertising on other websites and social media platforms. The policy now provides a 'Your Privacy Rights' webform in addition to email contact as a mechanism for submitting privacy rights requests and appeals. You can submit privacy rights requests through privacy@binance.us or by using the company's 'Your Privacy Rights' webform.
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March 12, 2026 medium

Binance.US updated its Privacy Policy on March 12, 2026, adding explicit language authorizing disclosure of customer information to law enforcement and third parties to detect and prevent fraud and financial …

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March 8, 2026 medium

Binance.US removed explicit language describing fraud prevention disclosures and narrowed the channels available for filing privacy rights appeals. The policy previously stated that user information may be disclosed to law …

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High — 3 provisions
Medium — 4 provisions

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Mapped Governance Frameworks

CCPA/CPRA
California, USA
View official text ↗
Connecticut Data Privacy Act Amendments
US-CT
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CAN-SPAM
United States Federal
View official text ↗
FCRA
United States Federal
View official text ↗
FTC Act Section 5
United States Federal
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GDPR
European Union
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GLBA
United States Federal
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Indiana Consumer Data Protection Act
US-IN
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Kentucky Consumer Data Protection Act
US-KY
View official text ↗
Universal Opt-Out Mechanism Expansion 2026
US
View official text ↗
Archival ProvenanceSource & Archival Record
Last Captured May 5, 2026 05:33 UTC
Capture Method Automated scheduled archival capture
Document ID CA-D-000065
Version ID CA-V-002120
SHA-256 5a517b8d5136b0598d243fb93a9355439cbaa4c1cb00b35ca067f4057da98d63
✓ Snapshot stored ✓ Text extracted ✓ Change verified ✓ Hash verified

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