The policy authorizes disclosure of user account information, portfolio contents, chatbot communications, and associated metadata to OpenAI as the AI chatbot provider. The disclosed data is stated to be used only to support the Binance.US AI chatbot, but is also subject to OpenAI's own enterprise privacy policy and terms.
This analysis describes what Binance.US's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes that financially sensitive user data including portfolio holdings and account information is transmitted to a third-party AI provider whose own terms and privacy policy also govern the data. Compliance teams should evaluate whether OpenAI's enterprise privacy terms provide adequate data processing protections consistent with GLBA, CCPA, and applicable financial privacy obligations.
The updated policy discloses that Binance.US collects Web3 wallet information including wallet addresses, token balances, transaction data, device identifiers, and timestamps. The company may now disclose pseudonymous wallet identity information (wallet ID) to third parties with read-only access to associated wallet balances and transaction history. Additionally, the policy states that data may be stored and processed both within and outside the United States, rather than exclusively in the US as previously stated. Users should review the updated policy to understand what wallet data is collected and how it may be shared.
View change record →The updated policy explicitly authorizes Binance.US to disclose customer 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. The policy also clarifies that email addresses and other identifiers collected by Binance.US may be used for targeted advertising on other websites and social media platforms. You can opt out of this targeted advertising use by emailing privacy@binance.us or submitting a request through the 'Your Privacy Rights' webform.
View change record →⚠ Users who continue to use the Binance.US AI chatbot feature will have their account, portfolio, and chatbot data disclosed to OpenAI under the terms described in both BAM's policy and OpenAI's enterprise privacy policy.
Cross-platform context
See how other platforms handle AI Chatbot Data Disclosure to OpenAI and similar clauses.
Compare across platforms →"We may also disclose your information with our AI chatbot provider OpenAI. OpenAI may receive information about you, your account, your portfolio and the contents of your communication as well as metadata including usage data uniquely associated with you. Such information will not be used for any purpose other than to support us in providing the AI chatbot, but are also subject to the OpenAI's applicable terms including their privacy policy located at https://openai.com/enterprise-privacy/.Excerpt from Binance.US's Privacy Policy
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This provision establishes that financially sensitive user data including portfolio holdings and account information is transmitted to a third-party AI provider whose own terms and privacy policy also govern the data. Compliance teams should evaluate whether OpenAI's enterprise privacy terms provide adequate data processing protections consistent with GLBA, CCPA, and applicable financial privacy obligations.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Binance.US.