The policy prohibits use of the Binance.US platform by individuals under 18 and states that BAM will delete personal information, close accounts, and restrict platform access upon notification that a user under 18 has provided personal information.
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
The policy establishes 18 as the minimum age for platform access and provides a mechanism for reporting underage users. Compliance teams should assess whether the platform's age verification procedures are adequate to prevent underage access given the sensitivity of financial and biometric data collected during onboarding.
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 →Cross-platform context
See how other platforms handle Children's Privacy and Age Restriction and similar clauses.
Compare across platforms →"We do not allow use of our Services and Sites by anyone younger than 18 years old. If you learn that anyone younger than 18 has unlawfully provided us with Personal Information, please contact us at privacy@binance.us and we will take steps to delete such information, close any such accounts, and prevent the user from continuing to use our Services.Excerpt from Binance.US's Privacy Policy
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The policy establishes 18 as the minimum age for platform access and provides a mechanism for reporting underage users. Compliance teams should assess whether the platform's age verification procedures are adequate to prevent underage access given the sensitivity of financial and biometric data collected during onboarding.
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