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 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 →How other platforms handle this
At the end of the retention period, personal information will be deleted, destroyed, or deidentified.
We will promptly destroy personal information at the end of the retention period, as described above. When we destroy personal information, we do so in a way that prevents that information from being restored or reconstructed.
We will retain your Personal Information for as long as we need it to provide you with access to our Services or to fulfill the purposes for which it was collected...
"To determine how long we will retain your personal information, we consider the amount, nature, and sensitivity of the personal information, the potential risk of harm from unauthorized use or disclosure...Excerpt from Binance.US's Privacy Policy
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The clause states: “To determine how long we will retain your personal information, we consider the amount, nature, and sensitivity of the personal information, the potential risk of harm from unauthorized use or disclosure...”
ConductAtlas has identified this type of provision across 268 platforms. See the full comparison.
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