“Our liability...to you or any third parties in any circumstance is limited to the actual amount of loss or damage...and shall in no event exceed $10,000.”
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
Regardless of the magnitude of actual harm, users and third parties can recover no more than $10,000 from Binance.US, which may be far less than the value of assets or losses at stake in a dispute.
Your maximum potential recovery from Binance.US in any circumstance is the lesser of your actual loss or damage and $10,000.
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we will not be liable or responsible for any loss or damage of any sort incurred as the result of any correspondence or dealing solely between you any third party.
"Our liability...to you or any third parties in any circumstance is limited to the actual amount of loss or damage...and shall in no event exceed $10,000.Excerpt from Binance.US's Terms of Use
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Regardless of the magnitude of actual harm, users and third parties can recover no more than $10,000 from Binance.US, which may be far less than the value of assets or losses at stake in a dispute.
Your maximum potential recovery from Binance.US in any circumstance is the lesser of your actual loss or damage and $10,000.
ConductAtlas has identified this type of provision across 281 platforms. See the full comparison.
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