Provision record
Binance.US · Binance.US Terms of Use · View original document ↗

BAM not FDIC insured and assets not FDIC protected

High severity Explicit document language Common · 273 of 352 platforms
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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

Recent Activity

This document changed recently

High Jun 6, 2026

The updated terms introduce automatic enrollment in Soft-Staking for eligible tokens held in user accounts, meaning assets will be staked on Binance.US's behalf with third-party providers unless users opt out before the policy takes effect. Previously, the terms stated staking was optional and required explicit designation. The revised language also establishes that starting July 1, 2026, users will receive at least 14 days' notice before material changes to fee schedules, terms, or account policies take effect. Users can avoid automatic staking by opting out before July 1, 2026, or by withdrawing or designating specific tokens as ineligible for Soft-Staking.

View change record →

Clause Stability Stable

0
Changes
3
Months Monitored
Jul 10, 2026
First Seen
Jul 10, 2026
Last Seen
This clause type exists across 1423 other provisions on other platforms.

How other platforms handle this

Venmo Medium

if you have a PayPal Balance Account and a Venmo account that are both held in your individual capacity...any balances you maintain in those accounts...will be aggregated for purposes of FDIC limits

Tinder Medium

Consistent with applicable law, you understand and agree that Tinder may not share information with you regarding your account termination if doing so would potentially impair the safety or privacy of other users.

Skillshare Medium

within the Services, all discussion boards, groups, or other public forums available to participants are publicly visible to other participants.

See all platforms with this clause type →
▸ View Original Clause Language DOCUMENT RECORD
"
BAM is not a bank nor a member of the FDIC. Your BAM Fiat Wallet and Digital Assets are not insured by the FDIC. Your Digital Assets may lose value.

Excerpt from Binance.US's Terms of Use

Provision details

Document information
Document
Binance.US Terms of Use
Entity
Binance.US
Document last updated
March 14, 2026
Tracking information
First tracked
July 9, 2026
Last verified
July 9, 2026
Record ID
CA-P-021400
Document ID
CA-D-00064
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
cffde825480cc7798cd48c5eac416daf6ce31b4da32b254aa56b0b980ecba4bf
Analysis generated
July 9, 2026 03:54 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Binance.US
Document: Binance.US Terms of Use
Record ID: CA-P-021400
Captured: 2026-07-09 03:54:20 UTC
SHA-256: cffde825480cc779…
URL: https://conductatlas.com/platform/binanceus/binanceus-terms-of-use/provision/CA-P-021400/bam-not-fdic-insured-and-assets-not-fdic-protected/
Accessed: Aug. 2, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Binance.US's BAM not FDIC insured and assets not FDIC protected clause do?

The clause states: “BAM is not a bank nor a member of the FDIC. Your BAM Fiat Wallet and Digital Assets are not insured by the FDIC. Your Digital Assets may lose value.”

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 273 platforms. See the full comparison.

Is ConductAtlas affiliated with Binance.US?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Binance.US.