Binance Starts Moving Crypto Out Of Funding Accounts Ahead Of Stocks Rename
Binance began a staged migration of non-stock crypto assets from Funding Accounts into Spot Accounts on September 29. The move is scheduled to run through January 2027, when Funding Accounts are set to be renamed Stocks Accounts for stock and stock-options settlement.
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Users with assets in Funding Accounts will notice the change starting with the September 29 migration, since non-stock crypto is being moved into Spot Accounts. That matters for account holders who currently use Funding Accounts for these assets, because the account structure is changing over time rather than in one step.
In practice, the setup shifts from Funding Accounts holding non-stock crypto assets to Spot Accounts holding them, while the Funding Account name is later reserved for stock and stock-options settlement. What stays the same is that the process is staged and extends through January 2027, so the transition is not immediate.
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| 24 days ago | Manhattan US Attorney leading probe into Binance’s Iran compliance: Bloomberg event | 1 actors in common · 3 news media |