YieldHow safe is Binance Earn,
really?
Instead of a vague 'trusted' badge, we grade Binance Earn on five concrete, checkable criteria — each with sources. Here's exactly how it scores.
Criterion by criterion, with sources
- ✗ Regulation
Dubai VARA license, but in November 2023 DOJ/FinCEN/OFAC/CFTC settlement of $4.3B over money laundering, sanctions violations, and unlicensed money transmission. CZ stepped down as CEO. A separate SEC complaint was dismissed with prejudice in May 2025. Source →
- ✓ Proof-of-Reserves
Publishes monthly Merkle-tree PoR since November 2022. Covers BTC, ETH, USDT, BNB and others. Source →
- ✓ Flexible withdrawal
Flexible products are available for most assets. Locked products are clearly tagged. Source 1 → Source 2 →
- ✓ Insurance Fund
SAFU (Secure Asset Fund for Users) of $1B+, public reserve addresses. Source →
- ✗ Track record (2+ years incident-free)
World's largest exchange since 2017. In November 2023 Binance and CZ pleaded guilty to US DOJ charges (AML/BSA, unlicensed money transmission, sanctions violations); Binance paid a $4.3B settlement (DOJ/FinCEN/OFAC/CFTC) and CZ stepped down as CEO. Source 1 → Source 2 →
Incidents we count
Known incidents
2- November 2023 DOJ/FinCEN/OFAC/CFTC settlement of $4.3B over money laundering, sanctions violations, and unlicensed money transmission. CZ stepped down as CEO. Source →
- December 2022 On Dec 13 2022 paused USDC withdrawals for a few hours amid a rush of withdrawals (~$3B of outflows in a day) and a bank conversion delay during the post-FTX panic. Source →
Current earn rates on Binance Earn
| Asset | Rate | Type |
|---|---|---|
| RIF | 46 % | flexible |
| EUL | 44.9 % | flexible |
| ZIL | 29.4 % | flexible |
| COTI | 21.8 % | flexible |
| ORCA | 19.5 % | flexible |