Binance France to close all accounts on 31 December 2026

Fees that hit small balances hardest

Accounts still holding crypto on 29 November will be charged a monthly fee of 0.025% of the balance, with a minimum of 10 USDC, a stablecoin pegged to the dollar. On a $1,000 portfolio, the percentage would come to only 25 cents, but Binance will still take 10 USDC. An account holding less than 10 USDC will be emptied entirely.

Two deductions are planned before closure: one in early December and a second after 24 December. After 31 December the account will be treated as inactive, which, the company warns, "may result in the conversion, transfer or other handling of your crypto assets".

How to leave

First, pick a destination: a MiCA-authorised platform, whose status can be checked in the ESMA register or on the AMF whitelist, or a hardware wallet. In the latter case, keep the recovery phrase safe. Copy the deposit address, then in the Binance app go to Assets, Overview, Send and Withdraw, and select the crypto. The network must match the deposit address, and the cheapest one should not be chosen if it is incompatible. Some assets such as XRP also need a memo or tag. For a first transfer to a new address, send a small amount first.

To get euros, sell the crypto for EUR and request a transfer to a bank account in your name. The sale is taxable if it generates a gain.

Once the account is empty, you can delete it. Deletion is irreversible and transaction history will no longer be available, so export it as a CSV file first for your tax return. In the app, open Account Center, then Security, Manage Account and Delete Account.