BINANCE* Charge (What It Is + Is It Legit?)
✓ LegitimateThe "BINANCE*" charge is from Binance. Binance crypto exchange fee or subscription.
Binance
Binance crypto exchange fee or subscription.
Category
Finance
Avg. Charge
Variable
Country
US
Billing Cycle
Variable
Cancel At
binance.com/billing
Support
See website
Why does this charge appear?
Binance uses the truncated descriptor "BINANCE*" on bank statements because payment processors and card networks like Visa and Mastercard enforce a strict character limit on merchant descriptors, typically capping them at 22 characters or fewer. The asterisk following the name is a common formatting convention used by payment processors to separate the merchant name from a secondary identifier, such as a transaction type or reference code, which may appear after it depending on your bank's display format. If you see "BINANCE*" on your statement, it almost certainly reflects a fee or charge tied to activity on your Binance crypto exchange account, such as a trading fee, deposit charge, or subscription service.
What should you do?
Log into your Binance account
Visit binance.com and sign in to your account to review your recent transaction history and confirm the BINANCE* charge matches a fee or subscription you authorized on the platform.
Check your Binance billing details
Navigate to binance.com/billing to review your full billing history, active subscriptions, and any trading fees that may have triggered the BINANCE* charge on your bank statement.
Match the charge amount to a Binance activity
Cross-reference the exact dollar amount of the BINANCE* charge with your Binance account's fee reports or subscription plan costs to confirm it aligns with a specific crypto trade, withdrawal fee, or platform subscription.
Manage or cancel your Binance subscription
If you no longer want to be charged by Binance, go to binance.com/billing to cancel any active subscriptions or adjust your plan to prevent future BINANCE* charges from appearing on your bank statement.
Is this charge fraudulent?
No, this is a legitimate charge from Binance. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
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