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Binance will distribute a Token Voucher to liquidated users to facilitate industry recovery

2025-10-14 23:19

BlockBeats News, October 14th, according to an official announcement from Binance, over the past few days, the global cryptocurrency market has experienced significant volatility, affecting users, institutions, and the entire industry. For many, the repercussions of the macroeconomic downturn have been a painful blow to the emerging crypto industry, impacting not only asset prices but also user confidence.


While continuing to advance the specific compensation plan previously announced, Binance has also developed the following additional support for users and the industry to collectively navigate this challenging period. Today, Binance officially launched the "Together Initiative."


1. $3 Billion Token Vouchers
Binance will distribute token vouchers to users who meet all of the following conditions, with individual voucher values ranging from $4 to $6,000, totaling $3 billion:
Users experienced forced liquidation losses due to futures and margin trading between 2025-10-10 00:00 and 2025-10-11 23:59 (UTC);
The total forced liquidation loss amount is at least equivalent to $50;
The liquidation loss accounts for at least 30% of the user's total net assets calculated based on the snapshot taken on 2025-10-09 23:59 (UTC).
Binance plans to start distributing the token vouchers within 24 hours and aims to distribute them to eligible users' Rewards Hub within 96 hours. Please pay attention to in-app and email notifications. Due to the large workload, there may be delays during the distribution process.


2. $1 Billion Institutional Support Plan
For ecosystem and institutional users significantly affected by the recent market volatility, Binance will establish a $1 billion low-interest loan fund to help them resume trading. It is expected that this will inject momentum into the recovery of ecosystem participants, alleviate liquidity pressure, and maintain the stable operation of ecosystem partners. Eligible VIP and institutional users can submit applications through dedicated account managers, who will provide prompt responses and maintain strict confidentiality.

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