Binance Wallet has announced some useful news for users around the world regarding the security of their cryptocurrency wallets. Recently, Binance Wallet banned more than 600 accounts for abusing Binance Alpha by fraudulently using automated tools called bot farms. Binance Alpha is a corner where users can contribute to tests, campaigns, or airdrops.
Dear users
In line with our commitment to protecting our users and providing a fair platform, last week we banned over 600 accounts that misused automated tools (such as “bot farms”) to abuse Binance Alpha.
We are strengthening our user feedback mechanisms and… pic.twitter.com/97osYbmVqD
— Binance Wallet (@BinanceWallet) October 19, 2025
Users abuse the Binance Alpha system to profit from it in unethical ways, undermining the system’s credibility and causing inconvenience to other users. To this end, Binance Wallet announced certain features to protect users from further damage and successfully protect the sovereignty of the system. Ultimately, this increases user trust. Binance Wallet revealed this news through its official X account.
New Binance policy enforces zero tolerance for fraud and automation abuse
Binance encourages the community to report suspicious activity performed by unauthorized and invalid parties. This reporting system includes screenshots, user IDs (UIDs), IP addresses, and blockchain addresses. Users who perform wrong activities to gain fame, participate in malicious activities, or attempt to harm the system will be permanently banned from Binance Wallet.
Additionally, Binace Wallet rewards you with 50% for the first genuine report of fraud. Binance has a zero-tolerance policy against fraud and automation abuse within its ecosystem. These features will enhance the platform and our users.
Binance Wallet Global Protection Initiative
In short, Binance Wallet protects genuine users from unfair competition, which allows Binance to maintain the integrity of its platform. This powerful system helps the platform to spread its services to every corner of the world. This progress will also create an environment that is fair and autonomous, without relying on third parties.
In a nutshell, Binance Wallet is building a strong and protected environment for users around the world to support the legitimacy of the platform. This strategic step will improve the platform’s position in the crypto market, other platforms, and among users.