Binance Bans Over 600 Accounts for Unauthorized Tool Use

Binance has taken action against over 600 accounts, issuing bans related to the unauthorized use of third-party tools. This move underscores Binance’s commitment to user compliance and highlights its stance on secure trading practices. The company has implemented a reporting incentive program where users can earn rewards for identifying and reporting violations. Binance’s enforcement is part of its ongoing efforts to maintain a trusted platform, potentially impacting the future of trading automation on other exchanges.