CryptoSlate
Starting Sept. 29, Binance will stop accepting direct on-chain crypto deposits into Funding Accounts. Users must deposit to Spot instead, and Binance Pay receipts and Convert order settlements will also move to Spot. Existing Funding balances are being handled separately, and Binance says most users do not need to transfer them manually.
The shift changes where assets land, not necessarily which balances can fund payments. Pay transactions can still draw from Funding or Spot according to users’ Payment Priority settings. Funding-only recurring Pay sends remain available for now, but Binance says they will stop executing when Funding is later removed as a Pay source; no date has been announced for that step.
Convert orders backed by assets in Funding remain open and will settle into Spot after the change. Binance advises users with recurring Convert plans to switch their account selection to Spot, and API users to update account references. Funding assets left after voluntary transfers are scheduled for automatic migration in batches starting January 2027. Binance also plans to rename Funding the Stocks Account that month, while bStocks balances are to move to Spot.
Frequently asked questions
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When do Binance Funding Accounts stop accepting direct crypto deposits?
From Sept. 29, direct on-chain crypto deposits must go to Spot instead of Funding.
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Does moving Pay receipts to Spot prevent users from paying with Funding?
No. Pay transactions can still draw from Funding or Spot according to the user's Payment Priority settings.
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What happens to recurring Pay sends funded only from Funding?
They can continue for now, but will stop executing when Binance later removes Funding as a Pay source. Binance has not announced a date for that change.
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Will Binance cancel existing Convert limit orders backed by Funding?
No. Existing orders remain open and settle into Spot after the change.
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When will Binance migrate Funding balances left in users' accounts?
Binance plans to move remaining assets automatically in batches starting January 2027. Most users do not need to transfer existing balances manually.
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