What exactly is the BINANCE* charge on my bank statement?

The BINANCE* charge is a payment processed by Binance, the cryptocurrency exchange. It typically represents a card deposit, crypto purchase, or fee payment made through your Binance account using a linked debit or credit card.

Why does the charge say BINANCE* instead of just BINANCE?

The asterisk in BINANCE* is a standard merchant descriptor format used by payment processors. Binance uses this format to identify card-based transactions, and it may also include additional characters like a reference code after the asterisk.

Can I get a refund for a BINANCE* charge?

Refunds from Binance depend on the type of transaction. Crypto purchases are generally non-refundable due to market volatility, but if the BINANCE* charge was unauthorized or a processing error, you can request a refund through Binance support or dispute it with your bank.

How do I cancel or stop future payments on Binance?

Log into your Binance account, go to 'Payment Methods,' and remove your card from the account. You should also disable any recurring deposit or auto-invest features in your Binance settings to prevent future BINANCE* charges.

How do I stop unauthorized BINANCE* charges from appearing in the future?

Immediately change your Binance account password, enable 2FA, and remove any unrecognized payment methods from your Binance profile. Then contact your bank to block further BINANCE* charges and request a replacement card.

Home›Browse Charges›Finance›BINANCE*

BINANCE* Charge (What It Is + Is It Legit?)

✓ Legitimate

The "BINANCE*" charge is from Binance. Binance crypto exchange fee or subscription.

🌍 US🕐 8 min read📅 Updated May 22, 2026

Binance

Binance crypto exchange fee or subscription.

BINANCE*

What is this charge?

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.

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How to handle this charge

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.

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Quick fraud check

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.

ℹ️ Note

In most cases, seeing "BINANCE*" on your statement is completely normal. Before assuming fraud, check your recent purchases — most mystery charges have a simple explanation.

Is the BINANCE* Charge Legitimate or Fraud?

If you see a BINANCE* charge on your bank or credit card statement, it most likely originates from Binance, the world's largest cryptocurrency exchange by trading volume. This charge typically appears when you deposit funds, pay trading fees, or purchase crypto directly through Binance's platform using a linked payment method.

Common legitimate reasons you may see a BINANCE* charge include:

A fiat-to-crypto purchase made on Binance using a debit or credit card
A deposit into your Binance account balance via bank card
Binance trading fees billed to a linked payment method
A Binance P2P transaction where your card was used for settlement

However, if you do not have a Binance account or did not authorize any transaction, the BINANCE* charge could indicate unauthorized use of your card. In that case, you should act quickly to dispute the charge and secure your accounts.

How to Verify the BINANCE* Charge

1
Log into your Binance account
Visit Binance.com or open the Binance app and navigate to 'Wallet' > 'Transaction History' to find the transaction matching the BINANCE* charge date and amount.
2
Search your email for Binance receipts
Search your inbox for emails from noreply@binance.com or support@binance.com around the date of the BINANCE* charge. Binance sends confirmation emails for card deposits and purchases.
3
Check if a household member used Binance
Ask family members or anyone with access to your card whether they made a crypto purchase or deposit on Binance, as BINANCE* charges can appear on shared accounts.
4
Review your Binance payment methods
Inside your Binance account, go to 'Payment Methods' to confirm your card is linked. If your card is listed but you didn't add it, your account may be compromised.
5
Contact your bank for more details
Ask your bank for the full merchant descriptor and transaction ID associated with the BINANCE* charge, which can help you match it to a specific Binance transaction.

How to Dispute a BINANCE* Charge

1
Act within 60 days of the charge
Most banks require you to dispute a BINANCE* charge within 60 days of the statement date. Acting quickly improves your chances of a successful chargeback.
2
Contact Binance customer support first
Submit a support ticket at support.binance.com explaining the unauthorized BINANCE* charge. Provide the transaction amount, date, and your account details so Binance can investigate.
3
File a chargeback with your bank
If Binance does not resolve the issue, contact your bank or card issuer and formally dispute the BINANCE* charge. Provide any correspondence with Binance as supporting evidence.
4
Request a new card number
If the BINANCE* charge was fraudulent and you did not authorize it, ask your bank to cancel your current card and issue a new one to prevent further unauthorized charges.