Key takeaways
Confirmed: Binance France accounts close with effect from 31 December 2026. The French customer email says so, and a Binance spokesperson confirmed that "affected accounts" close on that date.
Who it affects: existing customers of Binance France SAS. New sign-ups have been blocked since late June 2026, and deposits are blocked now. Withdrawals still work.
Fee dates: according to the customer emails, crypto still on the account at the 29 November and 24 December 2026 snapshots (23:59 UTC) is charged 0.025% or 10 USDC, whichever is higher.
Why: Binance holds no MiCA authorisation, and the AMF removed Binance France SAS from its register on 2 July 2026.
Your move: withdraw everything before 29 November and keep your transaction history for your tax return.
Affiliate disclosure: Crypto University may earn a commission if you sign up through some links in this article, at no extra cost to you. This does not affect our assessment.
If you hold crypto on Binance through its French entity, you have a firm deadline. Binance France SAS customers have received an email saying their account will close with effect from 31 December 2026, and that crypto left on it will be charged a monthly fee starting with a 29 November snapshot.
This article covers what is confirmed for France, what rests only on the emails, what to do before 29 November, and how to check any replacement platform yourself.
What Binance France told customers
The email, titled "Rappel important", reached French customers around 6 November 2026 according to Crypto Week. Cryptoast published the key passage:
« En raison de la cessation ordonnée des activités, votre compte Binance France sera clôturé à compter du 31 décembre 2026. Si vous n'avez pas retiré vos crypto-actifs au 31 décembre 2026, ce message constitue une notification de notre intention de considérer votre compte comme inactif, conformément à nos Conditions d'Utilisation. Cela peut entraîner la conversion, le transfert ou tout autre traitement de vos crypto-actifs. »
In English: because of an orderly cessation of activities, your Binance France account will close as of 31 December 2026, and crypto not withdrawn by then may be treated as inactive and converted, transferred or otherwise processed.
A Binance spokesperson told CoinDesk on 7 November that "affected accounts will be closed with effect from 31 December 2026". The spokesperson said deposits are blocked, crypto and fiat withdrawals remain open, and there is "no sudden freeze".
The fee schedule in the email
The fee details come from the customer emails, not from a public Binance announcement. Bitcoin Magazine noted on 9 November that Binance had not published them. According to the emails:
Balances are measured on 29 November 2026 and 24 December 2026, at 23:59 UTC according to the notice text published by Bankier.pl. That is 30 November and 25 December at 00:59 Paris time.
The fee is 0.025% of the crypto balance or 10 USDC, whichever is higher. It is taken within three days of each snapshot, from USDC first and then from other crypto.
If your balance is smaller than the fee, the whole balance is taken. Accounts emptied before the 29 November snapshot pay nothing.
Why France: the AMF register
The French regulator's list of removed crypto providers settles the regulatory side. The AMF's "Liste des PSAN radiés" shows BINANCE France SAS (E2022-037), registered on 4 May 2022 and removed on 2 July 2026, with the note "Caducité automatique du fait de la fin de période transitoire MiCA". Its registration lapsed automatically when France's MiCA transition ended.
France gave existing providers the maximum 18-month transition under MiCA (ESMA list of grandfathering periods), which ended on 1 July 2026. After that, a firm needs a MiCA licence from an EU regulator to serve French clients. Binance withdrew its Greek application on 24 June 2026 and says it will apply in another member state (Binance blog). It does not appear in ESMA's register of authorised providers.
What to do before 29 November
Confirm which entity holds your account. The email names "votre compte Binance France". Check your account settings or terms to see whether you are a Binance France SAS customer. Binance's own advice is to watch your email and in-app notifications and to contact Binance support with questions.
Export your full history first. Download trade, deposit, withdrawal and conversion records as CSV or PDF while you can still log in. French returns generally require you to report crypto disposals, and accounts held with platforms abroad can carry separate reporting duties. Your Binance France records are your evidence, so check the French tax administration's website or an adviser for your own situation.
Withdraw safely. Send a small test transaction first, check the network matches on both sides, and only then move the rest. Our exchange-switching checklist walks through each step. If you hold euros, withdraw to a bank account in your own name.
Beware look-alike emails. Closure notices are a gift to phishers. Don't click links in emails; open the official app or type Binance's web address yourself. No legitimate exchange will ask for your password, seed phrase or 2FA codes by email.
Check any new platform on the ESMA register. Before moving funds, confirm the legal entity is MiCA-authorised and that France is listed among its host states.
Alternatives authorised to serve France
This is a starting list, not an endorsement of any product, and fees change.
All three exchanges below run an EU entity authorised under MiCA, and the ESMA CASP register (updated 5 November 2026) lists France among each entity's host states, so each can serve France under the MiCA passport.
Name | EU entity and regulator | Spot fees (entry tier) | Best for |
|---|---|---|---|
OKX Europe Ltd, MFSA (Malta) | 0.20% / 0.35% | Low-fee spot | |
Payward Europe Solutions, CBI (Ireland) | 0.40% / 0.80% | EUR transfers | |
Bybit EU GmbH, FMA (Austria) | 0.25% flat | One simple rate |
EUR by SEPA:
OKX: no OKX fee on SEPA withdrawals (your bank may charge); check deposit costs on its SEPA deposit and withdrawal pages.
Kraken: €1 per SEPA withdrawal, €0.90 for Instant SEPA via ClearJunction; see its withdrawal and deposit fee pages.
Bybit: SEPA is "only supported for users in certain EU countries" and fees are shown in-app; see its deposit and withdrawal pages.
Fees are maker / taker for spot trading at the entry tier, checked 10 November 2026 on each exchange's official fee page: OKX (fee page), Kraken (fee page), Bybit (fee page). Kraken's rate is for Kraken Pro; its app's instant buy charges 1% plus a spread. CBI is the Central Bank of Ireland. OKX's entry-tier rate drops to 0.080% / 0.100% if you also open a derivatives (X-Perps) account. Bybit has had no maker/taker split since 5 October 2026. Higher tiers pay less, and spreads, network fees and bank charges can apply on top.
To check the entities yourself, open their entries in the Crypto University MiCA tracker: OKX (tracker entry) and Bybit (tracker entry). For Kraken, use the ESMA register directly: the retail entity is Payward Europe Solutions Ltd (LEI 254900641D8KNHUZYX24).
Our assessment: OKX
Who it suits: France-based readers who want a full order-book exchange, run from a Malta-authorised EU entity, with no OKX fee on SEPA withdrawals. Trade-off: the lowest entry-tier spot rates (0.080% / 0.100%) apply only if you also open a derivatives account. Without one, it's 0.200% / 0.350%. Opening a derivatives account just to reduce fees adds access to riskier products, so weigh that first. Test first: a small SEPA deposit, then a small withdrawal back to the same IBAN. Check OKX
Our assessment: Kraken
Who it suits: readers who value a long-running exchange, Irish authorisation and clearly published EUR withdrawal costs. Trade-off: Kraken Pro's entry-tier spot fees (0.40% / 0.80%) are the highest of the three, and the app's instant buy charges 1% plus a spread. SEPA withdrawals cost €1. Test first: check that your account shows Payward Europe Solutions Ltd as the provider, and use limit orders on Kraken Pro rather than instant buy. Check Kraken
Our assessment: Bybit
Who it suits: readers who want one flat 0.25% spot rate with no maker/taker maths. Trade-off: Bybit EU says SEPA works only in certain EU countries and shows fees only inside the app, so confirm availability in France before you move money. Important: the MiCA-authorised entity is Bybit EU GmbH. Make sure you sign up on the EU platform and that your account terms name Bybit EU GmbH, not the global platform. Check Bybit
Sponsored
Moving off Binance in France? OKX Europe Ltd is authorised under MiCA by Malta's MFSA and passported to France. See OKX Europe
What this does not mean
It isn't Binance closing everywhere in the EU. The closures concern the former local entities. Binance's spokesperson named no countries, and other EU users are served by its Abu Dhabi entity, an arrangement that European regulators are examining.
It isn't a freeze. Withdrawals of crypto and euros remain open, according to Binance.
It isn't permanent by law. Binance says it is still seeking MiCA authorisation. Until it appears on the ESMA register, it can't serve French clients under MiCA.
Related reading
Sources
CoinDesk · Cryptoast · Crypto Week · Cointelegraph · Bitcoin Magazine · AMF list of deregistered PSANs · ESMA CASP register · ESMA list of MiCA transition periods · Binance blog, 24 June 2026 · Bankier.pl
Last reviewed: 10 November 2026.
This article is for educational purposes only and is not financial advice. It is not investment, legal or tax advice, and nothing here is a recommendation to buy or sell any asset or use any platform. Check the details with primary sources and your own adviser. Crypto-assets carry risk, including the permanent loss of funds.
