Binance Unveils $400 Million Initiative to Revitalize Crypto Engagement
Binance introduces a new recovery strategy to boost interest in the cryptocurrency sector, adding to previous distributions.
Binance has launched the “Together Initiative,” an ambitious plan to enhance engagement in the crypto industry. This announcement, made on October 14, 2025, succeeds an earlier $283 million distributed to users impacted by liquidation events.
Key Details:
The initiative comprises two distinct funds. The first fund consists of $300 million in USDC aimed at compensating users who fulfil specific criteria:
- Users must have faced forced liquidation losses in Futures and Margin trading from October 10 to October 11, 2025 (UTC).
- A minimum $50 liquidation loss is required.
- The total losses must account for at least 30% of the user’s assets based on an asset snapshot taken on October 9, 2025, 23:59 (UTC).
- Those who have already received compensation are not eligible for this initiative.
According to the official statement, the allocation of USDC will depend on individual assessments of liquidation losses, loss ratios, and other factors. The distribution process is expected to commence within 24 hours of this announcement and should conclude within 96 hours.
In addition, Binance has set up a $100 million low-interest loan fund for institutions to help them restart their trading activities.
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