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Where to move your funds from Binance after the MiCA deadline?

Binance withdrew its EU license application in Greece and holds no MiCA (CASP) authorization anywhere in the EU/EEA. Here is where you can legally move your funds, and which licensed exchanges currently reward you for the transfer.

5 min read Published 1 July 2026
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Binance holds no CASP authorization anywhere in the EU/EEA, so the July 1, 2026 MiCA deadline hits its EU users directly. Below: what that means in practice, where you are free to move your funds, and which licensed exchanges currently pay a deposit bonus for switching.

TL;DR: Binance withdrew its MiCA license application in Greece on June 24, 2026, and holds no CASP authorization anywhere in the EU/EEA as of the July 1, 2026 deadline. You can legally move your funds to any CASP-licensed exchange of your choice. Since you are transferring funds anyway, it is worth checking whether the exchange you pick is currently running a deposit-linked bonus or promotion, several are.

Binance itself is not banned, and using an existing account is not illegal for you as an individual; MiCA places its obligations on the service provider, not on you. But the practical picture for an EU user is not reassuring:

  • Binance filed a MiCA application in Greece in January 2026 through a local subsidiary, Binary Greece.
  • It withdrew that application on June 24, 2026, citing “the current status and timeline of the Greek process,” after press reports that Greece’s Hellenic Capital Market Commission was set to reject it.
  • Binance’s Europe head said the firm is “not leaving Europe” and intends to apply in another EU member state “in the coming months,” but named no country and no date.
  • As things stand at the deadline, Binance holds no MiCA (CASP) license anywhere in the EU/EEA, and does not appear in the official ESMA register.

See the full breakdown, including EU/EEA-only alternatives, on our Binance MiCA license status page.

Because Binance is unauthorized, it also cannot legally advertise to or onboard new EU clients (the EU’s “reverse solicitation” rule), and it may restrict features or wind down EU-facing services with less structure than a licensed exchange would. Waiting for an update is not free of risk.

Where can you legally move your funds?

The direct answer: any exchange that holds a valid CASP license is a legal option. MiCA licensing works EU-wide, so a CASP-authorized exchange from any member state can serve you, regardless of where you live in the EU/EEA.

There is no single “correct” destination. What matters is that the entity holding your funds is authorized, which you can confirm directly against the official ESMA register.

Since you are moving anyway: current bonus offers tied to your transfer

Moving funds off Binance is a one-time task you have to do regardless of which licensed exchange you choose. A handful of CASP-licensed exchanges currently run promotions where the reward depends on how much you deposit, so the same transfer that gets you off an unlicensed platform can also unlock a bonus. A few examples running at the time of writing:

  • OKX Europe: a welcome package worth up to €400 in BTC, unlocked through deposit and trading-volume milestones, plus a 30-day VIP Level 1 pass. Promotion period: 29 June - 31 July 2026.
  • Bybit EU: tiered “Welcome Rewards” worth up to $5,100+, based on deposit and trading-volume tiers (from a $10 reward for a $200 deposit, up to $5,000 for a $50,000 deposit).
  • Kraken: a €1,000,000 prize draw where every euro you deposit earns one entry. Promotion period: 19 June - 31 July 2026, EEA residents only.
  • Gate.io: a deposit rewards campaign worth up to 10% cashback (paid as USDC vouchers), plus a separate trading-volume competition. Promotion period: 28 June - 28 July 2026.

These offers change frequently, carry their own eligibility rules (KYC, minimum deposits, lock-up periods, regional restrictions), and are set entirely by each exchange, not by CASP Tracker. Always read the exchange’s own terms and conditions page before you transfer funds, and treat any bonus as a secondary consideration to the license status itself.

See the full, up-to-date bonus comparison

How to move your funds safely

A short, practical checklist:

  1. Pick a licensed exchange and complete its KYC first. Do this before you move any funds, not after, so you are not caught mid-transfer if verification takes a few days.
  2. Send a small test amount first, especially for a new network or asset you have not withdrawn before.
  3. Double-check the network and deposit address. Sending an asset on the wrong network is one of the most common ways crypto is lost permanently.
  4. Watch withdrawal and network fees, and consider consolidating smaller balances rather than making many small transfers.
  5. Keep records of transaction IDs, amounts, and dates on both sides of the transfer.
  6. Read the bonus terms before you deposit, if you are aiming to qualify for a promotion: minimum amounts, deadlines, and lock-up periods are set by the exchange, not by us.

How to check if an exchange is licensed

Sources & how to verify

This guide is general information, not financial advice, and is not a recommendation to claim any specific bonus. Promotional terms are set by each exchange and can change; always verify current conditions on the exchange’s own terms page, and confirm license status on the official ESMA register.

Frequently asked questions

Is it illegal for me to keep using Binance after July 1, 2026?

MiCA regulates the exchange, not the individual user. Holding an existing Binance account is not a crime for you. But Binance cannot legally market to EU clients or onboard new ones without a CASP license (the EU's reverse-solicitation rule), and as an unlicensed provider it may restrict features, pause onboarding, or wind down EU services with less notice than a licensed platform would.

Does Binance have a MiCA license anywhere in the EU?

No. Binance withdrew its MiCA application in Greece on June 24, 2026, after reports that the Hellenic Capital Market Commission was set to reject it. Binance says it plans to apply in another EU country but has not named one or given a timeline. As of the July 1, 2026 deadline, it holds no CASP authorization anywhere in the EU/EEA.

Can I get a bonus for moving funds from Binance to a licensed exchange?

Yes, several CASP-licensed exchanges currently run promotions that reward you based on the amount you deposit, which is exactly what happens when you move funds off Binance. Offers and terms change often and are set by each exchange, not by CASP Tracker, so always confirm the current conditions on the exchange's own terms page before you transfer.

What is the safest way to transfer funds out of Binance?

Complete identity verification on the new, licensed exchange first, send a small test amount before moving your full balance, double-check the network and deposit address for the specific asset, and keep a record of transaction IDs and amounts in case you need to reconcile anything later.

Will Binance eventually get a MiCA license?

Possibly. Binance has said it intends to keep operating in the EU and will seek authorization in another member state, but as of this deadline no application is pending anywhere with a public, confirmed outcome. Check the official ESMA register or the CASP Tracker directory for updates.

Check your exchange

See whether your crypto provider holds a MiCA (CASP) license in the official register.

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