He Yi: Binance community reward campaigns must wait for regu
On November 1, Binance co-founder He Yi said on X that Binance's community rewards campaign requires regulatory approval and will only officially launch after the regulator is back at work tomorrow, completes the review, and grants approval; currently Binance has no cash voucher campaign, and she reminded users to be wary of phishing and scam links. Previously, an X user said they had received $150 in withdrawal suspension compensation in the Binance Rewards Center.
Event timeline
- [11-01 12:10] He Yi: Binance's community rewards campaign is still awaiting regulatory approval, and there is currently no cash voucher campaign (Odaily Planet Daily)
- [11-01 12:11] He Yi: Binance's community rewards campaign needs regulatory approval before launch, and there is currently no cash voucher campaign (PANews)
Background and impact
On November 1, Binance co-founder He Yi posted on X to explain the conditions for launching the community rewards campaign. According to reports by Odaily Planet Daily and PANews the same day, He Yi said the Binance community rewards campaign requires regulatory approval, and the campaign will only officially launch after the regulator is back at work tomorrow, completes the review, and grants approval. Both sources described the precondition for launch consistently, listing regulatory approval as a prerequisite for the campaign to begin; the reports did not mention reward size, eligibility, or distribution details.
This statement came against the backdrop of related rumors already circulating in the community. PANews reported that an X user had previously posted that they received $150 in withdrawal suspension compensation in the Binance Rewards Center, and said rewards were gradually being distributed to active users. In response to such claims, He Yi explicitly stated that Binance currently has no cash voucher campaign and reminded users to be wary of various phishing and scam links, stressing that security always comes first. As of publication by both sources, neither disclosed the name of the regulator responsible for the review, nor whether the review had produced a result; whether the campaign can launch on schedule still depends on the approval progress.
In terms of scope of impact, before regulatory approval is completed, any claim of cash vouchers, compensation, or community rewards issued in Binance's name lacks an official basis. He Yi's reminder points to a common risk window: the gap between campaign previews and official launch is often when counterfeit links and fake airdrop pages appear in clusters. For ordinary users, verifying whether an entry point comes from official channels is the lowest-cost form of protection, for example, confirming the source for obtaining the official app through the Binance registration app download page, rather than clicking short links circulating on social platforms. Similar risks are not unique to Binance; users accustomed to entry points such as Huobi HTX registration app download, Sesame Gate.io registration app download, Bitget registration app download, and Ouyi OKX registration app download also need to check domain names and app information, and avoid submitting accounts, verification codes, or mnemonic phrases on non-official pages.
The next observable milestone centers on the regulatory review stage: whether the regulator can complete the review and grant approval after being back at work tomorrow will directly determine whether the campaign launches; if approved, the reward format, recipients, and claim path will still need to be based on Binance's official announcement. In the information currently disclosed by the two sources, the only certain facts are that the campaign has not yet launched and that no cash voucher campaign exists; all other details remain pending.
Frequently asked questions
### Does Binance currently have a cash voucher campaign?
No. He Yi explicitly stated that Binance currently has no cash voucher campaign and reminded users to be wary of various phishing and scam links. Any link claiming that cash vouchers, compensation, or rewards can be claimed should not be trusted before official announcement confirmation.
### When will Binance's community rewards campaign launch?
According to He Yi, the campaign requires regulatory approval and will only officially launch after the regulator is back at work tomorrow, completes the review, and grants approval. The specific launch time, reward format, and participation method need to be based on Binance's official announcement; there is currently no further timetable.
### How can ordinary users avoid clicking on fake campaign links?
Prioritize verifying information and download entry points from official channels, for example, confirming the app source through the Binance registration app download page; do not click short links circulating on social platforms, and do not enter accounts, verification codes, or mnemonic phrases on non-official pages.