Binance Updates Security Deposits and Badge Requirements for P2P Merchants

According to the announcement from Binance, significant updates have been made to the security deposits and operational requirements for merchants holding advanced badges in the Binance P2P ecosystem. These changes aim to enhance security, liquidity, and operational quality. **Security Deposit Clarifications** The security deposits for BLOCK and SHIELD badges are additional to the basic deposit required for the Verified Merchant badge. These deposits accumulate based on the active badges held by each merchant. For instance, in Venezuela, a Verified Merchant with a BLOCK badge will need a total deposit of 5,800 USDT, while those with BLOCK and PRO badges will require 6,800 USDT. The deposits must remain available in the Funding account associated with the corresponding KYC/KYB. **BLOCK Badge Deposit Update** For Venezuelan merchants, the additional security deposit for the BLOCK badge will increase from 2,500 USDT to 5,000 USDT, making the total deposit 5,800 USDT. In other LATAM countries, the BLOCK badge deposit remains at 2,500 USDT, added to the basic deposit applicable by country. **Zone Limit Adjustments** Effective 2026-06-01, the Block Zone limits will be recalibrated by market to reflect local operational realities. The Normal Zone upper limit will align with the Block Zone lower limit, eliminating any gap between zones. Ads not meeting the new minimum amounts may be closed automatically. **SHIELD Badge Deposit Update** The SHIELD badge now requires an additional security deposit of 10,000 USDT. This is in addition to the basic Verified Merchant deposit and any other deposits associated with active badges. **Mandatory Requirements and Compliance** To retain badges, Venezuelan BLOCK merchants and SHIELD badge holders must meet increased security deposit requirements and operational criteria, including transaction and volume thresholds. The compliance deadline is 2026-06-15. Failure to meet these requirements may result in badge loss. **Wash Trading Notice** Transactions in the Block Zone must not involve wash trading, where funds return to the original account. Such actions may lead to penalties, including badge loss and P2P functionality restrictions. Merchants are urged to conduct transactions with legitimate counterparties, adhering to professional standards.