- Binance denies launching the C2C “Select” Zone.
- Richard Teng is leading ongoing C2C developments.
- No official statements confirm rumored features.
No official evidence confirms a Binance C2C ‘Select’ Zone launch or 50% compensation guarantee. Reports primarily discuss the P2P Cash Zone’s discontinuation and a ‘self-selected zone’ option for C2C trades, per Binance communications.
Despite burgeoning speculation, Binance’s purported launch of a C2C “Select” Zone featuring online testing and a 50% compensation guarantee remains unsubstantiated as of July 29, 2025.
Current Status of the Rumored Binance C2C “Select” Zone
Rumors about Binance’s C2C “Select” Zone suggest a new feature; however, official evidence from Binance leadership, including CEO Richard Teng, dispels such claims. Binance has not announced any product matching these criteria.
Richard Teng continues to direct Binance’s C2C platform developments, focusing on phasing out the P2P Cash Zone.
Richard Teng, CEO, Binance, stated, “Binance has made the decision to wind down the P2P Cash Zone. This decision reflects our commitment to focusing on our core services and continuing to develop solutions that best serve our global user base.” – Binance Square, 2025-03-03
No official communication details the introduction of a new C2C “Select” Zone, nor a related compensation guarantee.
Looking to the Future
The absence of confirmation has left interested parties looking to official channels for updates. No notable financial shifts are observed on Binance’s recent C2C trading platforms, thus maintaining industry stability.
Potential technological impacts of such speculated features could redefine customer-to-customer trading classes. However, until verified evidence surfaces, community and market participants should remain cautious about unconfirmed reports.
The market continues to await legitimate information concerning innovations on Binance platforms. No government or institutional announcements corroborate the existence of the rumored platform enhancements.
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