He Yi: Next, we will add triple confirmation to Binance Pay transfers

Binance co-founder He Yi posted: "Regarding the issue encountered by the user who mistakenly transferred funds using 2 separate Apps, legally we truly have no way to directly transfer funds from someone else's account; personally, I will cover the loss of this user's mistaken transfer. We will care about our users just as you care about Binance.

Due to historical compliance reasons, Binance has three local sites that are completely independently developed. Their product architecture and business model differ from the Binance main site, and they mainly focus on local fiat currency trading. However, to avoid similar situations from happening again, next we will add triple confirmation to Binance Pay transfers. Every public discussion is a step toward our success. Everyone is welcome to offer effective product suggestions in the comments. I will have the product team select the best 10 product suggestions from the comments, with a reward of 1 BNB per person, for a period of one week."