Kuon UGC Campaign is now live.
ใใ Eternal Key ใๆใซๅ ฅใใพใใใ๏ผ๐๏ธ
3 Eternal Keys up for grab beyond the gate โฉ๏ธ
I'm proud to be hosting this campaign.
How to participate:
- X posts only
- Minimum 300 followers required
- Up to 2 entries per person
- Tag @KUONnft and @RAZA_npc in your post
Submit here: https://t.co/Xo5ql5k32X
Password: KUONUGC
Deadline: Thursday, July 2
Go to website and click Events, click UGC Campaign, then submit your entry with password ๐
Note: on mobile, rotate your screen for the best submission experience.
Rules:
Once submitted, entries cannot be edited, deleted, or replaced. Winners get picked by the @KUONnft team based on creativity, originality, brand vibe, and engagement potential.
๐ฎ๐ณ BINANCE INDIA's NEW CRYPTO TRANSFER RULES (June 2026)
Starting 22 June 2026, Binance has made crypto transfers for Indian users much more like bank transfers.
Whenever you deposit from or withdraw to an external wallet/exchange, you'll need to provide detailed information about the sender or receiver.
This does NOT affect spot trading, futures trading, or holding assets on Binance.
What Changed?
For Withdrawals (Binance โ Wallet/Exchange)
You must provide:
โ Beneficiary Name
โ Country of Residence
โ City/Town/Village
โ Receiving Exchange Name (if applicable)
โ Whether it's your own wallet or someone else's wallet
For Deposits (Wallet/Exchange โ Binance)
You must provide:
โ Sender Name
โ PAN or National ID
โ Country of Residence
โ Full Address + PIN Code
โ Originating Wallet/Exchange Details
Important โก๏ธ No Minimum Threshold
Unlike many countries that only apply Travel Rule checks above ~$1,000,
๐ฎ๐ณ India applies these checks to ALL transfers regardless of size.
Even a $10 transfer can require disclosures.
Why Is Binance Doing This?
Binance is complying with:
FATF Travel Rule
FIU-IND Guidelines
PMLA (Anti-Money Laundering Law)
Indian Crypto Compliance Requirements
India now treats crypto exchanges similarly to banks for AML monitoring.
๐คWhat This Means for Retail Traders
1๏ธโฃ Privacy Is Basically Gone on CEX Transfers
Every Binance โ Wallet transfer now creates a clear link between:
Your identity
Your PAN
Your exchange account
Your wallet addresses
Your counterparties
Crypto transfers through regulated exchanges are becoming fully traceable.
2๏ธโฃ Tax Authorities Will Have Better Visibility
Since transfers are linked to:
PAN
KYC
Exchange Records
Travel Rule Data
It becomes much easier for authorities to detect:
โ Unreported profits
โ Tax evasion
โ Undisclosed wallet activity
3๏ธโฃ P2P & Grey-Market Routes Are Becoming Riskier
The Indian government is aggressively targeting:
Unofficial remittance services
Crypto-based international money transfers
Offshore P2P networks
Recent ED investigations involved alleged violations exceeding โน2,500 Cr.
Using USDT as a replacement for international banking is increasingly risky.
๐ซกWhat Retail Traders Should Do Now
โ Use FIU-Registered Exchanges
Examples: Binance India, CoinDCX, CoinSwitch,
Coinbase India
Stay on compliant platforms.
โ Keep Clean Records
Maintain:
Transaction history
Deposit/withdrawal records
Wallet ownership records
Tax calculations
You'll likely need them later.
โ Report Crypto Taxes Properly
Remember:
30% tax on gains
No loss offset
1% TDS on many transactions
Tax scrutiny is only increasing.
โ Expect Transfer Delays
If information is:
Missing
Incorrect
Inconsistent
Transfers can be:
Delayed
Rejected
Returned
โ Keep Long-Term Holdings in Self-Custody
Good practice:
๐น Trading capital โ Exchange
๐น Long-term holdings โ Hardware wallet/self-custody wallet
This reduces exchange risk, although transfers to/from exchanges will still require Travel Rule disclosures.
๐ข For Long-Term Investors
Very little changes.
Buy โ Hold โ Sell on regulated exchanges.
Just maintain tax records.
๐ก For Active Traders
Main pain points:
More transfer friction
More reporting
More tax visibility
Reduced privacy
Frequent movement between wallets and exchanges becomes less convenient.
๐ด For People Using Crypto for International Transfers
This group is most affected.
If you're using:
USDT remittances
Informal crypto transfers abroad
P2P international settlement
You are now directly in regulators' focus area.
So The biggest takeaway is:
India is transforming crypto transfers into a bank-like system.
The era of using major exchanges as semi-anonymous bridges between wallets, exchanges, and international transfers is rapidly ending.
For most retail users, the safest strategy is:
โ Use FIU-compliant exchanges
โ Keep proper tax records
โ Avoid unofficial cross-border transfers
โ Expect full identity disclosure for on-chain CEX transfers
Trading on Binance itself remains unchanged. The new rules only affect deposits and withdrawals involving external wallets or other exchanges.
Exclusively on Binance Wallet: the Catapult Trade campaign is now live
๐ Join to earn your share of a 1,666,667 PULT token reward pool
๐ Campaign Period: June 24th 15:00 UTC โ July 1st 23:59 UTC
Details in comment!
1,666,667 $PULT up for grabs
Catapult Trade x @BinanceWallet are running a 7-day social airdrop campaign open to Binance Wallet users. 10,000 participants will be selected to share the full reward pool, with each winner receiving an equal cut.
To qualify, you need to complete social campaign tasks.
Selection is based on Binance Chain Hash Value, so the process is transparent and on-chain.
$PULT tokens will be distributed to winners by Binance shortly after token launch.
Campaign window: June 24th 2026 - July 1st 2026
Full details on participation: https://t.co/m92wgWg4lm
Whole community waiting for @boisxyz Collab
Bois not just another art collection, its building a powerful narrative . This gonna be a Must have NFT
I Dmed Official X account 12th June and Dmed @figurexyz 13th june for Collab
I also Posted about @boisxyz multiple times on our community . Hope we will get Collab. Let's Boisify the world
Everyone, Support us and raise your voice in the comments with your Bois PFP ๐