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[He Yi: Binance to Personally Subsidize User Transfer Losses and Add Three Confirmations to Binance Pay Transfers] Binance co-founder He Yi stated that she will personally subsidize a user's loss due to mistakenly transferring cryptocurrency using two separate apps, and plans to add a three-confirmation mechanism to Binance Pay transfers. He Yi explained that Binance cannot directly transfer funds from other people's accounts. Due to historical compliance reasons, Binance has three independently developed local sites with different product architectures and business models than the main Binance site, primarily focusing on local fiat currency trading.

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