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Cancellation service #1 in New Zealand
Binance is a global cryptocurrency exchange offering spot trading, derivatives, staking, and related crypto services via web and mobile apps.
It operates internationally from offshore jurisdictions and is not registered as a New Zealand financial services provider.
Services include account access, deposits, trading pairs, earning products, and subscription-style features delivered through web, iOS App Store, and Google Play.
Support is provided through in-app live chat, help centre articles, and public channels such as social media and community forums.
Cancelling an in-app subscription stops future billing but typically does not delete your Binance account.
You retain access to free services and any crypto funds unless Binance separately freezes or closes your account.
Cancellation prevents future automatic renewals for the subscription you cancelled through that platform.
Past charges are generally non-refundable unless platform rules or Binance policy allow a refund.
Cancelling a paid subscription does not remove your personal data from Binance; account deletion is a separate process.
To remove data or close an account, use Binance account settings or request account closure via support.
There is no explicit New Zealand statutory 14‑day cooling‑off right for crypto purchases on Binance.
Binance is an offshore crypto platform and refunds are governed by Binance's internal policies and the payment platform used.
Prices and fee structures vary by product, jurisdiction and payment method.
Where specific NZ pricing is not published, entries use "Varies".
| Product / Plan | Typical Price / Fee | Notes |
|---|---|---|
| Basic account (trading fees) | Varies | Trading fees depend on volume and VIP tier. |
| Pro / VIP tiers | Varies | Fee discounts for higher trading volumes; tiered structure. |
| Binance Earn / staking products | Varies | Yields and terms depend on product selected. |
| In‑app subscriptions (iOS / Android) | Varies | Billed through Apple or Google if purchased in‑app. |
Binance operates offshore and is not licensed or registered with New Zealand's Financial Markets Authority (FMA) or FSPR for local financial services.
Because it lacks NZ licensing, Binance is not covered by NZ financial service protections that apply to regulated providers.
Standard consumer protections for regulated financial products (including a statutory cooling‑off) do not automatically apply to offshore crypto services.
Your remedies depend on Binance's internal policies and any platform (Apple/Google) used for billing.
Users sometimes cancel the App Store or Google Play subscription but forget to close or withdraw funds from their Binance account.
Remember subscription cancellation stops billing only; crypto assets remain in your exchange account until withdrawn.
Sending crypto on the wrong network or to an unsupported chain is a frequent error that Binance or other exchanges may not refund.
Recovery attempts can be slow, require extensive documentation, and sometimes fail despite evidence of a returned transfer.
| Action | App Store (iOS) | Google Play (Android) | Web (Binance account) |
|---|---|---|---|
| How to cancel | iOS Settings → Apple ID → Subscriptions | Google Play → Profile → Payments & subscriptions → Subscriptions | Binance website → Profile → Settings → Manage Subscription |
| Who handles billing | Apple | Binance / payment provider | |
| Refund likelihood | Depends on Apple policy | Depends on Google policy | Generally low for crypto transfer errors |
Cancel platform subscriptions where they were purchased, export records, and withdraw any crypto before closing an account.
If you need a refund, start with the platform that handled the payment (Apple/Google) and prepare documentation for any Binance dispute.
No public postal or physical address for cancelling Binance accounts in New Zealand is available.
Binance does not publish a New Zealand postal address for account cancellation or complaints.
Use Binance web support and in‑app live chat to request cancellations, account closure or dispute resolution.
If your subscription was billed via Apple or Google, contact their support channels for billing and refund requests.
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Written by Lily Roberts
eIDAS legal expert · 8 years experience
Lawyer specialized in digital trust services and the eIDAS regulation, I have been helping individuals and businesses send legally binding certified mail for 8 years.