- Binance’s crypto inheritance feature lets you pick heirs—because you can’t take Bitcoin to the grave (yet). 🪦
- CZ is calling on all crypto platforms to adopt wills—because apparently, dying is trending. 👻
- Supports Bitcoin, Ethereum, and Binance Coin—not your Monopoly money. 🤑
Binance, in a move not even Woland could have predicted, now offers a crypto inheritance service. Many have asked: “Who gets my digital coins when I tumble headlong into eternity?” Binance has answered, at last. Since June 12, 2025—mark it with a black ribbon—faithful users may now assign heirs to claim their precious cryptocurrencies upon their unfortunate transformation into, how shall we say, dust. This addition, announced by the ever-mysterious Changpeng Zhao on X (previously known as Twitter, but whatever), arrives like a will delivered by a talking cat: simultaneously innovative, unnerving, and oddly necessary.
How the Inheritance Feature Works
The system permits Binance users to identify emergency contacts—no, not your favorite barista, actual heirs—capable of invoking the claim. Verifying one’s demise (bring a death certificate, not a telegram from Yalta) allows these lucky inheritors to access the shimmering digital vault. The function works with only the choicest of cryptocurrencies (Bitcoin, Ethereum, Binance Coin)—sorry, Dogecoin hodlers, maybe next afterlife.
This new-fangled protocol sidesteps the haunted alleys of lost private keys. Binance’s enchanted blockchain ensures neither bureaucracy nor ghosts of lawyers can obstruct your chosen heirs. The crypt—er, crypto—can be passed on smoothly, with not a single bureaucrat’s coffin-clutching hand in sight.
Zhao, our prophet in black turtleneck, proclaimed on X that *every* platform must offer such legacy features unless they wish their users’ assets to wander the blockchain like homeless spirits. Succession planning: not just for your grandmother’s samovar anymore.
Industry-Wide Push for Adoption
Zhao, stirring his cauldron of regulation, insists all exchanges should adopt inheritance tools—because trust is a rare currency. He wants rules bent so even minors can inherit crypto accounts, but with trading powers so limited, one could barely buy a bus ticket in 1920s Moscow. Think trust funds, but with more ones and zeroes and less trust.
The backdrop? Roughly $1 billion in crypto sits abandoned each year, like so many forgotten rubles in the pockets of a magician’s cloak—due to the tragic comedic error called “no plan for succession.” Binance, by acting first, seeks to shame competitors into following suit. Nothing gets an industry moving quite like fear of missing the funeral procession.
The user feedback? Mostly bouquets and applause, with some advocating for heirs to claim not just coins but also tokenized reputations (because your memes should outlive you). Binance hasn’t addressed proposals concerning the inheritance of your status as Supreme DeFi Influencer, but is apparently keeping an open mind—and maybe a séance candle burning. The whole initiative? Merely another step in Binance’s ongoing quest to create a platform safe enough that even Bulgakov’s Ivan Bezdomny would leave his private keys behind.
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2025-06-19 21:05