To participate in the Algorand governance program, you need to deposit your Algo in one of the supported wallets.
Binance has conveniently disabled ALGO withdrawals a few days ago by putting it in “maintenance mode”. Up until today it said withdrawals would be re-enabled on 30 september. I just checked again and now it says 15 October.
Maybe they’re scared of a large Algo outflow? Smells of manipulation.
Anyway, don’t buy ALGO on Binance, you won’t be able to withdraw to the supported wallets for the governance program. Be warned!
EDIT: the sign up period for the first period of the governance program is 1-15 Oct so they are definitely trying to screw people over
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