Warning: DO NOT send USDC to Binance

• Binance hasn't yet started supporting USDC natively on Polygon, and is locking users' funds when deposits are made.
• To redeem the funds, Binance is requesting a $200 fee paid in BUSD, else users just lose their funds.
• Binance's website keeps showing USDC support.

You can find more details about the case in this Twitter thread - https://twitter.com/FranciscoMemor/status/1713584214824599907 - it details Binance isn't supporting USDC native on Polygon, but instead supports USDC.e.

Instead of showing users this, their deposit page shows USDC and allows for deposits on the Polygon network, without warning users they're about to lose their funds if they deposit them.

To recover the funds, Binance then asks for a 200 BUSD fee paid upfront from users. It does not clarify whether it will support native USDC. There are reported cases of users warning others they've lost funds.