Binance is suspending USD-based bank transfers

1 year ago

Binance is temporarily suspending US Dollar-denominated slope transfers from Feb. 8, according to an emailed connection sent to CryptoSlate connected Feb. 6.

The steadfast said it was notifying affected customers directly. A Binance spokesperson said:

“It’s worthy noting that lone 0.01% of our monthly progressive users leverage USD slope transfers, but that we are moving hard to restart work arsenic soon arsenic possible.”

The speech added that its users could usage different methods of buying and selling crypto, including slope transfers successful fiat currencies similar Euros.

Binance did not uncover however agelong the service’s disruption would last.

On Jan. 23, Binance said its banking spouse Signature slope would halt processing crypto transactions worthy little than $100,000. At the time, the speech added that the determination would impact the bank’s crypto clients.

 

The station Binance is suspending USD-based slope transfers appeared archetypal connected CryptoSlate.

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