![]() Related: Binance limits withdrawals in Europe, cites payment processor issues ![]() In late September, Binance urged European users to convert their euros into Tether ( USDT) before the end of October, though the latest announcement could suggest this is no longer necessary. Users can also buy and sell crypto using the Single Euro Payments Area (SEPA), bank cards and fiat balances, and trade euro spot pairs. The announcement noted that fiat services offered by the new partners include euro deposits and withdrawals via Open Banking and SEPA/SEPA Instant. More EUR fiat channels have arrived on #Binance We’re proud to announce that we’ve entered into agreements with multiple new EUR partners to provide deposit, withdrawal, and payment services, making your experience even more seamless. The move follows regulatory and debanking woes in the European Union, where the firm was forced to look for new banking partners after losing support from PaySafe in September.īinance said users have already started migrating to the new services provided by “a number of new regulated and authorized fiat partners.” It did not specify which firms it had partnered with, however. ![]() ![]() 19 statement, Binance announced it had signed agreements with new fiat partners for euro payments, deposits and withdrawals. Euro payments, deposits and withdrawals are back on for European Binance users one month after the termination of services by PaySafe.Ĭrypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, one month after losing its previous fiat partner, PaySafe, in September. ![]()
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