I've been hearing rumors that Binance has stopped withdrawals in the UK. Is this true? If so, what's the reason behind this decision? I've been using Binance for quite some time now and I'm quite reliant on it for my crypto transactions. This news has left me quite concerned. Will there be any alternative withdrawal methods available for UK users? And how will this affect Binance's operations in other countries? I hope you can provide some clarity on this matter.
7 answers
Riccardo
Sun Mar 31 2024
Customers in the UK who use bank transfers and card payments for their transactions on Binance will be affected by this suspension.
DigitalCoinDreamer
Sun Mar 31 2024
Binance, one of the largest cryptocurrency exchanges globally, has been providing trading services to customers across the world.
EthereumEagle
Sun Mar 31 2024
The exchange has been a popular choice for crypto traders due to its user-friendly interface, low transaction fees, and a wide range of supported cryptocurrencies.
SarahWilliams
Sun Mar 31 2024
The cryptocurrency exchange, Binance, has recently announced the suspension of deposit and withdrawal services for UK customers.
Andrea
Sun Mar 31 2024
This decision follows the cessation of support for transactions in British pounds by the local banking partner of Binance.