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Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary
Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent.
In an official announcement, Binance.US noted that its systems are fully operational and that users with failed requests can begin to resubmit. The exchange then assured that all requests would be successful within the usual maximum time frame of five business days. Nonetheless, Binance.US advises users to quickly switch to stablecoins:
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future. While we continue to pursue new partners to re-establish U
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