Binance Halts Euro Trading as Banking Partner Halts Services

Binance Halts Euro Trading as Banking Partner Halts Services

The world’s largest cryptocurrency exchange by volume has advised its Paysafe users to convert their EUR balances into USDT by the end of October as the latter had withdrawn its services from the platform.
In an announcement just this morning, September 28, 2023, Binance informed its users of Paysafe’s unilateral decision to stop processing EUR deposits. Deposits, buying and selling crypto with EUR, and spot trading were some of the operations that have been temporarily interrupted. Binance also urged its users to convert their EUR balances into USDT before October 31. Users however could still withdraw EUR balances in their Binance accounts.
Binance also said that they are currently looking for a replacement partner to Paysafe but as of the moment, no definitive replacement has yet been announced. There have been no updates or further information available from Paysafe, as well. Earlier this year in March, Binance had also temporarily halted withdrawals and deposits in the UK, citing

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We współpracy z: https://cryptodaily.co.uk/2023/09/binance-halts-euro-trading-as-banking-partner-halts-services

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