Cryptheory: Crypto and Internet

cryptocurrency, internet and AI meaning, guides, learning

Binance fully renews bank transfers in euros and pounds

1 min read

The largest and at the same time the most famous crypto exchange Binance officially announced that fully resume bank transfers in euros and pounds. Therefore, if you are one of the clients who use this payment method, you will be able to use it to the full again.

Binance renews bank transfers in euros and pounds

Binance Crypto Exchange has said that bank transfers for clients in Europe will be fully resumed. It has been eight months since the stock exchange suspended this service due to regulatory control.

According to the latest stock exchange announcement, European clients (except the Netherlands and Switzerland) full access to deposits and withdrawals in euros and pounds. And all through an international payment service SEPA a FPS.

SEPA and FPS allow European clients to make transfers in euros and pounds through their personal bank accounts. Deposits and withdrawals will also be made through Paysafe, which has entered into cooperation with the exchange. Bank transfers will need to be in a minimum amount of € 3 or £ 3 to cover transaction fees.

Another novelty of the exchange is the expansion of bank transfers for company accounts. Binance thus fully restores access to fiat payments in Europe.

Crypto exchanges with the lowest fees

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply

Your email address will not be published. Required fields are marked *