The Strategist

Binance to stop transactions in dollars from February 8

02/07/2023 - 09:02

The biggest cryptocurrency exchange, Binance, announced that it would temporarily halt buying and selling of cryptocurrencies for dollars from February 8.
Binance announced on its official Twitter account that it was temporarily suspending all bank transfers in USD since February 8.

It is stated that just a small portion of customers will be impacted by the action, and that the exchange is attempting to restore access to the service "as quickly as possible."

"All other bitcoin exchange platforms will not be impacted," Binance added.

The largest digital asset trading exchange by volume is one of the financial products offered by Binance, the world's top provider of blockchain technology and cryptocurrencies.