Big Changes on Binance Too /Selected Payment Methods/
The end of the calendar year is triggering waves of changes on the crypto exchanges, and the crypto world in general.
I suppose Binance have signed a better deal with a provider and is cutting some not-enough-profitable branches from the bush.
So here is a summary of the changes, or reductions, I may say.
The announcement did not say it with straight words, but my educated guess would be some of the changes are triggered by the MiCA requirements, so those would affect mainly customers and businesses in EU/EEA.
A bit of a short notice, right, once again, to no surprise.
Effective 29 December, the following payment methods will however be temporarily suspended until further notice:
- Card (VISA/MasterCard) for Deposit and Withdraw
- Apple Pay and Google Pay for Deposit and Withdraw
- Zen.com for Deposit and Withdraw
- Pay by Bank App/ Instant Bank Payment for Deposit and Withdraw
- Paypal and Revolut Pay for Buy or Sell Crypto
- Recurring Buy and Limit Buy - any scheduled Recurring Buy and Limit Buy orders will not be executed after 2025-12-29.
You can continue to use the following payment methods for your fiat deposit, withdraw, buy and sell crypto:
- Bank Transfer (SEPA Instant) for Deposit, Withdraw, Buy and Sell
- Card (VISA/MasterCard) for Buy and Sell Crypto
- Apple Pay and Google Pay for Buy and Sell Crypto
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By Dwayne Johnson
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By Dale Carnegie
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