“It’s worth noting that only 0.01% of our monthly active users leverage USD bank transfers, but that we are working hard to restart service as soon as possible,” the spokesperson said in an emailed statement. Other methods of buying and selling crypto on Binance, such as via credit card, Google Pay and Apple Pay, “remain unaffected.”
Binance, the world’s largest cryptocurrency exchange, said it’s temporarily suspending deposits and withdrawals of US dollars using bank accounts, and will work to restart the service soon.
The suspension will start Wednesday, according to a Binance spokesperson. No specific reason was given for the suspension. Bank transfers using other fiat currencies, such as euros, are unaffected, the representative said.
