Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8

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Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8
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Binance halts dollar transfers for international users.

The news came with no explanation, although the company, which is the world’s largest cryptocurrency exchange, added in the same tweet that:

“We are working hard to restart the service as soon as possible. […] All other methods of buying and selling crypto remain unaffected.”“It is worth noting that USD bank transfers are leveraged by only 0.01% of our monthly active users. However, we appreciate that this is still a bad user experience.”

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