Back to News

Crypto Exchange Binance Onboards New Euro Fiat Partners For Deposits And Withdrawals

Twitter icon  •  Published il y a 6 mois  •  Hassan Maishera

The world’s leading cryptocurrency exchange Binance has announced that it has onboarded new Euro fiat partners to enable deposits and withdrawals.

TL;DR

  • Binance has announced new Euro fiat partners.

  • This would allow the crypto exchange to provide EUR services for its users in Europe.

Binance Adds New Euro Fiat Partners

Binance, the world’s leading cryptocurrency exchange by daily trading volume, informed its users on Thursday that it has onboarded new fiat service providers for euro (EUR) payments, deposits and withdrawals.

The cryptocurrency exchange said it had signed agreements with several new regulated and authorized fiat partners to provide EUR services for its users in Europe. 

Binance added that services include EUR deposits and withdrawals via the Single Euro Payments Area (SEPA) payment network, EUR spot trading pairs and buying and selling digital assets via SEPA, bank cards or fiat balances.

This latest development comes weeks after Paysafe, the exchange's former euro service provider, halted servicing Binance users. Binance users in Europe have been complaining about being unable to withdraw euros from the exchange prior to Paysafe’s exit. Binance did not name the new service providers it recently onboarded.

 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.