Binance accepts SEPA deposits across Europe once again »Crypto Insiders

Binancethe biggest Cryptocurrency exchange In terms of trading volume, it finally makes it possible to make deposits and withdrawals in Euro.

Binance and Paysafe open doors once again for transactions with Dedicated area for payment in EUR only (SEPA) and Faster Payment Services (FPS). the huge Bitcoin (BTC) And the Ether (ETH) The exchange announces the news on March 7 through a press release and via Twitter:

#finance fully open euro And the pound Bank transfer via SEPA and faster payments. https://t.co/fmFpPgneHw

– Binance (binance) March 7, 2022

All of Europe? No, Holland not yet

These transfer jobs have been reactivated this morning across Europe. Almost for the whole of Europe at that time, because this does not yet apply to the Netherlands and Switzerland. Unfortunately, it is still unclear when the turn of these two countries will come. Nor is it clear why these two countries should wait longer in the first place.

Binance suddenly stopped accepting transactions with SEPA, a popular payment method for European Binance users, last summer. However, Binance never gave an official explanation as to why this decision was made and it caused a lot of annoyance among customers. At the time, the company was under heavy criticism from regulators from several countries and this may have contributed to this decision.

Binance previously worked with Clear Junction for SEPA payments, but has now switched to Paysafe, an online payment service. Binance was launched at the end of January about this beta program The company is now opening the doors to all of Europe. Then outside the Netherlands and Switzerland.

To celebrate the return of SEPA and FPS, Binance is offering (certified) customers the opportunity to deposit Euros and Pounds Sterling on Binance this month at no additional cost.

Binance announces Bfinity

In related news, Binance announces “Dual” at. Bifinity is a file Fiat to Crypto Payment processor for Binance and other blockchain platforms. The new payment processor is primarily intended for businesses and supports more than 50 cryptocurrencies and payment methods such as Visa and Mastercard.

Binance announced last month Binance Smart Chain has now been renamed to BNB Chain.