• Binance has revealed that its EUR fiat payments partner, Paysafe, will stop offering SEPA deposits to Binance users on September 25th, 2023.
• Users will then have to use new banking details to make EUR deposits to their Binance Fiat wallet and might also be required to accept new terms and conditions.
• No other Fiat deposit or withdrawal services will be affected at this time.
Binance Reveals Changes for EUR Deposits
Binance has revealed that its EUR fiat payments partner, Paysafe, will stop offering SEPA deposits to Binance users on September 25th, 2023. After this date, users will have to provide new banking details for making EUR deposits into their Binance Fiat wallet and may also be asked to accept new terms and conditions.
No Impact on Other Services
The announcement states that there would be no impact on existing BInance users until 25th September 2023 and all other services available on the platform such as accounts or any other products or services won’t be affected by the change.
What about Withdrawals?
It is unclear if withdrawals using the same banking details provided by Paysafe would continue after September 25th 2023 but it is likely that they may stop as well.
Special Offers from PrimeXBT & Binance
The article also includes a special offer from PrimeXBT which offers its customers up to $7000 with the code CRYPTOPOTATO50 when registering through a link provided in the article. In addition, there’s a special offer from BInance which allows customers who register through a link in the article with free $100 and 10% off fees on their first month of trading in Futures (terms apply).
Conclusion
To conclude, BInance has informed its customers about changes regarding EUR deposits starting from September 25th 2023. These changes include providing new banking details for making EUR deposits into their BInance Fiat wallet and might also require accepting new terms and conditions. No other services on the platform are impacted at this time but it is likely that withdrawals using Paysafe’s banking details may end as well after this date. Additionally, both PrimeXBT & Binace offer special offers when registering through links provided in the article.