US suspended USD withdrawal from binance.

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Topic: US suspended USD withdrawal from binance. (Read 72 times)

Su-asa (OP)

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Sibi Dabo,,,,,,, Teme Ini Na Sime

US suspended USD withdrawal from binance.

October 19, 2023, 07:31:31 AM

Merited by Salahmu (2), hugeblack (1), rachael9385 (1)

Just of recent, I came across a tweet on Twitter that says binance has suspended all USD withdrawal
, I come here to tell those of use way dey binance dey receive funds or those people way save their funds as USD, but I get one idea sha, I go like talk say as US done suspend USD withdrawal from binance, I go like suggest say if any of us want withdraw our funds way dey as USD make we fist of all convert am to other coins way dey stable (for safety measures) then withdrawal am, this na one of the reasons way make the founders of Bitcoin do am do that no body go fit control Bitcoin, because if to say most of this governments go fit control Bitcoin from their country, we go experience worsts than this way we dey see now.

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Charles-Tim

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Re: US suspended USD withdrawal from binance.

October 19, 2023, 08:05:33 AM

Binance.us is different from Binance.com. Nigerians are using Binance.com

Quote from: https://watcher.guru/news/binance-us-suspends-all-usd-withdrawals

Amid ongoing regulatory scrutiny, Binance.US has officially suspended all US dollar (USD) withdrawals. Indeed, the platform no longer allows direct dollar withdrawals due to an alteration in their terms of service that officially went into effect this week.

Also this is not from Twitter (now known as X). I mean the above source link.

Nigerians in this regard will most likely deal with naira.

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Igebotz

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Re: US suspended USD withdrawal from binance.

October 19, 2023, 03:03:05 PM

Quote from: Charles-Tim on October 19, 2023, 08:05:33 AM

Binance.us is different from Binance.com. Nigerians are using Binance.com

Quote from: https://watcher.guru/news/binance-us-suspends-all-usd-withdrawals

Also this is not from Twitter (now known as X). I mean the above source link.

Nigerians in this regard will most likely deal with naira.

It was only a simple change in their terms and conditions that required every USD to be converted to a stablecoin before withdrawal. When the CBN prohibited backs from crypto-related transactions, we experienced similar occurrences with direct Naira withdrawals to banks from exchanges.

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Justbillywitt

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Re: US suspended USD withdrawal from binance.

October 19, 2023, 03:12:20 PM

This won't have any effect on Nigerians as we are not US citizens.

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Bitcoin Forum > Local > Nigeria (Naija) > US suspended USD withdrawal from binance.

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