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Binance confirms suspension of Visa and Mastercard withdrawals for Ukrainian users
Summary: According to reports, Binance has temporarily suspended Ukrainian users from withdrawing funds via Visa and Mastercard through fiat payment service provider Bifinity UAB, citing regulatory policy changes. A Binance spokesperson confirmed the news and added that the announcement regarding payment method changes only applies to Ukrainian users who have previously used Bifinity services. This change ...
According to reports, Binance has temporarily suspended Ukrainian users from withdrawing funds via Visa and Mastercard through fiat payment service provider Bifinity UAB, citing regulatory policy changes. A Binance spokesperson confirmed the news and added that the announcement regarding payment method changes only applies to Ukrainian users who have previously used Bifinity services. This change will affect some fiat deposit and withdrawal methods for Ukrainian users, but functionalities for depositing, withdrawing, and trading cryptocurrencies will remain unaffected. Users can still use Visa and Mastercard for deposits and purchasing cryptocurrencies, while Apple Pay and Google Pay can still be used for account top-ups, and Swift transfers continue to support deposits and withdrawals.
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