{"id":296114,"date":"2023-02-06T17:14:07","date_gmt":"2023-02-06T17:14:07","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=296114"},"modified":"2023-02-06T17:14:43","modified_gmt":"2023-02-06T17:14:43","slug":"binance-is-suspending-usd-transfers","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/binance-is-suspending-usd-transfers\/","title":{"rendered":"Binance is suspending USD-based bank transfers"},"content":{"rendered":"

Binance is temporarily suspending US Dollar-denominated bank transfers from Feb. 8, according to an emailed statement sent to CryptoSlate<\/em> on Feb. 6.<\/p>\n

The firm said it was notifying affected customers directly. A Binance spokesperson said:<\/p>\n

“It\u2019s worth noting that only 0.01% of our monthly active users leverage USD bank transfers, but that we are working hard to restart service as soon as possible.”<\/p><\/blockquote>\n

The exchange added that its users could use other methods of buying and selling crypto, including bank transfers in fiat currencies like Euros.<\/p>\n

Binance did not reveal how long the service's disruption would last.<\/p>\n

On Jan. 23, Binance said<\/a> its banking partner Signature bank would stop processing crypto transactions worth less than $100,000. At the time, the exchange added that the decision would affect the bank's crypto clients.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Binance is temporarily suspending US Dollar-denominated bank transfers from Feb. 8, according to an emailed statement sent to CryptoSlate on Feb. 6. The firm said it was notifying affected customers directly. A Binance spokesperson said: “It\u2019s worth noting that only 0.01% of our monthly active users leverage USD bank transfers, but that we are working […]<\/p>\n","protected":false},"author":720,"featured_media":296122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[78083],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nBinance is suspending USD-based bank transfers<\/title>\n<meta name=\"description\" content=\"Binance said its users' could use other methods of buying and selling crypto, including bank transfers in other fiat currencies like Euros.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/binance-is-suspending-usd-transfers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance is suspending USD-based bank transfers\" \/>\n<meta property=\"og:description\" content=\"Binance said its users' could use other methods of buying and selling crypto, including bank transfers in other fiat currencies like Euros.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/binance-is-suspending-usd-transfers\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-06T17:14:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-06T17:14:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/02\/binance-usd-transfer-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/binance-is-suspending-usd-transfers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/binance-is-suspending-usd-transfers\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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