Only a very small percentage of binance's customers are affected by the suspension
Users can still use other methods of buying and selling crypto on Binance such as credit cards without any issues.Binance US, an American subsidiary of the cryptocurrency juggernaut, has not been affected by the sudden suspension.Last month, Binance about U.S.-based Signature, a crypto-focused bank, pulled the plug on SWIFT fiat transactions for individuals if they were below the $100,000 threshold starting from February.
Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected].
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