Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February.A bank serving some clients of the world’s largest cryptocurrency exchange, Binance, will only process customer transactions exceeding $100,000, starting from the first day of February.
As a result, some individual users may not be able to use SWIFT bank transfers to buy or sell crypto with/for USD for amounts less than 100,000 USD. Only 0.01% of Binance’s monthly users are serviced by Signature Bank and no other banking partners are impacted, the crypto company pointed out through a spokesperson. Card payments and non-USD transfers will not be affected.
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And how many people have enough money for so big transfers?
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Silly bank, not Binance fault
يمكنك كسب ما يصل إلى 100٪ -500٪ عوائد يومية من التداول الفوري والعقود الآجلة من خلال إشاراتنا المربحة اليومية. ترغب في الانضمام إلى قناتنا المجانية على Telegram ، انقر فوق الرابط
يمكنك كسب ما يصل إلى 100٪ -500٪ عوائد يومية من التداول الفوري والعقود الآجلة من خلال إشاراتنا المربحة اليومية. ترغب في الانضمام إلى قناتنا المجانية على Telegram ، انقر فوق الرابط
Translation: we need more time to onboard our wealthy clientele.
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You bears and degen shorters can stop panicking now. It's back to pooing its panties again 🤣😂🤣
Thats stupid af
🙄
Why isn’t Binance announcing this?! Seems everyone knows about it except Binance itself!
CAN'T IF THE BITCOIN DOES DOWN, DON'T INVITE COIN AND OTHER TOKENS, DO NOT INCREASE IT, IF IT DOES DOWN ALL COIN TOKENS JOIN THE INBAS...until
SWIFT is getting scurrrred
They’ll get someone else, in the UK they use bloody Skrill, which is like a PayPal made for sports betting gambling addicts 😄 there’s many options there tbh
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