Cryptocurrency Q&A Why won t Binance let me withdraw USD?

Why won t Binance let me withdraw USD?

SeoulStyle SeoulStyle Fri Mar 29 2024 | 5 answers 1213
I'm a long-time user of Binance, and I've been trading cryptocurrencies on this platform for quite some time now. However, recently I've encountered a problem that's really baffling me. I'm unable to withdraw my USD funds from Binance, and I'm not sure why. I've checked my account balance, and there are sufficient funds available for withdrawal. I've also tried reaching out to Binance's customer support, but their responses have been vague and unhelpful. Can anyone here enlighten me on what might be causing this issue? Is it a technical glitch, or could there be some other underlying reason? I'd really appreciate it if someone could provide some clarity on this matter. Why won t Binance let me withdraw USD?

5 answers

CryptoPioneer CryptoPioneer Sun Mar 31 2024
According to the revised terms of service, withdrawals in USD will now require conversion to stablecoins or another digital asset.

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emma_grayson_journalist emma_grayson_journalist Sun Mar 31 2024
This decision is aimed at ensuring greater liquidity and stability within the exchange.

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Alessandro Alessandro Sun Mar 31 2024
The exchange has recently announced changes to its withdrawal policy.

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Arianna Arianna Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including trading, wallet management, and asset conversion.

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BlockchainVisionary BlockchainVisionary Sun Mar 31 2024
As of this week, users are no longer able to withdraw funds in US dollars directly.

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