- The firm still hasn’t found a new provider to replace Westpac
- The company previously said the problems were temporary
- Users are encouraged to convert their assets to USD for withdrawals
Binance Australia yesterday, June 1, notified customers that it was suspending the processing of AUD transactions via wire transfer. The reason lies in the policy of the service provider Westpac. The company has not found a new partner yet.</nbsp;
It is noteworthy that earlier Binance said that the problem will be solved “in the shortest possible time.. The following message was posted on Binance Australia’s Twitter account on Thursday:
“We regret to inform you that deposits and withdrawals in AUD via bank transfers are temporarily not available to Binance Australia users.”</nbsp;
The company also noted that it is suspending trading pairs with AUD from June 1. Users of the platform are offered to convert funds into USD.
Fill an account and buy cryptocurrency through the P2P platform of the exchange, as well as through bank cards. As for the new partner, the statement said:
“We are working hard to find another provider that will offer our users deposits and withdrawals in AUD.”
It is notable that the exchange previously curtailed derivatives trading in Australia. Some users have expressed the opinion that Binance is preparing to leave the local market, as it did in Canada.