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“We are pleased to announce that we have reached an agreement with our banking partners to successfully resolve nearly all withdrawal requests in U.S. dollars,” the exchange wrote.
If the attempt to withdraw funds previously failed, the exchange recommends that customers resubmit the request. In the future, the company expects the majority of requests for withdrawals in U.S. dollars to be completed successfully within the usual timeframe of no more than five business days.
While dollar withdrawals remain fully available on the platform now, the exchange expects bank partners to discontinue the service in the near future;
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“We continue to look for new partners to restore deposits and withdrawals in dollars. Therefore, we urge users to withdraw or convert their balances into stable coins to continue trading cryptocurrency on the platform,” exchange specialists offer.
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Recall, the U.S. Securities and Exchange Commission (SEC) sued the exchange Binance and its founder Changpeng Zhao (Changpeng Zhao). The regulator tried to freeze the assets of Binance.US. Therefore, the bank partners of the site stopped processing payments in fiat currencies;