News Explorer — Binance Australia Offiically Halts AUD Deposits and Withdrawals, SOfficiallyeeks Alternative Provider

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Jun 2, 8:31 am

Coindesk

Binance Australia Offiically Halts AUD Deposits and Withdrawals, SOfficiallyeeks Alternative Provider

Binance Australia has halted AUD deposits and withdrawals by bank transfer as announced last month. Users can still buy and sell crypto using credit or debit cards, and the exchange is looking for an alternative provider. Bitcoin is trading at a 20% discount on Binance Australia compared to rival exchanges. In April, ASIC canceled Binance Australia's derivatives license after a request from the exchange.

Binance Australia has halted AUD deposits and withdrawals by bank transfer as announced last month. Users can still buy and sell crypto using credit or debit cards, and the exchange is looking for an alternative provider. Bitcoin is trading at a 20% discount on Binance Australia compared to rival exchanges. In April, ASIC canceled Binance Australia's derivatives license after a request from the exchange.

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