Binance Australia 'Unable' to Process AUD Deposit, Withdrawal Services
On Thursday, May 18, Binance Australia announced that the exchange is not able to facilitate fiat deposits. It attributed the service suspension to a “decision” made by its third-party payment service provider. Specifically, its local settlement provider has ceased support for the exchange. Chalking out other implications of the halt, the announcement noted, “ We understand from our third-party payment service provider that Bank Transfer withdrawals will also be impacted and we will advise users on timeline when this is confirmed. “ Binance clarified that its team is “working hard to find an alternative provider.” This is being carried out to help the exchange resume offering AUD deposits and withdrawals to users. Fellow Binancians, We regret to inform you that with immediate effect we are unable to facilitate PayID AUD deposits for Binance users due to a decision made by our third party payment service provider. We understand from our third party payment service provid...