Binance has sent an email to its users announcing that its EUR fiat payments partner, Paysafe, will no longer offer SEPA deposits to Binance users starting from September 25th, 2023. After this date, users will need to use new banking details for EUR deposits to their Binance Fiat wallet and may be required to accept new terms and conditions. However, existing Binance users will not be affected until September 25th, and this change will only impact the EUR deposit and withdrawal functions provided by Paysafe, not any other fiat deposit or withdrawal services.
Key Points:
– Binance’s EUR fiat payments partner, Paysafe, will stop offering SEPA deposits to Binance users.
– The change will take effect on September 25th, 2023.
– Users will need to use new banking details for EUR deposits and may need to accept new terms and conditions.
– Existing Binance users will not be affected until September 25th.
– Only the EUR deposit and withdrawal functions provided by Paysafe will be affected, not other fiat deposit or withdrawal services.
Hot Take:
This update from Binance informs users about the upcoming change in its EUR fiat payments partner, which will impact SEPA deposits. It emphasizes that existing users will not be affected until September 25th and clarifies that only the EUR deposit and withdrawal services provided by Paysafe will be impacted. This proactive communication helps users prepare for the transition and ensures a smooth experience on the platform.
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