Category: Withdrawals

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Binance Advises Paysafe Users to Convert Euro Balances to Tether

Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits and withdrawals in the common European currency. Binance Urges Traders…
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Crypto exchange Upbit stems fake APT token flood, resumes services

The newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, which was mistakenly recognized by crypto exchange Upbit as the real deal. South Korea cryptocurrency exchange Upbit has resumed Aptos (APT) deposits and withdrawals again after fixing an issue that saw a scam APT token incorrectly recognized as the real…
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No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto

Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise. Crypto analysts on X (the social media platform formerly known as Twitter) and in YouTube interviews have been abuzz with talk about the trend of Bitcoin leaving centralized exchanges. On Aug. 29, the quantity of Bitcoin (BTC)…
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XRP briefly hits $50 on Gemini as users suspect relisting ‘price glitch’

Gemini is investigating the root cause behind the suspected price glitch. Crypto users are reporting seeing “wonky” prices for Ripple’s XRP (XRP) token on the Gemini crypto exchange, only hours after it relisted the token on its platform for deposits and trading. Several crypto community members on X (Twitter) have posted screenshots of what many…
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Binance Integrates Lightning Network Deposits and Withdrawals

Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network, taking advantage of lower fees. Binance Completes Integration of Lightning Network Binance recently announced the completion…
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Binance completes integration of Bitcoin Lightning Network

The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network. Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits. The development was confirmed by Binance in a July 17 blog post, where they noted that Binance users can now use…
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Bitcoin Exodus: Over 855,000 BTC Withdrawn From Exchanges Since July 2020

According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The number of bitcoins on exchanges has significantly dropped since July 31, 2020, when nearly 3 million bitcoins were…
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Binance to Lose Euro Transfers as Paysafe Drops Support

Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits and Withdrawals for Binance Crypto exchange Binance, the global leader in…
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Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars

The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers, however, that withdrawal services are likely to be discontinued again. Binance US May…
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Voyager app set to reopen for customer withdrawals as soon as June 20

Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal. Cryptocurrency brokerage Voyager Digital is preparing to reopen its app and allow customers to finally withdraw their funds — nearly one year after it filed for Chapter 11 bankruptcy. Voyager’s bankruptcy plan administrator Paul Hage…
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