Binance Australia Announcement
Binance Australia has announced the immediate suspension of PayID AUD deposits for its users due to a decision made by their third-party payment service provider. The platform is currently working diligently to find an alternative provider to ensure the continuity of AUD deposits and withdrawals. While Bank Transfer withdrawals are expected to be affected, Binance will provide further updates on the timeline once confirmed.
Despite this disruption, Binance assures users that they can still engage in buying and selling cryptocurrencies using credit or debit cards. Additionally, the Binance P2P marketplace will continue to operate normally. Users are reassured that their funds remain safe through the Secure Asset Fund for Users (SAFU), an insurance fund designed to protect Binance users and their assets during unforeseen circumstances.
AUD Deposits and Withdrawals
Binance Australia is committed to resolving this issue promptly and will keep users informed of any developments regarding the availability of AUD deposits and withdrawals. The platform remains dedicated to providing a seamless trading experience while prioritizing the security and safety of user funds.”