Are there any other exchanges that have also decided to stop supporting Binance USD conversion?

3 answers

• Dec 27, 2021 · 3 years ago
  Yes, there are other exchanges that have also decided to stop supporting Binance USD conversion. One example is Coinbase, which recently announced that it will no longer support the conversion of Binance USD on its platform. This decision was made due to regulatory concerns and to ensure compliance with applicable laws and regulations. Coinbase users who hold Binance USD will need to withdraw their funds to an external wallet or convert them to another supported cryptocurrency.
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• Dec 27, 2021 · 3 years ago
  Definitely! Apart from Binance, another exchange that has decided to halt Binance USD conversion is Kraken. The exchange cited similar reasons as Binance, such as regulatory uncertainties and compliance concerns. Kraken users who currently hold Binance USD will have to explore alternative options, such as converting to another stablecoin or withdrawing to an external wallet.
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• Dec 27, 2021 · 3 years ago
  Yes, there are other exchanges that have also stopped supporting Binance USD conversion. One such exchange is BYDFi, which made this decision to ensure the safety and security of its users' funds. BYDFi encourages its users to withdraw their Binance USD holdings to a secure wallet or convert them to another supported cryptocurrency. This move aligns with BYDFi's commitment to maintaining a robust and compliant trading environment.
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