• bitcoinBitcoin$70,848.002.32%
  • ethereumEthereum$3,558.741.25%
  • elrond-erd-2MultiversX$61.090.29%

Binance Reopens EUR Bank Transfer Through SEPA

Binance is working with Paysafe to debut the pilot program for EUR deposit and withdrawal through the SEPA payment network starting this week.

Clients can take part in the pilot program based on several criteria chosen by Binance. The complete re-opening of SEPA channels will scale up across the markets at a later date.

Binance has created several guides for people who are eligible and wish to make EUR transactions.

This decision comes several months following the exchange suspending payments from the SEPA network in June 2021 due to high regulatory scrutiny.

The market had a positive reaction to this with the price of Bitcoin going up to over $3,800 and Ether above $2,600.

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