{"id":563358,"date":"2023-03-14T06:48:49","date_gmt":"2023-03-14T03:48:49","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/binance-to-lose-its-gbp-on-and-off-ramp-provider-in-9-weeks\/"},"modified":"2023-03-14T06:48:49","modified_gmt":"2023-03-14T03:48:49","slug":"binance-to-lose-its-gbp-on-and-off-ramp-provider-in-9-weeks","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/binance-to-lose-its-gbp-on-and-off-ramp-provider-in-9-weeks\/","title":{"rendered":"# Binance to lose its GBP on-and-off ramp provider in 9 weeks"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a50905e553f9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a50905e553f9\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/binance-to-lose-its-gbp-on-and-off-ramp-provider-in-9-weeks\/#%E2%80%9D_Binance_to_lose_its_GBP_on-and-off_ramp_provider_in_9_weeks_%E2%80%9C\" >&#8221; Binance to lose its GBP on-and-off ramp provider in 9 weeks  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Binance_to_lose_its_GBP_on-and-off_ramp_provider_in_9_weeks_%E2%80%9C\"><\/span>&#8221; Binance to lose its GBP on-and-off ramp provider in 9 weeks  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-48054ca8>Binance is scrambling to find a new service partner to process British Pound (GBP) transfers on its trading platform after its current partner, Skrill Limited announced it will soon cease providing services to the crypto exchange.\u00a0<\/p>\n<p>Binance explained in a Mar. 13 email to \u201cBinancians\u201d that Skrill would stop processing GBP deposits and withdrawals via bank transfer with its \u201cFaster Payments Service\u201d and card in May. 22.<\/p>\n<p>\u201cWe regret to inform you that our GBP fiat partner, Skrill Limited, has informed us that it will stop offering GBP fiat services, namely deposits and withdrawals via Faster Payments and card, to Binance users,\u201d the statement read.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/3d81288e-e88b-46af-9985-fc82b35f1ed6.PNG\"><figcaption style=\"text-align: center;\"><em>Binance&#8217;s email to users regarding GBP service suspension. Source: <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a><\/em><\/figcaption><\/figure>\n<p>The trading platform added that they are \u201cworking hard to find an alternative provider\u201d to provide GBP on and off-ramp services to users as soon as possible.<\/p>\n<p>It has about nine weeks to find an alternative before Skrill terminates its services.<\/p>\n<p>Binance however confirmed that the change would not impact Binance Accounts or any Binance.com products or services. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/348a842f-d367-466b-9a6b-6b3505343c03.jpg\"><figcaption style=\"text-align: center;\"><em>Steps to deposit GBP on Binance. Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/fiat\/deposit\/GBP\">Binance.<\/a><\/em><\/figcaption><\/figure>\n<p>This isn\u2019t the only service provider dilemma that Binance has dealt with of late either.<\/p>\n<p>Binance temporarily suspended USD bank transfers on Feb. 8 but did not provide an explanation as to why, other than that it would work to restart the feature as soon as possible. At the time, the halt did not <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ly to the U.S.-based independent entity, Binance.US.<\/p>\n<p>On Jan. 21, Binance also announced that its primary banking partner, SWIFT would ban U.S. Dollar transfers below $100,000 on the trading platform. This service ceased on Feb. 1.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Binance banking problems highlight a divide between crypto firms and banks<\/em><\/strong><\/p>\n<p>Binance then <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/support\/faq\/swift-bank-transfer-channel-suspended-for-selected-countries-updated-as-of-2023-01-23-b230db1283e54c529b206d0a48e6e358\">announced<\/a> on Jan. 23 that Binance users of 143 countries would no longer have access to the SWIFT USD bank deposit and withdrawal channel at all. <\/p>\n<p>The United States, United Kingdom, Australia, France and Germany were some of the few countries that made the cut. <\/p>\n<p>Cointelegraph reached out to Binance and Paysafe, the parent company of Skrill, but did not receive an immediate response.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/binance-to-lose-its-gbp-on-and-off-ramp-provider-in-9-weeks\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Binance to lose its GBP on-and-off ramp provider in 9 weeks &#8220; Binance is scrambling to find a new service partner to process British Pound (GBP) transfers on its trading platform after its current partner, Skrill Limited announced it will soon cease providing services to the crypto exchange.\u00a0 Binance explained in a Mar. 13&#8230;<\/p>\n","protected":false},"author":1,"featured_media":563359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/d9e4ccd4-428f-4631-8a8f-aad366d3fbeb.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74888,75014,74894,75854,80064,74879,117],"class_list":["post-563358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-banking","tag-binance","tag-blockchain","tag-debit-cards","tag-partnership","tag-wallet","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/563358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=563358"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/563358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/563359"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=563358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=563358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=563358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}