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binance can't deposit eur

Binance temporarily suspends EUR deposits through SEPA due to a technical upgrade anticipated to be resolved by June 12th, affecting users intending to deposit EUR using the SEPA system.

Nov 05, 2024 at 12:30 pm

Binance Temporarily Suspends EUR Deposits

1. Issue Overview

On June 2, 2023, Binance announced the temporary suspension of Euro (EUR) deposits through the Single Euro Payments Area (SEPA) system.

2. Affected Services

The suspension applies to:

EUR deposits via SEPA bank transfers
Purchases of cryptocurrencies with EUR using SEPA

3. Reason for Suspension

Binance stated that the suspension was due to a "technical upgrade" by their payment provider.

4. Timeline

The suspension is expected to be lifted on June 12, 2023.

5. Alternative Payment Methods

During the suspension period, users can use alternative payment methods to deposit and purchase cryptocurrencies, such as:

Debit/credit cards
Other cryptocurrencies
P2P trading

6. Impact on Users

The suspension may cause temporary inconvenience for users who planned to deposit EUR through SEPA.

7. Binance Statement

Binance apologized for any inconvenience the suspension may cause and encouraged users to visit their official website for updates:

"We apologize for any inconvenience this may cause. Please visit our website for the latest updates on the situation."

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