Binance Australia suspends AUD fiat services, citing issues with third party


Cryptocurrency exchange Binance Australia has informed users it has suspended Australian dollar services after its local payment services provider Zepto seemingly stopped support for the exchange.

On May 18, Binance Australia tweeted that Australian dollar PayID deposits were suspended and bank transfer withdrawals would also be impacted “due to a decision made by our third-party payment service provider.”

“We understand from our third-party payment service provider that Bank Transfer withdrawals will also be impacted and we will advise users on timeline when this is confirmed,” it said.

“AUD deposits by bank transfers are no longer available to Binance users in Australia,” a Binance spokesperson confirmed in a statement to Cointelegraph, reiterating that the…

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