First Binance, Then Bybit: Crypto Exchange Stops USD Deposits



First Binance then On Saturday, the Bybit crypto exchange announced the suspension of U.S. dollar (USD) deposits for both international and national customers due to service outages with their end-point processing partner.




Bybit’s Decision Came After Binance Made a Similar Decision


Withdrawals will be stopped from March 10th onward as well; however, users can still deposit and withdraw using wallet addresses or fund purchases through credit cards or other payment methods. This temporary measure is necessary to ensure the safety and reliability of funds on our platform going forward until further notice.


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