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Binance Poland To Introduce Changes To Withdrawal and Deposit Procedures

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By on January 16, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Binance Poland To Introduce Changes To Withdrawal and Deposit Procedures appeared first on Coinpedia Fintech News

In a latest develoment, to prepare for EU regulatory requirements and in accordance with local guidance, Binance Poland will gradually introduce changes to crypto withdrawal and deposit procedures. Users will be required to provide additional information for transactions above €1,000 or its equivalent. For deposits, users must supply the sender’s details, while for withdrawals, they must provide the beneficiary’s information. A pop-up message will prompt users to input necessary details, including the full name, country, and exchange name (if applicable) when sending crypto to another exchange or a self-hosted wallet.

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