Another Blow to Binance: They Stopped AUD Transactions

Following the withdrawal of support from its local payment service provider, Binance Australia announced that it would stop its AUD services.

The Decision was Made Due to a Third-Party Provider

Due to a decision by our third-party payment service provider, Binance Australia announced on May 18 that PayID deposits in Australian dollars are stopped and bank transfer withdrawals would also be impacted. Binance customers in Australia may no longer fund their accounts by bank transfer when depositing AUD. Withdrawals, however, will be available indefinitely.
Binance is actively seeking a replacement solution to continue supporting AUD deposits and withdrawals. Credit and debit card purchases of crypto are still possible . Credit and debit cards may still be used for trading cryptocurrencies. Binance P2P will also carry on operating normally.

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