Starting January 20, 2025, Binance introduces new requirements for crypto deposits and withdrawals in compliance with EU regulations.
Key Changes:
đ„ Deposits over âŹ1,000: Senderâs full name, country, and exchange name (if applicable) are required.
đ„ All withdrawals: Beneficiaryâs full name, country, and exchange name (if applicable) must be provided.
đ„ Missing information: Transactions may be delayed or canceled without the required details.
These changes affect only crypto transfers. No action is needed for users not performing deposits or withdrawals.
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Binance Updates Crypto Transfer Procedures for Poland and Belgium
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