{"id":18380,"date":"2023-03-06T13:16:40","date_gmt":"2023-03-06T13:16:40","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bybit-suspends-usd-deposits-and-withdrawals\/"},"modified":"2023-03-06T13:16:40","modified_gmt":"2023-03-06T13:16:40","slug":"bybit-suspends-usd-deposits-and-withdrawals","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bybit-suspends-usd-deposits-and-withdrawals\/","title":{"rendered":"Bybit suspends USD deposits and withdrawals"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1678105385838-df15d5ff-4ccf-45ed-a08a-71c12c85d71f-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1678105385838-df15d5ff-4ccf-45ed-a08a-71c12c85d71f-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1678105385838-df15d5ff-4ccf-45ed-a08a-71c12c85d71f-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1678105385838-df15d5ff-4ccf-45ed-a08a-71c12c85d71f-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">USD payments suspension impacts both national and international bank transfers.<\/li>\n<li dir=\"ltr\">Bybit will also pause USD withdrawals as from 10 March 2023.<\/li>\n<li dir=\"ltr\">Customers can however continue to buy crypto with credit or debit cards.<\/li>\n<\/ul>\n<p dir=\"ltr\">Bybit, one of the world\u2019s leading crypto exchanges, will be suspending the US dollar (USD) payment option \u201cuntil further notice,\u201d a <a href=\"https:\/\/announcements.bybit.com\/en-US\/article\/notice-on-suspension-of-usd-payment-with-bank-transfer-blt8fe1124f4dc5c6a1\/\" rel=\"noopener noreferrer\" target=\"_blank\">notice<\/a> issued to customers on Saturday detailed.<\/p>\n<p dir=\"ltr\">The move follows a similar one taken earlier this year by <a href=\"https:\/\/coinjournal.net\/exchanges\/binance\/\">Binance<\/a>, the world\u2019s largest crypto exchange. CoinJournal <a href=\"https:\/\/coinjournal.net\/news\/binance-to-suspend-usd-deposits-and-withdrawals-report\/\">highlighted<\/a> Binance\u2019s announcement in early February, and recently <a href=\"https:\/\/coinjournal.net\/news\/silvergate-stock-crash-50-on-thursday\/\">reported<\/a> on how crypto-friendly bank Silvergate has increasingly found itself in trouble amid concerns about its solvency.<\/p>\n<h2 dir=\"ltr\">Bybit suspends USD deposits and withdrawals<\/h2>\n<p dir=\"ltr\">According to the crypto platform, the suspension of USD deposits is down to service outages involving a partner. The exchange will also be halting USD withdrawals beginning 10 March 2023.<\/p>\n<p dir=\"ltr\">\u201c<em>We have temporarily suspended USD deposits via Wire Transfer (including SWIFT) due to service outages from our end-point processing partner until further notice<\/em>,\u201d the crypto exchange notified its customers.<\/p>\n<p dir=\"ltr\">While users can still withdraw USD via WireTransfer up to 10 March, that option will be temporarily disabled on the noted dates. Instead, customers will be able to <a href=\"https:\/\/coinjournal.net\/cryptocurrencies\/buy\/credit-card\/\">buy crypto with credit card<\/a> or withdraw cryptocurrencies to their wallet.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Notice on Suspension of USD Payments via Bank Transfer<\/p>\n<p>You may continue to make USD deposits via the Advcash Wallet, or buy cryptocurrencies with your credit card on our One-Click Buy page.<\/p>\n<p>More details here: <a href=\"https:\/\/t.co\/Roae3T4pYJ\">https:\/\/t.co\/Roae3T4pYJ<\/a><a href=\"https:\/\/twitter.com\/hashtag\/Bybit?src=hash&amp;ref_src=twsrc%5Etfw\">#Bybit<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/TheCryptoArk?src=hash&amp;ref_src=twsrc%5Etfw\">#TheCryptoArk<\/a> <a href=\"https:\/\/t.co\/XAUI2AeDJC\">pic.twitter.com\/XAUI2AeDJC<\/a><\/p>\n<p>\u2014 Bybit (@Bybit_Official) <a href=\"https:\/\/twitter.com\/Bybit_Official\/status\/1632016050052116480?ref_src=twsrc%5Etfw\">March 4, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Bybit has also <a href=\"https:\/\/announcements.bybit.com\/en-US\/article\/notice-on-delisting-of-nxd-posi-gas-driv-dfl-and-fiu-bltbd742117e4c1b566\/\" rel=\"noopener noreferrer\" target=\"_blank\">announced<\/a> that it is delisting several cryptocurrency trading pairs. The spot trading pairs whose support ends as of 10 March include NXD\/USDT, POSI\/USDT, GAS\/USDT, and DRIV\/USDT among others.\u00a0<\/p>\n<p dir=\"ltr\">The delisted tokens have failed to meet listing requirements, the exchange noted.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bybit-suspends-usd-payments-via-bank-transfer\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) USD payments suspension impacts both national and international bank transfers. Bybit will also pause USD withdrawals as from 10 March 2023. Customers can however continue to buy crypto with credit or debit cards. Bybit, one of the world\u2019s leading crypto exchanges, will be [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":18381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/18380"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=18380"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/18380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/18381"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=18380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=18380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=18380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}