Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Coin suspension
by
hugeblack
on 21/02/2024, 07:48:30 UTC
⭐ Merited by Potato Chips (1)
Recently, binance suspended XMR withdrawals without warning, apparently, due to low wallet balance, see: https://twitter.com/DontTraceMeBruh/status/1759680195806544364
Though, I can't comment if this is exactly unforseeable for binance.

It may be due to regulatory pressures, or it may be due to the high consumption of BTC --> XMR and then the withdrawal, as it has become a cheaper way to mix currencies and some mixing services use it to enhance the identity of users, or it may be related to what happened with FixedFloat.
There are many reasons why they delist #Monero, especially with the authorities trying to impose more fines on them.