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Binance Restores Real-Time Bank Transfers for Australian Users

From decrypt.co

Binance Australia has restored direct dollar deposits and withdrawals for local users, reopening PayID and bank-transfer access after more than two years of disruption to its banking services in the country. The exchange said the functionality is now available to all Australian customers following a phased rollout to a smaller user group in recent months. Users can move funds between their bank accounts and Binance in Australian dollars, marking the first time since mid-2023 that the platform has offered direct fiat on and off-ramps in the market. Australian banks have taken a cautious approach to crypto-related ... (full story)

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