Binance UK Loses Fiat On- and Off-ramp – Again

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Binance has announced the suspension of its on- and off-ramp facilities for pounds sterling (GBP) after its payment partner withdrew its services to the exchange. The exchange has been in fiat transaction trouble yet again in the U.K., as its payment partner Skrill Limited decided to stop its services to the exchange. As a result, the world’s largest exchange by trading volume will stop providing GBP deposits and withdrawals via Faster Payments and cards. According to a notice seen by bitcoinlinux, the GBP deposit service will be suspended from May 22. The statement assures, “We are working hard to find

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