Cryptocurrency Q&A
Why is USDC not on Binance?
Why is USDC not on Binance?
FantasylitElation
Sun May 12 2024
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7 answers
1421
I've noticed that USDC isn't available on Binance, which seems quite puzzling given its popularity and stability. Could you please explain why this is the case? I'm particularly interested in understanding if this is a temporary issue, or if there are deeper reasons behind this decision. Is it related to regulatory concerns, technical difficulties, or perhaps Binance's strategic considerations? I'd appreciate any insights you can provide on this matter."
As a professional practitioner in the field of cryptocurrency and finance, I'm always eager to delve deeper into such intriguing questions. Your explanation would greatly assist me in understanding the nuances of the cryptocurrency ecosystem and its interactions with major exchanges like Binance. Thank you for your time and attention to this matter.
7 answers
Federico
Tue May 14 2024
Effective after March 30, 2024, at midnight PDT (Pacific Daylight Time) or 3 a.m. EDT (Eastern Daylight Time), the platform will suspend these transactions.
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BonsaiVitality
Tue May 14 2024
This decision follows Circle's announcement that it will no longer support USDC on the TRON blockchain.
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CryptoProphet
Tue May 14 2024
Users of Binance.US are advised to take note of this change and plan accordingly.
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Maria
Tue May 14 2024
Binance.US has announced an upcoming change regarding deposits and withdrawals of USDC via the TRON Network (TRC20).
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Michele
Tue May 14 2024
It is important to ensure that any funds or transactions related to USDC via TRON (TRC20) are completed prior to the specified deadline.
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