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Binance re-enables deposit and withdrawal services for Euro

Published date:

February 2, 2026

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As stated by Binance, “Binance is introducing new fiat partners to provide EUR services to users in Europe. Fiat channels are an important factor in driving crypto adoption around the world – millions of Binance users have easy access to fiat channels.”

Crypto exchange Binance has restored deposit and withdrawal facilities for the Euro by teaming up with new fiat partners.

Earlier in September, PaySafe, Binance’s former banking partner, stopped processing Euro deposits. The sudden disruption of Euro transactions prompted Binance to suspend all EUR spot trading pairs on its platform. Although Binance allowed users to withdraw their Euro holdings to their bank accounts, the exchange began requesting clients to convert their EUR assets to stablecoin Tether (USDT).

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Binance has now resumed Euro transactions after securing new banking partners. In the blog post, the exchange confirmed that clients can deposit and withdraw their Euro via Open Banking and SEPA/SEPA Instant.

Having restored EUR spot trading pairs for all users, Binance noted that its new fiat partners will allow clients to trade cryptocurrencies through multiple payment methods, including bank cards, SEPA gateway, and fiat balances.

Written by

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

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How we reviewed this article

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Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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