PANews
PANews|2月 24, 2026 04:00
[Binance Tightens Risk Control on Venezuelan Bank Card Purchases, P2P Transactions Unaffected] According to CriptoNoticias, Binance has recently implemented stricter risk control measures for Venezuelan users using locally and Panama-issued virtual credit cards and debit cards to purchase cryptocurrencies. These transactions have seen a higher rate of rejection, with some users having their bank card payment options completely removed. Additionally, issues such as abnormal OTP (one-time password) reception and extra limits on virtual cards have increased. Binance stated that customer service requests have significantly risen and that it is monitoring restrictions imposed by payment processors and banks. Currently, Bitcoin, USDT, and other cryptocurrency trading through Binance P2P remains operational and continues to be the primary channel for Venezuelan users to access liquidity.
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