និមិត្តសញ្ញាដើមរបស់ Binance, BNB, has had a roaring start to the year, with its year-to-date (YTD) gains standing at over 38%. But will it last amid the USD withdrawal suspension?
On Feb. 8, BNB reached an impressive 90-day high of $337.32 before suffering a minor retracement. Trading at $330.71 with a មួកទីផ្សារ of $52.22 billion as of this writing, BNB remains one of the top-performing crypto assets.
But Binance’s current ការផ្អាក of US dollar withdrawals and deposits, coupled with the ongoing ភាពចម្រូងចម្រាស with Indian exchange WazirX, could mean an uncertain future for BNB.
Will the token continue its impressive run, or will it succumb to the current market conditions? Let’s find out.
Suspension of US dollar
On Feb. 6, Binance announced that it would suspend US dollar deposits and withdrawals. The company did not provide a reason for the decision but directly informed affected customers.
A company spokesperson stated that “0.01% of our monthly active users leverage USD bank transfers” and that the company is working hard to restart the service as soon as possible.
Binance US, a unit of the company regulated by the Treasury Department’s Financial Crimes Enforcement Network, assured in a tweet that it is not affected by the suspension, thus making a move applicable only to non-US customers who transfer money to or from bank accounts in dollars.
Source: https://crypto.news/binance-native-token-bnb-starts-2023-with-38-price-gain/