newsycanuse

Bybit suspends USD payments via bank transfer

Bybit
  • USD payments suspension impacts both national and international bank transfers.
  • Bybit will also pause USD withdrawals as from 10 March 2023.
  • Customers can however continue to buy crypto with credit or debit cards.

Bybit, one of the world’s leading crypto exchanges, will be suspending the US dollar (USD) payment option “until further notice,” a notice issued to customers on Saturday detailed.

The move follows a similar one taken earlier this year by Binance, the world’s largest crypto exchange. CoinJournal highlighted Binance’s announcement in early February, and recently reported on how crypto-friendly bank Silvergate has increasingly found itself in trouble amid concerns about its solvency.

Bybit suspends USD deposits and withdrawals

According to the crypto platform, the suspension of USD deposits is down to service outages involving a partner. The exchange will also be halting USD withdrawals beginning 10 March 2023.

“We have temporarily suspended USD deposits via Wire Transfer (including SWIFT) due to service outages from our end-point processing partner until further notice,” the crypto exchange notified its customers.

While users can still withdraw USD via WireTransfer up to 10 March, that option will be temporarily disabled on the noted dates. Instead, customers will be able to buy crypto with credit card or withdraw cryptocurrencies to their wallet.

Notice on Suspension of USD Payments via Bank Transfer

You may continue to make USD deposits via the Advcash Wallet, or buy cryptocurrencies with your credit card on our One-Click Buy page.

More details here: https://t.co/Roae3T4pYJ#Bybit #TheCryptoArk pic.twitter.com/XAUI2AeDJC

— Bybit (@Bybit_Official) March 4, 2023

Bybit has also announced that it is delisting several cryptocurrency trading pairs. The spot trading pairs whose support ends as of 10 March include NXD/USDT, POSI/USDT, GAS/USDT, and DRIV/USDT among others. 

The delisted tokens have failed to meet listing requirements, the exchange noted.

Share this article
Categories
Tags

Read More
Benson Toti

Latest

elements

The foundational elements of AI architecture that IT leaders need to scale

0
With the rapid progress of AI capabilities and the move to agentic systems, organizations are expanding their use cases as the technology continues to grow. That constant evolution also introduces risk, leaving IT leaders to wonder which investments will prove valuable even six months into the future. Returning to the foundational elements of AI architecture—the
Google

Google and RWE back Proxima Fusion in record €411mn round

0
Munich-based Proxima Fusion has raised €411mn ($468mn), the largest private fusion round Europe has ever seen and a rare vote of confidence in a technology that has yet to produce a watt of commercial power. The deal values the stellarator company at €2.4bn and brings in Google and German utility RWE as strategic backers. XTX Ventures and
happened

Here’s What Happened at the Men’s Health Lab 2026

0
7 min read ON AVERAGE, MEN live about five years shorter than women do, said Richard Dorment, editorial director of Men’s Health and Women’s Health, at the start of this year’s Men’s Health Lab held on June 16, 2026, at Hearst Tower in New York City. But the opportunity to prevent disease has never been
Being

12 Nurses Say They Are Being Replaced by AI

0
You don't have permission to access "http://www.medpagetoday.com/nursing/nursing/122039" on this server. Reference #18.8651c317.1783501982.45cd2875 https://errors.edgesuite.net/18.8651c317.1783501982.45cd2875

Newsletter

Don't miss

elements

The foundational elements of AI architecture that IT leaders need to scale

0
With the rapid progress of AI capabilities and the move to agentic systems, organizations are expanding their use cases as the technology continues to grow. That constant evolution also introduces risk, leaving IT leaders to wonder which investments will prove valuable even six months into the future. Returning to the foundational elements of AI architecture—the
Google

Google and RWE back Proxima Fusion in record €411mn round

0
Munich-based Proxima Fusion has raised €411mn ($468mn), the largest private fusion round Europe has ever seen and a rare vote of confidence in a technology that has yet to produce a watt of commercial power. The deal values the stellarator company at €2.4bn and brings in Google and German utility RWE as strategic backers. XTX Ventures and
happened

Here’s What Happened at the Men’s Health Lab 2026

0
7 min read ON AVERAGE, MEN live about five years shorter than women do, said Richard Dorment, editorial director of Men’s Health and Women’s Health, at the start of this year’s Men’s Health Lab held on June 16, 2026, at Hearst Tower in New York City. But the opportunity to prevent disease has never been
Being

12 Nurses Say They Are Being Replaced by AI

0
You don't have permission to access "http://www.medpagetoday.com/nursing/nursing/122039" on this server. Reference #18.8651c317.1783501982.45cd2875 https://errors.edgesuite.net/18.8651c317.1783501982.45cd2875
Bitcoin

Bitcoin News: Dave Portnoy Vows to Hold Bitcoin to Zero After Buying at $100K

0
Bitcoin News: Dave Portnoy Vows to Hold Bitcoin to Zero After Buying at $100K Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Fact
newsycanusehttps://newsycanuse.com

Business seminar in Munich highlights Hong Kong’s strategic roles amidst global shifts (with photos)

Business seminar in Munich highlights Hong Kong's strategic roles amidst global shifts (with photos) ******************************************************************************************      The Hong Kong Economic and Trade Office, Berlin (HKETO Berlin), promoted Hong Kong's unique advantages and strategic roles at the seminar "Hong Kong's strategic role amidst geopolitical tensions" on June 18 (Munich time) in Munich, Germany.             Senior executives, investors
Read more

AI for business services: From job fears to productivity

AI for business services: From job fears to productivity
Read more

Business Insurance-AZ Achieves Record Response Times for 2026 Arizona Construction Bids

Business Insurance-AZ achieves milestone response speeds for commercial construction bids across Arizona, accelerating documentation delivery to keep local projects moving forward without delay. Phoenix, AZ, June 06-2026, ZEX PR WIRE — Business Insurance-AZ has achieved record-breaking processing speeds and response times for commercial construction bids throughout Arizona, directly supporting the state’s massive infrastructure and advanced manufacturing boom
Read more