Binance enables deposits in bolívars in Venezuela via bank transfers and Pago Móvil
Binance reiterates that, despite this partnership, virtual assets are still not legal tender and are not officially backed by state financial institutions
Friday, October 16, 2026

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Binance enables deposits in bolívars in Venezuela via bank transfers and Pago Móvil
Binance reiterates that, despite this partnership, virtual assets are still not legal tender and are not officially backed by state financial institutions
Binance enables deposits in bolívars in Venezuela via bank transfers and Pago Móvil
The platform has integrated this option to facilitate the purchase of digital assets and currencies

Binance users in Venezuela have had a new option for depositing money into their accounts since Thursday: the platform enabled direct deposits in bolívars via bank transfers and Pago Móvil, with no fees charged for these transactions.

The tool allows users to add funds in local currency to buy digital assets and stablecoins such as USDT, USDC, USD1, and $U, directly through the app. The service expands the options available to Venezuelan users seeking access to the cryptocurrency market through the national banking system.

Courtesy of El Nacional

https://www.elnacional.com/2026/10/binance-habilita-depositos-en-bolivares-en-venezuela-mediante-transferencias-bancarias-y-pago-movil/