Following Binance’s announcement last month that it would cease operations in the Netherlands, the trading platform reminded its Dutch clients that all crypto assets must be withdrawn by August 17, Protos reported. As of Monday, Dutch users can no longer trade cryptocurrencies on the platform and now have a month to withdraw funds. Binance has signed an agreement with Dutch cryptocurrency platform Coinmerce to help users withdraw funds through the Binance app’s one-click system. According to the company’s CEO Jaap de Bruijn, more than 100,000 users have moved their cryptocurrency holdings. BlockBeats previously reported that on June 16, Binance announced that it would withdraw from the Dutch market. Starting from 08:00 on July 17, 2023, Beijing time, existing Dutch resident users will only be able to withdraw assets from the Binance platform and will not be able to further purchase or trade. or deposit.