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Binance P2P Applies T+1 Withdrawal Limit to the Egyptian Market
To improve trading security, Binance P2P has now applied the “T+1” crypto withdrawal limit to the Egyptian market.
With the “T+1” limit implementation, when any KYC’ed Egyptian users who buy cryptocurrencies on the Binance P2P platform using AED, AUD, BHD, CAD, DZD, EGP, EUR, GBP, INR, JOD, KWD, LBP, MAD, OMR, PKR, QAR, RUB, SAR, SDG, TND, TRY and USD, they will have to wait for 24 hours before they can withdraw their newly purchased cryptocurrencies to an external address.
Click here for more details on the “T+1” withdrawal limit.
Note: The “T+1” withdrawal limit is not applicable to Binance P2P merchants.
Related reading: How to buy cryptocurrency on Binance P2P?
Disclaimer: Your use of the Binance P2P services and all information and other content (including that of third parties) included in or accessible from the Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. Binance P2P platform has neither the rights nor the obligations to resolve any disputes arising from a completed payment. Neither Binance P2P platform nor merchants shall be responsible for your loss in a completed payment.
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Note: This announcement was updated on 2022-01-04 to reflect changes on the target population of the policy.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.