Fellow Binancians,
We are aware of the recent announcement by the Bank of Uganda around cryptocurrency related payment activities in Uganda and we are monitoring the situation closely.
As our UGX payment partners are suspending deposits and withdrawals services for UGX until further notice, Binance will temporarily suspend UGX deposits and withdrawals via our fiat partner channels starting from 2022-05-30 12:00 (UTC).
Please note that all your funds on Binance.com are safe, and P2P services as well as crypto services on Binance.com continue as normal.
Binance remains committed to supporting the growth of the blockchain ecosystem in Africa.
We are working closely with relevant stakeholders, and will keep you updated on any further developments.
We apologize for any inconvenience.
Risk Warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence.
Thanks for your support!
Binance Team
2022-05-23
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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.