Bybit Suspends USD Deposits Via Wire Transfer: What Crypto Customers…

Bybit Suspends USD Deposits Via Wire Transfer: What Crypto Customers…

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Cryptocurrency exchange Bybit announced on Saturday the suspension of USD deposits via bank transfer, citing service outages from its partner.
Effective immediately, USD deposits via wire transfer (SWIFT) and wire transfer (for US banks) are no longer available, it said.
The company has devices its users to continue making USD deposits through Advcash wallet or buy cryptocurrencies with their credit card on their One-Click Buy page.
However, USD withdrawals via wire transfer (SWIFT) and wire transfer (for US banks) are still available until March 10, 00:00 UTC.

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Bybit has also reminded its users that if they wish to withdraw USD on a short-term basis, they should do so as soon as possible to avoid possible disruptions that may arise due to the prevailing circumstances.
The exchange further announced that they will soon be launching the Advcash Wallet withdrawal service.
The company wanted to reassure its users that USD assets held on Bybit are safe and secure as the platform has undergone rigorous security measures to ensure the safety of all user funds.

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