Binance, one of the largest cryptocurrency exchanges, has just announced a drastic reduction in its USD withdrawal fees for SWIFT bank transfer facilities. The Binance, one of the largest cryptocurrency exchanges, has just announced a drastic reduction in its USD withdrawal fees for SWIFT bank transfer facilities. The

Binance Turbocharges USD Transactions: Slashes SWIFT Withdrawal Fee to $25

Binance, one of the largest cryptocurrency exchanges, has just announced a drastic reduction in its USD withdrawal fees for SWIFT bank transfer facilities. The same set of conditions applies to both retail and corporate users, while USD SWIFT deposits still remain free.

More accessibility and better user experience

This reduction in fee could be a good step towards upgrading accessibility and user experience, thus providing users the most convenient way to operate their USD transactions through the platform. Vice President of Fiat at Binance, Thomas Gregory, said that the move intends to break down the crypto barrier by lowering costs and further improving the user experience at Binance’s platform, which is well known for its world-class security.

Source: Binance

Also Read: Binance Coin (BNB) Double-Top Alert: Key Support Levels to Watch at $885–$890

Extending global presence

The exchange has been continuously widening its fiat services, and this present development is only a part of the overall plan of the company to make crypto assets more accessible and to increase the adoption rate of cryptocurrencies worldwide.

The exchange has rolled out the initiative to allow SWIFT USD withdrawals in more than 70 countries, an operation that is accompanied by BPay Global, a licensed entity in Bahrain.

Also Read: Binance Japan Adds Bittensor Trading as TAO Recovers and Eyes $412 Next

Benefits for Users

The cut fee is most probably going to benefit the users who regularly withdraw USD from their Binance accounts, thereby making it cheaper to transfer the funds. Since USD SWIFT deposits are still free, users will definitely have a smoother and more efficient experience when handling their USD transactions on this exchange.

Also Read: XRP and RLUSD Launch Triggers Financial Revolution Beyond SWIFT

Market Opportunity
Lorenzo Protocol Logo
Lorenzo Protocol Price(BANK)
$0.05175
$0.05175$0.05175
-2.79%
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Stocks and Crypto Market Face Volatility From U.S. Tariffs

Stocks and Crypto Market Face Volatility From U.S. Tariffs

The post Stocks and Crypto Market Face Volatility From U.S. Tariffs appeared on BitcoinEthereumNews.com. Markets brace for volatility as new U.S.–EU tariffs and
Share
BitcoinEthereumNews2026/01/19 22:45
CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07