Binance will launch a pilot phase on 26 January 2022, at 13:00 UTC in Belgium and Bulgaria. Users participating in the pilot program were selected based on a set of testing criteria. SEPA Withdrawals via bank transfers will also be offered. A user’s identity must be verified to perform a SEPA transfer.
The company will be using UK-based Paysafe as a fiat on ramp for cryptocurrency transactions on SEPA. They will be using SEPA to accept deposits for the foreseeable future, as the company says. Paysafe has confirmed the partnership, which will make use of Paysafe’s digital wallet technology.
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