On April 1st, COINOTAG reported that Binance’s C2C platform has implemented a revised T+1 withdrawal strategy. This adjustment introduces a supplementary T+0 withdrawal option, allowing users to withdraw up to $1,000 in equivalent assets on the day of purchase. Notably, users with zero assets in their accounts can only access this T+0 limit, regardless of their purchasing activity that day. Any residual assets will be subject to the standard 24-hour waiting period post-order completion for T+1 withdrawals.
For users already holding assets in their Binance accounts, the updated structure combines the original T+1 withdrawal allowance with this new T+0 cap, thus enhancing liquidity options significantly. These changes are aimed at improving the user experience on the platform while adhering to regulatory compliance and risk management practices. As the crypto landscape evolves, such adjustments reflect Binance’s commitment to providing flexible financial solutions to its users.