Important Announcement: Closure of Merchant Account Verification Service

**Binance to Discontinue Merchant Account Verification Service**

Binance, one of the leading cryptocurrency exchanges, has announced the cessation of its Merchant Account Verification Service effective June 4th, 2024. This decision comes as part of Binance’s strategic restructuring efforts.

Existing merchants who have already completed the verification process need not worry, as their accounts will continue to function smoothly without any disruption. They can continue to utilize Binance’s merchant services as usual.

However, for new merchants or those yet to complete the verification process, it’s imperative to take note that Binance will no longer be accepting new registrations or providing verification services after the aforementioned date.

This move by Binance underscores the dynamic nature of the cryptocurrency industry and the need for platforms to adapt to changing regulatory landscapes and business priorities.

Binance assures its customers that this decision is aimed at enhancing overall efficiency and aligning its services with evolving market demands. The exchange remains committed to providing reliable and secure services to its users.

For further inquiries or assistance, affected parties are encouraged to reach out to Binance’s customer support team.

Thank you for your understanding and continued support.


The Binance Team


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