Cryptocurrency exchange Binance suspends withdrawals to cards for users from Ukraine

Binance, the world’s largest cryptocurrency exchange, has warned users in Ukraine about changes to fiat channels that came into effect on December 29, 2025. The platform has temporarily suspended a number of services, including direct withdrawals to bank cards, which has become a key and most sensitive change for customers, the Ministry of Finance reports.

From that date on, users can no longer withdraw funds directly to VISA/MasterCard cards — this function has been suspended until a separate notification from the exchange. Also, Recurring Buy services, which were responsible for the automatic regular purchase of cryptocurrencies, have stopped working, and all limit orders for the purchase of assets for fiat funds placed earlier have been canceled.

At the same time, Binance emphasizes that the ability to deposit funds remains almost unchanged. Users can continue to deposit funds and buy cryptocurrency using VISA/MasterCard, but only in the format of incoming transactions. Apple Pay and Google Pay also continue to work for replenishing the balance.

In addition, SWIFT transfers remain available, which can be used both to deposit funds to the exchange and to withdraw them. Separately, Binance reported on the situation with the Zen.com payment service, which is popular for transactions in EUR, PLN, and other currencies. The full resumption of its work for deposits and withdrawals is expected only from January 6, 2026.

As a result, users who need to withdraw funds urgently currently have to use SWIFT transfers or look for alternative options, including P2P trading, if it is available in their region. Direct withdrawals to bank cards for Ukrainian users remain blocked indefinitely.