3686
5 min

Important Update: Changes to USDT Services for EEA Users

Important Update: Changes to USDT Services for EEA Users

As part of our commitment to compliance and transparency, we’re updating USDT services for users in the European Economic Area (EEA).

What’s Changing?

Starting December 30, 2024, users in the EEA will no longer be able to deposit or withdraw USDT. This decision aligns with regulatory requirements to ensure a secure and compliant platform.

What Are Your Options?

To manage your assets seamlessly, we recommend converting USDT to regulated stablecoins like USDC or EURI, which will remain fully supported.

Here’s what you can do:

  • Convert USDT: Use our conversion feature to exchange USDT for USDC, EURI, or other assets before December 30, 2024.
  • Withdraw USDT: Transfer USDT to an external wallet before the deadline.

Note: Open crypto lending plans in USDT will continue. Rewards at the end of the plan will be issued in USDT, which you can convert to other assets.

Why This Change?

The evolving regulatory landscape in the EEA requires us to align with the highest compliance standards. By focusing on regulated stablecoins like USDC and EURI, we aim to provide a safer, more reliable experience.

Need Help?

If you have questions or concerns, our team is here to assist you through the transition.

Thank you for your understanding and for choosing WhiteBIT. Stay tuned for updates as we continue to enhance your digital asset experience.

Share to
Published by
Author: WhiteBIT WhiteBIT
The whole world of cryptocurrencies in your pocket
Always at your fingertips

Recent Articles

Beginners Guide on How to Use WhiteBIT Crypto Exchange

Cryptocurrency trading might seem daunting at first, but with WhiteBIT, it doesn’t have to be. In this ar...

What Is a Rug Pull And How to Avoid It?

Every cryptocurrency investor faces the inherent risk of losing funds, with one of the most hazardous and...

Trade with 1×10 Trading Bot on WhiteBIT

We are glad to announce the partnership with 1×10, a Telegram trading bot that allows automated trad...

Flexible Plans for Crypto Lending

We are taking WhiteBIT Earn to a new level—introducing flexible Crypto Lending plans that allow you to ea...

What Is Impermanent Loss and How to Avoid It?

Participating in cryptocurrency liquidity pools can yield substantial returns, but it also carries the ri...

More News

Go to the Category
XDEN has something to say

We will soon talk to Sebastian Barliga (CTO at Cryptodata) and learn about Xiden's plans and their implem...

Entering a new market 🇵🇱

We’re expanding our geography to continue scaling and fulfilling our global mission of spreading blockcha...

Deposit and withdraw USDC on Stellar

We are excited to inform you that the deposits and withdrawals of USD Coin (USDC) are now open on the Ste...

Testnet Bug Bounty WB Network program has started: participate and get rewards for finding bugs!

We strive to create a secure, reliable, and advanced blockchain for all network users, so we are launchin...

Security Update When Changing the Password and Deactivating 2FA

Preventative safety measures should never be overlooked, so let's not delay them. We're excited to introd...

ICTC: up to 1,000,000 USDT is already waiting

Compete on May 9 – 10 and win real prizes.

Download App

scan the QR code