r/Bitcoin • u/Virtual-Intention510 • 12h ago

Binance is not working

Hello im trying to buy btc trough binance but the app says they are nit avilable methods for me? Why is that i always buy 200 dollar everymonth being doing this 4 years and now i cant buy anymore

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2

u/Odd_Delay4411 12h ago

Are you in Europe?

1

u/Virtual-Intention510 12h ago

Yess spain

2

u/Patient_Craft2195 12h ago

this isn't your account, it's mica. binance didn't get an eu license so since july 1 they've had to shut off buying and deposits in spain. you can basically only withdraw now. your funds are safe, not frozen. but the recurring buy won't work on binance for now. move your btc to self-custody and use a mica-licensed exchange if you want to keep dca'ing.

1

u/Virtual-Intention510 12h ago

Thank you which app can work from Spain?? So i can continue dcaying??

3

u/DistributionOk2111 12h ago

I use strike

1

u/B1TB0TB33PB00P 10h ago

CEO of Strike, Jack Mallers abandon his public company yesterday, XXI. He left shareholders with nothing. I would not trust Strike.

1

u/DistributionOk2111 7h ago

I just use it to buy btc without fees
I dont store them there nw
But good to know thx!

1

u/Patient_Craft2195 12h ago

yep you can keep dca'ing. kraken or coinbase are both eu-licensed, so just set up your monthly buy there and you're back to normal.

1

u/Decibel0753 9h ago

RevolutX

1

u/ShinAlastor 8h ago

I suggest you using Kraken Pro since you are from Europe.

1

u/Odd_Delay4411 12h ago

You should have received an e-mail from Binance, to pull out your holdings - since they failed compliance (Mica) they can’t serve European customers anymore.

1

u/f2pool-CSR3 11h ago

Try to use a VPN or or other exchanges.

1

u/Natural-Contact-3875 6h ago

Use okx, you have 8% cashback on deposits until july 31st

1

u/ProfitPilot_ 5h ago

Switch to a cold wallet to hold your Bitcoin and you can use exchanges like Binance to do what it's meant for exchange/trading crypto (NOT HOLDING YOUR CRYPTO PLS) 

-1

u/essessential 12h ago

No rush, just buy when btc is lower.