Binance has introduced direct PKR withdrawals, simplifying the process for users in Pakistan to convert and withdraw their crypto holdings. While the exchange rates may not always be the most competitive, this new feature ensures smooth, secure transactions without the risk of account restrictions.
With this update, users can instantly convert USDT to PKR and have the funds deposited directly into their Pakistani bank accounts or mobile wallets. The process is user-friendly: log in to the Binance app, go to trade option, choose the “buy/Sell” option, chose sell, select the amount, and pick a withdrawal method. Once the deposit is initiated, the transaction is processed promptly, and users can track the status of their orders in real time. For Pakistan’s growing crypto community, this development offers significant convenience and security, reducing dependency on third-party services. It marks an important step in integrating cryptocurrency with the local financial ecosystem, making transactions more accessible and efficient.
The impact of retail sales mom on cryptocurrencies can be seen in the market trends. When retail sales are on the rise, it often leads to increased demand for cryptocurrencies. This is because people have more money to spend and are looking for alternative investment opportunities. On the flip side, if retail sales are declining, it can lead to a decrease in demand for cryptocurrencies as people become more cautious with their spending. So, the performance of retail sales mom can be a good indicator of the overall sentiment towards cryptocurrencies.
Ethereum Name Service (ENS) gained 7% today, hitting a high of $50.47 after breaking through a key resistance. Currently, it is consolidating around $47.52, retesting its breakout point.
Fantom (FTM) surged 13% today, climbing to a high of $1.47 after breaking a critical resistance level. It is now consolidating around $1.40, retesting the breakout level.
Important Announcement: Spot Trading Pair Delisting
At Binance, maintaining a secure and high-quality trading environment for our users is our top priority. As part of our periodic reviews, we evaluate all listed spot trading pairs based on various factors, including liquidity and trading volume. Following our latest assessment, Binance will remove and cease trading for the following spot trading pairs on 2024-12-13 at 03:00 (UTC): DCR/BTC PEPE/TUSD ZEN/ETH We appreciate your understanding and continued support as we work to enhance the trading e