Good news for Binance Users: GBP transactions are now possible

If you are a Binance-verified user, you can transfer GBP deposits and withdrawals. But if your account is not verified, do it now, or you will be unable to access this facility.

You can do this via PaySafe, or particularly, Faster Payments. This option allows people to quickly transfer these funds, especially in fiat currencies.

The daily deposit limit will be up to 147,000 GBP, and the transaction/ withdrawal fee will be 2.00 GBP per transaction. However, you cannot transact an amount lower than 3.00 GBP, because it will not get credited to your account.

It should be noted that bank charges are not within the judiciary of Binance. Also, if you want to get involved in cryptocurrency trading, you should be aware of all the associated risks, and behave accordingly.