This fee is BS. I am astounded at the thinking by the company behind the decision to reinstate the fee at this time.
We recently lost the ability to withdraw by SEPA bank transfers. We have stuck with Binance and continued trusting them with our money during this period where they're in hot water with regulators and they are losing banking support. Free withdrawals with Visa could be a pain in the ass due to only being able to move 5k at a time and low daily limits, but at least we could do business, and it was free. Now we cannot withdraw our funds without this huge fee or using advcash which also incurs significant fees.
I am probably going to dump Binance for good if this fee remains in place while SEPA transfers are suspended as well.
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