The cryptocurrency exchange Binance has informed its Ukrainian users about changes to its service terms. As of December 29, 2025, the platform has officially suspended the ability to withdraw funds to Visa and Mastercard bank cards, along with several other services.
This is reported by Business • Media
“According to the announcement, the exchange has suspended the provision of such services until further notice: withdrawals to Visa/Mastercard bank cards, automated recurring purchases of crypto assets for fiat (Recurring Buy), and limit orders for purchases.”
Which Services Remain Available for Ukrainian Users
Despite the new restrictions, Binance clients can still make deposits using bank cards, as well as through Google Pay or Apple Pay. For those wishing to withdraw funds, SWIFT transfers or the Zen.com service remain available.
Previously, since March 2023, withdrawals to bank cards for users from Ukraine had already been unavailable. Therefore, Binance’s current decision merely formalizes restrictions that have effectively been in place for a long time.
Background of the Restrictions and Regulator’s Policy
With the onset of the full-scale aggression by the Russian Federation in Ukraine, the National Bank of Ukraine introduced a series of restrictions on the movement of funds. In February 2022, the regulator limited cash withdrawals and prohibited cross-border currency transfers. In April of the same year, the list of restrictions was expanded to include cryptocurrency operations, including a ban on purchasing digital assets with the hryvnia.
In March 2023, all major cryptocurrency exchanges, including Binance, suspended fiat withdrawals to bank cards due to actions taken by Ukrainian banks and the regulator’s policy. As of the end of December 2025, this issue remains relevant for users of cryptocurrency platforms in Ukraine.