Binance issues update on asset transfer for Dutch users

Binance has published a notice on asset transfer for users residing in the Netherlands. The update is released about a month after the crypto firm confirmed it would exit the Dutch market.

Today, Binance announced that the asset transfer for existing Dutch resident users is now live. Effective from 2023-07-14 07:00 (UTC), users residing in the Netherlands can accept the transfer of their assets to Coinmerce.

Users who accept the transfer of their assets before 2023-07-16 23:59 (UTC) will have their assets transferred to Coinmerce on 2023-07-19. Users who accept the transfer of their assets after 2023-07-16 23:59 (UTC) will have their assets transferred on a weekly basis.

How to Accept the Transfer of Your Funds to Coinmerce:

• Step 1: Sign into your Binance account.
• Step 2: Click on [Read More] on the pop-up window.
• Step 3: Complete the form by clicking on the checkboxes.
• Step 4: Click on [Accept asset transfer].