Bitcoin (BTC) Falls Below 84,000 USDT, Down 2.74% in 24 Hours
As of March 9, 2025, at 13:52 PM (UTC), Bitcoin has dipped below 84,000 USDT, trading at 83,990.72 USDT, according to Binance market data. This marks a 2.74% decline over the past 24 hours.
$BTC #Binance Must Support P2P Users and Crypto Traders in Pakistan by Partnering with Local Banks
Crypto traders and P2P users in Pakistan are facing increasing challenges due to bank account freezes and restrictions when using Binance P2P. These issues are creating financial uncertainty, loss of funds, and fear among traders who rely on crypto for investment and business.
Why Binance Needs to Act Now
1. Account Freezes Are Hurting Traders
Many P2P sellers in Pakistan report their bank accounts being suspended or frozen immediately after receiving payments from buyers.
This disrupts trading activities and causes unnecessary stress for users who depend on Binance for transactions.
2. Lack of Banking Support for Crypto
Pakistani banks treat crypto-related transactions as suspicious, despite the absence of laws explicitly prohibiting crypto trading.
Without direct collaboration between Binance and local banks, traders remain vulnerable to sudden account closures and financial losses.
3. Uncertainty in Crypto Trading & Investment
The lack of banking support and regulatory clarity discourages investors from trading due to fears of losing access to their funds.
Many traders are being pushed toward unsafe, underground alternatives, increasing their exposure to fraud and scams.
How Binance Can Help
✅ Partner with Pakistani Banks – Binance should collaborate with major banks to establish clear policies for crypto transactions, preventing unjust account freezes.
✅ Launch a Binance-Pakistan P2P Merchant Program – A verified, secure merchant system within Binance P2P can reduce fraud risks and minimize the likelihood of account closures.
By taking these steps, Binance can ensure a safer and more stable trading environment for Pakistani users while strengthening its presence in the country’s growing crypto market.$BTC $
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