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  • Writer's pictureNagaya Technologies

Revision To Minimum USD Withdrawal Limits

With effect from 15 January 2024, the minimum USD withdrawal limit for the options available on Nagaya Staking Wallet will be revised according to the table stipulated.

This change is a result of the escalating network fees incurred from the cryptocurrency networks as well as the rising minimum transactional limits imposed by our third-party vendors, which have made smaller transactions economically unfeasible. We aim to maintain the efficiency and reliability of transactions while mitigating the impact of rising network costs.

We encourage you to review your USD withdrawal preferences and ensure they align with the revised minimum USD withdrawal limits which can be found in the table below.

In addition to the revision of minimum USD withdrawal limits, we wish to inform you that the USD withdrawal option of Binance USD (BUSD) will no longer be available from 15 January 2024. The decision to remove this option is as a consequence of the significant decline in support for Binance USD (BUSD) by several digital exchanges.

Your attention and understanding in this matter are much appreciated.

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