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Topic: Binance to block US customers - page 4. (Read 771 times)

legendary
Activity: 2478
Merit: 1492
June 14, 2019, 05:12:43 AM
#4
If Binance blocks access to US customers, where else can they trade ? As a European, I'm not familiar with American crypto exchanges. What are the most popular ?

Anyway, they can always use OKEx.
full member
Activity: 874
Merit: 125
June 14, 2019, 05:06:31 AM
#3
But why? US, according to the chart is giving them the most traffic so far and banning them doesn't make sense to me. I know I'm lacking information so I hope someone would fill us with this topic.

Most probably because US has strict laws regarding cryptocurrency and when you get into the US money laundering or tax accusation, you're f**ked.
That's why most of ICO's and exchanges blocks them. And they are particulary not happy when foreign company deals with their citizen without their consent.
Every business are afraid of US. Wherever you stay or operate, US is going to f**k you anyway.
full member
Activity: 1624
Merit: 163
June 14, 2019, 04:48:06 AM
#2
But why? US, according to the chart is giving them the most traffic so far and banning them doesn't make sense to me. I know I'm lacking information so I hope someone would fill us with this topic.
IIV
member
Activity: 130
Merit: 16
June 14, 2019, 04:33:23 AM
#1
Binance, the largest exchange by volume is now going to leave behind it's US based customers. Anyone verified as US citizen won't be able to trade while the IP from US would be blocked by default effective from 12th September, 2019.
Binance Dex is also blocking US IPs.

https://www.theblockcrypto.com/2019/06/14/us-customers-to-be-blocked-from-trading-on-binance-com/
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