Topic: Will binance and OKEX exchange close? (Read 570 times)
If they find a way to regulate and close down the binance exchange i suggest that people start to dump the BNB binance coins which will be worthless without the binance exchange itself! I don't actually think it is possible to shut it down but you never know as there is a lot of regulation happening over in east asia right now.
Binance is not based in china so we are safe. I think okex is Hong Kong they have different rules than mainland china.
i think they wouldn't, as long as we still can access it even China can't, it will not stop them, especially Binance already be a big market with their daily volume, the owner wouldn't close it
i think binance is in Hong Kong located and its like malta in eu, offshore zone, so mainland chinese laws are not working there, i hope we will continue to enjoy its service.
As far as I know, changes can only affect China. In the rest of the world, the changes will be minimal.
I don't think that such huge exchanges can easily be closed. Also I heard that Binance is not from China, so we shouldn't worry about it's closing.
This is difficult because the platform is not only for China, but for the whole world, so the exchanges will find a way if it blocked to continue , also i think chain's people will find a way to access the exchange
They will find a way to avoid this such as moving office and servers aboard, like in 2017 09.
Millions are registered in binance and the token is climbing on top so I believe this one is far from the true. Sometimes news is purposely created to drag down What is on top. 
It seems that China intends to further crack down on the cryptocurrency market, while binance and OKEX are both Chinese exchanges, and the founders are all Chinese. I am very concerned about whether the exchange will be closed. 
Ive heard binance were transfered to hongkong so dont worry mate,binance is safe to use as of now. It seems that China intends to further crack down on the cryptocurrency market, while binance and OKEX are both Chinese exchanges, and the founders are all Chinese. I am very concerned about whether the exchange will be closed.
No one can be sure! The exchange works very well but after the exchange, you should withdraw all your coins to your destop wallet! To be safe when policy changes!
for now and up to 5 years in the future I think okex and binance will still survive (my prediction), because the user of this is exchange is very much so it is difficult to make the exchange is closed.
Their record of 240,000 users registered in just 1 hour tells it.
It cannot be closed easily because of its popularity.
Maybe the Chinese government could just use this to make money for themselves since trading website creates a lot of money than the trader inside it.
To be honest, the Chinese government has no control over the exchanges.It cannot be closed easily because of its popularity.
Maybe the Chinese government could just use this to make money for themselves since trading website creates a lot of money than the trader inside it.
The Chinese government is unable to obtain real data, let alone impose restrictions on these exchanges, even if the data and bills are not available.
As far as I know, Binance based on a post on Reddit is not from China so rest assured that it won't halt its operations even if China bans exchanges (again). Binance servers are located in Korea and Japan and the company is based in Hongkong. HK is a country different from China so I guess it doesn't have to adhere to the rules implemented by China. These exchanges are big and popular so I think they have plan B to Z to assure their clients how safe is their funds in them.
If it ever came down to that I think they would just move elsewhere where they can operate freely. I mean they run a multi-billion Bis, how could they. I know I would not.
AFAIK Binance is oparated from Japan.
hope not, think they got many customers outside china from many countrys worldwide
As already mentioned, Binance isn't incorporated in China, so the PBoC crackdown is irrelevant to it.
dont think that will happen, it is not a china based exchange
Furthermore, i think they registered on under locale which will make them free of the ban
Furthermore, i think they registered on under locale which will make them free of the ban
You newer know what can happen with China. More likely that binance will be banend for chinese customers/residents.
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