First of all binance is not working from China. It has offices in Hong Kong and Korea.
Second watch the conference that was held yesterday at Seoul. In that conference binance owner spoke about regulations and rules in different countries and they are going to abide by all this terms. So practically it's safe
Topic: Will binance and OKEX exchange close? - page 2. (Read 586 times)
I have an account in Binance and not going to bother to withdraw funds or stop trading. At the end, it's only Binance that has Native android app for trading from my TAB 
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. 
I wouldn't be concerned about Binance, I think it will be fine. But some smaller exchanges might suffer with government crackdowns.
Always a good idea to not keep your crypto on the exchanges though as we're all aware that there can be problems. Have everything in private wallets, and only keep what you need for trading on the exchanges.
The notion fo their business could be an advantage for them against Chinese government. I bet they are spread across more than two datacenters on at least two continents so they can migrate quickly from Chinese jurisdiction. And nothing prevents them from moving the company and the team to sunny Singapore 
China can block their access in China but I think they can't close them for the whole world unless they are based in China, which is not the possibility as they move out from China after last year news.
I believe the two exchanges will not be closed. Because their servers are not in China. It has been moved to overseas. All needless to worry about.
I also believe that the these two exchanges will not shut down, because the two exchange transactions are the encryption monetary market need, if close the these two exchanges, so for the encryption of monetary market is very serious, even lead to the arrival of the bear market.
I believe the two exchanges will not be closed. Because their servers are not in China. It has been moved to overseas. All needless to worry about.
Binance is a very popular exchange and I don't think they will close it any time soon but I'm not sure about the other one. I've been trading on Binance in past and I never had a single problem with them I highly recommend it but it's a bad idea to keep all your money on a exchange since no one knows when they will close down and run away.
According to the official telegram group of binance, binance will not closed.
Here is the answer about China Ban Cryptocurency,
The first round of banning last year was about closing down all FIAT exchanges, which is why Binance moved to Japan and HongKong. And also Binance is smart enough to stay away from FIAT since then.
The incoming second ban - this time is about closing down all OTC market. Stopping people doing private sales which is still available up till now. That’s why all Chinese are selling their coins.
Here is the answer about China Ban Cryptocurency,
The first round of banning last year was about closing down all FIAT exchanges, which is why Binance moved to Japan and HongKong. And also Binance is smart enough to stay away from FIAT since then.
The incoming second ban - this time is about closing down all OTC market. Stopping people doing private sales which is still available up till now. That’s why all Chinese are selling their coins.
According to the news, in the current state, China is considering to ban domestic access to these exchanges; so if the ban goes through, these exchanges shouldn't be accessible from China, but for the rest of the world everything should be hopefully OK.
Hopefully.
For sure some of the people now hesitate to buy/deposit coins to these exchanges platforms; not until they will have an official announcement regarding this news to clarify things.
China can ban their access in China but can't take them down. Binance is already a big exchange with a huge number of users. They can't shut it down that easily.
Binance have their BNB as well
Binance have their BNB as well
I don't think these two exchanges will close because these are the best 2 exchanges at the moment. If these two exchanges are closed, it will surely create a huge effect and may cause the Cryptocurrency market to completely collapse.
Binance are in Hong Kong so they won't close any time soon.
It is true that no news has been received about China closing these exchanges, so I don't think it is very necessary to worry about this.
I have not heard any updated news about closing!!
China intends to close all Bitcoin markets (last September). The virtual currency is banned by the Bamboo Curtain because it is considered dangerous.but the reality does not close the market there.
We hope it does not happen and there is always a solution to every problem that arises.
We hope it does not happen and there is always a solution to every problem that arises.
This fact 1000% will be used for market manipulation;) After new BTC pump at ATH China again will try to ban something)
I think so, too, they will not be close, because seems binance the work the team is now in Japan, and Japan exchange cooperation, OKEX seems to work in Hong Kong, China, however, so I think OKEX can be dangerous.
Although there are some risks I don't think that there will be some disaster. These exchanges can be shut down for a while, then relocate and open again. Relocating company's registration is not hard, but takes time. So, no worries and patience.
i think binance will not close. it is very big exchange in the crypto world. It is managed according to the rules of China.
Jump to: