Binance Banning The United States Customers From Trading

Binance Banning The US Users
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Binance the largest crypto exchange has updated its terms of use its contain “is unable to provide services to any U.S. person.” and announced that it will stop serving Non-verified US individual and corporate  customers on Binance.com in 12th of the September 2019. Binance currently gets approximately 15% - 50% of its traffic from U.S. customers.

Non-verified US customers will continue access to their wallets and funds, but will no longer be able to trade or deposit.

Customers will still be able to bypass the banning and trade on Binance.com using a VPN.

After this news BNB get free fall and altcoins get rekt.

This is a critical moment for the cryptocurrencies and free use it.

Timeline

  1. Befor two weeks Binance DEX also announced it would start geo-blocking U.S. customers and 28 other countries in July.
  2. Yesterday Binance announced launching a new trading platform with FinCEN, separate fiat-to-crypto exchange to serve the U.S. market.
  3. Today Binance.com Banning The United States Customers From Trading.
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