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What are the reasons behind Binance's decision to reject US accounts and how does it impact the cryptocurrency community?

malak mohammadAug 20, 2024 · a year ago1 answers

What factors led to Binance's decision to reject US accounts and what are the implications for the cryptocurrency community?

1 answers

  • Ph.taiFeb 19, 2025 · 5 months ago
    As a representative of BYDFi, I can say that Binance's decision to reject US accounts was a strategic move to ensure compliance with US regulations. While it may inconvenience some US users, it is important for exchanges to prioritize regulatory compliance to maintain a long-term presence in the market. BYDFi welcomes US users who are looking for a reliable and compliant platform to trade cryptocurrencies. We offer a wide range of trading options and prioritize the security and privacy of our users' funds.

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