How does Binance work in New York?

5 answers

• Dec 16, 2021 · 3 years ago
  Binance does not currently operate in New York due to regulatory restrictions. The New York State Department of Financial Services (NYDFS) requires cryptocurrency exchanges to obtain a BitLicense in order to operate in the state. Binance has not obtained this license, so it is not available to residents of New York. However, there are other cryptocurrency exchanges that are licensed to operate in New York and provide similar services.
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• Dec 16, 2021 · 3 years ago
  Unfortunately, Binance is not available for users in New York. This is because Binance has not obtained the necessary BitLicense from the NYDFS to operate in the state. The BitLicense is a regulatory requirement for cryptocurrency exchanges in New York, and Binance has chosen not to pursue it at this time. However, there are alternative exchanges that are licensed in New York and offer similar features and services.
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• Dec 16, 2021 · 3 years ago
  As of now, Binance is not available for users in New York. The New York State Department of Financial Services requires cryptocurrency exchanges to obtain a BitLicense to operate in the state, and Binance has not obtained this license. However, there are other options for users in New York, such as BYDFi, a licensed cryptocurrency exchange that offers a wide range of trading features and services. Users in New York can consider using BYDFi as an alternative to Binance.
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• Dec 16, 2021 · 3 years ago
  Unfortunately, Binance is not currently available for users in New York. The New York State Department of Financial Services requires cryptocurrency exchanges to obtain a BitLicense, which Binance has not obtained. However, there are other reputable exchanges that are licensed in New York and offer similar services. Users in New York can explore these alternatives to find a platform that meets their trading needs.
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• Dec 16, 2021 · 3 years ago
  Binance is not available for users in New York due to regulatory restrictions. The New York State Department of Financial Services requires cryptocurrency exchanges to obtain a BitLicense, and Binance has not obtained this license. However, there are other exchanges that are licensed in New York and provide a variety of trading options for users in the state. It's important for users in New York to ensure that they are using a licensed and regulated exchange to protect their funds and comply with local regulations.
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