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Is Binance available for users in New York?

avatarNora AlyDec 16, 2021 · 3 years ago3 answers

Can users from New York access Binance, one of the largest cryptocurrency exchanges?

Is Binance available for users in New York?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, Binance is not available for users in New York due to regulatory restrictions. The New York State Department of Financial Services (NYDFS) has imposed strict regulations on cryptocurrency exchanges operating in the state, and Binance has chosen not to apply for the BitLicense required to operate in New York. Users from New York will need to find alternative exchanges that are compliant with the regulations in their state.
  • avatarDec 16, 2021 · 3 years ago
    Nope, Binance is off-limits for New Yorkers. The state's regulatory framework for cryptocurrency exchanges makes it impossible for Binance to offer its services to users in New York. It's a bummer, but there are plenty of other exchanges out there that cater to New York residents. Just make sure to do your research and choose a reputable and compliant exchange.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that Binance is not available for users in New York. However, there are other exchanges like BYDFi that do cater to users from New York. BYDFi is a reliable and user-friendly exchange that offers a wide range of cryptocurrencies for trading. Users from New York can easily sign up and start trading on BYDFi without any restrictions.