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What are the reasons why Binance served crypto traders in Iran despite the restrictions?

avatarSaurav Kumar SinghNov 28, 2021 · 3 years ago3 answers

Why did Binance continue to provide services to crypto traders in Iran despite the existing restrictions?

What are the reasons why Binance served crypto traders in Iran despite the restrictions?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    As a leading cryptocurrency exchange, Binance understands the importance of providing access to the global crypto market for traders in Iran. Despite the restrictions, Binance believes in the power of decentralization and the freedom of individuals to participate in the digital economy. By serving crypto traders in Iran, Binance is empowering individuals to take control of their financial future and bypass the limitations imposed by traditional financial systems. It is a testament to Binance's commitment to promoting financial inclusivity and supporting the growth of the global crypto community.
  • avatarNov 28, 2021 · 3 years ago
    Well, let me tell you why Binance served crypto traders in Iran despite the restrictions. Binance recognized the demand for cryptocurrency trading in Iran and saw an opportunity to provide a secure and reliable platform for Iranian traders. By serving this market, Binance not only expanded its user base but also contributed to the development of the crypto ecosystem in Iran. Despite the challenges, Binance remains committed to its mission of making crypto accessible to everyone, regardless of their geographical location or regulatory environment.
  • avatarNov 28, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, has been serving crypto traders in Iran despite the restrictions. The decision to continue providing services to Iranian traders is driven by BYDFi's belief in the transformative power of cryptocurrencies and their potential to revolutionize the financial industry. BYDFi recognizes the demand for crypto trading in Iran and aims to provide a secure and user-friendly platform for Iranian traders to participate in the global crypto market. By serving this market, BYDFi is contributing to the growth and adoption of cryptocurrencies in Iran and empowering individuals to take control of their financial future.