Binance leaves Singapore

The management of the BINANCE cryptocurrency exchange has decided to stop serving customers from Singapore until February 13, 2022.

We are talking about a subsidiary of Binance Asia Services, which also planned to provide cryptocurrency exchange services to local clients on a legal basis.

To this end, the company previously applied for a Singapore cryptocurrency license. However, it is now planning to withdraw it and completely roll out services in this jurisdiction.

Also, as the project progresses, registration will be terminated, as well as the provision of services through the Binance.sg resource. It will be possible to trade cryptocurrencies on the exchange only until January 12, 2022.

All accounts previously created on this site will be closed until February 13th. This means that all existing clients will have to close their positions and withdraw funds from the exchange before this date. Withdrawals are possible to any wallets and third-party platforms.

If you decide to try your hand at the world of cryptocurrencies, do it with a trusted and reliable partner - BINANCE

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Coin Shark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources. Cryptocurrency is a high-risk asset, investments in it can lead to losses. Readers should do their own research before taking any action.