Is it legal to use Binance in Ethiopia?

3 answers

• May 06, 2022 · 3 years ago
  As of now, there are no specific laws or regulations in Ethiopia that prohibit the use of Binance or cryptocurrency trading. However, it's always advisable to consult with a legal professional or financial advisor to ensure compliance with any potential future regulations.
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• May 06, 2022 · 3 years ago
  Using Binance in Ethiopia is generally considered legal. The Ethiopian government has not imposed any restrictions on cryptocurrency exchanges like Binance. However, it's important to stay updated with the latest regulations as they may change in the future.
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• May 06, 2022 · 3 years ago
  While I cannot speak on behalf of BYDFi, a cryptocurrency exchange, it's important to note that Binance is a reputable and widely used platform. Many users in Ethiopia have successfully traded cryptocurrencies on Binance without any legal issues. It's always recommended to do your own research and make informed decisions when it comes to cryptocurrency trading.
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