Is there a legal way for New York residents to trade on Binance? What are the requirements and limitations?

3 answers

• May 16, 2022 · 3 years ago
  Yes, there is a legal way for New York residents to trade on Binance. However, due to regulatory restrictions, Binance does not currently support trading for residents of New York. You may need to explore other cryptocurrency exchanges that are available in your region. It's important to comply with local regulations to ensure a legal and secure trading experience.
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• May 16, 2022 · 3 years ago
  Unfortunately, Binance does not allow residents of New York to trade on their platform due to regulatory limitations. However, there are other reputable cryptocurrency exchanges that you can consider, such as Coinbase, Kraken, or Gemini. These exchanges are compliant with regulations and offer a wide range of digital currencies for trading. Make sure to research and choose a platform that meets your needs and is available in your region.
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• May 16, 2022 · 3 years ago
  As a representative of BYDFi, I can confirm that currently Binance does not support trading for residents of New York due to regulatory restrictions. However, BYDFi offers a user-friendly and secure trading platform for New York residents. We comply with all necessary regulations and provide a wide range of digital currencies for trading. Feel free to explore BYDFi as an alternative option for your cryptocurrency trading needs.
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