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    Home » Binance commented on country restrictions for users of the decentralized exchange

    Binance commented on country restrictions for users of the decentralized exchange

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    By BlockchainJournal on June 3, 2019 News
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    Binance Changpeng Zhao, the leader of the trading volume of the bitcoin exchange Binance, said that users from countries that are denied access to Binance DEX will still be able to trade on the site.

    The messages being passed is wrong. https://t.co/VtrSxEaW22 (the website) blocks certain countries; DEX (the blockchain) doesn’t, it can't.

    And there are plenty of wallets support trading on DEX directly.

    Website ≠ Blockchain. ???

    – CZ Binance (@cz_binance) June 3, 2019

    “Residents of these countries will not be able to access the exchange website, but this is not about the blockchain. Many wallets support direct trading on DEX , ”Zhao stressed.

    It’s not the DEX itself. Just use a VPN.

    Of the any for These Or wallets (all support trading): @TrustWalletApp @Zel_Core @coolwallet @Mathwallet @InfinitoWallet @CoinomiWallet @MeetDotOne @Magnum_Wallet @ellipalwallet

    – truthseeker (@truthurtm) June 3, 2019

    So, the mentioned wallets, Zhao added, will allow residents of the United States, Belarus, Moldova, Croatia, Serbia, Crimea peninsula and other jurisdictions to trade on DEX without having to visit binance.org.

    It is also worth adding that, probably, it will be possible to enter the website of the exchange using VPN services.

    Recall the official launch of Binance DEX took place at the end of April this year. The platform uses its own blockchain Binance Chain, on which users can also issue their own tokens.

    Binance also plans to launch a new version of the main trading platform. Earlier this week, the exchange reported that Binance 2.0 is 90% ready.

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