Binance CEO: Binance DEX Has Zero Banned Contry

In an important subject for the Bitcoin market and cryptocurrency traders, there were rumors that giant Binance, one of the largest digital currency exchanges around the world, prevented users from the United States and 28 other countries from accessing the Binance platform.
This unconfirmed news has made the cryptocurrency community on the Twitter website in a state of confusion, but just as often with rumors, the truth seems a bit more complicated – and less exciting.
In this regard, CCN has published a detailed report.

to CCN, Binance CEO Changpeng Zhao revealed the origin of the hysteria and explained that this geographical group of users from the 29 countries concerned, including the United States and the State of Venezuela, applies only to one website at binance.org . The CEO also explained that the decentralized platform, Binance DEX, itself does not prohibit access to users based on their geographical location.

CZ Binance, BINANCE DEX does not block access to US traders:

binance dex geoblock

You appear to be accessing the website from an IP address belonging to one of the following countries: the
United States, Albania, Belarus, Bosnia and Herzegovina, Burma, the Central African Republic, the Democratic Republic of the Congo, the Democratic People’s Republic of Korea, the Ivory Coast, Ukraine, Cuba and Iran. Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova, Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen and Zimbabwe.
Please note that by July 1, 2019 (UTC 00:00) UTC, the Wallet Interface will not be accessible through the Binance.org website to users with an IP address from the countries listed above for alternatives and solutions.

Mr. Chengpeng ZHAO said that the decentralized platform Binx DEX, as the blockchain protocol, can not and can not impose a regional geographic ban on users, stressing that it is up to the service providers working on the platform to make independent decisions about who allows access to their services.

The CEO of Binance Platform added:

Today, there are at least dozens of mature portfolios already supporting the decentralized Binance DEX platform. The ban based on geographic location -geoblock-is not on the Binance DEX platform, which is managed by a number of independent nodes.
The geoblock geo-ban is for one Web site only (www.binance.org), which is run by one of our affiliates.
I think there is a central party that decides to ban access to users based on their geoblock location based on their own legal compliance policies

In this regard, Mr. CHANGPENG ZHAO, known as the “CZ”, posted a tweet on his Twitter account.
“The message currently circulating is wrong. Binance.org prohibits users of some countries but the Binance Dex platform does not.
To echo the user’s account Dimitry with another tweet saying:
“Well … so how can we trade on the Binance Dex platform if not through the Binance.org website? ”

Trust Wallet, which noted that outside of binance.org, noted that users can use other platforms such as Trust Wallet to trade currency assets using the native currency swap feature.

Please note, that is not a bit of financial advice, nor the WhaleToBe team’s view

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