Post
Topic
Board Trading Discussion
Re: Are USA traders saying sayonara to Binance? (The Exodus Is Here?)
by
Pipdips
on 27/07/2019, 03:46:23 UTC
Yeah, I will probably take a two-pronged approach once the new Binance terms take effect in September. I'll make a new VPN account for Binance and then split my capital 50-50 between Binance and Kucoin. If Binance forces verification and catches us for violating terms, I think they would still allow us to withdraw in most cases. But reducing my exposure by 50% will make me feel safer.

I like your zeal for really going for it, but, I would not sneak around the rules like that. Binance may figure you out. But it will definitely effect your trading because in the back of your mind it will be psychologically effecting your trading outcomes. If Binance caught you breaking rules, I think Binance would still allow you to withdrawal your funds, but, I would suggest just complying by the rules. That is part of my trading plan that I recommend.

Binance does not owe you anything, they were a great provider when they were serving the USA users, plus they have given us all a 90 day warning.