We know that Binance is the largest exchange in the world. This exchange has launched a domain for United Kingdom users to facilitate their financial promotion. Their development series has been published in 6 block posts and is scheduled to start from October 4.
read more hereThe UK government has been making strict laws to regulate crypto activities in the country. Binance would have to restrict its services to only the ones that are approved by the UK regulator. Services like Gift Cards referral bonuses will not be available to Binance customers in the UK but other services will be available.
I thought Binance was running in UK since. Well their launching the new domain is good one. Binance is the best centralized exchange platform in the cryptocurrency ecosystem for now. But even as the best we should be careful with their vendors. Binance is trying her best to take over the whole world. I believed UK bitcoin and cryptocurrency users have been using other exchange platforms for their p2p transactions but with the presence of Binance, things will move smoothly for them.
I have been using Binance sit some months now and I have not been experienced anything fishing except some vendor's delayed payments.
Binance has been operating in the UK for a long time. However, the new Financial Promotions (FinProm) by the Financial Conduct Authority (FCA) will redirect UK users to a new website different from the general Binance platform. This new website is to ensure that only services approved by the UK government will be offered on this new website.