Citizens of Ontario Canada no longer can use Binance Exchange

[Scout]

Binance pulls out of Ontario Canada. No longer can users from Ontario use the Binance Exchange. Good Grief!

 

https://www.binance.com/en/support/announcement/ba03469c86f34546bd25faf414730733

[brianwalden]

9 hours ago, Scout said:

Binance pulls out of Ontario Canada. No longer can users from Ontario use the Binance Exchange. Good Grief!

 

https://www.binance.com/en/support/announcement/ba03469c86f34546bd25faf414730733

Greetings from the other side of the St. Lawrence. We can be Binance exiles together.

[Pterolycus]

Been lurking for a long time, this post actually made me finally sign up just so I could commiserate with other Ontario residents. What is wrong with this province?!

Edited June 28, 2021 by jwolf

[brianwalden]

I'm hearing news that you won't be receiving the Flare airdrop.

I would hope that they set up an Ontario version of Binance and any customers who move their accounts over by the end of the year receive the airdrop.

This is a different situation from American customers who were using Binance.com well past the time when they were required to switch to Binance.us.

Edited June 29, 2021 by brianwalden

[Pterolycus]

6 hours ago, brianwalden said:

I'm hearing news that you won't be receiving the Flare airdrop.

I would hope that they set up an Ontario version of Binance and any customers who move their accounts over by the end of the year receive the airdrop.

Thankfully I actually use NDAX for the majority of my holdings and long term spot trades/moves. Almost all of my XRP was on it for the snapshot. I chose NDAX because it seemed to be very much on the up and up and seems to be playing nice with Canadian regulators. 

That said, NDAX doesn't offer margin trading which I like to do with a small side pot for fun. That was what I used Binance for. Will have to consider another exchange like wealthsimple (that seems to be fully approved for crpto trading in Canada) or bitrue (which gets back into the grey area again).

Dodged a bullet here.