Binance, Exchanges

Can You Use Binance in New York?

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not currently available to users in New York. The exchange has been banned in the state since April 2019, when the New York State Attorney General’s office filed an injunction against the exchange.

The injunction was filed on the grounds that Binance was operating in New York without obtaining the proper licenses from the state. Binance had been allowing users to trade cryptocurrencies on its platform without following the proper regulatory procedures.

NOTE: WARNING: Binance is not currently available in New York. Use of Binance in New York is prohibited and may result in legal consequences.

The Attorney General’s office also alleged that Binance had been serving as a conduit for money laundering. The exchange was allowing users to buy and sell cryptocurrencies without verifying their identities, which made it possible for criminals to use the platform to launder money.

Binance has since stopped serving customers in New York. The exchange is no longer available to users in the state.

If you’re a New Yorker who is interested in trading cryptocurrencies, you’ll need to use a different exchange. There are a number of exchanges that are available to users in New York, such as Coinbase, Kraken, and Bitfinex.

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