Binance, the world’s largest cryptocurrency exchange by trading volume, is now available in Canada. The exchange made the announcement on its official blog on Thursday, March 28.
The move comes as the latest expansion by Binance, which has seen rapid growth since it launched in 2017. The exchange has now expanded its services to over 180 countries.
The launch of Binance in Canada is significant as the country is home to some of the world’s largest cryptocurrency companies and exchanges. These include QuadrigaCX, Coinsquare, and Kraken.
Binance will offer Canadian users the same features that are available to users in other countries. This includes the ability to trade cryptocurrencies, use the Binance Coin (BNB) token, and participate in Initial Coin Offerings (ICOs).
The launch of Binance in Canada is expected to increase competition among cryptocurrency exchanges in the country. It also provides Canadian users with more choice when it comes to selecting an exchange.
The availability of Binance in Canada is a positive development for the cryptocurrency industry as a whole. It shows that the exchange is committed to expanding its reach and growing its user base.