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What country can you use Binance?

While Binance doesn't have a detailed list of supported nations, it does have a list of specific features allowed for certain countries. For instance, the exchange has a list of countries that it supports for crypto to fiat withdrawals. This includes the UK, Belgium, France, Germany, Italy and others.

In Germany, cryptocurrency is considered Privatvermögen or “private money.” This means that while crypto is not legal tender —vendors are not required to accept it— your cumulative profits are tax-free as long as they are under 600€.

France is to allow Chinese-owned crypto exchange Binance to operate in the country , showing Europe's leadership on crypto regulation.

Binance was set up in 2017 in China by Mr. Zhao, a Chinese native who moved to Canada in his teens. Two months after Binance's creation, China banned crypto exchanges, forcing Mr. Zhao and his team to move to Japan. In 2018, they left Japan after the country's financial regulator said the company had no license.

What countries is Binance legal in?

While Binance doesn't have a detailed list of supported nations, it does have a list of specific features allowed for certain countries. For instance, the exchange has a list of countries that it supports for crypto to fiat withdrawals. This includes the UK, Belgium, France, Germany, Italy and others.3 days ago

Since the 2019 introduction of Binance.US, the international Binance has faced regulatory scrutiny. For example, regulators in the U.K. and Italy have banned Binance from operating in their countries, while officials in Hong Kong and Japan have warned investors about the exchange.

For instance, the exchange has a list of countries that it supports for crypto to fiat withdrawals. This includes the UK, Belgium, France, Germany, Italy and others.3 days ago