Cryptocurrency Q&A
Is Binance illegal in Canada?
Is Binance illegal in Canada?
Daniela
Fri Mar 29 2024
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6 answers
1424
I'm a bit confused about the legal status of Binance in Canada. I've heard some conflicting reports about whether it's legal or not. Could you please clarify this for me? I'm considering using Binance for some of my crypto transactions, but I want to make sure it's legal in my jurisdiction before I proceed. Thank you for your help.
6 answers
Caterina
Sun Mar 31 2024
Canadian users cannot fully verify their Binance accounts without a non-Canadian ID.
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BitcoinBaroness
Sun Mar 31 2024
Binance withdrew from Canada in May 2023 due to regulatory challenges.
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CryptoNinja
Sun Mar 31 2024
Therefore, Binance is not legal in Canada.
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noah_harrison_philosopher
Sun Mar 31 2024
Accessing Binance from Canada requires the use of a VPN.
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DreamlitGlory
Sun Mar 31 2024
BTCC is a UK-based cryptocurrency exchange.
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