I'm sorry, I'm not quite sure about the current situation of Binance's acceptance in China. Cryptocurrency and blockchain technology are rapidly evolving fields, and regulations and policies can change frequently. Therefore, it is important to keep up with the latest news and developments in this area.
If you are interested in Binance's services in China, I suggest you contact their official support team or refer to their official website for the most accurate and up-to-date information. Additionally, you can also consult with local financial regulators or legal professionals to understand the legal and regulatory framework in China related to cryptocurrencies and blockchain technology.
Remember, investing in cryptocurrencies involves significant risks, and it is important to conduct thorough research and due diligence before making any decisions.
6 answers
lucas_jackson_pilot
Sat Mar 30 2024
Binance, a leading cryptocurrency exchange, clearly states on its website that its services are not intended for mainland China or Hong Kong.
BitcoinBaroness
Sat Mar 30 2024
Despite these warnings, some mainland Chinese users are determined to use Binance, finding workarounds to circumvent the know-your-client (KYC) provisions.
Maria
Fri Mar 29 2024
KYC provisions are designed to prevent illegal activities such as money laundering and terrorist financing by verifying the identity of customers.
FantasylitElation
Fri Mar 29 2024
Mainland Chinese users have found various methods to bypass these KYC requirements, allowing them to access and use Binance services anonymously.
ShintoBlessed
Fri Mar 29 2024
One workaround involves using virtual private networks (VPNs) to mask their IP addresses and appear as if they are accessing Binance from outside of China.