Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Binance Bahrain to Serve South African Derivatives Users
ADOPTION NEWS

Binance Bahrain to Serve South African Derivatives Users

By Crypto FlexsSeptember 3, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Binance Bahrain to Serve South African Derivatives Users
Share
Facebook Twitter LinkedIn Pinterest Email

Wang Long Chai
03 Sep 2024 14:45

Binance Bahrain BSC(c) now serves South African derivatives users, complying with local regulations.





As a measure to comply with local regulatory requirements, Binance Bahrain BSC(c) is now the entity providing derivatives services to South African residents. According to an official announcement from Binance, this transition is part of Binance’s efforts to comply with regulatory obligations.

Impact on South African Derivatives Users

South African users using Binance’s derivatives products will need to register a new account with Binance Bahrain and agree to its terms and conditions. Users will also need to resubmit all required Know Your Customer (KYC) documentation to comply with Bahrain’s regulatory requirements.

What it means for Binance

This strategic shift will allow Binance to continue serving its South African user base while remaining compliant with local regulations. Binance Bahrain is licensed as a Tier 4 Crypto Asset Service Provider by the Central Bank of Bahrain, which allows it to offer cryptocurrency exchange and custody services.

Binance’s move to Bahrain for its South African operations comes amid increased regulatory oversight worldwide. Binance seeks to align its operations with the local legal framework to ensure continuity of service without legal disruption.

Please refer to the official announcement for more details.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025
Add A Comment

Comments are closed.

Recent Posts

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025
Most Popular

A stock market rally could benefit Bitcoin as its correlation with the Nasdaq 100 strengthens.

June 6, 2024

Charting the Course for the Future of Decentralized Platforms

July 29, 2025

BTC price focus shifts to $69,000 as Bitcoin challenges 8-month downtrend.

October 18, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.