News and resources on digital currencies, crypto assets and crypto exchanges worldwide.

Binance Japan launches a dedicated platform for local residents

Source: Binance

Binance Japan, a subsidiary of Binance, which is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has announced its launch of a local dedicated platform (binance.com/ja) to start onboarding new customers in Japan.

For existing customers in Japan who have global Binance accounts, a separate notice will be provided to initiate the migration process after August 14th.

Binance entered the Japanese market by acquiring the local licensed crypto exchange service provider SAKURA Exchange BitCoin, Inc. (SEBC) in November last year. Since then, they have been working closely with relevant stakeholders and industry associations to prepare to build the Web3 ecosystem in Japan in a fully compliant manner.

The launch of a new platform dedicated to Japan residents (binance.com/ja) will be a major step forward in their mission to build a sustainable Web3 ecosystem in Japan. As part of this new chapter, SEBC has changed its business name from SAKURA Exchange BitCoin, Inc. (SEBC) to Binance Japan Inc.

At the time of launch, new customers in Japan can access a suite of services that consists of spot trading, Earn products, and NFT marketplace. Binance Japan aims to provide derivatives services in a locally compliant manner in the future as part of their effort to enrich service offerings in Japan. With spot trading, they are bringing 34 tokens to customers in Japan as a first step, including BNB (Build and Build), which will be available in Japan for the first time.

Binance is the world’s leading blockchain infrastructure provider, and are thrilled to offer our suite of services to new customers in Japan.

Comments: (0)