Binance hires derivative services for South African users

Binance users based in South Africa have time to manually close their derivative positions by January 6th next year, as the stock exchange sets these services. This is the latest measure of the world's leading crypto trading platform in their efforts to comply with the local regulatory authorities. As announced on October 8, Binance made its attention to its South African customers that they will no longer offer any derivative services. More specifically, it is the trade of futures, options, margin and leveraged tokens. From now on, users based in the African nation are not entitled to open new accounts for these products. Existing customers have 90 days ...