Binance Japan Expands Crypto Playground with 13 New Trading Pairs
Bitcoinist
17 Nov 2023 8:00 PM
Leading cryptocurrency exchange Binance is putting itself in a position to take control of the Japanese market....
- Binance is aiming to take control of the Japanese market and expand its services in Japan.
- The company acquired the Sakura Exchange Bitcoin trading platform and is integrating Sakura users into its platform.
- Binance will no longer accept Japanese residents on its global site and will focus on Binance Japan.
- Binance Japan aims to list "100 tokens" on its platform and increase the number of cryptocurrency pairings.
- The regulatory landscape in Japan has become more favorable for crypto and Web3 sectors.
- Binance Japan currently handles 47 coins and has added tokens like NEAR, EOS, KLAY, and HBAR.
- Binance is also expanding outside of Japan, with plans for a major presence in Thailand through a joint venture called Gulf Binance.
The sentiment of the article is generally positive, highlighting Binance's efforts to expand its presence in Japan and other markets.