Binance Japan Expands Crypto Playground with 13 New Trading Pairs


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.

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You May Ask

What is Binance's strategy for capturing the Japanese market?How many tokens does Binance Japan currently handle?Which tokens have recently been added to Binance Japan's platform?In which country is Binance planning to establish a major presence through a joint venture?

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