Africa

Crypto exchange Binance ends derivatives trading and other offerings in South Africa

18 days ago   |   By Business Insider

Changpeng Zhao, CEO of Binance.
REUTERS/Darrin Zammit Lupi
Binance said users in South Africa will no longer be permitted to trade derivatives, effective immediately.
Binance will cease offering futures, options, margin, and leveraged trading.
Users have until January 6 to reduce and close their positions while new users will be restricted from opening new accounts.
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Cryptocurrency exchange Binance announced Friday that users of its platform in South Africa will no longer be permitted to trade derivatives, effective...
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