Will binance and OKEX exchange close?

[KevenDabid]

It seems that China intends to further crack down on the cryptocurrency market, while binance and OKEX are both Chinese exchanges, and the founders are all Chinese. I am very concerned about whether the exchange will be closed.

[secondgarlic]

According to the news, in the current state, China is considering to ban domestic access to these exchanges; so if the ban goes through, these exchanges shouldn't be accessible from China, but for the rest of the world everything should be hopefully OK.

[afni21041506]

i didnt think so.
since popuarity of those exchange is strong.
with internal coin goes famous too.
cmiiw

[mstfprcn]

binance have more than 6 million users so it is very hard to close this kind of exchanges,i thought they have b-c-d plan every kind of problem about this kind of actions.

[Menezes]

It seems that China intends to further crack down on the cryptocurrency market, while binance and OKEX are both Chinese exchanges, and the founders are all Chinese. I am very concerned about whether the exchange will be closed.

i don't think binance is based in china

[Dart18]

Their record of 240,000 users registered in just 1 hour tells it.
It cannot be closed easily because of its popularity.
Maybe the Chinese government could just use this to make money for themselves since trading website creates a lot of money than the trader inside it. 

[Crown1]

Binance now has a large number of users and is no longer Chinese, so there is no need to worry about this. Now binance's whole team and company are in Japan, not China. So how can you say that Binance is Chinese?

[prototype40]

6 milion of people are registered and using Binance, I don't think it's going to be easy to close such a big exchange. Maybe only the Chinese citizens won't be able to access it.

[yunuzov]

Especially binance grew a lot recently and it’s a giant exchange now. It would be harder to take actions against that kind of exchanges but we are talking about China so i don’t know how their governments think about crypto generally. I hope they will let their people use these all aspects of crypto.

[lanax]

Binance and Okex exchanges will not close, maybe they will be banned in China and some another countries but there are still a lot of users from all around the wordl. They can just move servers and office to another place and work .
I think so.

[jamiebear]

I don't think that Chinese government will be able to close such exchanges as Binance. It's one big exchange now and will continue to grow overtime.

[Daddyj2]

They Won't close. If China ban crypto exchanges they will just move to another country and do their operations there as they make a lot of money on this business.

[renes]

No they will not be closed, also that is not important if even they are closed. Because there will be other alternatives once they close.

[huzurkan]

i think binance will not close. it is very big exchange in the crypto world. It is managed according to the rules of China.

[drunkcoin]

Although there are some risks I don't think that there will be some disaster. These exchanges can be shut down for a while, then relocate and open again. Relocating company's registration is not hard, but takes time. So, no worries and patience.

[Gogochen]

I think so, too, they will not be close, because seems binance the work the team is now in Japan, and Japan exchange cooperation, OKEX seems to work in Hong Kong, China, however, so I think OKEX can be dangerous.

[Vit83]

This fact 1000% will be used for market manipulation;) After new BTC pump at  ATH China again will try to ban something)

[Ereun]

China intends to close all Bitcoin markets (last September). The virtual currency is banned by the Bamboo Curtain because it is considered dangerous.but the reality does not close the market there.
We hope it does not happen and there is always a solution to every problem that arises.

[konfuci]

I have not heard any updated news about closing!!

[Mikel Lejarza]

It is true that no news has been received about China closing these exchanges, so I don't think it is very necessary to worry about this.