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Author Topic: Will binance and OKEX exchange close?  (Read 526 times)
KevenDabid (OP)
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January 21, 2018, 03:09:24 AM
 #41

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.  Grin
To be honest, the Chinese government has no control over the exchanges.
The Chinese government is unable to obtain real data, let alone impose restrictions on these exchanges, even if the data and bills are not available. Grin

Hui Ling
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January 21, 2018, 03:14:26 AM
 #42

for now and up to 5 years in the future I think okex and binance will still survive (my prediction), because the user of this is exchange is very much so it is difficult to make the exchange is closed.
hdtqisg
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January 21, 2018, 03:24:54 AM
 #43

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. Huh
No one can be sure! The exchange works very well but after the exchange, you should withdraw all your coins to your destop wallet! To be safe when policy changes!
cryptodevs
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January 21, 2018, 07:49:44 AM
 #44

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. Huh
Ive heard binance were transfered to hongkong so dont worry mate,binance is safe to use as of now.
Guryon_master
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January 21, 2018, 09:41:25 AM
 #45

Millions are registered in binance and the token is climbing on top so I believe this one is far from the true. Sometimes news is purposely created to drag down What is on top.  Smiley

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zzzatochi
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January 21, 2018, 09:47:34 AM
 #46

They will find a way to avoid this such as moving office and servers aboard, like in 2017 09.
MostafaGamal
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January 21, 2018, 10:00:26 AM
 #47

This is difficult because the platform is not only for China, but for the whole world, so the exchanges will find a way if it blocked to continue , also i think chain's people will find a way to access the exchange
miklesm
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January 21, 2018, 10:11:54 AM
Last edit: January 22, 2018, 07:39:16 AM by miklesm
 #48

I don't think that such huge exchanges can easily be closed. Also I heard that Binance is not from China, so we shouldn't worry about it's closing.
Dedok
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January 21, 2018, 10:42:16 AM
 #49

As far as I know, changes can only affect China. In the rest of the world, the changes will be minimal.
snowbubble
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January 21, 2018, 10:46:08 AM
 #50

i think binance is in Hong Kong located and its like malta in eu, offshore zone, so mainland chinese laws are not  working there, i hope we will continue to enjoy its service.
elyas772
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January 21, 2018, 11:12:19 AM
 #51

i think they wouldn't, as long as we still can access it even China can't, it will not stop them, especially Binance already be a big market with their daily volume, the owner wouldn't close it

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rejosh
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January 21, 2018, 11:40:06 AM
 #52

Binance is not based in china so we are safe. I think okex is Hong Kong they have different rules than mainland china.   


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KryptoKai
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January 21, 2018, 11:40:30 AM
 #53

If they find a way to regulate and close down the binance exchange i suggest that people start to dump the BNB binance coins which will be worthless without the binance exchange itself! I don't actually think it is possible to shut it down but you never know as there is a lot of regulation happening over in east asia right now.

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