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Binance Japan promises the widest token listing of any Japanese exchange – QTX Markets

Binance Japan promises the widest token listing of any Japanese exchange

The full launch of the Japanese division of major cryptocurrency exchange Binance will take place in August. It has become known that at launch the platform will provide the opportunity to trade 34 tokens.

It is not yet known which tokens will be available to Japanese customers. But it is already clear that Binance will provide the ability to trade its own cryptocurrency BNB, with previously Japanese traders not having access to this coin. In addition, the range of 34 tokens will be the widest among all local exchanges, so Binance is hoping for popularity among Japanese traders.

 

Binance CEO Changpeng Zhao expressed his delight at returning to the Japanese market and said that Japanese authorities have created one of the best regulatory regimes towards cryptocurrencies and Web3.

 

In November 2022, Binance bought out Japanese cryptocurrency exchange Sakura Exchange BitCoin in order to roll out its own marketplace based on it. Binance Japan will be fully compliant with the requirements of the Japan Financial Services Agency (JFSA)

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