Cyprus residence & Binance account

[bab00n]

Hi everyone,

can someone please help me out with these questions: does Binance currently offer their services to Cyprus residents (individual & Limited)? If yes, are there restrictions on derivatives trading or p2p?

I read a lot about Binance withdrawing from their Crypto License application with CySEC in 2023 but get contradicting answers on the practical implications.

Thanks in advance!

 

[forward]

yes they should, cause CY is part of EU as long as you're not in the Northern CY... what's your end goal with Binance and what are the amounts ?

 

[bab00n]

Binance services differ among EU countries. Some EU countries are blocked and for some certain products such as leveraged and derivatives trading are restricted. The goal ist to trade on Binance with in Cyprus after moving there or - for now - finding out if they allow Cyprus residents to register at all. Binance is absolutely awful in providing an overview of countries they actually operate in including the restrictions that apply.

 

[brianK]

If Binance don't work for you, use Kraken, I find kraken better anyway!

 

[forward]

or Bitmex\Derebit if it's a futures\options