Crypto Futures trading

Binance DEX Blocks User Access From 29 Countries

The decentralized exchange Binance DEX has blocked user access from 29 countries. As of now, there is no clarification from the exchange regarding this move. The blocked countries include the US, Albania, Belarus, Bosnia, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, the Crimea region of Ukraine, Croatia, Cuba, Herzegovina, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova, Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe.

Anyone from the above nations trying to access the Binance DEX will see a pop-up message. It says that their IP address happens to be from the blocked countries. It lists out the name of the blocked regions. The pop-up also mentions that trading and accessing the wallet interface through the official website will not be available from the 1st of July, 2019.

However, the message also lists out some wallets that users can use as an alternative for managing the digital assets. These wallets support the Binance Chain mainnet. Last month, Binance was hit by hackers who stole 7,000 bitcoins. The exchange remained non-operational for a few days.