What is a Binance?
Binance is a cryptocurrency exchange where users may buy, sell, and trade various digital assets such as Bitcoin, Ethereum, and a variety of other altcoins. Changpeng Zhao started it in 2017, and it has quickly grown to become one of the world’s largest and most popular exchanges.
Binance has an easy-to-use trading platform, cheap fees, and a variety of features including margin trading and staking. Binance Coin (BNB), the exchange’s native cryptocurrency, can also be used to pay for trading fees and other services on the platform.
Binance Offices In South Africa
Address: V & A Waterfront, Cape Town, Cape Town, Western Cape, South Africa
Phone number:021 408 7600
Where does Binance have offices?
Binance was initially based in China, then moved its headquarters to Singapore shortly before the Chinese government imposed regulations on cryptocurrency trading.
Binance subsequently left Singapore in late 2021 and after that, had no official company headquarters. Binance Holdings Ltd.
Is Binance trading legal in South Africa?
Crypto giant Binance operates globally – including in South Africa, making it a popular choice for both advanced and new crypto investors.
How long does it take to withdraw from Binance to a bank account in South Africa?
Binance is pleased to announce that users in South Africa can now enjoy express South African Rand (ZAR) withdrawals to their bank accounts.
All ZAR withdrawals initiated during the following bank processing hours will now be processed and reflected in users’ bank accounts within 20 minutes to an hour.