How did Binance manage to provide services to crypto traders in Iran despite the limitations?

1 answers

• Dec 27, 2021 · 3 years ago
  Despite the limitations, Binance managed to provide services to crypto traders in Iran by leveraging its expertise and global network. As a leading cryptocurrency exchange, Binance has established strong relationships with regulatory bodies and financial institutions worldwide. By leveraging these connections, Binance was able to negotiate with Iranian authorities and obtain the necessary permissions to operate in the country. This allowed them to provide a secure and regulated platform for Iranian traders. Additionally, Binance implemented advanced security measures to protect user funds and prevent unauthorized access. This commitment to security and compliance helped build trust among Iranian traders, making Binance the go-to platform for cryptocurrency trading in Iran. Overall, Binance's strategic partnerships and dedication to user security were key factors in their ability to provide services to crypto traders in Iran.
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