Why is Binance not on App Store? (2024)

Why is Binance not on App Store?

The Ministry of Electronics and Information Technology (Meity) issued show-cause notices to Binance, Kucoin, Houbi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex for not complying with money laundering laws. These apps are likely to be removed from Google Play Store as well.

What happened to Binance app?

Despite removing the Binance app from Google's Play Store in India, the cryptocurrency exchange has taken steps to reassure its existing users. Binance South Asia addressed the app blockage through a post on X (formerly Twitter), acknowledging the situation and emphasizing the safety of users' accounts and funds.

Why is Binance removed from Play Store?

The notices highlighted concerns that these platforms were operating without proper permissions and not following the necessary anti-money laundering laws. The FIU not only sought explanations but also suggested to the IT ministry to block the website addresses (URLs) of these platforms.

Why is Binance not showing in Play Store?

In India Binance app has removed from Play Store and banned URL . Existing App is working well so don't worry .

Is Binance app available on IOS?

You might be finding it difficult to trade or track your coins/orders/portfolio if you're using web version of binance. Binance has Android and IOS app available with all the features it provides on web.

Is Binance removed from Apple Store?

Apple has removed Binance, Kucoin, and OKX from its App Store in India after a show-cause notice was sent to nine virtual digital asset (VDA) service providers by the finance ministry.

Why is Binance suspended?

Binance will suspend its services for Nigeria's fiat currency, the naira, due to an ongoing regulatory conflict in the country. Binance, a cryptocurrency exchange platform, was accused of exploiting Nigeria's currency, the Naira, causing its value to plummet.

Where to download Binance app?

What can I use instead of Binance?

Is Binance available in Play Store?

ET on Saturday reported that the government had barred Indian users' access to web platforms of foreign cryptocurrency exchanges and virtual digital asset service providers such as Binance, Kucoin and OKX. The electronics and IT ministry had then also issued orders to take down the Android apps of these platforms.

How do I download Binance iOS app?

1. Open the App Store application, log in with the newly registered Apple ID and password. 2. Upon successful login, click on "Search," type in "Binance," and click on "Get."

Why is Binance app not working on my phone?

Sometimes, the app not working might be due to server-side issues. Check for updates: Ensure you have the latest version of the Binance app installed. Visit the Google Play Store (for Android) or the App Store (for iOS) to check for updates. Update to the latest version, if available.

Does Apple support Binance?

Alternatively, Binance is an option for users who are seeking to purchase crypto with Apple Pay. for this, you will need to follow similar steps to Coinbase users, by logging into your account on an iOS account.

Is there a Binance app for USA?

The platform is available on both Android and iOS. The Binance app allows users to buy, sell, and trade Bitcoin, Ethereum, Litecoin, and other digital currencies. The app also allows users to trade Binance Coin, the company's cryptocurrency. The app is available to download from Google Play and the Apple App Store.

Is Binance iOS app safe?

Binance is generally considered one of the most secure cryptocurrency exchanges. It has implemented various security measures, including two-factor authentication, real-time monitoring, and encryption. However, the platform has a history of security breaches.

Where is Binance not allowed?

Unfortunately, Binance.US accounts are currently NOT available to users residing in the following states/regions: Alaska. American Samoa. Hawaii.

Did Apple remove crypto exchanges?

Last week, Apple removed three offshore crypto exchanges such as Binance, Kucoin and OKX from its App Store in India. The Ministry of Electronics and Information Technology (Meity) issued show-cause notices to these crypto apps on December 28, 2023, for not complying with the country's money laundering laws.

Why is Binance banned in usa?

Without an effective AML program, Binance caused transactions between U.S. users and users in jurisdictions subject to U.S. sanctions. These illegal transactions were a clear and foreseeable result of Zhao's decision to prioritize Binance's profit and growth over compliance with the BSA.

Why is Binance not allowed in US?

The reason why US citizens are not allowed on Binance in the USA is due to regulatory compliance. Binance, as a cryptocurrency exchange, must adhere to the regulations and laws set by different countries, including the United States.

Why is Binance not legal in US?

The SEC alleges that Binance and its U.S. arm, along with Zhao, have been operating as unregistered broker-dealers, violating the Securities Act of 1933 and the Securities Exchange Act of 1934.

What is the real Binance app?

Used by over 150 million users worldwide, Binance is the largest cryptocurrency exchange* in the world. Trade over 350 listed cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). Track the market using price alerts and trade with advanced trading tools.

How do I install Binance on my phone?

How to install the Binance mobile application? To download the app, go to the appstore and search for 'Binance' then tap 'Install'. Make sure you download the official Binance app. The app is available on both IOS and Android versions.

Is there a Binance Android app?

If you want to buy and sell cryptocurrencies securely from your smartphone, you can download the Binance APK.

Is Binance trustworthy?

Is Binance Safe? The bottom line is that Binance is a very safe crypto exchange (with some caveats). It keeps the vast majority of its crypto in “cold wallets” that are not connected to the internet. This limits losses in case of a hack and makes it unlikely that an attack will cause Binance to become insolvent.

Should I use Binance or Coinbase?

Binance, with its extensive cryptocurrency offerings, low fees, and advanced features, is a haven for seasoned traders. Coinbase, on the other hand, offers simplicity, security, and accessibility, making it an excellent choice for beginners.