Binance Limits Services to Russian Users

[DAMKAR]

Indeed, if it is a desire, of course they also have to be, consumed doing what they want to do, but obstacles also cannot be avoided. I think you are right.
Of course, there are many ways they can do to avoid tracking the binance to them,
but they also know how to avoid. Maybe for large transactions there will be tighter supervision than small ones. Binance clearly wants to take them seriously about what will be done and there is always a cause and effect on all this.

If the Binance exchange always makes it difficult for its users to trade on its platform, then these traders who have a lot of money will probably leave the Binance exchange. The policies provided by Binance are indeed very good, but if they are too strict it will not be good for the future because it could reduce users on the Binance exchange.

Of course, the dilemma that will be faced with Binance. I really agree and really agree with you, that the method used for making things difficult for users will certainly have an impact in the future, because everyone doesn't want what they are doing to get into trouble, not because of a fair policy.
Even though they may be right in saying that this policy can be said to be very good, they must also think about the impact it will have on other users, because they may not be comfortable with this treatment.

If users are persuaded they will switch to another exchange, that is definitely what will happen. Binance should not make things difficult for users because currently many other exchanges offer convenience.

[pacar_tiri]

If users are persuaded they will switch to another exchange, that is definitely what will happen. Binance should not make things difficult for users because currently many other exchanges offer convenience.

Binance will not lack users because so far only the Binance exchange has a very high demand, Binance has its own policy to keep the exchange safe from some individuals who do have the goal of demolishing Binance.

[Freemind]

Binance will not lack users because so far only the Binance exchange has a very high demand, Binance has its own policy to keep the exchange safe from some individuals who do have the goal of demolishing Binance.

Making certain decisions, such as listening (and obeying) certain governments to limit services to citizens of some countries, can demolish Binance from within, due to maybe incorrect decisions. It is true that Binance has the largest volume, but let us remember that CZ had to step aside so that the problems did not become bigger and more serious.

In the history of cryptocurrencies we have seen exchanges that seemed "untouchable" by market volume. But one after another they have fallen. Binance, one day and for various reasons, may be next. Preventing or making it difficult for the citizens of a country (any country) to use the services of an exchange for political reasons is not just an example of how rotten the world is. It is a sign of servility.

[yohananaomi]

Indeed, if it is a desire, of course they also have to be, consumed doing what they want to do, but obstacles also cannot be avoided. I think you are right.
Of course, there are many ways they can do to avoid tracking the binance to them,
but they also know how to avoid. Maybe for large transactions there will be tighter supervision than small ones. Binance clearly wants to take them seriously about what will be done and there is always a cause and effect on all this.

If the Binance exchange always makes it difficult for its users to trade on its platform, then these traders who have a lot of money will probably leave the Binance exchange. The policies provided by Binance are indeed very good, but if they are too strict it will not be good for the future because it could reduce users on the Binance exchange.

Of course, the dilemma that will be faced with Binance. I really agree and really agree with you, that the method used for making things difficult for users will certainly have an impact in the future, because everyone doesn't want what they are doing to get into trouble, not because of a fair policy.
Even though they may be right in saying that this policy can be said to be very good, they must also think about the impact it will have on other users, because they may not be comfortable with this treatment.

If users are persuaded they will switch to another exchange, that is definitely what will happen. Binance should not make things difficult for users because currently many other exchanges offer convenience.

Competition will continue to grow and this cannot be avoided. Therefore, users must be able to ensure that they do not look elsewhere. If this happens, then it is certain that there will be problems in the future. Making things difficult for users is certainly not good, especially because the demands are not in accordance with the values of what they have been doing by discriminating against other users. Of course, that is not appropriate. Everyone should be treated equally and without exception, whatever situation occurs.

[doc]

If users are persuaded they will switch to another exchange, that is definitely what will happen. Binance should not make things difficult for users because currently many other exchanges offer convenience.

Competition will continue to grow and this cannot be avoided. Therefore, users must be able to ensure that they do not look elsewhere. If this happens, then it is certain that there will be problems in the future. Making things difficult for users is certainly not good, especially because the demands are not in accordance with the values of what they have been doing by discriminating against other users. Of course, that is not appropriate. Everyone should be treated equally and without exception, whatever situation occurs.
[/quote]
I agree with you, all users should be treated equally and fairly. because everyone has the right to do so. Binance can restrict suspicious accounts, but not all accounts are suspect. because the majority of Binance users are people who want to invest and trade there, not criminals. If there are, only a few people and not all of them

[EthereumDev_]

I agree with you, all users should be treated equally and fairly. because everyone has the right to do so. Binance can restrict suspicious accounts, but not all accounts are suspect. because the majority of Binance users are people who want to invest and trade there, not criminals. If there are, only a few people and not all of them

Unfortunately, Binance has a policy that we must follow when we trade on its platform. Usually they will take action for those who make transactions with very large amounts, criminals or not, the exchange cannot even detect it, because we as users can fake the identity we use.

[Freemind]

Unfortunately, Binance has a policy that we must follow when we trade on its platform. Usually they will take action for those who make transactions with very large amounts, criminals or not, the exchange cannot even detect it, because we as users can fake the identity we use.

It is true that users can use fake identities on Binance (and any other centralized exchanges), but with many limitations, and that can be a problem over time. Users can use various VPNs and proxy servers to hide their true IP, but doing so is the beginning of the problem. Exchanges may (at any time) modify their official TOS and increase KYC/AML requirements, requiring users to take photographs with their ID, videos or any other type of documentation, such as telephone bills, to know in which country that user really lives. Users could falsify that documentation, but that would be a crime.

[yohananaomi]

If users are persuaded they will switch to another exchange, that is definitely what will happen. Binance should not make things difficult for users because currently many other exchanges offer convenience.

Competition will continue to grow and this cannot be avoided. Therefore, users must be able to ensure that they do not look elsewhere. If this happens, then it is certain that there will be problems in the future. Making things difficult for users is certainly not good, especially because the demands are not in accordance with the values of what they have been doing by discriminating against other users. Of course, that is not appropriate. Everyone should be treated equally and without exception, whatever situation occurs.

I agree with you, all users should be treated equally and fairly. because everyone has the right to do so. Binance can restrict suspicious accounts, but not all accounts are suspect. because the majority of Binance users are people who want to invest and trade there, not criminals. If there are, only a few people and not all of them

There are always certain criteria and Binance must have reasons and can prevent it from being able to carry out transactions in its place. It is clear that those who trade there are, of course, with good intentions, although there are quite a few who misuse it, but it is certain that many more are for good purposes. Of course, there will be mechanisms that can be implemented by Binance for abuse that deviates from the rules made by Binance.