Binance CEO Comments About No Geoblocking Policy at Binance DEX, Says VPNs are Essential

Yahoo Finance! reported that Binance’s decentralized exchange blocks access to users in 29 countries. Those who try and access the website may be informed of a restriction that states:

“It seems you are accessing from an IP address belonging to one of the following countries: USA, 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, or Zimbabwe.”

The restrictions are expected to take effect on July 2, 2019. Some have taken this to mean that Binance DEX is also blocking users from access. However, Changpeng Zhao clarified on Twitter,

“The message being passed is wrong. (the website) blocks certain countries; DEZ (the blockchain) does it, it can.t. And there are plenty of wallets support trading on DEX directly. Website ≠ Blockchain.”

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