When it comes to cryptocurrency trading platforms, Binance has gained a reputation for being one of the most reliable and secure in the world. People from all over have flocked to this exchange to get involved in digital asset trading. However, one question that many people have been asking is when will Binance be available in Texas? In this blog post, we’ll cover what we know about when Binance might become available for stateside use and other important information related to this topic. Keep reading if you’re interested in finding out more!
So, When Will Binance Be Available in Texas?
Binance is prohibited in Texas due to disagreements between the organization and American officials. Nonetheless, many Texans remain keenly interested in using this service; fortunately for them, Binance.US is permissible throughout most of the United States—Texas being a notable exception. Crypto advocates are aggressively pushing to bring back access to Binance within their own state borders.
Binance.US offers many of the same features as its predecessor, Binance, but with a few significant differences regarding cryptocurrency availability and fees due to American regulations. Despite these discrepancies, their operation is nearly identical. As cryptocurrencies become increasingly popular throughout the United States, more states are overturning previously set bans on Binance.US at an exponential rate – from 13 originally banned states down to only four remaining!
Binance is still banned in Texas as of the beginning of 2023, and no news or source shows that it will open in the future. On the other hand, If Texas investors want to use Binance or Binance.US, they can use a Virtual Private Network (VPN) to bypass their state’s restrictions and access the exchange. However, VPNs cost money, and there is no guarantee that your finances will be secure, even with a private network.
We Currently Don’t Know When Will Binance Be Available in Texas…
So, when will Binance be available in Texas? We don’t know. Ultimately, it is a waiting game for Binance users in Texas. We can only keep our fingers crossed and hope that the world-reputed trading platform comes to our State soon. Despite all this uncertainty, there is an upside to being in Texas. Several other exchanges offer excellent services here, and Texans can still access the same digital asset trading options found at Binance.