BNB
by BSCN
October 1, 2022
Binance is set to offer Kiwis spot trading, NFTs trading, staking, and many more services with its new permit.
Leading cryptocurrency exchange Binance has registered and obtained a permit to operate as a financial service provider in New Zealand.
Registered as Investbybit Limited and trading under the name of Binance New Zealand, the permit allows the company to offer a wide range of financial services, including spot trading, NFTs, staking, and more.
“It’s easy to overlook as it’s a smaller market but we see significant value in having a serious New Zealand presence,” Binance CEO Changpeng Zhao (CZ) said in the blogpost.
Newly appointed General Manager of Binance New Zealand Ben Rose noted:
“Having the world’s leading crypto business registered to operate in New Zealand not only means access to the lowest trading fees. It also means Kiwis can expect to have access to many exciting global product and service innovations happening in this space.”
The registration in New Zealand comes after Binance obtained registrations in France and in Spain, and other nations with varying permits, as the exchange continues to expand its reach.
Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume.
Where to find Binance:
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