Binance is one of the leading crypto exchanges in the world and is now available in a majority of the countries. Not only is it a great place to track crypto charts but also a great one to buy and sell it. It is a global leader and the de facto exchange for many crypto enthusiasts.
Adding more laurels to its ever-growing list of accomplishments, Binance recently got the Category 4 license awarded to them by Central Bank of Bahrain. This means that the exchange will now be able to add more services to its roster for the country and its crypto enthusiasts.
They were awarded a preliminary license in December and in March a full license. The level 4 license will let Binance add crypto-asset exchange services to their app and website.
In 2021 the crypto exchange was targeted by the UK, Japan, and Israel for having no buyer protection in case the cryptocurrency goes to 0. Since then Binance has established bases in Abu Dhabi and Dubai. They are also now operating as a broker-dealer in the UAE on provisional approval.
With the growing popularity of crypto and more and more countries warming up to them, Binance is doing everything in its power to be the first one there. They have also been great at complying with local laws and have set an example for all the crypto exchanges to follow.
If you have been planning to buy crypto then right now is the best time to do so.
