In a move that marks a turning point for the digital asset world in the region, Binance officially announces the launch of Binance Dubai (FZE) after obtaining a license from the Virtual Assets Regulatory Authority (VARA) in Dubai!
This is the beginning of a new chapter that enhances user trust and lays a stronger foundation for the growth of digital currencies in the UAE and the region as a whole.
🔒 Local regulation = Higher trust for users
With this local license from VARA, Binance is now operating under direct regulatory supervision within Dubai, ensuring the highest levels of security and regulatory compliance for users.
What does this mean for you as a user in Dubai?
✅ Official regulation from a recognized government authority
✅ Access to AED (United Arab Emirates Dirham) transfers easily and quickly
✅ Over 300 digital assets available for trading with all the products you know and trust from the Binance Global platform
🔄 KYC upgrade for Dubai users: A simple step to ensure service continuity
If you are a user in Dubai and received a notification regarding the KYC upgrade (Know Your Customer), make sure to complete the process before April 25, 2025, to avoid any service interruptions.
After completing the upgrade, your account will be automatically transferred from Binance Global to Binance Dubai (FZE), without the need for any additional actions. Yes, everything will remain the same:
📧 Email
🔑 Password
🆔 UID (User ID)
🌍 What about the rest of the users in the UAE?
If you reside in the UAE but outside Dubai, you will currently remain on the Binance Global platform. However, you will also be required to upgrade your KYC to comply with local requirements, paving the way for the next steps.
🚀 The next step starts here
The launch of Binance Dubai (FZE) is not just an administrative change, but a new opportunity to build a more stable and innovative future in the digital asset space within the UAE.
So what are you waiting for?
If you are in Dubai, complete the KYC upgrade now and be part of this exciting new phase!
Let's build the future of digital currencies together, with confidence and under official supervision, from the heart of Dubai to the world.
📌 For more information or assistance with the KYC upgrade, you can visit the Binance help center or contact support directly.