It is reported that Sakura Exchange Bitcoin Co., Ltd. (SEBC), the Japanese crypto exchange owned by Minoan, announced on the 28th that it plans to launch a new service, Binance JAPAN (working title), after June 23. Details including the start time will be announced later. The personal information registered when opening an SEBC account will not be carried forward and requires a new KYC. In addition, SEBC’s current brokerage services for domestic exchanges will end on May 31, 2011.

Binance JAPAN will open after June 23rd

Introduction

Sakura Exchange Bitcoin Co., Ltd. (SEBC), the Japanese crypto exchange owned by Minoan, has announced its plan to launch a new service named Binance JAPAN. According to the announcement made on the 28th of May, the launch date will be after June 23, and the exact details will follow. However, the personal information registered when opening an SEBC account will not be carried forward, and the users will need to go through a new KYC.
In addition, SEBC’s current brokerage services for domestic exchanges will end on May 31, 2011. In this article, we’ll discuss the details of SEBC’s new service and the reason behind its launch.

SEBC’s New Service

SEBC aims to provide better services to its customers consistently, and this is one of the reasons behind launching the Binance JAPAN crypto-exchange. The new platform will provide more comprehensive and competitive services to the users than the current ones. As a result, SEBC’s users will enjoy a better trading environment and experience.

What is Binance JAPAN?

Binance JAPAN is a new crypto exchange platform that will launch in Japan after June 23. It is a collaboration between SEBC and Binance, which is one of the world’s largest cryptocurrency exchanges. Binance’s expertise in exchange management and security, coupled with SEBC’s experience in Japan-based operations, will make Binance JAPAN a robust and reliable platform for trading cryptocurrencies.

Why Launch Binance JAPAN?

The cryptocurrency market has been growing rapidly worldwide, and Japan is no exception. However, there is a lack of reliable exchange platforms in Japan, where users can invest in cryptocurrencies securely. By launching Binance JAPAN, SEBC intends to fill that gap and offer a reliable and competitive exchange platform to the Japanese crypto users. Binance JAPAN will provide a trading service with an excellent reputation for safety, liquidity, and user experience, to meet the needs of Japan’s crypto market.

Features of Binance JAPAN

The new platform, Binance JAPAN, aims to provide users with the most secure and efficient trading environment. It will have a user-friendly interface and advanced features to make trading smoother and more comfortable. Some of the features of the new platform are:

Security

Binance JAPAN will use industry-standard security measures to protect the users’ funds and personal information. It will also undertake frequent security checks and audits.

Liquidity

The platform will integrate Binance’s technology to provide a robust trading engine, and the users will have access to a massive liquidity pool.

User experience

Binance JAPAN will have a user-friendly and intuitive interface that gives an unmatched user experience. It will also offer advanced charting tools, customizable dashboards, and order placement options.

Personal Information and KYC Process

SEBC’s users will need to go through a new KYC process to access the new platform. The personal information registered on the SEBC’s account will not be carried forward and requires a new KYC process. The users will have to comply with Japan’s AML and KYC regulations when registering for the new platform.

SEBC’s Brokerage Services

SEBC’s current brokerage services for domestic exchanges will end on May 31, 2011. The existing users will still use the current platform until the services end. However, they will need to move to the new platform for any future trading after the launch of Binance JAPAN.

Conclusion

SEBC’s new service, Binance JAPAN, is a collaboration between SEBC and Binance. The launch of this new platform is expected to provide Japanese crypto users with a more comprehensive and competitive trading environment, which is essential for the growth of the Japanese crypto market.

FAQs

1. What is Binance JAPAN?

Binance JAPAN is a new crypto exchange platform that SEBC plans to launch after June 23. The new platform is a collaboration between SEBC and Binance, aiming to offer Japanese crypto users a more comprehensive and competitive trading environment.

2. When is SEBC’s current brokerage service ending?

SEBC’s current brokerage services for domestic exchanges will end on May 31, 2021.

3. What will happen to the users’ personal information registered with SEBC?

The personal information registered when opening an SEBC account will not be carried forward, and the users will need to go through a new KYC process to access the new platform.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/19565.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.