Binance to Cease Offering Spot Crypto Trading in Singapore

Cryptocurrency exchange Binance yesterday announced that it will cease fiat deposit services, spot trading of cryptocurrencies, the purchase of cryptocurrencies through fiat channels and liquid swap in Singapore from October 26, 2021.

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Users in Singapore are advised to cease all related trades, withdraw fiat assets and redeem tokens by Wednesday, October 26th, to avoid potential trading disputes.

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A week ago, Binance announced that it will cease offering futures, options, and leveraged tokens to existing Australian users​. The exchange recently announced that it will delist and cease trading on all trading pairs for Populous (PPT) and Swerve (SWRV) tokens on September 30 2021.