Binance in Japan will add 13 new tokens for trading and earning cryptocurrency starting in November. 27, as of November. 15 comments were posted on CryptoSlate.
This change makes the exchange offer more tokens, going from 34 to 47. It now has the biggest variety of tokens in Japan. According to the announcement, the exchange will put crypto assets like Hedera Hashgraph (HBAR), Near Protocol (NEAR), Optimism Network (OP), Immutable X (IMX), and Arbitrum (ARB) for sale.
Other things that will be included on the list are ApeCoin (APE), Klatyn (KLAY), Lisk (LSK), The Graph (GRT), and Render Token (RNDR).
Binance Japan said that 13 tokens are already available on other approved platforms in Japan. The company said that these possessions were considered acceptable after being evaluated by the Japan Virtual and Crypto Assets Exchange Association (JVCEA).
Takeshi Chino, who is the CEO of Binance Japan, mentioned:
“This is another important move in our goal to provide 100 tokens in Japan. ” Binance is very dedicated to helping Japan become a leader in using Web3. We will keep working to improve our services in Japan by using our worldwide knowledge and our top blockchain technology.
In August, Binance started doing business in Japan again. They became regulated by the Japan Financial Services Agency after buying Sakura Exchange BitCoin (SEBC), a registered crypto exchange service provider, in 2022.
At the same time, Binance is growing in Japan as big companies like Kraken and Coinbase left earlier this year.
Japan is one of the few countries that has kept very strict rules about cryptocurrency. The rules were really important in protecting the money of FTX Japan’s customers from their parent company going bankrupt.