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Unavailability of Futures and Derivatives Products in Germany, Italy, and the Netherlands

Binance
2021-07-30 09:00
Fellow Binancians,
As the crypto ecosystem evolves globally, we are continually evaluating our products and working with our partners to meet our users’ needs.
As such, Binance will wind down its futures and derivatives products offerings in Germany, Italy, and the Netherlands. With immediate effect, users from these countries will not be able to open new futures or derivatives products accounts. With effect from a later date to be announced in a further notice, users from these countries will have 90 days to close their open positions.

Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures. To learn more about how to protect yourself, visit our Responsible Trading resource page.

Thanks for your support!
Binance Team
2021-07-30
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Note: This announcement was last updated on 2021-07-30.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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