🚨Binance to move UAE resident account holders to Binance FZE🚨

💥Binance has received a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA) for its local exchange in Dubai, Binance FZE.

💥There will be an account transition for all UAE residents from the Binance Global Exchange to the VARA-regulated Binance FZE exchange.

💥To meet onboarding requirements, all UAE resident users will gradually be contacted via email to update their KYC information by submitting certain documents by the KYC deadline (2024-12-15).

💥The transition process will not affect users’ current account access and they can continue to use products and services already available on Binance’s Global Exchange until 2024-12-15.

💥After this date, the user’s account will transition to Binance FZE, but the login credentials (email & password) and UID number will remain the same.Users are reminded to update their KYC information at the earliest to avoid the restriction of their account to withdrawal only.

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