“Binance Japan Adds 13 New Tokens, Expanding Crypto Offerings to 47”

Nov 15, 2023

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Article Summary

Summary:

The article announces that Binance Japan will be adding 13 new tokens to its platform, bringing the total token count to 47. This expansion is part of Binance Japan’s mission to offer 100 tokens in Japan. The new tokens include well-known protocols such as Near Protocol, Optimism, and Arbitrum. Binance Japan highlights that these tokens are already listed on other recognized exchanges in Japan, which may facilitate their approval for use on Binance Japan.

Introduction:

Binance Japan is set to increase its token count to 47 by adding 13 new tokens to its platform. This move is in line with the exchange’s goal to provide 100 tokens in Japan. The inclusion of these tokens, including popular protocols like Near Protocol and Arbitrum, strengthens Binance Japan’s position as a major crypto exchange. Binance Japan emphasizes that these tokens are not entirely new, as they are already listed on other reputable exchanges in Japan.

Main Points:

  1. Binance Japan will add 13 new tokens to its platform, bringing the total to 47.
  2. The inclusion of well-known protocols like Near Protocol, Optimism, and Arbitrum enhances Binance Japan’s offering.
  3. These tokens are already listed on other recognized exchanges in Japan, making their approval for use on Binance Japan potentially easier.
  4. The expansion of token offerings by Binance Japan fills the void left by Coinbase and Kraken’s market departures from Japan.
  5. The general manager of Binance Japan emphasizes their commitment to providing 100 tokens in Japan and expanding service options.
  6. Binance Japan’s growth is notable given the challenges of reentering the Japanese market.
  7. This expansion demonstrates Binance Japan’s dedication to offering a comprehensive and diverse crypto trading platform.

Conclusion:

Binance Japan’s decision to add 13 new tokens to its platform is a significant step towards its goal of providing 100 tokens in Japan. The inclusion of popular protocols and the availability of these tokens on other reputable exchanges in Japan strengthen Binance Japan’s position in the market. With Coinbase and Kraken’s departure from Japan, Binance Japan has an opportunity to expand its market share. The expansion of Binance Japan’s token offerings demonstrates the exchange’s commitment to offering a comprehensive and diverse crypto trading platform to its users.


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