- No other local company offers this many tokens on its platform.
- In the beginning of its operations, the exchange will only offer spot trading services.
Binance Japan has revealed details of the opening of an exchange in the country and published a list of 34 coins that will be available for initial trading on the platform, local crypto publication Coinpost reported.
Initially, only spot trading will be available on Binance Japan. The platform will not offer futures trading services for now, as it requires a separate license with strict standards.
Thirty-four tokens will be available for trading, including:
According to CoinPost, the token supply on Binance Japan far exceeds that of its main domestic competitors such as Bitbank (30), GMO Coin (26) and Coincheck (22).
Reminder, the company said in April that the Binance Japan platform will start operating after June 23rd. The exchange announced in July that it plans to launch the full range of services on its platform in Japan as early as August 2023.
The exchange announced that it plans to launch the full range of services on its platform in Japan as early as August 2023.