- The token count at the exchange will rise to 47 after this modification.
- This growth is part of the exchange’s larger mission to provide 100 tokens in Japan.
Binance Japan recently revealed the inclusion of 13 new tokens to its platform for Japanese users. The token count at the exchange will rise to 47 after this modification, which is scheduled for November 27.
Many well-known protocols, such as Near Protocol (NEAR), Optimism (OP), and Arbitrum (ARB), have been included. Binance Japan’s status as a major crypto exchange is bolstered by the addition of these assets to an already robust selection. The list of included tokens are $HBAR, $NEAR, $ARB, $OP, $GRT, $IMX, $RNDR, $MANA, $EOS, $GALA, $APE, $KLAY and $LSK.
Binance Japan highlights the fact that these tokens are already a part of other recognized exchanges in Japan, so they are not just new additions. This means that the Japan Virtual and Crypto Assets Exchange Association may quickly and easily approve them for use in Binance Japan.
Eyeing to Offer 100 Tokens
After recent market departures by Coinbase and Kraken from Japan, this statement is important. As a result, Binance Japan is able to expand its market share and fill the void created by its rivals.
The general manager of Binance Japan, Takeshi Chino, emphasizes this growth as part of their larger mission to provide 100 tokens in Japan. He emphasizes the firm’s dedication to expanding its service options in Japan by drawing on international experience and blockchain technology.
The growth of Binance Japan is remarkable, particularly considering the difficulties of reentering the Japanese market. The debut in August followed the purchase of Sakura Exchange BitCoin in November 2022, renamed thereafter.
After confronting regulatory hurdles in Japan in 2021, Binance has made a return with this approach. The addition of these 13 tokens demonstrates Binance Japan’s continued dedication to offering its consumers a comprehensive and diversified crypto trading platform.
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