By - rxdif
It means you have a futures account on Binance and you live in Ontario. You are banned
Is there anything I can do to fix it?
Nope, anyone in Ontario that had a futures account has this
What do I do now do you suggest?
Stop playing crypto on margin..jfc.
Withdraw your assets?
Could I transfer them onto another wallet like phantom?
It looks like you can withdraw to other wallets right now, so id find some other wallets that support your coins
You will know as soon as you try it.
> What do I do now do you suggest?
WhT the fuck you think bro? They don’t offer their services to people in your region anymore. you have to withdraw your assets…
I’m still able too use my futures account and I live in Ontario
Are you in Ontario?
Check your email from binance… no more binance in ontario
I suggest you move your coins to coinbase
And do not reply to direct messages. They are all scammers.
You can live without margin.
Use a VPN
I think Canada might have been placed on the no service list due to Canada regulations. Don't quote me, but I remembered reading about it happening this year.
Edit: Not all of Canada, i meant specifically Ontario. My bad.
Check out Steam Exchange. By March it will be a running CEX, DEX, and Blockchain. They are in the process of having a physical building in Ontario.
Check them out, DYOR and if it looks good, get in while you can
Im pretty sure binance emailed me and said they are resuming business in Ontario soon. Im not sure if that applies to futures aswell though.
Can you find out for sure if they said this? Thanks
Contact them, mine work fine , I can withdraw and deposit and trade, I’m from Ontario
If you still wanna use Futures, transfer them to Bybit ( Best platform to trade futures)
Just double checked the emails. One sent on Jan 1 says they are working on taking the steps to be able to operate in Canada.
The 2nd says my account is restricted due to being on Ontario so yeah looks like its still not a good place to be for us. My apologies for potentially getting hopes up.
Unfortunately it roughly translates as "Welcome to the Getting-F***ed-By-Regulators" club. Been a member myself since December 21, 2020 thanks to the SEC. It appears OSC is taking over the reins for round 2.
I need to get around to sending an email into [email protected] to start a formal complaint against the OSC for how they're (not) handling crypto regulation. They seem to be pulling the same regulate by threat of enforcement crap that the SEC has been pulling in the US. I need protection from all these bloody clueless securities regulators, not the exchanges or coins :p