‘With Ban on the Binance URL & App, you can still access your Binance account using a VPN’
With the Binance URL and app becoming inaccessible, Binance investors are panicking for the safety of their funds. Some had moved their funds to offshore exchanges post the 30% income tax in India, but now worry that 100% of their funds might be stuck.
Is there a solution to the Binance ban?
This article is a breakdown of the Binance Ban and the step-by-step solution for Binance users on how they can access their funds and safely move them to other Indian Government-recognized crypto exchanges.
The solution to Binance Ban
The current safest solution for Indian Binance users would be to move all their funds to an FIU-IND-compliant crypto platform, Mudrex being one of the most user-friendly ones.
But to access and transfer funds from Binance, in a country where the URL is banned, using a reliable VPN is the best solution. But before the detailed steps, we need to know what a VPN is.
What is a VPN?
A VPN stands for Virtual Private Network that helps you unlock the platform and access your account, all while masking your identity, personal data, and your IP address.
However, please ensure to use a reliable VPN to ensure your data is protected.
Which VPNs are reliable for transferring crypto from Binance?
- Nord VPN
Now the question remains,
How to use a VPN to access Binance?
- Download and install the VPN on your device.
- Login by creating your credentials in the VPN.
- Select and connect to a server in Canada, Mexico, or another country where Binance is available
- Open the Binance URL (binance.com) and log in to your Binance account
- You can access and move your funds just like your regular Binance account
Given the current situation, it is advisable to move your funds to an Indian Govt. recognized crypto exchange to ensure the protection of your investments from any future bans and restrictions on Binance.
At Mudrex, we prioritize your peace of mind by strictly complying with Indian FIU regulations, offering full KYC verification, AML compliance, and secure deposit/withdrawal measures.
To learn more about how to transfer your funds from Binance to Mudrex, click here.