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Margin trading banned in Germany

Binance

Cryptocoins Exchanges / Binance 158 Views

I selected Binance as a platform on account of its relatively low fees. I didn’t do loads of analysis, I just sensed that it this platform is rated quite reliable + it’s allowed in Germany (the place I come from). I couldn’t discover any implications relating to governmental restrictions or something. Once I tried to open a margin account, I acquired a moderately cryptic message, which, after performing some additional research, supposedly signifies that margin buying and selling is banned from binance in Germany? Is there any strategy to circumvent this? Any guys from Germany right here, dealing with comparable points? Rn the only various for me appears to be kraken, which calls for a 0.26% taker payment (method too much for my purposes).


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