Ah... poop... I had a bit of stuff on the Binance Earn products... mostly it was the stuff that was just a bit of a pain in the arse to do on-chain. Mostly lots of obscure stuff that I wasn't keen to have some dodgy and unknown wallet interface on either my computer or phone. And then there were the non-staking stuff that were just collecting interest via lending.

But... I'm discovering the benefits of living in Australia... my homeland follows a lot in the footsteps of the United States. I would definitely say that it is a touch too close sometimes... and unquestioningly so, but that is a post for a different time.

Anyway, with all the "interesting" developments happening in the United States that affect cryptocurrencies... well, it is no surprise that there is a bit of tightening up happening in Australia as well. Nothing that appears to be mandated yet (or if it is, it is in the background...).... but there are moves by Binance (and possibly other exchanges...) to limit their exposure to potential regulatory attack. Fair enough, I guess... but that means that customers in Australia are starting to lose access to some of the better parts of Binance.

The first that I knew of the stopping of the products was when I couldn't subscribe anymore to the Flexible products. I think I had some Ethereum that I had bought, and I wanted to just store it for a bit until I knew where it would be best used.... Well, I just got a message saying that it wasn't available in my jurisdiction.

Hopping on the Australian Binance Telegram channel... well, I was quite heartened to see that I wasn't the only one. Sometimes, I do wonder if some of the issues that crop up are due to the recent moving from Europe to Australia. Definitely, not everything had gone smoothly there... and there are still some occasional lingering hiccups.

However, what was a touch troubling was the lag in response from the moderators... I wonder if they were all caught a little bit off guard. It really happened quite quickly and without much advance notice. In fact, the official notification was a few days later!

So... I guess that this is yet another kick in the arse to get a bit more off exchange... The bulk of what I have there is just BNB tokens for the debit card and to take part in the Launchpads. I guess I will leave that there... it is a pity that I don't keep picking interest on that... but I do get the rebates from the debit card, so that is enough of a reason to keep the BNB on Binance. Plus, if Binance goes down... well, BNB will be worthless anyway!

I can also be found cross-posting at:
Hive
Steem
Publish0x

Handy Crypto Tools

Ledger Nano S/X: Keep your crypto safe and offline with the leading hardware wallet provider. Not your keys, not your crypto!
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Coinbase: If you need a regulated and safe environment to trade, this is the first exchange for most newcomers!
Crypto.com: Mixed feelings, but they have the BEST looking VISA debit card in existence! Seriously, it is beautiful!
CoinList: Access to early investor and crowdsale of vetted and reserached projects.
Cointracking: Automated or manual tracking of crypto for accounting and taxation reports.