SEC asks NTC to Block Binance
As SEC (Securities and Exchange Commission) asked the NTC to block Binance in the Philippines, netizens have been posting that some are having trouble accessing it. This issue seems to be affecting mostly PLDT users and Converge users as of this writing.
Well, don’t fret, as of this moment, there are simple ways to be able to access Binance without the use of VPN! Please refer to the details below:
Adjusting DNS Settings
To get around this block, you can try adjusting the DNS settings on your phone or computer. Here’s how:
1. Go to Network/Internet settings in your device’s settings.
2. Choose your IP address from the following options:
- 1.1.1.1 (CloudFlare)
- 8.8.8.8 (Google)
- 8.8.4.4 (Google)
- dns.google (Google, for Android users)
Using either of the following, this should help you bypass the block and access Binance again.
Important Note
It’s crucial to remember that this is not a guide for breaking the law or circumventing any regulations. This information is only for users who have funds left in Binance and need to access them.
Stay safe and make sure to follow all legal guidelines when using cryptocurrency platforms like Binance.
FAQ
Why is Binance being brought down?
Basically, Binance is not officially registered in the Philippines according to the SEC.
Why can’t I access Binance?
The SEC has blocked access to Binance through the NTC, so that’s why you can’t get on the site.
What happened to my money on Binance?
It’s still there but it is ideal for you to transfer your assets to a different platform. If you’re having trouble accessing your money on Binance, please refer to the steps above.
Can I use a VPN to access Binance?
Yes, you can use a VPN, but you can also just change your DNS settings as stated above.
Why am I still able to access Binance?
If you’re still able to access Binance, you might just be lucky. Right now, mostly PLDT and Converge users are having trouble getting on the site.
Why should I withdraw my money from Binance?
The SEC could make Binance block all accounts that have submitted Philippine IDs, so it’s safer to withdraw your money now.
What are my alternatives to Binance?
If you’re looking for other platforms to use instead of Binance, you can try Bybit, KuCoin, Coins.ph, and more.
Is Binance banned forever?
Whether Binance is banned forever really depends on the discussions between the SEC and Binance.
What are your thoughts on this move by SEC? Don’t hesitate to drop your comments down below!
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