Binance has officially launched its full crypto services in Syria, becoming one of the first major global exchanges to do so following the recent lifting of U.S. and EU sanctions. Syrian residents can now access Binance’s platform to trade over 300 digital assets, including Bitcoin, XRP, Toncoin, and a range of stablecoins, according to the company’s announcement on Thursday.
The rollout comes after U.S. Secretary of State Marco Rubio formally suspended sanctions on May 23, a move later echoed by the European Union, effectively removing Syria from international financial isolation. With these restrictions lifted, Syria has also been removed from Binance’s list of prohibited jurisdictions, making the country eligible for full platform access—provided users complete standard KYC requirements.
Prior to this development, platforms like Binance were restricted from serving Syrian users due to sanctions that barred financial service providers from operating in the country. The latest policy shift signals a broader change in international posture toward Syria and opens the door for digital assets to play a transformative role in the nation’s economic recovery.
By facilitating crypto trading in Syria, Binance is tapping into a region long excluded from global financial markets and laying the groundwork for decentralized finance tools to reach communities in need of alternative financial infrastructure.
Binance Expands Services to Syrians After KYC Approval
Following the easing of international sanctions, Binance has launched full-scale operations in Syria, granting users access to a broad array of services including spot trading, peer-to-peer (P2P) transactions, futures, staking, and cross-border remittances. The rollout provides support for over 300 cryptocurrencies, including Bitcoin, XRP, Dogecoin, Shiba Inu, Toncoin, and Bitcoin Cash.
Access to these services, however, is contingent upon completing Binance’s Know Your Customer (KYC) verification process. In its regional announcement on X, Binance MENA emphasized that full platform functionality will only be unlocked once users submit and pass identity verification protocols.
In addition to trading, Syrian users can also utilize Binance Pay for remittance transfers—an especially impactful tool in a country where financial infrastructure has been severely weakened. Binance is also offering educational resources in Arabic to help new users understand the platform and the broader crypto economy.
With Syria’s pre-war population standing at over 21 million and an estimated 13 million members of the Syrian diaspora abroad, Binance’s move opens a vital digital bridge for remittances and economic inclusion. As the country works to rebuild from years of conflict, crypto services may play a central role in enabling more accessible, decentralized financial options.
Quick Facts
- Binance is now fully operational in Syria following lifted sanctions.
- Syrians can trade over 300 assets after passing KYC checks.
- Services include spot trading, P2P, futures, staking, and remittances.
- Binance Pay supports cross-border transfers for Syrian users.
- Arabic-language crypto education resources are available through Binance MENA.
