Venezuela Blocks Binance Web Access After X Ban

In an official statement, X confirmed that it is facing difficulties providing web platform access to users in Venezuela.

The company noted that similar to other websites in the country, including social networks, Binance pages are also experiencing access restrictions.

Despite the issue, Binance assured users that their funds are safe and that efforts are underway to resolve the problem.

In response, many users have turned to virtual private network (VPN) services to maintain access, though the restrictions currently only affect the web platform, with the mobile app still functioning.

Ernesto Contreras, a well-known figure in Venezuela’s crypto community, urged users not to panic, advising them to use VPNs set to non-US locations and to consider self-custody of their funds.

These restrictions come as Venezuelans increasingly rely on digital currencies to navigate the country’s economic crisis. Cryptocurrency usage has surged as people seek to preserve their assets amid hyperinflation and financial uncertainty.

This development also follows the recent ban on X (formerly Twitter) in Venezuela, which stemmed from a public dispute between President Nicolás Maduro and X owner Elon Musk.

After tensions escalated, Maduro ordered the Venezuelan telecommunications regulator, Conatel, to block X for ten days, demanding a response from the platform.

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