After the sanctions were lifted, Binance opens its doors for Syrians to trade cryptocurrencies.

Binance platform announced on Thursday that it will allow users in Syria to trade cryptocurrencies, including Bitcoin, on its platform following the United States' decision to lift sanctions on the country last month.

Binance, the world's largest cryptocurrency exchange platform, stated that Syrians will be granted full access to its offerings, which include over 300 tokens and stablecoins, according to Reuters.

The platform also added that the Syrian pound can now be used to buy and sell cryptocurrencies on the platform.

This comes as a result of the US President Donald Trump administration's announcement to lift sanctions imposed on Syria.