Binance.US, the American branch of the Binance exchange, is now open for registration and deposits. Users can easily complete their account verification and start depositing different virtual currencies. The information was released by Binance in a blog post a few minutes ago.
Binance.US Opens For Users
The U.S. branch of the most popular crypto exchange is now welcoming users. Binance.US is now open for registration and users can already complete their verification and depositing Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), Tether (USDT) and Binance Coin (BNB). Users of fiat-verified accounts will also be able to deposit USD.
Coley, the CEO of Binance.US, said:
“With today’s launch, we are one step closer to bringing you the full experience of Binance.US: a fast, secure and reliable digital asset marketplace powered by the industry’s best matching engine and wallet technologies.”
In order to start trading at the exchange, users will have to sign up for an account, a process that is now available. The main goal behind this new exchange for American citizens is to provide an inclusive gateway to cryptocurrencies in America for new and experienced traders.
Nevertheless, the exchange does not have all the trading functions with crypto and US available. This is one of the reasons why the platform will launch with zero fees until November 1, 2019.
Binance.US informed they will also be working with leading partners in the industry in order to offer users one of the fastest and most secure digital asset marketplaces. Moreover, they will also continue their collaboration with Binance to further grow the digital asset ecosystem and “bring more financial freedom and opportunities.”
In the future, the exchange is expected to add new digital currencies to the list of coins they already have added. To decide which are going to be the new listings, they will follow their Digital Asset Risk Assessment Framework. In the coming weeks, new virtual currencies could already be added to Binance.US.
The exchange is located in San Francisco, California and it is operated by BAM Trading Services, a company that seemed out of the radar until Binance approached to it to start working.
Moreover, the exchange is built on the Binance exchange that is now one of the largest and most popular platforms in the world.