Binance U.S. opens account registrations
With U.S. users no longer able to access the original Binance platform, the fast moving crypto exchange is opening a compliant exchange for its large U.S. user base.
Binance.US will open account registration and begin accepting deposits of BTC, ETH, XRP, BCH, LTC, and USDT on Wednesday, September 18, 2019 at 8am ET.
This registration process represents the first phase in Binance’s plan to roll out access to the Binance digital asset marketplace across the U.S.
During the registration phase, users are able to open an account and select the tier of verification required. It’s expected that Binance will announce an update on when trading will go live for specific pairs in the next week. Not all U.S. states will be supported, however, the full list has not yet been released. It’s expected that New York state users will not have access to the exchange.
The exchange said that following a successful trading launch for this first phase, it will then look to add to the selection of digital assets available for verified users to deposit and eventually trade on Binance.US. Trading availability of the digital assets will be based on the existing Binance Digital Asset Risk Assessment Framework.
Catherine Coley, the former head of XRP institutional liquidity at Ripple, is the CEO of Binance U.S. The platform is operated by BAM Trading Services, a California-based money services business and built on cutting-edge matching engine and wallet technologies licensed from Binance.
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