In another major boost to rise of cryptocurrencies, Binance announced they will be opening registrations for Binance-US to users across entire America. This means they will start accepting deposits of BTC, ETH, XRP, BCH, LTC, and USDT from September 18, 2019 at 8AM EST. Binance.US said; they were extremely excited to roll out their first phase and will gradually spread across all of America.
What happens in the first phase of the rollout?
Users will be able to signup on Binance-US during this phase. Users need to select appropriate tier of verification to achieve their desired withdrawal limits. Post verification users will be able to make deposits across BTC, ETH, XRP, BCH, LTC, and USDT. Binance on a Medium press release further said they will keep users informed with detailed instructions on trading between specific pairs.
Binance.US plans to keep adding digital assets to its portfolio post trading launch for verified users. It further quoted they will add more digital assets only after they have carefully analysed them as per their in-house Digital Asset Risk Assessment Framework.
What happens next?
Starting Wednesday, September 18, 2019, at 8 am ET, you can go to Binance.US to:
1. Sign up for Binance.US account
2. Verify your information on Binance.US
3. Deposit any of the digital assets listed below:
- BTC
- ETH
- XRP
- BCH
- LTC
- USDT
4. Trading will be made available against specific pairs.
5. Withdrawal limits will be subject to verification tiers. Strongest your verifications; higher will be your withdrawal limits.
C Coley, the CEO of Binance.US said she was excited to welcome American users to their new home for digital asset trading. Coley however remained tight lipped about future plans in other countries.
About Binance-US
Binance.US is a fast and secure digital asset marketplace, delivering the world’s leading digital asset trading technology, speed, and experience to everyday users in America. Based in San Francisco, Binance.US is operated by BAM Trading Services and built on the cutting-edge matching engine and wallet services licensed from Binance.
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