Binance.US officially launched – deposits for Cardano, Basic Attention Token, Ethereum Classic, Stellar and 0x opened
Binance.US, the US subsidiary of the world’s largest crypto exchange, has officially launched its Digital Asset Marketplace. The US-exclusive exchange now offers a Fiat-Onramp and free trading for all listed coins.
The US receives a new gateway to the crypto world
Binance, the world’s largest crypto currency exchange by trading volume, has officially opened its only US office. The platform, operated by BAM Trading Services, licenses Binance’s most up-to-date trading and wallet technology, the company said in a press release.
It will exist as a completely independent unit from Binance, offering users unique features and features, the company promises. Binance CEO Changpeng Zhao says the partnership with BAM Trading will “open a new important gateway to America and beyond” and increase the use cases for blockchain and cryptocurrency. Catherine Coley, CEO of Binance.US:
“Binance.US is tailor made for Americans at every step of its evolution.”
Fiat-Onramp, free trading, seven crypto-assets
Trading on Binance.US officially starts on September at 9Clock EST Clock. Verified users will be able to trade Fiat crypto and crypto-crypto trading pairs for free until November 1, and will also receive a referral bonus of $ 15 for each new qualified registration.
For the launch, Binance.US lists seven digital assets: Bitcoin (BTC), BNB, Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), and Tether (USDT), with deposits for a further five Assets were opened: Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX).
The company also plans to introduce new cryptocurrencies after the first launch. It is said to be “highly curated” and to comply with US regulations and compliance standards based on the “Digital Asset Risk Assessment Framework.”
Some of the cryptocurrencies currently being considered for listing on the Binance.US platform are Cosmos (ATOM), Dash (DASH), EOS (EOS), IOTA (MIOTA), Chainlink (LINK) and Nano (NANO). The platform could also list multiple stable coins in the coming months, including Paxo’s Standard (PAX), TrueUSD (TUSD) and USD Coin (USDC).