Binance US Is Now Open For Registrations Excluding 13 States; Crypto BNB Added To Approved List

  • Biannce.US currently supports 7 crypto assets, with deposits open for BNB
  • More jurisdictions and digital assets will be added later on
  • Trading fee is being kept zero until November 1, 2019
  • Option to buy the listed coins with USD through ACH or wire transfer methods

Binance US is finally opened for registration, announced the exchange on Sept. 18.

Based in San Francisco, Binance US is operated by BAM trading services that is rolling out in most states except for Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont, and Washington.

Launched gradually across America, new users require a valid government ID, either a driver's license or passport, and their social security number for registration.

Currently, there are 7 crypto assets viz. Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), USDT, and its native cryptocurrency Binance Coin (BNB) available on Binance US.

BNB deposits are open today along with the registrations.

The inbound transfers of other six crypto assets will be accepted upon account verification. Deposits will be accepted prior to enabling full trading which will be when liquidity conditions are met.

As not all the coins or tokens are listed on Binance.US yet, they will be stored with other custodians and traded on other venues.

Over the coming weeks, it says, more digital assets will be added.

As for the fee, for personal accounts, the leading cryptocurrency exchange’s US division charges a flat fee of 0.10% per trade.

However, it is kept zero until November 1, 2019.

Moreover, US customers will be able to buy the listed coins with USD through ACH or wire transfer methods while other options will be explored later on, based on user demand.

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