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Leading cryptocurrency exchange Binance has launched its American digital asset marketplace, Binance.US, operated by BAM Trading Services.
At launch, Binance.US lists seven digital assets: Bitcoin (BTC), BNB, Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT), with deposits opened for an additional five assets: Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX).
Trading for all verified users with fiat-crypto and crypto-crypto trading pairs on September 24, 2019, at 9:00 am EST / 6:00 am PST.
“We are thrilled to establish Binance.US as a distinctive marketplace with roots in America, as we aim to educate and foster the American community to adopt crypto with purpose,” said Catherine Coley, CEO of Binance.US.
“In our partnership with Binance, we will together work to increase the freedom of money worldwide while bringing their unmatched trading technology platform to the U.S. and supporting the expansion of a globally recognized brand in a key market. We look forward to providing more security and accessibility to digital currencies and the blockchain projects behind them for the American Binance community.”
In a press release, Binance.US said that it licenses cutting-edge trading and wallet technology from Binance, while existing as an independent entity with unique features and functions. It will serve as an innovative, affordable and approachable venue for users to buy, sell and hold digital assets within the U.S., including an easy-to-use fiat on-ramp.
In an announcement last week, it had said that it will not be available in 13 states including Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont, and Washington.
To kickstart the onboarding of new users, Binance.US will offer free trades until November 1, 2019, as well as a $15 referral bonus for each new signup.
Binance.US announced the digital assets that are currently under consideration for listing. This includes Cosmos (ATOM), Dash (DASH), EOS (EOS), Holochain (HOT), IOTA (MIOTA), Chainlink (LINK), Loom Network (LOOM), Decentraland (MANA), Nano (NANO), NEO (NEO), Paxos Standard (PAX), Augur (REP), Ravencoin (RVN), TrueUSD (TUSD), USD Coin (USDC), VeChain (VET), Waves (WAVES), and Zilliqa (ZIL).
“Binance made significant global strides in efforts to further cryptocurrency adoption,” said CEO of Binance, CZ (Changpeng Zhao). “Through this partnership, we believe Binance.US will open a new key gateway to America, and beyond, furthering the enthusiasm and tangible use cases for both blockchain and cryptocurrency.”
