The crypto exchange said that Know Your Customer (KYC) process will start a few days before launch. Where the customer can have ample time before live trading to verify account and deposit funds.
The exchange claims that it is fast, compliant, and secure digital asset marketplace. Also, aims to provide best-in-class technology, speed, and execution of Binance to everyday users in the United States.
KYC is needed to open an account with Binance.US – The documents required are Government ID (driver’s license or passport) and Social security number (SSN) to register. Once the KYC onboarding process has is completed, you will be able to deposit cryptocurrency.
For the initial launch, the company will provide desktop and mobile web access and will have an app version in the future.
The list of countries where Binance.US will be accessible is not yet finalized, according to the post, but it will be published before the onboarding process begins.
Earlier, Catherine Coley, former head of financial liquidity XRP at Ripple, was appointed as CEO of the exchange. The Binance.US announced in August a list of 30 cryptocurrencies it was planning to launch on the listing.
The firm also obtained the permission of a dollar-backed stablecoin from the New York Department of Financial Services, likely to be listed on the new exchange.
nvestweekly.comBinance US Unveils a Listing of 30 Different Cryptos.