Binance announced that it would begin registration and start accepting deposits as of next week, on 18 September 2019. Binance to start customer registration next Wednesday.
CEO of Binance.US , Catherine Coley said in a statement:
“Verifying your account in this initial phase will allow you to trade on our digital asset marketplace as soon as trading commences.”
Pairs accessible at Binance.US will build on the new “digital risk assessment framework.”
In its latest blog post, the crypto exchange revealed that begin accepting deposit:
- Bitcoin (BTC)
- Ether (ETH)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Tether (USDT)
Binance to start customer registration next Wednesday. The firm will provide updates on when trading is live for particular pairs, shortly after registration opens. BAM Trading Services operates this company. It is based on Binance’s cutting edge matching engine and wallet services.
Users will be able to sign up for an account during this initial registration stage and select the verification level needed to meet their desired withdrawal limits. After verification, users can deposit their digital assets.
Binance, based in San Francisco, has branches in Jersey, Singapore, Hong Kong, and Uganda. Earlier this summer, Binance was prohibited to US customers after regulatory uncertainty.
If the company succeeds in fulfilling U.S. regulations, Binance US will be able to access the vast American client base and continue to win the crypto-exchange supremacy.
The harsh reality for U.S. customers of Binance Exchange is that the native token of the exchange, Binance Coin (BNB), is not included in the new platform due to lack of regulatory clarity.