US, the American arm of cryptocurrency exchange giant Binance, has announced it will start trading fiat-crypto and crypto-crypto trading pairs on Tuesday.
The trading platform will list seven cryptocurrencies immediately upon the launch, including bitcoin, Binance coin, ethereum, XRP, bitcoin cash, litecoin and Tether's USDT. Binance.
Us also revealed it will soon open deposits for another five assets: cardano, basic attention token, ethereum classic, stellar's XLM and 0x. Last Wednesday, the new exchange started to open for registration and deposits, but did not disclose a specific date for an official launch.
Users who already have deposits with Binance.com will not see their funds automatically transferred to the U.S. platform, Binance.
In June, the Malta-based Binance, initially launched in China, revealed that stateside users of its global platform Binance.com were barred from trading.
In the same month, the company said it would partner with California-based BAM Trading Services to set up Binance.
US. Coley previously explained that the U.S. rollout is to be "Gradual" with the 13 states not supported at launch.
The move is part of a larger expansion by Binance, which launched a fiat-to-crypto exchange on the island of Jersey, a British self-governing dependency in January.
The Jersey arm listed the cryptocurrency exchange's own British pound-backed stablecoin, Binance GBP, offered on the fiat-to-crypto platform due to trader demand for more stablecoin options, the company said.
With its latest launch in the U.S., Binance has also been trying to push its US dollar-backed stablecoin posing as a potential rival against Libra.
Crypto Exchange Giant Binance to Launch US Trading Tuesday
Publié le Sep 23, 2019
by Coindesk | Publié le Coinage
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