Cryptocurrency trading platform Binance.US is set to begin user account registrations for customers across most US states on Wednesday, September 18.
The platform will also start accepting deposits of Bitcoin (BTC), Ether (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT) stablecoin from that date.
In a blog post, the recently joined CEO Catherine Coley said the user can select the tier of verification required to achieve their desired withdrawal limits during this initial registration phase. After verification, one can make deposits across the initial selection of digital assets.
Coley said the digital asset pairs will go live in phases for trading on Binance.US, based on the platforms Digital Asset Risk Assessment Framework.
Binance had announced its partnership with U.S.-based BAM Trading Services Inc. in mid-June to launch cryptocurrency trading platform in the U.S. as Binance.US.
Binance.US operations will be led by local FinCEN-registered US partner BAM, which will provide the exchange platform to serve the U.S. market. Binance will license its matching engine and wallet technologies to BAM.
Binance.US will initially provide desktop/mobile web access for its users and is looking to develop an app version for iOS or Android in the future.
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