September 23rd, 2019 at 4:24 pm UTC · 3 min read
Today, Binance.US (BAM Trading Services) launched its American digital asset marketplace in partnership with Binance, the world’s largest cryptocurrency exchange by trading volume and global blockchain ecosystem. 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).
Binance.US will commence trading for all verified users with fiat-crypto and crypto-crypto trading pairs on September 24, 2019 at 9:00am EST / 6:00 am PST.
Catherine Coley, CEO of Binance.US, said:
“Binance.US is tailor-made for Americans at every step of its development. 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. 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.”
The Binance.US marketplace licenses cutting-edge trading and wallet technology from Binance, while existing as an independent entity with unique features and functions. As Binance.US grows, 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.
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. Following their initial launch, the team will roll out additional highly-curated batches of cryptocurrencies that meet U.S. regulations and compliance standards based on its Digital Asset Risk Assessment Framework.
Current digital assets under consideration for listing on the Binance.US marketplace:
CEO of Binance, CZ (Changpeng Zhao), said:
“Binance made significant global strides in efforts to further cryptocurrency adoption. 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.”
Binance.US is a fast and secure digital asset marketplace, delivering the world’s leading cryptocurrency trading technology, speed, and experience to everyday users in America. Based in San Francisco, California, Binance.US is operated by BAM Trading Services and built on the cutting-edge matching engine and wallet technologies licensed from Binance.