Malta-based cryptocurrency exchange, Binance has the comparative advantage of the biggest volume as it accommodates lots of coins and low trading fees of 0.05%. It also boasts of an exclusive multilingual site that synchronizes with any kind of device. Binance can be used to convert Bitcoin, Litecoin or Ethereum into nearly any Altcoin. It provides an easy switch between the coins at a good price as well, it accommodates both big and small crypto transactions.
The Malta-based cryptocurrency, Binance is expanding its reach through its Binance US platform. Recall that Binance is the largest cryptocurrency by volume.
A release made by the US arm of the cryptocurrency said that registration will commence on September 18, likewise deposits. Consequently, Binance products will be marketed in the US.
It also stated in the release, the type of cryptocurrency deposits it is offering which is Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, and Tether.
It, however, failed to disclose the time of the start of trading on the platform. The Binance US has its headquarters in San Francisco. It is also an addition to the other four locations of Binance like Uganda, Hong Kong, Jersey, and Singapore.
The Debut of Binance US project was announced earlier this year and was later suspended for uncertainty reasons.
Uncertainty reasons trailing new regulatory policies being passed into law. It was meant to enter a deal with BAM trading before it was halted.
However, its services will not extend to New York due to license issues. The cryptocurrency platform, however, declined comments on this.