Binance.US Welcomes Puerto Rico to the Crypto Party
Good news for crypto enthusiasts in Puerto Rico! As of September 30, Binance.US has officially opened its doors for account registrations and verification services. This means residents of the island can now enjoy full access to the same features available to users from selected U.S. states—no passport required, but optional beach mood is encouraged.
Who Said You Can’t Handle the Heat?
In a move celebrated more than a hot day at the beach, Binance.US went live on September 24 with 13 fiat-to-crypto and crypto-to-crypto trading pairs. Ready to swap your hard-earned cash for digital gold? Dive into major players like:
- Bitcoin (BTC)
- Ether (ETH)
- XRP
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Binance Coin (BNB)
- Tether (USDT)
Just a reminder, don’t put all your eggs in one basket unless that basket is a well-diversified crypto portfolio.
Zero Trading Fees? Yes, Please!
Here’s another cherry on top: for a limited time, Puerto Rican users can trade with zero fees until November 1. It’s like a Black Friday sale but for trading. Just don’t forget to set a calendar reminder! Because who doesn’t love free stuff?
Getting Started: Know Your Customer (But Not in a Creepy Way)
But wait, before you can jump into the trading fray, you need to pass the Know Your Customer (KYC) test. This step requires all users to provide a valid government ID and their Social Security number to complete the registration. Think of it as the digital bouncer ensuring only the cool kids can get in.
The Great Crypto Retreat: Last Year’s Withdrawals
Flashback to last fall: many U.S. crypto traders found themselves losing access to multiple altcoins when Binance proactively withdrew services. A desperate time for altcoin lovers, indeed! But fret not, this new launch is better equipped to embrace more traders.
Recent Developments in the Binance Universe
Binance is on fire! Recently, they listed Tezos (XTZ) on their main platform, expanding to three new trading pairs with BTC, BNB, and USDT. Furthermore, on September 19, they made waves with plans to kick off their over-the-counter trading platform for the Chinese yuan in October. Sounds like Binance is not just growing; they’re thriving!
So, whether you’re in Puerto Rico enjoying rum and sunshine or just wish you were, the world of crypto trading is expanding with opportunities just waiting for you to snag them. Get your accounts ready and maybe keep a beach towel handy—just in case!
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