Countdown to Launch: What’s Coming on September 18
Mark your calendars folks, because Binance is gearing up for a big unveiling! On September 18, 2023, the famous cryptocurrency exchange Binance will be opening the floodgates for U.S.-based clients. If you’ve been waiting to jump into the crypto ocean, now’s your chance!
What Assets Will You Be Able to Deposit?
In a recent blog post, Binance gleefully shared that the initial offering will include popular cryptocurrencies such as:
- Bitcoin (BTC)
- Ether (ETH)
- XRP
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Tether (USDT)
These are the big players in the crypto world, so you’ll have plenty of options to choose from when funding your account!
Registration Process: A Walk in the Park (Sort of)
Catherine Coley, the CEO at Binance.US, assures that the registration process will be straightforward. Following the launch, users can create an account and select their desired verification level to set withdrawal limits. I mean, what could go wrong? Just your standard “please prove you’re not a robot” scenario! Who knew signing up could be as easy as ordering a pizza?
The Future Awaits: Trading & More
After the registration phase, Binance promises to ramp up the selection of digital assets available for trading. Hold on to your hats, everyone, because this first phase is just the beginning! Keep an eye on upcoming announcements as we find out more about which cryptocurrency pairs will soon hit the marketplace.
Meet BAM: The Power Behind the Binance Curtain
Now, who’s steering this U.S. ship? Enter BAM Trading Services, a California-based money service business. Shrouded in a bit of mystery, BAM will be the captain leading Binance.US through these crypto waters. Changpeng Zhao, the big boss of Binance, has promised that BAM will help ensure everything runs smoothly – but hey, this also raises a few eyebrows. Will we learn more about BAM in the coming weeks? Stay tuned!