Binance U.S. to start accepting account registrations; will initially support 6 assets
September 11, 2019, 2:42PM EDT
1 min read
Binance U.S. will begin accepting account registrations and cryptocurrency deposits starting Sept. 18, the firm announced in a blog post on Wednesday. According to the firm, the "first phase" will support six assets: BTC, ETH, XRP, BCH, LTC, and USDT.
During the initial registration phase, Binance U.S. users can select the verification tier based on their desired withdrawal limits. After its initial launch phase, Binance U.S. will begin accepting other assets on its platform. Earlier this month, Binance U.S. released guidelines which stated that the exchange would require its users to go through a KYC process by uploading a valid government ID and their Social Security numbers.
Binance U.S. has not revealed in which states it will be launching. As reported by The Block, Binance U.S. won't initially serve New York State residents. In July, the exchange hired Catherine Coley, former head of XRP institutional liquidity at Ripple, as CEO. In August, Binance U.S. announced a list of 30 cryptocurrencies it planned on listing at launch.
Iceland-headquartered bitcoin mining firm Genesis Digital Assets has raised $431 million in a strategic funding round led by investment firm Paradigm. Genesis Digital Assets said in an announcement on Tuesday that other investors in the round included NYDIG, Stoneridge, FTX, Ribbit, Electric Capital, Skybridge, and Kingsway Capital. Kingsway also invested $125 million in a previous […]