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Binance U.S. to start accepting account registrations; will initially support 6 assets

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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.

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Oct 15, 2021, 2:54AM UTC
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