When Binance first launched in the United States, it was available in all 50 states. However, due to regulatory issues, Binance had to cease operations in certain states.
As of now, these are the only four states where Binance US is not available: Alabama, Connecticut, Florida, and Georgia.
The reason why Binance US is not available in these four states is due to state-level regulations that are not conducive to cryptocurrency trading. In Alabama, for example, the state government has made it illegal to trade cryptocurrencies on exchanges.
This is likely because the state government wants to crack down on money laundering and other criminal activities that can be conducted through cryptocurrency trading.
NOTE: WARNING: Not all states are able to use Binance US. The list of states where Binance US is not available include: Alaska, Alabama, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont and Washington. If you are located in one of these states, you will not be able to use Binance US.
In Connecticut, Florida, and Georgia, the situation is similar. These states have all enacted lAWS that make it difficult for cryptocurrency exchanges to operate within their borders.
For instance, Florida requires all exchanges to register with the state before they can begin operating. This registration process is quite onerous, and it effectively dissuades exchanges from doing business in Florida.
While it is unfortunate that Binance US is not available in these four states, it is not surprising given the current regulatory environment. It is possible that this situation will change in the future as more states come to realize the benefits of cryptocurrency trading and begin to loosen their restrictions.
Until then, however, residents of Alabama, Connecticut, Florida, and Georgia will have to look elsewhere for their crypto trading needs.
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Binance US, the US-based arm of cryptocurrency exchange Binance, is now live. The platform will allow users to trade cryptocurrencies that are compliant with US regulations. This means that not all cryptocurrencies will be available to trade on Binance US.
Binance US, the American arm of the world’s largest cryptocurrency exchange by trading volume, is now live. The platform is available in 42 US states and territories, according to a blog post on Tuesday. The launch comes after several months of beta testing with selected users.
As of September 2019, residents of the following states can use Binance.US: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi Missouri, Montana, Nebraska, Nevada New Hampshire, New Jersey New Mexico North Dakota Ohio Oklahoma Oregon Pennsylvania South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming
Binance.US is a digital asset exchange launched by Binance and compliant with United States regulations. The exchange is designed for U.S. users to trade cryptocurrencies on a secure and reliable platform with fast deposit and withdrawal processes.
Binance US, the US-based arm of the major cryptocurrency exchange Binance, is now available in nearly all US states. The exchange, which launched in September 2019, is currently operational in 42 states, with plans to expand to more in the near future. Binance US offers a variety of features to its users, including a user-friendly interface, high liquidity, and a wide range of coins and tokens.
As of September 2019, Binance US is available in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina , South Dakota , Tennessee , Texas , Utah , Vermont , Virginia , Washington , Washington DC , West Virginia and Wyoming. Binance US is a digital asset exchange launched in 2019 and operated by Binance US Inc., a subsidiary of Binance. com.
Binance, the world’s largest cryptocurrency exchange by trading volume, is not allowed in the United States. The reason for this is because the United States has very strict lAWS and regulations when it comes to financial institutions and exchanges. Binance is not registered with the US Securities and Exchange Commission (SEC), and therefore is not allowed to operate in the United States.
