The popular cryptocurrency exchange, Binance, announced the launch of its US-based platform, Binance.US, on September 18th.
The new exchange will be operated by BAM Trading Services and will be available to residents of 37 states and territories across the country.
However, there are still 13 states and territories that will not have access to the new exchange. These are: Alabama, Alaska, Arizona, Arkansas, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New Mexico, North Carolina, Oregon, Puerto Rico, South Carolina, Texas, Utah, Vermont, Virginia and Washington.
So what does this mean for residents of these states? Well, for starters, they won’t be able to trade on Binance.US when it launches. However, they will still be able to use the original Binance platform as it is not subject to U.
NOTE: Warning:
It is important to be aware that not all states can use Binance US, a cryptocurrency exchange service. Currently, Binance US does not permit users from the following states: Alabama, Hawaii, Connecticut, Florida, Georgia, New York, North Carolina, and Texas. In addition, residents of any other U.S. territories are also not allowed to use Binance US. Individuals who attempt to use Binance US from any of these restricted locations will be blocked from using the service.
S. lAWS and regulations.
This could change in the future though as Binance has stated that its long-term goal is to “provide the same great experience” to all its users around the world regardless of where they live. So it’s possible that the restricted states could gain access to Binance.
US down the line.
In the meantime though, residents of those 13 states will just have to stick to using the original Binance platform or look elsewhere for their crypto trading needs.
9 Related Question Answers Found
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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 has been a controversial topic since its inception. The platform has been accused of not allowing users from specific states to access its platform. Some of these states include New York, Connecticut, and Hawaii.
Binance, the world’s largest cryptocurrency exchange by trading volume, is not available in all countries. The list of restricted countries includes the United States, Japan, China, and South Korea. Binance was founded in 2017 by Changpeng Zhao and Yi He.
Binance is a popular cryptocurrency exchange that allows users to trade a variety of digital assets. However, due to regulatory reasons, the platform is not available in all countries. Here is a list of countries where Binance cannot be used:
Afghanistan
Binance is not available in Afghanistan due to the country’s strict lAWS against financial crimes.
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, one of the world’s largest cryptocurrency exchanges by trading volume, is now allowing its users in the United States to buy, sell and trade cryptocurrencies on its platform. The move comes after the exchange announced earlier this month that it would be opening up its services to U. S.