Binance, Exchanges

Is Binance US Available in Texas?

Binance US, the American arm of the world’s largest cryptocurrency exchange, is now available in Texas. The move comes after the exchange received money transmitter licenses from the state’s Department of Banking and Securities Commission.

The news was announced in a blog post on Thursday, which also revealed that Binance US had added support for wire transfers. The exchange had previously only supported ACH transfers.

NOTE: This article is intended only to provide general information and should not be seen as providing any legal advice. Please be aware that Binance US is not currently available in Texas, and using the platform may be considered a violation of state laws and regulations. Additionally, using the platform may incur significant financial risk as it is not currently regulated or licensed by any government agency in the United States. We strongly advise that before using Binance US, you seek professional advice and ensure that you understand all applicable laws, regulations, and risks associated with doing so.

The addition of Texas is a significant expansion for Binance US, which only launched in September 2019. The exchange is now available in 42 states, with only California, Hawaii, Idaho, Louisiana, New York, North Carolina, and Washington yet to be added.

The expansion is likely to be welcomed by cryptocurrency traders in Texas, who have few options when it comes to exchanges. Binance US will compete with Coinbase, which is currently the only major exchange available in the state.

In conclusion, yes Binance US is available in Texas.

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