Binance, Exchanges

Is There a Binance US App?

Binance US, the American arm of the world’s largest cryptocurrency exchange, is now live. The long-awaited launch comes after months of testing and development, with the exchange initially announcing its intention to enter the US market back in June.

At launch, Binance US will offer trading pairs with Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and Tether (USDT). The exchange has also said that it will add more coins and tokens in the future.

One notable absent from the list is XRP, which was recently delisted by Binance.com.

The decision to delist XRP was made in response to the SEC’s lAWSuit against Ripple, which alleges that the company engaged in unregistered securities offerings. Binance US has not yet commented on whether or not it will also delist XRP.

NOTE: WARNING: Binance US does not currently offer a mobile application. The Binance app is the official mobile application for the Binance exchange and is not intended to be used with the Binance US exchange. Use of the Binance app with Binance US may result in unpredictable outcomes, including account suspensions and/or loss of funds.

The launch of Binance US is a major expansion for the company, which is already the world’s largest cryptocurrency exchange by daily trading volume. Binance CEO Changpeng Zhao has said that he expects the US market to eventually account for “a large portion” of Binance’s overall business.

The launch of Binance US comes as the cryptocurrency industry is facing increasing scrutiny from regulators in the United States. Recently, the SEC has taken action against a number of companies and individuals for allegedly violating securities lAWS.

The SEC’s lAWSuit against Ripple is just one example of this increased scrutiny. In another case, the SEC charged two executives at messaging app Telegram with conducting an illegal $1.

7 billion ICO. And earlier this month, the SEC announced charges against NBA player Spencer Dinwiddie for his involvement in a digital token offering.

As regulators crack down on potential violations, it’s likely that we will see more exchanges launching in compliance with US lAWS and regulations. Binance US is one of the first exchanges to do so, and it will likely be followed by others in the coming months and years.

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