Binance, Exchanges

What States Can Use 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. Binance US is a centralized exchange that will offer trading in a selection of digital assets, including bitcoin (BTC), ether (ETH), XRP and bitcoin cash (BCH), among others.

The exchange will also feature a number of security measures, such as two-factor authentication and “know-your-customer” compliance. Binance US is a subsidiary of Binance Holdings Ltd.

NOTE: WARNING: It is important to note that not all states are eligible to use Binance US. Currently, only the following states are eligible for Binance US: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming.

Any users from other states will not be able to use the Binance US platform. Furthermore users should consult their own advisors and/or state regulators to determine whether they are eligible to use this platform.

, which is headquartered in Malta.

In July, Binance CEO Changpeng Zhao said the Malta-based company was “working on” launching an exchange in the US. At the time, he said the platform would initially only be available in about 10 states.

Binance US is one of several cryptocurrency exchanges that have recently launched or are planning to launch in the US market. Others include Coinbase, Kraken and Gemini.

The launch of Binance US comes as the cryptocurrency market has been on a roller coaster ride over the past few months. Bitcoin, the largest digital currency by market capitalization, surged to nearly $20,000 in December but has since fallen back below $4,000.

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