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Binance US | Launches Debit Card Payments

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Binance US | Launches Debit Card Payments

In the first 30 days since its launch, the American digital assets market, Binance.US, has surpassed $ 15 million in daily trading volume and increased token listing from seven to 24 tokens, bringing US total of 40 trading pairs brings.

Beginning today, users can purchase cryptocurrencies on Binance.US with debit cards and connect existing USD up and down flights, including ACH and bank transfer. Traders can now start trading with BNB to get a discount.

Binance.US is a fast, secure and reliable digital asset marketplace that was launched in late September and now provides access to the purchase and sale of the following digital assets: Bitcoin (BTC), BNB, Ethereum (ETH), XRP, Bitcoin Cash ( BCH)), Litecoin (LTC) and Tether (USDT), Algorand (ALGO), Basic Attention Sign (BAT), BUSD (BUSD), Cardano (ADA), Link (LINK), Cosmos (ATOM), Dash (DASH), Dogecoin (DOGE), Ethereum Classic (ETC), IOTA (IOTA), NEO (NEO), Ravencoin (RVN), Star (XLM), Waves (WAVES), Zcash (ZEC), and 0x (ZRX).

Binance.US currently serves 37 states and Puerto Rico and is seeking licenses to service the rest of the United States. Catherine Coley, CEO of Binance.US, commented, “This is just the beginning. We want our marketplace to be an accessible educational platform for all who want to participate in this global movement. “

Earlier this month, Binance.US raised its Automated Clearing House (ACH) limits on USD deposits and withdrawals, allowing US users to send up to $ 5,000 through their initial ACH deposit. After this initial amount is balanced, the depositor’s ACH limits increase to $ 30,000. There are no fees for USD deposits or withdrawals through ACH, which facilitates access to digital assets over USD.

Binance.US also announced that USD deposits are eligible for FDIC insurance coverage. All USD deposits are collated into deposit accounts at several banks insured by FDIC. The pooled custody account accounts are maintained to provide access to pass-through FDIC coverage up to the current deposit coverage limit of $ 250,000. FDIC’s cover protects depositors from the risk of loss in the event of a FDIC insured bank default.

“Cryptocompetence offers Americans the opportunity to unlock new financial freedoms in a global ecosystem. Binance.US is pleased to promote these opportunities as a marketplace tailored to the needs of US users, “added Coley. “Regardless of whether you are turning your first dollar into Bitcoin or running your business through our platform, we have standardized globally validated technologies to provide a secure, accessible marketplace with a wider range of digital assets and personalized customer support agency in the hands the user. Binance.US is not only a means of exchanging assets, but also helping users access their personal wealth, develop it, and keep it under control. “

In the coming months, Binance.US will continue to expand its roadmap to further reduce entry barriers for new and existing users.

About Binance.US

Binance.US is a fast and secure digital asset marketplace that provides US users with the world’s leading technology, speed, and experience for cryptocurrency trading. Based in San Francisco, California, Binance.US is operated by BAM Trading Services and is based on the latest engine and wallet technologies licensed by Binance.

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