There is finally some clarity about the launch of Binance’s US-based division. According to a recent blog post that was penned by the exchange’s CEO Catherine Coley, the exchange will go live in a couple of weeks.
All users will be required to complete their KYC in order to start trading on the platform. This is a major difference from the Malta-based Binance exchange that still allows trading smaller amounts of crypto without requiring identity verification. Binance.US prioritizes regulatory compliance, which is a must in the US.
Coley also said that they are planning to launch an app in the future.
As reported by U.Today, Binance earlier revealed the list of coins that were supposed to get listed on the new exchange.