Exchanges

Binance.US launches in Florida in next step of nationwide expansion

Binance.US has launched in the state of Florida today, giving more than 12 million Americans who are over 18-years-old access to cryptocurrencies.

Florida becomes the 38th state Binance.US supports as they push to expand access to the entire United States.

Florida has been labelled as a hub for blockchain and digital asset innovation, with visible demand from its citizens for cryptocurrency products.

Binance.US’s CEO, Catherine Coley, grew up in Florida and believes it will be a key state for the exchange as it continues to expand across the heavily-regulated landscape of America.

“Florida is home to innovators and new businesses, forever supporting its citizens as they build towards their financial independence. We’re thrilled to bring Binance.US to the Sunshine State.” Coley said.

“Growing up in Florida, it’s especially rewarding to bring digital assets to the state where I loved watching the Orlando Magic play and seeing space shuttles launch from Cape Canaveral. It is truly a state of dreamers and doers.”

As of yesterday, August 25, customers in Florida can register their accounts and instantly trade on the platform, which is registered and fully compliant with Florida’s regulatory requirements.

Binance.US currently offers over 40 cryptocurrencies including Bitcoin, Ethereum and most recently listed Maker, DAI and Compound. In addition, Binance.US  offers a ‘Recurring Buy’ option for users to automatically buy crypto daily, weekly, bi-weekly or monthly.

According to a press-release shared with Coin Rivet, Binance.US is currently working on adding new states following extensive work with regional and federal regulators.

For more news, guides and cryptocurrency analysis, click here.

Oliver Knight

Londoner ‘Ollie’ graduated from Birmingham City University with a journalism degree in 2016. He combines his writing with his love of crypto and blockchain here at Coin Rivet, saying “It disrupts well-established institutions (banks) while giving an avenue to the less fortunate to achieve financial freedom.” Like all true Londoners, his pet hate is… “People standing on the left-hand side of the escalators on the Tube!”.

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