United States branch of major cryptocurrency exchange Binance, Binance.US, announced that the opening of accounts registration, scheduled for Wednesday, will not include some states including New York, Washington, Florida and more.
According to the blog post published on Medium on September 17th, registration will start at 8 a.m. ET on September 18th in most U.S. states, excluding Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont and Washington. The post states:
“Although it is upsetting that we cannot offer Binance.US in [these] states […] at this time, please rest assured that this is just the beginning, and it is our mission to bring access to those of you in these states many of us call home.”
Once the registration process has started, Binance.US will begin accepting inbound transfers of Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash, Litecoin, Tether and USD “upon appropriate account verification.” According to the announcement, there would be no trading fees until November 1st.
It is also noted that trades on Binance.US will be separate from Binance.com since the former is a separate company, operated by BAM Trading Services. U.S.