Binance, one of the most influential exchanges for international traders, plans to open a US-based branch, specifically targeted to US traders. The Binance team announced the upcoming launch, coming along with a BAM Trading partnership.
“We are excited to finally launch Binance.US and bring the security, speed, and liquidity of Binance.com to North America,” said CZ (Changpeng Zhao), CEO of Binance. “Binance.US will be led by our local partner BAM and will serve the U.S. market in full regulatory compliance.”
The news of a special US division arrives just as Binance announced it is closing off all US states from trading on Binance.com. Despite the Asian origins of the exchange, US traders have made as much as 30% of all trades. But