Binance.US Opens Registration Today, but excludes Frank because New York is the worst

Frank DeLalla
September 18, 2019

I'm sick of New York. No Binance for me.

“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.”

Yes, it is upsetting, Binance person, whoever you are. But I do love Binance. Why do I love Binance? It was easy to use and had very good liquidity. Will the new US exchange be the same?

"It is also noted that trades on Binance.US will be separate from since the former is a separate company, operated by BAM Trading Services. U.S. users’ digital assets will also be stored in Binance.US wallets. (Ref.)

So maybe not right away.

On a positive note, Binance was able to make a deal with NY regarding its new stable coin.

"New York regulators have approved the launch of a new cryptocurrency developed by global exchange Binance. A collaborative effort between Binance and digital asset infrastructure developer Paxos, the stablecoin, Binance USD (BUSD), will be pegged to the US dollar.
According to today’s announcement, consumers will be able to buy BUSD and redeem the stablecoin 1:1 for the US dollar on the Paxos platform. Users will also be able to buy BUSD on for trading against three initial pairs: BUSD-Bitcoin (BTC), BUSD-Binance Coin (BNB) and BUSD-XRP.

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