Binance.US Now Supports Algorand (ALGO) and Zcash (ZEC)
Binance.US started operating in September 2019, launched by Binance as on US-only crypto exchange under the operation of San Francisco-based BAM Trading Services.
This month, Binance.US expanded its listing with three new coins, listing Dash (DASH) on October 15, Chainlink (LINK), and Ravencoin (RVN) on October 10. The exchange has hinted that they will continue adding new coins by carrying on with their evaluation process:
“We will continue evaluating coins, tokens and trading pairs to offer on Binance.US in accordance with our Digital Asset Risk Assessment Framework, community feedback, and market demand.”
Binance.US has already enabled deposits for ALGO and ZEC. If you make USD fiat deposits through ACH, you will be able to “buy and sell digital assets from your USD wallet immediately, but deposited funds are placed under an initial hold of 10 days before you can take them out of Binance.US.”
The ALGO/USD and ZEC/USD trading pairs are scheduled to go live at 21:00 EST on 17 October 2019 (or 01:00 UTC on 18 October 2019). ALGO and ZEC are temporarily only available for making deposits. Withdrawals will be enabled after trading will go live.
Currently, Binance.US lists the following trading pairs:
BTC-Based Pairs: ETH/BTC, XRP/BTC, BNB/BTC, LTC/BTC, and BCH/BTC.
USD-Based Pairs: BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, USDT/USD, ADA/USD, BAT/USD, ETC/USD, XLM/USD, ZRX/USD, LINK/USD, RVN/USD, and DASH/USD.
USDT-Based Pairs: BTC/USDT, ETH/USDT, XRP/USDT, BCH/USDT, LTC/USDT, BNB/USDT, ADA/USDT, BAT/USDT, ETC/USDT, XLM/USDT, and ZRX/USDT.
Tomorrow, this list will be joined by ALGO/USD and ZEC/USD, bringing the total number of trading pairs available on Binance.US to 33.
Featured image: www.binance.us