Exchange News

Binance.US now supports crypto users from Alaska

TL:DR Breakdown

  • Binance.US is now opened for crypto users in Alaska to trade digital currencies.
  • The US exchange quickly opening to all the US states as Binance plans to wind up support for American users

Binance.US, the United States division of the leading cryptocurrency exchange, recently announced that it had opened doors for digital currency users in Alaska. The exchange was only available in a few states when it launched due to local regulation. However, more states have been added so far, as it intends to serve all the 50 states in the country, including New York. 

Meanwhile, today’s development comes just a day after the parent exchange, Binance issued a warning for American traders to leave.

Binance.US opens for Alaskan

As Binance.US opens doors for Alaska, crypto investors and traders in the region are now supported to register with the exchange for buying and selling digital currencies. Following the latest support for Alaska, there are presently six states not supported for Binance.US account – Connecticut, Hawaii, Idaho, Louisiana, New York, Texas, Vermont, and Washington. The US exchange plans support all 50 states by 2021. 

As recently as September 15, the exchange announced support for the 39th and 40th states after launching regulated services for two states – Alabama and Georgia. Binance.US has been quickly launching support for the many states, as the parent exchange plans to wind up support for US users completely. 

Binance ends support for US customers

On November 24, Binance issued emails to customers in the US, urging them to withdraw their crypto assets within a period of two weeks.

The exchange seemed more serious this time, as the American users have been avoiding the previous warnings. Most of the remaining US customers were probably using VPNs to access the platform, as the exchange warned that they were “trying to access Binance while having identified [themselves] as a US person.” 

This post was last modified on January 7, 2021 8:33 am

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.

Recent Posts

Polkadot Price Analysis: DOT sets new high above $45, a retest of $43 as support to follow?

TL;DR Breakdown Polkadot price analysis is bearish today.DOT/USD set a higher high at $45 yesterday.Polkadot… Read More

October 21, 2021

Elon Musk reacts to Bitcoin hitting record high

TL; DR Breakdown Tesla CEO Elon Musk posted an adorable meme to celebrate Bitcoin's new… Read More

October 21, 2021

Bitcoin Cash Price Analysis: Bulls aims for $680 next

TL;DR Breakdown Bitcoin Cash price analysis is bullish.BCH/USD continued to retrace yesterday.Bitcoin Cash is currently… Read More

October 21, 2021

Tezos Price Analysis: We expect XTZ to spike to $7.5 in the day

TL;DR Breakdown Tezos price analysis is bearish today.XTZ/USD is currently at $6.2.Next support at $6.… Read More

October 21, 2021

Terra Price Analysis: Luna set to break above the intraday highs of $44

TL;DR Breakdown Terra price analysis is bullish today.LUNA/USD started to push higher overnight.Luna is trading… Read More

October 21, 2021

Aave Price Analysis: AAVE/USD to break above $335 today

TL;DR Breakdown Aave price analysis is positive on the 24-hour chart.AAVE/USD back to $290 support.Closest resistance… Read More

October 21, 2021

This website uses cookies.