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Ethereum, XRP, BTC and Litecoin deposits to be accepted on Binance.US from Sept 18

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Ethereum, XRP, BTC and Litecoin deposits to be accepted on Binance.US from Sept 18

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The much awaited launch of Binance’s U.S. arm finally marks its beginning as Binance.US announces accepting user registration from 18 September. The news was made public through Binance.US’s official Twitter handle, which said,

“Prepare for Launch: http://Binance.US User Registration Opens Next Wednesday!

@BinanceAmerica
will open account registration & begin accepting deposits of BTC, ETH, XRP, BCH, LTC & USDT on Sept 18th, 2019, at 8am ET.

This kicks off our first phase!”

As per the official release, the initial registration phase will enable users to sign up and select the tier of verification based on their desired withdrawal limits. This will allow them to make deposits across the initial selection of digital assets consisting of BTC, ETH, XRP, BCH, LTC, and USDT.

Although Binance has not revealed any trading pairs, the release document also states that users will be notified “with an update detailing when trading will go live for specific pairs.” Additionally, it mentioned,

“After trading launches for this first phase, we will be continually adding to the selection of digital assets available for verified users to deposit and eventually trade on Binance.US”

Hinting towards future updates, Binance has said that the trading availability of the digital assets will be based on their U.S. specific “Digital Asset Risk Assessment Framework.”

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Arijit is a full-time journalist at AMBCrypto, who focuses on the XRP and Ethereum ecosystem. Leveraging over three years of experience in media and Majoring in Computer Science, he covers the technical developments in the crypto ecosystem
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