MALTA—Binance plans to launch its Binance.US, a cryptocurrency exchange that will be accessible by U.S.-based users, in “the coming weeks.”
At first, the platform will only accessible via mobile or desktop browser; eventually an app version of the exchange will be released, Finance Magnates reported.
The company said KYC checks for Binance.US would begin several days before the platform is fully operational. In order to trade on the platform, U.S.-based users will be required to provide a valid piece of government-issued identification, along with their social security numbers, Finance Magnates reported.
The list of states where the exchange will be allowed has not yet been released: “We are finalizing the list of states where we will start to roll out service to users and will release this list before we begin onboarding customers,” the company said.