Binance.US Launches New App on iOS and Android

Published at: Jan. 14, 2020

On January 9th, digital asset marketplace Binance.US unveiled a mobile app for iOS and Android users.

Early user response?

After successful beta testing on both iOS and Android versions in December, users can now trade over 25 digital currencies in real-time. “Binancians” can track and analyze market movements, as well as trade within ACH limits up to $30k, make wire transfers, and make debit card payments.

Existing customers in 37 eligible states can seamlessly access their accounts. New users get a $15 signup bonus and 30 days of free trading. Binance.US CEO Catherine Coley told Cointelegraph that the app is “made specifically for them. One of Binance.US’ unique features is that we actually listen to our customers.”

So far, the app has apparently impressed early users, having garnered a 4.4 rating on GooglePlay and a 4.9 on the App Store. Android user Smiles J writes, “Binance app […] is super clean, very quick and responsive.” iOS user Rutledge Long writes, “The app is completely cross-functional, enabling me to do all of my crypto business virtually anywhere my phone gets service.”

Hopes for 2020

The new app is apparently just the start for the exchange’s relatively young U.S. arm. Coley projected positively into 2020:

“The app launch makes strides towards achieving one of our goals for 2020: to build an everyday product that’s a part of people’s everyday lives […] We want to serve as an entry point for Americans to move from speculation about crypto to actually using it as a financial tool.”

Tags
Related Posts
Binance Invests in Taiwanese Blockchain Data Monetization Startup Numbers
Major cryptocurrency exchange Binance has invested an undisclosed sum in blockchain data monetization startup Numbers. According to a post published on Binance’s official blog on Jan. 21, Numbers aims to create an open, transparent and traceable data sharing, verification and management system. The firm’s open source application reportedly allows individuals to own and monetize their personal data. Since last year, Numbers has reportedly worked with nonprofit Shoah Foundation, the Stanford University and IBM to develop data traceability and verification systems to preload on the Exodus, the blockchain smartphone of tech giant HTC. Binance’s strategy officer Gin Chao said: “Numbers app …
Blockchain / Jan. 23, 2020
Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’
Major cryptocurrency exchange Binance’s United States-based branch Binance.US will launch in the coming weeks, preceded by Know Your Customer (KYC) registration a few days earlier. According to a Medium post published by Binance.US on Sept. 6, while the launch of the trading platform itself is expected in the following weeks, KYC onboarding will start a few days earlier. The aim of this is to ensure that users will have time to verify their accounts and deposit their funds. KYC requirements To complete the onboarding process, users will be required to provide a valid government ID — driver’s license or a …
Blockchain / Sept. 8, 2019
Binance Futures Daily Trading Volume Over $150M in Invite-Only Mode
The 24-hour trading volume of major cryptocurrency exchange Binance’s futures markets has exceeded $150 million denominated in Tether (USDT). On Sept. 10, a Reddit user published their findings on Binance’s futures markets performance. Over the past 24 hours of trading, the figures reached notable volumes in the Bitcoin (BTC)/USDT pairing, bringing the daily trading volume to over $151 million in USDT. Closed testing mode Binance initially launched two futures testnet platforms named Futures A and Futures B on Sept. 2, inviting users to participate in a 10,000 Binance Coin (BNB) trading competition. During the competition, Binance said it would provide …
Blockchain / Sept. 10, 2019
Binance Unveils Latest Compliance Partnership Targeting Anti-Money Laundering
Cryptocurrency exchange Binance has partnered with blockchain monitoring solutions provider Elliptic to boost its regulatory compliance as part of its international expansion, a Binance spokesperson confirmed to Cointelegraph on May 1. As part of plans to ensure smooth operations in new countries with varying regulations on cryptocurrency, Binance will use Elliptic to ensure it can comply with various demands from authorities. According to a press release shared with Cointelegraph, Binance’s chief compliance officer Samuel Lim states that the latest deal will focus on Anti-Money Laundering (AML). Last month, the exchange also teamed up with blockchain analytics firm CipherTrace, also centering …
Blockchain / May 2, 2019
Binance Chain Launches, Firm Expects to Execute Mainnet Swap on April 23
Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18. The major crypto exchange first revealed its plans to launch its own blockchain in December 2018, intending to build a basis for issuing new cryptocurrencies and initial coin offering tokens. According to the announcement, Binance is producing blocks with consensus from the genesis block as of today, with its native coin BNB planned to be issued in the genesis block. Binance Chain Explorer and Web Wallet will be available to …
Blockchain / April 18, 2019