It is official! Florida residents can now buy, trade, and earn digital assets as Binance.US expands its services in America’s third-most populous state.
Binance.US CEO Catherine Coley, who hails from Orlando, tweeted about the new engagement and revealed to CoinDesk that currently, the exchange has a two-year license grant, which enables around 12 million eligible traders to have access on the site, making it the second-largest potential market for the platform.
Florida woman brings crypto marketplace to home state.— Catherine Coley (@cryptocoley) August 25, 2020
Get ready for tomorrow, y'all! https://t.co/sOLHuLsaVp
As the third-largest state in terms of population in the US, Florida can be a good place to launch the exchange's crypto services. However, with its strict regulatory requirements, the CEO shared that they have yet to include it on their initial plan for expansion last year in September. With this development, Florida joins the 37 eligible states to use Binance.US, since it opened its services to much broader American traders. Unfortunately, the exchanges remained unavailable to Alabama, Alaska, Connecticut, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont, and Washington.
Binance.US, as fully registered and regulated crypto and digital assets exchange in Florida, welcomes registrants starting August 25 who wish to sell, trade, and buy in the 40 plus digital currencies it supports.