Global cryptocurrency exchange Binance today announced its partnership with BAM Trading Services Inc. to begin preparation to launch trading services for users in the United States.
Binance will license its matching engine and wallet technologies to its US partner BAM to launch Binance.US, acknowledged by its recently approved FinCEN registration on June 11, 2019.
“We are excited to finally launch Binance.US and bring the security, speed, and liquidity of Binance.com to North America,” said CZ (Changpeng Zhao), CEO of Binance. “Binance.US will be led by our local partner BAM and will serve the U.S. market in full regulatory compliance.”
BAM Trading Services will support Binance.US to launch, with a focus on the trading of mainstream cryptocurrencies with liquidity.
“It is an honor to partner with Binance to launch the U.S. extension of Binance, leveraging its tier-one security and technology in tandem,” said a representative from BAM Trading Services. “We are committed to providing a secure and compliant platform, and beginning the start of a fruitful alliance with Binance.”
More information will be shared by the company at a later date.