Binance.US users can now trade Algorand (ALGO) and Zcash (ZEC) ๐จ This article is 5 years old...
Binance.US users can now trade Algorand (ALGO) and Zcash (ZEC)
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Updated: Nov. 7, 2019 at 6:01 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Binance.US, Binance’s crypto trading created exclusively for customers in the U.S., announced that it had listed two new cryptocurrenciesโAlgorand (ALGO) and Zcash (ZEC). Deposits for the two new cons are currently open in preparation for trading, which will open on Oct. 17 at 9:00 pm EST.
Two new trading pairs added to Binance.US
Customers in the United States using Binance’s crypto trading platform Binance.US can now trade two new crypto pairs.
According to the exchange’s official blog post, Algorand (ALGO) and Zcash (ZEC) are now officially listed on the platform.
However, the exchange noted that withdrawals for both coins will only be enabled after trading begins.
Algorand and Zcash are the latest coins listed on Binance.US, which currently has 17 cryptocurrencies listed for trading against the U.S. dollar.
Binance expanding its U.S. offer
Binance’s U.S. arm has been growing at an extremely fast pace since its launch.
The platform, which officially opened on Sept. 24, 2019, has been listing new coins every few days for the past week, after initially enabling trading only for BTC, ETH, XRP, BCH, LTC, BNB, and USDT.
Trading for Dash (DASH) opened on Oct. 15, just five days after Chainlink (LINK) and Ravencoin (RVN) were both listed on the platform.
The exchange currently enables verified users to trade fiat-crypto and crypto-crypto trading pairs for free until Nov. 1. Binance.US also offers a $15 referral bonus for each new signup.
Earlier in September, the exchange said that it was also considering listing several stablecoins in the following months, including Paxos Standard (PAX), TrueUSD (TUSD), and USD Coin (USDC).
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Algorand
$0.21314
Algorand removes the technical barriers that for years undermined mainstream blockchain adoption: decentralization, scale, and security.
Zcash
$45.7477
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions using advanced cryptography.
Pax Dollar
$0.99998
Pax Dollar (previously Paxos Standard) is a regulated crypto asset.
Binance.US
Binance.US will provide secure and reliable cryptocurrency trading to users in the United States.