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Binance.US users can now trade Algorand (ALGO) and Zcash (ZEC) Binance.US users can now trade Algorand (ALGO) and Zcash (ZEC)
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Binance.US users can now trade Algorand (ALGO) and Zcash (ZEC)

Binance.US users can now trade Algorand (ALGO) and Zcash (ZEC)

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 cryptocurrencies–Algorand (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.

Binance Algorand and Zcash announcementWhile trading for the ALGO/USD and ZEC/USD trading pairs will begin on Oct. 17, at 9:00 pm EST, customers can already deposit both coins.

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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