Binance partners with BAM to launch US exchange

(source: Unsplash/Ferdinand Stohr)

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Global cryptocurrency exchange Binance has partnered up with BAM Trading Services Inc in order to begin preparation to launch trading services for users in the United States, acknowledged by its recently approved FinCEN registration on June 11, 2019, according to a Binance press statement.

“We are excited to finally launch Binance.US and bring the security, speed, and liquidity of Binance.com to North America,” said 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 honour 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.”