Binance US – The American arm of major Malta-headquartered crypto exchange Binance – has reportedly added debit cards to their existing payment options for digital coins. 

Revealed by the firm on November 1, Binance clients will now be able to use debit cards for buying digital coins, together with the current U.S. dollar on-ramp and off-ramps, along with the automated clearing-house (ACH) and bank wire.

Binance US also revealed that within a month since the firm officially offers services, its day-to-day trading volume has witnessed a dramatic surge, reaching up to $15 million. The number of tokens listed also experienced a sharp incline, going from 7 to 24, with a total of 40 trading pairs available for U.S. clients. 

Binance US has begun facilitating transactions starting Sept. 24, 2019 and has achieved the record-breaking $10 million in volume on October 23. 

Also in October, Binance US updated that the FDIC insurance coverage also includes funds deposited by Binance clients, which means that the firm will keep the U.S. dollar-based deposits in pooled custodial wallets, located in a wide array of banks insured by the FDIC – the US governmental department in charge of protecting deposits and the U.S. financial system.