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Binance​.US Finalized Official Introduction Of Connecticut-based Crypto Trading Services

By Natalie Wu | January 22, 2022

Major US-based crypto exchange platform Binance.US – functioning independently from crypto giant Binance – has reportedly made its trading services available for Connecticut-based customers.

Specifically, starting January 20th, people living in Connecticut will reportedly have the ability to purchase, sell and trade different types of virtual assets, nominally Bitcoin (BTC) and Ether (ETH), on the Binance.US platform.

These customers will further have the chance to tap into the Binance.US mobile app on Android and Apple devices.

Binance.US was reportedly established three years ago (2019) with a primary target of offering regulated crypto trading services to customers based in the US.

At the moment, the trading platform reportedly managed to secure approval for functioning across 44 U.S. states, with goals down its pipeline to obtain the green light for the whole 50 states and territories.

Brian Shroder – Head of Binance.US – further revealed that the expansion of his company is reportedly a sign of the rising demand for virtual assets throughout the nation.

New insights from a survey of Americans carried out by crypto platform Voyager Digital reportedly support the above claim, where approximately two-thirds (61%) of US residents have a possibility of acquiring digital assets in 2022.

Half of the people surveyed reportedly shared that they are open to making extra investments in cryptocurrencies should they have a better grasp of knowledge related to the asset class.

Meanwhile, further insights generated by Arcane Research reportedly suggested that America is the dominating force when it comes to Bitcoin trading. Up until this point of 2022, U.S. trading hours account for 43% of Bitcoin’s average 24-hour trading volumes.

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