World's leading cryptocurrency exchange Binance has outlined some of the key features to be expected as the launch of its United States-based branch Binance.US approaches.
According to a Medium post published by Binance.US on Sept. 6, while the launch of the trading platform itself is expected in the following weeks, KYC will start a few days earlier. The aim of this is to ensure that users will have time to verify their accounts and deposit their funds, which reads:
"We are planning to launch in the coming weeks. We will open KYC onboarding a few days prior to live trading so you will have time to verify your account and deposit funds."
To complete the onboarding process, users will be required to provide a valid government ID — driver’s license or a passport — and their social security number. According to the post, the list of states where Binance.US will be available is not yet finalized, but it will be released before the start of the onboarding process.
While it plan mobile app for the exchange in the future the publication states:
"We will provide desktop/mobile web access for the initial launch and will have an app version in the future."