Binance.US Is Listing Algorand (ALGO) and Zcash (ZEC)

Binance.US, Binance's trading platform for its customers in the U.S., announced on Thursday (October 17) that it had added support for two more cryptoassets: Algorand (ALGO) and Zcash (ZEC).

Binance.US, which was launched in September 2019, is a digital asset exchange that is "powered by matching engine and wallet technologies" licensed from Binance but is operated by San Francisco-based BAM Trading Services.

Other cryptoassets that Binance.US has listed this month include:

  • October 15: Dash (DASH)
  • October 10: Chainlink (LINK) and Ravencoin (RVN)

Binance.US says that it has already started taking deposits for ALGO and ZEC. It should be noted that in the case of ACH USD deposits, "you will be able to buy and sell digital assets from your USD wallet immediately, but deposited funds are placed under an initial hold of 10 days before you can take them out of Binance.US."

The new trading pairs—ALGO/USD and ZEC/USD—are set to go live at 21:00 EST on 17 October 2019 (or 01:00 UTC on 18 October 2019).  Only once trading in these pairs has gone live will withdrawals be possible.

This latest addition means that by tomorrow Binance.US will have the following trading pairs on offer:

  • BTC-Based Pairs: ETH/BTC, XRP/BTC, BNB/BTC, LTC/BTC, and BCH/BTC.
  • USD-Based Pairs: BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, USDT/USD, ADA/USD, BAT/USD, ETC/USD, XLM/USD, ZRX/USD, LINK/USD, RVN/USD, DASH/USD, ALGO/USD, and ZEC/USD.
  • USDT-Based Pairs: BTC/USDT, ETH/USDT, XRP/USDT, BCH/USDT, LTC/USDT, BNB/USDT, ADA/USDT, BAT/USDT, ETC/USDT, XLM/USDT, and ZRX/USDT.

Featured Image Courtesy of Binance