Binance gets access to 12 million potential US traders

The trading platform has become available to residents of Florida.

The popular digital asset exchange Binance has received regulatory approval to operate in the third most populous state of the United States – Florida. Information about this appeared on the official website of the trading platform and the blog of the company’s CEO, Changpeng Zhao.

According to the site, Florida citizens will be able to buy and trade digital assets on the platform, as well as earn cryptocurrency. Binance’s US CEO Katherine Coley also drew attention to the upcoming launch on her Twitter account. In an interview with CoinDesk, the specialist noted that the license opens up the access to 12 million potential traders.

The US division of Binance launched in September 2019. Florida has become the 38th US state in which the company is allowed to operate. The company is currently not authorized to work in such densely populated centers as New York and Texas. Users commenting on the news drew attention to the need for further expansion of the trading platform in the United States.

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