Well, folks, hold onto your wallets! The US branch of the world’s biggest crypto circus, Binance, has decided to dust off its dollar services after a three-year snooze fest! 💤💵
In a shocking twist that nobody saw coming (except maybe your grandma), they announced today that as of February 19, the greenback is back in action! 🎊 And they’re rolling it out to “all eligible customers” like it’s a new iPhone release. Get in line, people!
What’s on the menu for our US-based crypto enthusiasts? Well, you can now deposit and withdraw in good ol’ USD by linking your bank account. You can also buy crypto directly with dollars, convert between crypto and USD, and trade those pairs like you’re at a carnival! 🎡 Plus, you can set up recurring buys in USD—because who doesn’t want to throw money at digital coins every month?
But wait, there’s more! Binance US is also offering a buffet of other services, including staking crypto assets (ETH, SOL, BNB, ADA, and more), claiming a crypto domain (because who doesn’t want a piece of the internet?), placing OTC trades (up to $10,000—don’t spend it all in one place!), trading via API, and accessing their fancy institutional platforms. It’s like a crypto buffet, and you’re invited! 🍽️
Now, let’s rewind to June 2023 when Binance decided to take a little vacation from USD services after the SEC threw a lawsuit party. 🎉 The then-CEO, Changpeng Zhao, had to step down and even took a little field trip to prison in 2024 for not playing by the anti-money laundering rules. Talk about a plot twist!
Fast forward to today, and with the winds of change blowing after Donald Trump’s victory, there’s hope that the SEC might just settle down and stop throwing lawsuits like confetti. 🎈 Although the lawsuit against Binance is still technically alive, they’ve agreed to hit the pause button for 60 days. Let’s hope they don’t hit the snooze button again!
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2025-02-19 18:42