The crypto exchange Binance US is finally available for beta testing on Android devices according to a tweet published earlier today as we are reading further in the Binance news today.
According to the tweet, the crypto exchange Binance US urged the public to participate in the beta testing for trading applications on all Android devices. Over the testing phase, all of the users will be able to help the platform to identify the possible flaws and work on them before the app’s launch for a bigger audience. The news comes shortly after the announcement of the Binance.US app beta test phase for all the iOS users back on December 18. The beta testers were set to use the app for a specific period of time reporting back a lot of bugs and issues and gave feedback about the app as well which will hopefully help the platform to decide whether or not the app is ready for full release.
In the past few months, Binance US has actively expanded its offerings as back in November it started offering its users purchasing digital currencies with their debit cards and also joining existing US dollar on-ramp and off-ramps including automated clearinghouse and the bank wire as well. In the meantime, news broke that the crypto exchange Binance.US will start offering institutional liquidity for Tagomi’s users including venture funds, quant funds, family offices, and high-net-worth individuals. Tagomi’s customers will start receiving more access to the exchange’s select trading pairs.
On the other hand, the growth of the US-based crypto exchange Huobi.com, HBUS, also announced recently that it would cease all operations. The move came amidst the wake of Huobi Global’s announcement that it would freeze all of the US customers’ accounts by mid-November. Explaining this decision, Huobi claimed that the American regulatory environment for cryptocurrencies was the main reason that forced the platform to bar all US-based users from the platform.
As per the previous reports, In October alone, Binance US handled a lot of all-time highs in trading volume on the back of Bitcoin and its move from $7,400 to $10,500 which spiked a lot of interest in the crypto news. The exchange hit a single-day high of $32.7 million in trading volume on October 26, making it one of the top gainers in the exchanges which saw gains during that period (in terms of normalized volume).
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