Reef has published a blog post to announce that $REEF has got listed on the American arm of Binance, allowing users in the United States of America to now deposit and withdraw the token from the platform.
Binance.US is the American arm of Binance that came into existence in 2019. It is made available specifically to American users to enable them to trade, buy, and earn cryptocurrencies while adhering to US regulations.
Binance is a globally known crypto exchange platform with a Malta headquarters. Its economy functions on the native token, which is BNB. Binance supports over 100 cryptocurrencies and trading pairs.
Users registered on Binance can avail of the benefit of mobile trading that emperors them to trade on the go at their convenience. Binance reviews worldwide have appreciated the mobile trading feature that is also available through the app on Android and iOS.
Users will have options to either go for the REEF/USD pair or the REEF/USDT pair of a stablecoin. Additionally, users will have three payment methods available on the platform: bank transfer, wire transfer, and debit card.
The listing allows Reef to serve the US-based community and grow its base in a new region while following the government’s regulations. As for the users, they now have another trading opportunity to grab onto and expand their digital portfolio. The goal is to make Web3 tools accessible to as many users as possible.
Denko Mancheski, the Chief Executive Officer & Founder of Reef, said that the team was thrilled to be affiliated with Binance. Denko Mancheski added that the listing was a major milestone in allowing the venture to grow its community with more trading opportunities.
Getting listed on Binance.US further strengthens the mission of Reef, wherein it commits to making Web3-based innovations accessible to everyone through a reliable, fast, and efficient ecosystem. Denko Mancheski concluded her note by stating that Reef was now looking forward to greater coordination to provide an enhanced user experience.
Tricia Lin, the Head of Listings at Binance.US, responded by warmly welcoming Reef onto the platform, saying they were happy to list the token as Reef continues to grow its community in the US.
The mission statement of Reef, to be more specific, highlights the aim of becoming the powerhouse for the next generation innovations & developments of Web3 and making them accessible to the entire community of users.
Reef is looking to reach a billion users with its specially designed services for Web3 and making it widely accessible. Reef is an EVM-first blockchain that is designed for the said purpose. The platform utilizes Nominated Proof of Stake to offer high scalability and economic transactions.
The platform can accommodate the needs of the future, making it the future of blockchain for decentralized finance, non-fungible tokens, and gaming.