- US officially launched an iOS-based crypto trading app for devices like the iPhone and iPad
- The new app lets users trade BTC, BCH, ETH, LTC, and XRP
- Apps like this are necessary if Binance.US wants to push mainstream adoption for crypto
Cryptocurrency News Today – Countless factors must be in play if digital assets are to get mainstream adoption. Businesses must begin to accept Bitcoin and altcoins as a means of payment which has been happening recently. Convenience or ease of use is another consideration. Users must have the option to buy and sell crypto easily especially while they are out and about. This is the main reason why crypto trading apps are important. Now, Binance.US has brought mobile trading to iOS users after releasing its new trading application.
The Benefit of Trading Crypto While Out and About
This new crypto trading app is available on the Apple App Store. It lets users trade and buys cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Litecoin and XRP. According to the exchange, additional Bitcoin and altcoin trading pairs will join the trading app soon. Those who want to use the new app will be required to set up a Binance.US account. The requirements for users include regular KYC like ID verification after which they link a debit card or bank account to the app and then deposit some cash to start trading. Other requirements for the iOS-based crypto trading app include about 189.6 MB application storage space and an iOS 10.0 device. The app also comes in multiple languages including English, French, Dutch, German, Italian, Korean, Russian, Portuguese, Simplified Chinese, Spanish, Vietnamese and Turkish.
The Benefit of Convenience
Trading apps like this one is necessary to facilitate the mainstream adoption of cryptos. The more people engage in trading of cryptos, or they just gain the ability to look up their current holdings while on the move or waiting for the start of a work meeting, the more ingrained digital currencies become in our day-to-day life.
— Binance.US (@BinanceAmerica) January 6, 2020
Since people are now always connected to their mobile devices or smartphones, the usage of convenience apps is an essential component of greater acceptance to virtual assets. For now, there are just 18 reviews for this new Binance.US iOS-based crypto trading app. However, these reviews rank the app as five stars from five.
One review describes it as an easy to use interface. Another review calls the app an option that offers exciting features like “instant ACH deposits, a variety of cryptos to sell, and very low fees. Binance.US reportedly boasts a trade volume of $9.8 million. BTC is the number one trading crypto on Binance.US, with the BTC/USD trading pair responsible for over $3.5 million in the last 24 hours