Bitcoin -88.30
$7,121.15 -1.24%
Ethereum -3.69
$141.24 -2.61%
XRP -0.00
$0.22 -0.83%
EOS -0.04
$2.55 -1.75%
Litecoin -0.82
$43.36 -1.89%
Bitcoin Cash -2.59
$203.55 -1.27%
Cardano -0.00
$0.04 -1.56%
Monero -0.93
$52.13 -1.79%
IOTA -0.00
$0.19 -2.15%
  • About
  • Bitcoin
  • Ethereum
  • Business
  • Exchanges
  • Hacks
  • Technology
  • Trading
Site Logo
cntldr > Posts > Exchanges > Binance.je Exchange Hits The Ground Running

Binance.je Exchange Hits The Ground Running

Binance.je Exchange Hits The Ground Running

Exchanges
17/01/2019 by CN [TL;DR]
Share Tweet Share Share Pin it
Binance.je exchange sees registration delays as users flood to trade bitcoin and ethereum against euro and pound fiat pairs.

TLDR: Binance.je exchange – brand new Jersey-based fiat exchange allowing GBP and EUR deposits has been hugely popular, leading to sign-up delays. Read More.



CZ, CEO of the world’s largest cryptocurrency exchange took to Twitter this morning, announcing a huge influx of traders to the company’s newly launched Binance.je exchange .

https://t.co/THxfdd3RD2 is overwhelmed with registrations. There is a backlog of KYC verifications already. More resources are allocated to reduce it. In the mean time, we appreciate your understanding and patience. The registration prize is FIFO based, no worries. Just crazy!

— CZ Binance (@cz_binance) January 17, 2019


Binance.je exchange is a first for the company, allowing users to deposit, withdraw and trade using both GBP and EUR fiat currencies. Previously Binance was only able to offer cryptocurreny to cryptocurrency trading pairs.



It officially launched yesterday, with a twenty euro reward available for the first five thousand users to sign up.



But as CZ relates, the amount of users combined with the lengthy KYC (Know Your Customer) process the exchange must follow has led to a backlog.



The company has been able to launch a fiat exchange thanks to its new office in Jersey, close to both the UK and rest of Europe which brought 40 jobs to the island. Jersey was selected because of its “clear and pro-crypto investment and regulatory environment”, according to a blog post from CZ at the time.


Binance.je is set to be a major boost to the rapidly growing company, allowing it to compete with existing fiat on-ramps such as Coinbase and Kraken.

The company doesn’t plan to stop here, however. Last month Binance developers showed a video of their upcoming decentralised exchange, which will allow users to trade crypto without handing over their private keys.


Support Our Work

Why support us? We work 24/7 to provide simple summaries of the latest cryptocurrency news and developments from across the web. Crypto-News-TLDR relies entirely on contributions from readers to stay independent. BTC ETH XMR  IOTA  AION   Alternatively, support us by using the following referral links: Exchange: Binance | Hardware Wallet: Ledger Browser:  Brave | Free Bitcoin: Coinbase
Share Tweet Share Share Pin it

Related posts

528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy85NzBhYzRhM2FkNGZmNTIxYzQzNDU2MjIxODI3YTA2Mi5qcGc=.jpg

Crypto Exchange Kraken Adds Support for Tezos Staking

Exchanges
15
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy84Yzk1Y2NlN2JkNTlkMDkxN2ZmYjUyMThhYmViMjUwMy5qcGc=.jpg

Elliptic Launches Tool to Connect Banks with Cryptocur . . .

Exchanges
22
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9hOTQ0ZTgzODM4Y2I1YTBkYWNkODMyOWVmZDBjOTMyZC5qcGc=.jpg

IDEG, Coinbase Custody Launch Bitcoin Trusts in Appare . . .

Bitcoin
57
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy83NTg2MGRlZDE3N2RmOGViNDEwNDU4NmE0MWIzNTk0MC5qcGc=.jpg

Binance Defends Matic After Altcoin Dives 60% Due to ‘ . . .

Exchanges
27
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xMGViODc2NjM5MjAwMmUyOTljZWUwZmNmMDQzYjlmYi5qcGc=.jpg

Crypto Exchange BTSE Eyes $50M for Exchange Token Sale . . .

Exchanges
23
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iM2I4MWM5ZjkyOWE5ODVjMWU5MzFiOWY3MzExZDY3NS5qcGc=.jpg

Binance’s Partner Allows Users to Buy Crypto with Cred . . .

Exchanges
37
Ledger Nano S - The secure hardware wallet
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9mMjUxODdhZjdlM2FlOGVjYTIyYTg5OGE3NDcwM2YzMC5qcGc=.jpg

10 Key Things to Consider When Choosing a Crypto Exchange

Exchanges
39
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81MWVjYzRmM2UwZTZmM2IyZTkzZWMzMWU5NWZmYjBiZS5qcGc=.jpg

Binance Futures Hits $2.7B All-Time High as Firm Adds . . .

Exchanges
29
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zMDExNzViOWQyMWMwMDhlOWEzMWJmYzJlZDZhZTM4ZC5qcGc=.jpg

Cryptocurrency Exchange OKEx to Launch Options Trading . . .

Exchanges
45
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9jZDE2MTdiMTllNGE2MjUwMmY5Nzc4YTQ2NTcxYjM1YS5qcGc=.jpg

Ethereum Istanbul Hard Fork Get Support From Major Cry . . .

Ethereum
58
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy80ODViNDk1N2NhMGJiNzlkOTc5NzBlNTA3YmYzOGEzYy5qcGc=.jpg

Börse Stuttgart Digital Exchange Opens to All Users Ba . . .

Exchanges
46
528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9jODIwOWI4MjczMzQ1M2ZjN2VhMmE1ZTI2MzBlNTE1ZC5qcGc=.jpg

Coinbase Card Rolls out DAI as First Supported Stablec . . .

Exchanges
39
Ledger Nano S - The secure hardware wallet

 

Support cntldr.com

  • Bitcoin
  • Ethereum
  • MetaMask
Scan to Donate Bitcoin to 3nmdslnreu79qjbjsmpdqmptm4ddukemtb

Donate Bitcoin to this address

Scan the QR code or copy the address below into your wallet to send Bitcoin

Scan to Donate Ethereum to 0x72c04af02686d783cBd5A75fb6b9e0b0D1e8E5b7

Donate Ethereum to this address

Scan the QR code or copy the address below into your wallet to send Ethereum

Donate With MetaMask

Donate ETH With MetaMask

Alternatively, support us by using the following referral links:
  • Exchange: Binance | Hardware Wallet: Ledger
  • Browser:  Brave | Free Bitcoin: Coinbase

Leave a Reply Cancel reply

https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iYWEyMDZjNDJkYmE5NmJhOTdjMTUxNjdkMGU5ZTM0My5qcGc=.jpg
Ledger Nano S - The secure hardware wallet

CN [too long; didn’t read]

Summarised crypto news.

Subscribe below.

  • From Health Care to Mining, Central Asia Stays on the Blockchain Beat
  • German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets
  • US SEC Charges Shopin Founder With Orchestrating Fraudulent $42 Million ICO
  • VC Firm Andreessen Horowitz Announces Instructors at Free Crypto School
  • Two Crypto Advocacy Groups Partner to Promote Digital Tokens Educational Efforts
  • Ledger Nano S - The secure hardware wallet
    Follow @cntldr
  • Why Bitcoin Price Is Headed to 7-Month Low If $7K Support Fails
  • Circle Cuts Another 10 Employees, Rejects Connection to CEO Stepping Down
  • ConsenSys Is Reportedly Shutting Down Offices in India and the Philippines
  • Majority Leader of California State Assembly Pushes for Legal Certainty for Blockchain
  • Waves To Launch Blockchain-Agnostic Interoperability Protocol
  • Ledger Nano S - The secure hardware wallet
    Follow @cntldr
  • Study: China’s BTC Miners Control 66% of Global Hash Rate
  • Huobi Scores Ex-Deloitte Audit Exec as New General Manager for Turkey
  • Jack Dorsey: Twitter Developing Decentralized Standard for Social Media
  • NYDFS to Update BitLicense’s Terms for the First Time in 5 Years
  • Price Analysis 11/12: BTC and These 9 Cryptos Set to Resume Downtrend
  • Ledger Nano S - The secure hardware wallet
    Follow @cntldr
  • Crypto Exchange Kraken Adds Support for Tezos Staking
  • Elliptic Launches Tool to Connect Banks with Cryptocurrency Exchanges
  • 5 Bullish Candlestick Patterns Every Bitcoin, Crypto Trader Must Know
  • French-Regulated Napoleon Bitcoin Fund Linked to CME Futures
  • China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
  • Ledger Nano S - The secure hardware wallet
    Follow @cntldr
  • Central Bank ‘Parental Controls’ Obsolete for Crypto: Bank of Lithuania
  • Bitcoin ‘Can Be’ A Reliable Financial Instrument After All: Mark Cuban
  • Russia’s National Energy Grid Operator Tests Blockchain for Retail Payments
  • The Pros and Cons of Social Trading: Is It a Good Idea for New Investors?
  • Bitpay Launches Support For Three USD Stablecoins — But Not Tether
  • Ledger Nano S - The secure hardware wallet
    Follow @cntldr