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2019-10-18 18:08:31

Binance U.S. adds FDIC insurance for USD deposit

USD deposits on Binance U.S. are now FDIC insured, according to a blog post published by the exchange on Friday. According to Binance U.S., the exchange holds its customer’s USD deposits in “pooled custodial accounts” at banks that are insured by the FDIC.The post Binance U.S. adds FDIC insurance for USD deposit appeared first on The Block.