Binance Lists iOS App on Apple Store After “Tough Review”

Tuesday, 20/08/2019 | 14:58 GMT by Aziz Abdel-Qader
  • Since its first launch in 2018, Binance iOS app appeared and disappeared from the App Store on a couple of occasions.
Binance Lists iOS App on Apple Store After “Tough Review”
Binance CEO Changpeng Zhao

Binance, the world’s largest cryptocurrency exchange by volume, has officially listed its iOS application on the Apple App Store, meaning i-device users no longer have to jump through hoops to get it.

Binance has had an App for Apple’s iOS eco-system for some time; however, earlier in May, some users reported that the mobile application had been removed. Since its first launch back in October 2018, Binance iOS version has previously appeared and disappeared from the App Store on a couple of occasions, though it has always been available on the less-restricted Android platform.

While Binance app has never been consistently available on the store, users had to take it upon themselves to download and install the apk, effectively circumventing Apple’s tight security measures.

However, Binance CEO Changpeng Zhao revealed over the last few days that their official App Store download for the software has reappeared.

With little information regarding what was happening behind the scenes, Zhao said in a recent tweet “Getting "listed" in the App Store was a tough process, probably harder than getting listed on @binance. Being the applicant, we worked hard and followed all the rules and procedures, never complained. And got there in the end. Enjoy the iOS app!”

Binance opens dedicated US platform

Over the last year or so, Apple has become more strict in enforcing the iOS App Store rules. It has previously removed crypto apps from the store to comply with government regulations or as it violated their guidelines.

The relaunch of Binance app comes at a time when the Malta-based Trading Platform is moving toward a formal launch in the US, just as the Changpeng Zhao-led firm announced it is closing off all US states from trading on Binance.com.

The move would see Binance partnering with BAM Trading Services, a FinCEN-registered company to roll out “Binance US,” exclusively for customers based in the United States. Binance will license its matching engine and wallet technologies to its US partner which would handle operations into compliance with local regulations.

Binance’s strategy officer Gin Chao told Finance Magnates in June that opening up a separate US-based Exchange would help minimize the risk of heavy-handed regulators overstepping their bounds. Although he didn’t give a firm timeline for the launch of the US branch, Chao expects to debut the business before the end of 2019.

Binance, the world’s largest cryptocurrency exchange by volume, has officially listed its iOS application on the Apple App Store, meaning i-device users no longer have to jump through hoops to get it.

Binance has had an App for Apple’s iOS eco-system for some time; however, earlier in May, some users reported that the mobile application had been removed. Since its first launch back in October 2018, Binance iOS version has previously appeared and disappeared from the App Store on a couple of occasions, though it has always been available on the less-restricted Android platform.

While Binance app has never been consistently available on the store, users had to take it upon themselves to download and install the apk, effectively circumventing Apple’s tight security measures.

However, Binance CEO Changpeng Zhao revealed over the last few days that their official App Store download for the software has reappeared.

With little information regarding what was happening behind the scenes, Zhao said in a recent tweet “Getting "listed" in the App Store was a tough process, probably harder than getting listed on @binance. Being the applicant, we worked hard and followed all the rules and procedures, never complained. And got there in the end. Enjoy the iOS app!”

Binance opens dedicated US platform

Over the last year or so, Apple has become more strict in enforcing the iOS App Store rules. It has previously removed crypto apps from the store to comply with government regulations or as it violated their guidelines.

The relaunch of Binance app comes at a time when the Malta-based Trading Platform is moving toward a formal launch in the US, just as the Changpeng Zhao-led firm announced it is closing off all US states from trading on Binance.com.

The move would see Binance partnering with BAM Trading Services, a FinCEN-registered company to roll out “Binance US,” exclusively for customers based in the United States. Binance will license its matching engine and wallet technologies to its US partner which would handle operations into compliance with local regulations.

Binance’s strategy officer Gin Chao told Finance Magnates in June that opening up a separate US-based Exchange would help minimize the risk of heavy-handed regulators overstepping their bounds. Although he didn’t give a firm timeline for the launch of the US branch, Chao expects to debut the business before the end of 2019.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4984 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4984 Articles
  • 31 Followers

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