Binance US considers listing 30 cryptocurrencies! Binance US, the offshoot of Binance, is reportedly considering 30 tokens. The launch date of Binance US has not been announced yet.
Via a blog post, Binance US announced that its efforts to launch a cryptocurrency exchange in the US is proceeding at a quick pace.
The exchange is currently evaluating 30 coins to be listed on its US platform, including Bitcoin, Ether, USDC, PAX, BNB, and others that do or could quickly meet US regulatory requirements.
Binance announced its plans to launch a fiat-to-crypto exchange in the US last month – this was shortly before announcing that Binance.com would stop being available to US Citizens starting September. Catherine Coley, the former head of XRP institutional liquidity at Ripple, was tapped to be the CEO of Binance US.
The list of tokens for consideration are as follows: ADA, ATOM, BAT, BCHABC, BNB, BTC, DASH, EOS, ETC, ETH, HOT, IOTA, LINK, LOOM, LTC, MANA, NANO, NEO, PAX, REP, RVN, TUSD, USDC, USDT, VET, WAVES, XLM, XRP, ZIL, ZRX.
Binance US’ entry into the market specifically for US Customers would upset the delicate balance and existing power structures, currently dominated by Coinbase.
Coinbase is reportedly considering adding 8 new tokens onto their platform, including Alogrand, Cosmos, Dash, Decred, Ontology, Waves, Matic Network, and Harmony. Of those 8, Dash, Waves, and Cosmos are on the review list for BInance US. Harmony and Matic Network did their token sales on Binance Launchpad.
What do you think? Let us know on our Facebook page!