Binance US smashes 10 Million dollars in daily volume! Binance US Smashes 10 million dollars in daily trading volume – something that took the original Binance a lot longer to achieve than Binance US.
Binance US has seen over $10 million in daily traded volume according to data shared by Catherine Coley, Binance America CEO.
Cryptocurrencies included in the push past $10 million includes Bitcoin, Ether, XRP, Bitcoin Cash, Litecoin, Binance Coin, and Tether.
Earlier this month, Binance launched its new Bitcoin Futures – that saw a record $700 million in trades as other platforms saw lackluster activity.
“Took Binance longer to unlock this achievement back in the day… Most people underestimate the effort involved in jump starting a new platform” said Changpeng “CZ” Zhao, the CEO of Binance.
Binance has recently launched support for IOTA (MIOTA) and Binance USD (BUSD). Binance USD is a stablecoin that was launched together by Binance and Paxos this past September. The asset, like other fiat-pegged stablecoins in the industry, has received regulatory approval from the New York State Department of Financial Services.
Binance US has also raised ACH limits for USD deposits and withdrawals. They are able to send an initial ACH deposit of up to $5,000. After 10 days, their deposit limit will increase to $30,000.
In related global news, CZ reportedly told reporters this week that from his perspective, Russian President Vladimir Putin is the most influential person in the blockchain space – it was also reported that the Russian Ruble will be supported on the flagship exchange – Binance.
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