Binance US Crypto Exchange Users Can Now Deposit ADA, BAT, ETC, XLM, And ZRX
The crypto exchange giant Binance.US has recently announced that it is going to start accepting deposits for other cryptocurrencies that were not initially traded in the platform. These digital coins include Basic Attention Token (BAT), Stellar (XLM), Cardano (ADA), Ethereum Classic (ETC) and Ox (ZRX).
According to a statement published on their website, these coins are only available for deposits as of now. They cannot be withdrawn currently. The users of this exchange will have to wait until trading goes live to have a chance to withdraw their funds. Trading for these currencies is expected to commence on September 25, 2019, at precisely 9:00 am.
Trading Prominent Coins
Binance.US opened the registration of accounts on September 18 before the commencement of full trading. There before, the company had announced that it was only going to list Ethereum, XRP, Bitcoin Cash, Bitcoin, Litecoin and Tether USDT. It was later on confirmed that Binance Coin was also going to make it on the list of assets for trading.
Is There Demand?
The list of assets that Binance.US is looking to offer for trading seems precisely like what the most prominent exchange platform in North America is offering. So many people are still wondering if there will be any life for an exchange platform that provides fewer altcoins than the leading exchange firm.
New Trading Pairs
Binance US platform had made an earlier announcement that they were to launch 13 fiat-to-crypto and also crypto-to-crypto pairs for trading. The main couples involved would be:
USD Pairs: BAT/USD, XLM/USD, ADA/USD, ETC/USD, ZRX/USD
USDT Pairs: BAT/USDT, ADA/USDT, XLM/USDT, ETC/USDT, and ZRX/USDT
Binance.US will be accessible to all the States of the US except 13 states only. The company opened a crypto-fiat exchange platform on Jersey Island. It was on an expansion plan internationally, and users can now trade Bitcoin and Ether for Euros and British pounds.