Binance US Evaluating 30 Cryptocurrencies for Listing, Not Including TRX, XMR


The leading cryptocurrency exchange Binance has made further progress with its Binance US exchange. Just about two months back on June 14, the exchange announced its partnership up BAM Trading Services Inc. to launch trading services for its users in the United States.

The idea was to launch a US extension of Binance with a focus on the trading of mainstream cryptocurrencies with liquidity. Following this news, Binance announced that it will no longer permit US citizens to sign for its global Binance.com service, effective from September 12.

Now, the exchange is giving a peek into the “exciting developments” coming soon for Binance US.

For this, the exchange is currently evaluating 30 cryptocurrencies for listing including 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, and ZRX.

As part of the legal obligation, Binance US is adopting a,

“Digital Asset Risk Assessment Framework to help select bona fide blockchain projects with a real chance of making the world more efficient, to provide transparency in our listing standards, and to ensure Binance US’s compliance with applicable legal requirements.”

Under this framework, it will examine each digital asset for different factors including a clear strategy to solve a real problem, reasonability fair market supply, and demand, and if it is technologically secure to transact.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide