Binance Us Lists 19 New Cryptos For Trading Including OMG, TRX, And XTZ; Evaluating 18 Others
Binance the world's leading crypto exchange by trading volume is known for its rapid development work on its numerous platforms, and in the past two months, it has done the same on its recently launched crypto exchange for the US customers. Binance US was launched on September 23rd to cater to the crypto trading needs of 37 states of America.
The platform released a blog detailing their development on the platform in the past two months which included the addition of 19 new tokens to the training list apart from the seven listed at the time of launch. The platform also added support for debit card transfers, increased the ACH limit to $30,000 and also provided a 25% lower trading fee for BNB holders.
25 tokens listed. 18 new possibilities. https://t.co/q5F1b93EzS
— CZ Binance (@cz_binance) December 11, 2019
The platform has seen a rapid rate of development right after its US launch where it is trying hard to capture the crypto user market currently dominated by Coinbase. The platform has many offers to attract new consumers which include a $15 new user signup bonus along with 30 days of free trading. Apart from that the platform also provides FDIC insurance coverage for USD deposits.
Binance Is Working Tirelessly to Expand its user Base Across the Globe
Binance has built an entire ecosystem to not just progress and become the global crypto exchange but also facilitate the growth of new and upcoming projects in the decentralized space. It recently acquired Indian Crypto exchange WazirX to set its foot in the grand Indian market.
On the US front where the market is currently dominated by the likes of Coinbase, Kraken, Gemini and many more, Binance is looking to list as many tokens as possible. In addition to the 19 new tokens added in the past months, the firm is also looking into another 18 tokens including the Tron's TRX token to list on the platform. Justin Sun also tweeted about the same and hoped to be listed on the exchange.
#TRON(#TRX) is in the next batch of digital assets that are going through the evaluation for listing on https://t.co/zj7XR0aDey. @BinanceAmerica is a reliable & inclusive marketplace for everyday American users that discovers projects with true utility. https://t.co/4Z40E2Lz6k
— Justin Sun (@justinsuntron) December 11, 2019
The firm promises to provide the highest level of security to its users against fraudulent blockchain projects and combat financial crimes.