Binance Considering to Expand Support For United States Users With 30 Tokens

August 10, 2019 By: Nwabundo Wisdom

 

Leading cryptocurrency exchange Binance in a blog post on August 9, has announced that it is considering launching support for a larger number of digital assets available to its United States-based users.

According the report, Binance intends to launch support for 30 digital assets in its Binance US platform created specifically for United States-based users. It noted that:

“Binance US strives to be a reliable and efficient marketplace for a rich selection of high-quality digital assets, so that our users can be part of the open and competitive market that discovers projects with true utility.”

Digital assets to be included in the Binance US platform include: Bitcoin (BTC), EOS (EOS), Ethereum (ETH), Cardano (ADA), Cosmos (ATOM), Tether (USDT), TrueUSD (TUSD), Litecoin (LTC), Ripple (XRP), its BNB token and many others, all amounting to 30 tokens.

The report noted that Binance is currently evaluating the 30 tokens its intends to launch on the Binance US platform under its Digital Asset Risk Assessment Framework, a body set up to investigate and determine that all blockchain projects listed on the platform complies with every legal requirements demanded by the country.

This development comes amid reports by CryptoPotato who warned cryptocurrency users in the United States that they would no longer have access to trading cryptocurrencies, as Binance intends to shutdown access to many trading options come September, it noted.

Binance has recently come under fire over claims of a ‘KYC leaked FUD’ in which was alleged that hackers gained access to thousands of users personal information, a rumor which the CEO of leading cryptocurrency exchange, Changpeng Zhao, debunked as false, saying:

“Don’t fall into the ‘KYC leak’ FUD. We are investigating, will update shortly,” he tweeted.”

 

 

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