Binance US is one of the most popular cryptocurrency exchanges in the United States. However, it has far fewer coins available for trading than its international counterpart.
There are a few reasons for this.
The first reason is that Binance US is subject to more regulations than Binance International. These regulations limit the types of coins that Binance US can list.
For example, Binance US cannot list coins that are deemed to be securities by the US Securities and Exchange Commission (SEC). This includes many popular coins such as Bitcoin Cash (BCH), Ethereum Classic (ETC), and Ripple (XRP).
NOTE: WARNING: Binance US has fewer coins available than other Binance platforms due to its strict regulatory policies. This means that some of the coins you may be familiar with from other exchanges may not be available on Binance US. Be sure to research what coins are supported before investing in any cryptocurrency.
The second reason is that Binance US has only been operational for a few months. It launched in September 2019 and has slowly been adding more coins to its platform.
It takes time to get approval from regulators to list new coins. Binance US is also still in the process of building up its user base and liquidity.
The third reason is that some popular coins are simply not available on Binance US yet. This includes coins like Nano (NANO) and Stellar (XLM).
Binance US may eventually list these coins, but it could take some time.
In conclusion, there are a few reasons why Binance US has fewer coins than Binance International. These include regulatory issues, the young age of the exchange, and lack of liquidity for certain coins.
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Binance is one of the most popular cryptocurrency exchanges on the market today. However, one thing that has been a source of frustration for many users is the high withdrawal fees that the platform charges. In this article, we’ll take a look at why Binance withdrawal fees are so high and whether or not there is any justification for them.
Binance Coin (BNB) is currently down 5.41% against the US Dollar (USD) and trading at $15.14. The 24-hour trading volume is $316.
39 million. The total market capitalization is $2.21 billion.
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Binance, one of the world’s largest cryptocurrency exchanges, charges a lot for withdrawal. The reason for this is because they want to make a profit and they need to cover their costs. Withdrawal fees on Binance are 0.1% of the total withdrawal amount or 10 USD, whichever is greater.
