Binance, Exchanges

Who Is Binance US Owned By?

Binance US is a digital asset exchange created by one of the world’s largest cryptocurrency exchanges, Binance. The company behind Binance US is BAM Trading Services, which is a subsidiary of Binance.

The launch of Binance US comes as Binance prepares to close its doors to US-based traders on September 12th.

Binance US will be available to US-based traders beginning September 18th. The exchange will offer trading in a selection of digital assets, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple’s XRP, and Bitcoin Cash (BCH).

Binance has also said that it will add more assets to the platform in the future.

One of the key features of Binance US will be its low fees. The exchange will charge a flat fee of 0.1% per trade.

This is significantly lower than the industry average, which is typically around 0.25%.

NOTE: WARNING: Before attempting to answer the question “Who is Binance US owned by?”, users are strongly advised to exercise caution and do their own thorough research. This is due to the fact that information regarding who owns Binance US is constantly changing and may be inaccurate or out of date. Additionally, some of the information provided online may be false and could lead to financial losses. As such, it is highly recommended that users take all necessary precautions when attempting to answer this question and/or use any of the services provided by Binance US.

The launch of Binance US comes as the cryptocurrency industry prepares for a wave of regulation. The US Securities and Exchange Commission (SEC) has been cracking down on Initial Coin Offerings (ICOs) and has issued a number of fines to exchanges for violating securities lAWS.

In June, the SEC charged two ICOs with fraud and ordered them to pay back millions of dollars to investors.

The launch of Binance US also comes at a time when the US-China trade war is heating up. On September 1st, the Trump administration imposed 10% tariffs on $200 billion worth of Chinese goods, with the tariffs set to increase to 25% by the end of 2018.

These tariffs are likely to have a negative impact on the global economy, and could lead to a slowdown in the adoption of cryptocurrencies.

In conclusion, Binance US is owned by BAM Trading Services, a subsidiary of Binance. The launch of the exchange comes as Binance prepares to close its doors to US-based traders on September 12th.

The exchange will offer trading in a selection of digital assets, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple’s XRP, and Bitcoin Cash (BCH).

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