Source for BlockChain News

Category archive

Binance.US

Binance US to Include NEO and ATOM for Trading

by
Binance

Binance

One of the biggest reasons behind the remarkable growth of the cryptocurrency space is due to the establishment of big-ticket exchanges, and in that regard, Binance US could end up becoming one of the most influential. It is the world’s biggest crypto exchange by trading volume, and its entry into the United States is a major event.

Key Details

It emerged that the American arm of Binance is going to add support for both Cosmos (ATOM) and Neo (NEO). The company made the announcement on October 30 and went on to add that users will be able to trade in both those tokens from October 31.

It is a significant step and is certainly going to help Binance US in attracting more customers. Both ATOM and NEO are among the biggest cryptocurrencies in the world at the moment by market capitalization. According to a leading crypto analysis website, both are within the top 20 in the world at this point, and hence, the listing should eventually raise the volume of trading in the platform.

At the end of the day, the United States remains one of the biggest markets for crypto platforms, and the more options the exchange provides, the greater the chance of driving volume.

>> Ripple Invests in Cybersecurity Startup Funding Round

Dogecoin Listing

However, the latest update is not all. Binance has been adding new tokens rapidly to its American platform, and last week, it announced the listing of Dogecoin on the platform. Although it is not among the biggest tokens in the crypto space, it should be remembered that it has a great recall value and is well known among crypto traders all across the world as well as in the United States.

Dogecoin enjoys modest volumes, and one crypto analysis firm reported last week that it had a 24-hour volume of $7.85 million on Thursday. That being said, the latest listings by Binance US could have an important effect on the future of the exchange.

Featured image: DepositPhotos © Grey82

If You Liked This Article Click To Share

Binance.US iOS App Opens Beta Testing to Public

by
Binance

Binance

Binance.US, the United States-based branch of crypto exchange Binance, has opened beta testing of its iOS app to all users following a successful private trial in December.

Binance announced the open beta test in a tweet on December 30, giving clients a chance to trial the new platform as well as providing the exchange with an opportunity to address and resolve potential flaws before the app is fully launched. Following the successful iOS beta test, Binance.US also made the app available for beta testing on Android devices, again urging the public to help identify possible issues that can be rectified before the app’s launch for a wider audience.

The open beta test is a further advancement for Binance’s platform after it was announced that it would begin accepting payments directly from Visa cards for the purchase of four cryptocurrencies—Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), and Ripple (XRP). However, at present, the service only supports Visa credit and debit cards issued within the European Economic Area. The exchange plans to add support for Mastercard and more digital currencies in the near future.

Binance has been hard at work increasing accessibility to its platform in recent months. In December, the exchange announced that it was partnering with peer-to-peer crypto marketplace Paxful to integrate its “Virtual Bitcoin Kiosk,” which will allow customers to buy crypto with over 167 fiat currencies. This move has the potential to provide access to crypto trading for millions of customers, with some of the supported currencies including the British pound, Mexican peso, Canadian dollar, Euro, and Argentine peso.

>> Ethereum’s Hard Fork is Scheduled for Tomorrow: Key Things to Watch

However, it’s not all good news for crypto platforms in pursuit of bringing their services to mobile devices. Last week, it was reported that Apple may force Coinbase to remove its decentralized application browser from its crypto wallet iOS application after Google forced Ethereum-based dApp browser MetaMask from the Play Store.

Featured Image: DepositPhotos © shahurin

If You Liked This Article Click To Share

Go to Top