The U.S. subsidiary of the Binance exchange, Binance.US, could be listing new cryptocurrencies on its platform, including Tron (TRX), Tezos (XTZ), NEM (XEM) and Ontology (ONT), among others. This is according to a recent blog post released by Catherine Coley, the CEO of the Binance.US exchange.
Binance.US Analyses The Possibility Of Adding Support To More Cryptos
In a recent blog post explaining what Binance.US is currently doing, Coley shared with the community the coins that they are examining to add to the platform.
These cryptocurrencies include the ones mentioned before and others such as Celer Network (CELR), Decreed (DCR), Enjin Coin (ENJ), Komodo (KMD), Fantom (FTM), ICON (ICX), IOST (IOST), OmiseGo (OMG), Harmony (ONE), Ren (REN), Status (SNT), Theta (THETA), TomoChain (TOMO) and Hedera Hashgraph (HBAR).
In the blog post, they also explained that they have already listed 19 new tokens in addition to their original seven coins that were included when the platform was launched. Moreover, debit card transfers have been enabled and they have also included ACH limits to $30,000.
At the same time, the company continues to give users a $15 sign up welcome bonus and 30 days of free trading, which helps new users feel comfortable while using the platform. Binance.US is also offering FDIC insurance coverage for USD deposits as well.
The exchange wants to remain a leader in the market with an increasing number of solutions and services that would be useful for traders that want to buy and sell cryptocurrencies. At the same time, the decision behind expanding the number of cryptocurrencies aims at giving users the possibility to have a wide range of digital assets to trade, hold or exchange.
On the matter, Coley commented:
“Binance.US recognizes that the ease of issuing blockchain tokens and the perceived lack of regulation could make these tokens targets for abuse. Binance.US has both legal obligations and moral duties to shield our users from fraudulent blockchain projects and combat financial crimes.”
In the future, new regulations could be implemented in the United States and Binance.US wants to be compliant with the new impositions made by the government. Although it is costly and sometimes not easy to be compliant with these things, the goal is to remain regulated and offer services to enthusiasts and investors in digital assets.